Date Archives April 2008

Surprised that Yun’s candor wasn’t noticed

From yesterday’s USA Today (fingered by a client): Lawrence Yun : Consumers need to find out what is going on at the local level and not necessarily take national headline numbers as a point of reference. Sellers tend to be more stubborn in facing the reality of the market, so people who really need to sell need to come down on prices, given the high inventory and seller competition. …

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Monday Reading 04-28-2008

Darren the Problogger speed-posted in response to Twitter questions and left readers with a wealth of information EcoTech Daily’s Daily Five – Jetson Green’s Sprawl Home Discounts, Big City LEED and Codes, + Future of Green Buildings is good knowledge The unlucky .2% at the Foxfield Races The Real Cost of Tackling Climate Change – hint: it’s more than you might think (it’s a cultural change more than anything else) Today, the average residence in the U.S. uses about 10,500 kilowatt hours of electricity and emits 11.4 tons of CO2 per year (much more if you are Al Gore or John Edwards and live in a mansion). … The clear implication is that we shall have to replace virtually the entire fossil fuel electricity infrastructure over the next four decades with CO2-free sources – a multitrillion dollar proposition, if it can be done at all.

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What will MLS data standards do for the consumers?

With the recent talk of how forthcoming data standards are going to make property data sharing more efficient and thus better for consumers and Realtors, here is one of my requests – I’d love to see a (Google) Mashup (or the MLS would be even better, and I think a no-brainer) providing an overlay of school districts. … Even better, make it so that registered users could make their own pages with all their important locations to help them organize their thoughts and help their Realtor representatives better understand their thoughts and thought processes.

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The lending environment is getting even more challenging

Real estate agents and brokers say they have seen some unconventional loan types, such as those higher-risk loans that have been blamed for bringing down the subprime and credit markets, largely vanish from the market while government loan products are becoming more prominent. … The reason for the delay is that that program they were going to use to fund the loan no longer exists so they want to get back with (their lender) and make sure everything works before we come back to you.

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