Keith Sorem's (keithsorem) Blog

The leaves are falling from my maple tree, mirroring the sales activity in Burbank.  If you are a buyer, pay attention...actually, if you are a seller, you should too!Back in June, at the peak of the spring sales season, we had a market index of 0.31 with 350 active listings, selling 68.  Fast fo...

The leaves are falling from my maple tree, mirroring the sales activity in Glendale.  If you are a buyer, pay attention...actually, if you are a seller, you should too!Back in June, at the peak of the spring sales season, we had a market index of 0.26 with 442 active listings, selling 62.  Fast f...

 I monitor 25 local areas for real estate trends, and each area has it's own characteristics.  For this month's report I would like to high some significant differences between some of the nearby areas, but first, let's look Glendale's statistics. Overall there are many positive indicators that p...

 I monitor 25 local areas for real estate trends, and each area has it's own characteristics.  For this month's report I would like to high some significant differences between some of the nearby areas, but first, let's look Glendale's statistics. Overall there are many positive indicators that p...

As we enter the end of the summer selling season (try to say that three times real fast!) it is clear that the effects of tighter lending guidelines, higher interest rates, and increasing inventory are slowly but surely putting pressure on pricing and home values.If you just monitor the Market In...

There is a lot of excitement in Glendale!  Americana At Brand is opening in June, 2008.  There are over 2,100 new condo units coming on the market over the next 18-24 months, mostly high-rise/mixed use projects downtown.  http://www.ci.glendale.ca.us/dev-svcs/Invest_in_Glendale.aspSo what's excit...

Some of you may have noticed a lack of posts...well, some have been part of a test.  For all of you, you will reap the benefits of my conclusions to date!  Associate O GGoal 1500Contacts 422Leads 26ListingAppointments2Listings 0Sales Opened 1Co0nt Ratio 422.0L B15003597441359.0Keith Sorem15003296...

Okay, first of all this is my disclaimer.  I have had a long week, worked really hard, and it's HOT!There was a property in town that sold for $780,000 last spring.  It was a sale by the owner.  I check, and the seller was being "helped" by their son, a former lender.  (so, just so we all underst...

It's HOTTER in La Canada Flintridge Than Most Markets!I talk with quite a few REALTORS and am always amused when they talk about "the market".  My experience is that they usually use words such as "soft", "slow", and "shifting", but rarely do they have any facts to support their opinions.  Or the...

For those that may not watch the Food Network, or visited www.foodnetwork.com, believe it or not there is an entire channel devoted to FOOD!  Who would have thought?  There is a new show called FOOD NETWORK STARPatterned after the Apprentice (Donald Trump's show) and  American Idol, 12 star chef ...