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The Beverly Hills Real Estate weekend blog for 5-24-13

By
Real Estate Agent with Nourmand & Associates

The Beverly Hills Real Estate weekend blog for 5-24-13

Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook at  http://youtu.be/9Yr5WtADuQk

72 and overcast today.  The Dodgers win 2 out 3 and are home tonight with Vin at the mic!  Memorial Day WEEKEND… Remember those who serve and served.

Tomorrow we will activate the link to Weekend Open House Guide.  The Weekend Open House Guide. http://www.themls.com/wohg.cfm?DEBUG=0  If you have any question regarding buying or selling a property give us a call and well help you find a solution.

Find Real Estate values courtesy of our MLS. CLICK on link and select an area LA, Ventura etc.
http://realist2.firstamres.com/home.jsp

Please e-mail us at: mrpk1@pacbell.net should you need immediate assistance.
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May 20, 2013 Weekly News

The speculator’s predicament: a likely scenario
Poll: How are rents performing in your local market?
How long before profits from the apparently resurgent real estate market dry up?

 

April home sales increase – will it continue?
Is this a fluke or the start of a new trend?

 
 

The MID: Robin Hood in reverse
Poll: Does the mortgage interest tax deduction disproportionately benefit the wealthy?
A recent report looks at MID use by zip code.

 
 

Weekly Statistical Update
This week: Diminishing NODs and REOs

 
 

Want more news?
Catch up on current market rates and the latest first tuesday polls.

 


Tips and Opinions

Weekly Tip: Work the FARM
Use direct mail, email or both. Your small in-house publication is the best way to mentally attach past and prospective clients to your brand of real estate service.

 

Comment of the Week
"This article supposes a very narrow set of circumstances that do create broker liability. The broker induced the seller to accept the offered price while the seller was relying upon a conflicted broker. This is a problem, not only in a flip, but in a broad variety of sale scenarios involving compromised brokers. Let’s not blame the flip." -George on
Brokerage reminder: Flipping for profit, fraud in the market

 
 

Weekly Podcast
The Cliff's Notes version. Get the latest on the market in three minutes!

 
 

Keep more fees
Cut out the middle man and become a broker.
Enroll in first tuesday broker licensing courses today!

 

 

Today's real estate news 

Mortgage rates rise

A deduction unevenly used

Buying beats renting in 64 percent of metros after three years

MORE >

Nominations open for the C.A.R. Champions of Home Awards 

C.A.R. would like to invite its members to nominate a California REALTOR® who has gone the extra mile for a client.

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April home sales and price report 

California home sales and prices spring higher in April; median price posts five-year high.

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Free L.A.-area home buyers fair May 25 

Event will help prepare prospective first-time home buyers enter the California housing market and assist previous homeowners who have suffered economic hardships regain their footing.

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C.A.R. reports 1st quarter 2013 housing affordability 

Higher home prices put a dent in California’s housing affordability during the first quarter of 2013.

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California REALTORS® applaud new FHFA appointment 

The new appointment brings the much-needed certainty to the position that is necessary to ensure that the mortgage giants can continue providing liquidity to the housing finance industry.

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Test the Java-free zipForm® Plus Beta 

C.A.R. just released zipForm® Plus Beta allowing all members to test and provide feedback to the future of forms software. More information and free webinars can be found on the zipForm® 6 webpage.

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Fannie, Freddie don’t deserve capital punishment 

A recent editorial called for the U.S. government to put the GSEs on a path to recovery, rather than jeopardize the two institutions that made the mortgage market stronger.

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Celebrate 100 years of living by "the code" 

2013 marks the centennial of the Code of Ethics and Standards of Practice of the National Association of REALTORS®.

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March pending and distressed sales report 

The share of equity sales rose to their highest level in five years, while March California pending home sales climbed from the previous month.

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New C.A.R. ad campaign spotlights ripple effect of real estate 

“What starts with one California REALTOR® benefits all of California.”  That’s the underlying sentiment of a new integrated consumer ad campaign from C.A.R., launching exclusively on ABC television stations, as well as radio, print, and online. 

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“Atwater Village,” “West Hollywood,” “Westlake,” “Calabasas,” “Encino”, “Van Nuys,” “ Studio City,” “ North Hollywood,”  “Universal City,”  “Toluca Lake,” “ Glendale, Pasadena,” "Real Estate (Industry,)”  Daily, "California (US State),"  “Hollywood Hills East and West,” “Los Feliz”
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