Here is a list of You Know When Real Estate Values Are Dropping When: 1) When you go to look at the same house for sale you looked at this time last year that is still on the market. 2) Even realtors admit house prices are dropping. 3) When banks cancel your home equity line of credit. 4) The per
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06/23/2008
I was doing an open house. This house has only been on the market for a week and a half. Not long enough for the market to really see it yet. It is in a spectacular neighborhood where people who move in, never leave because they love it. Obviously, this makes the home a little more attractive
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06/22/2008
How many have heard that a Realtor's job is dangerous? Well, if your laughing, think again. Everyday, Realtors get attacked and taken by surprise. See, sometimes we take people out to look at homes that we have never met before. We drive them around the town looking at many different houses.
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06/22/2008
Well, they come and go, like the tides. When there is money to be made, they come a running, but what happens when the well dries up? In January 2000, the total licensee population was 303,000. This is when the boom started. In the following months for the next 7 years, the population of licen
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06/20/2008
So, I had to turn down another listing. Sometimes I think that sellers are not getting it, still. Trying to explain to them that they are now competing with REO (Bank Owned Properties) is really challenging. They don't seem to understand the concept that a buyer would rather pay for an Bank Ow
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06/18/2008
So, I was talking with an owner who is going into foreclosure. Nothing new there, but her situation was a little bit different than some others have been. She purchased a condo in a new complex last year. The complex was built by a builder who couldn't sell off all of their units and went bank
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06/17/2008
Well, it has been a month and a half, but the dog park is now back open. I guess they had to re-sod everything, which is ok, but here is what was weird. Not only did they shut down the dog park by my house, but they also shut down the 2 other dog parks that I would have gone to due to the closu
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06/17/2008
I have gotten this questions a number of times. How quickly does the Listing Realtor have to submit the offer to the seller once it has been received? Well, the NAR code of ethics says this: "REALTORS® shall submit offers and counter-offers objectively and as quickly as possible." I have also h
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06/14/2008
Okay, so now homeowners are running scared, but taking matters into their own hands. Do people not have a conscience in this world anymore? So here it is, the "buy and bail" method. The current homeowner knows that their adjustable mortgage, the one they should have not gotten in the first pla
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06/11/2008
So your home is sitting on the market, but you haven't sold it yet, or worse, you have no bites at all! Nationwide research shows that there are five main reasons real estate doesn't sell in a timely fashion: 1) Price 2) Condition 3) Location 4) Listing Agent 5) Marketing Plan Price: In previous
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06/06/2008
