Emily Rose Newmark's Blog

California Housing Market Corrected By 2017?The lead economist of a statewide Realtors group seems to think so.  Sales as well as prices are increasing, however low inventory and defaulting loans are pumping the brakes on the recovery process.  It's getting there, but we have a ways to go.Califor...

Big Bank Walks Away from 2nd Mortgages!!!! If you have a 2nd mortgage through Bank of America, you may want to check your mailbox.  According to the TBWS Daily Show, Bank of America has sent out 150,000 letters to consumers informing them their 2nd mortgages have been wiped away.  Too good to be ...

Home Prices in CA at 4 Year High!!! In the month of July home sale prices rose for the fourth month in a row resulting in a near 4-year high!  While it's harder to see in certain areas at times, the median prices have been the highest since August 2008.  Of course, this is taking into considerati...

Keller Williams Highest Ranked in Customer Satisfaction by JD Power!!   THIS JUST IN FROM JD POWER & ASSOCIATES....... The 2012 Customer Satisfaction Survey came out and Keller Williams ranks highest in customer satisfaction in both the home-buyer and home-seller segments!   Further, Keller Willi...

I'm so excited to share with you our new listing!  This is a VERY unique property that is sure to impress even the most discerning buyer! We were fortunate enough to have our listing featured as the House of the Day by the Wall Street Journal!  See the article here: Wall Street Journal House of t...

Please share your recent experience with everyone.  I'm curious to see how things are going with you all. I can tell you that I've had 2 listings close (multiple offers) in the last month that sold for about $30k over asking!!!  These listings were priced from $400-$800k.  So it looks to me like ...

Had to share this article from The Daily News with everyone.  San Fernando Valley Home Sales Leap 25 Percent in May http://business-news.thestreet.com/daily-news/story/san-fernando-valley-home-sales-leap-25-percent-may/1   Home sales in the San Fernando Valley jumped 25 percent in May, the bigges...

Is Your Credit Score Needing a Boost?   Fear not!  There are ways of improving your score!  It may not happen over night, but it is possible. According to myfico.com, a person with a credit score of 720 can expect a rate of 3.7% on a 30-year, $300k fixed-rate mortgage.....someone with a score of ...

United States of America is ON SALE! I'm sure you've noticed, things seem to be looking up for buyers here in California as well as nationwide.  According to the California Association of Realtors, housing affordability in CA rose to a record high 56% for the first quarter of 2012. This up from 5...

How often have you heard this phrase from a listing agent?  "We have multiple offers on this property" Have your buyers offered, counter-offered, countered again? One might think this is a sign of the market getting better.  In some ways it is, but for the most part, supply is low and demand is h...