Archives for April 2008
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.
... USA TODAY: Does the national median home Read More
"Now, I'm annoyed because I looked stupid. I searched for condos in that community that were for sale and missed this one because it wasn't listed as a condo. I'm partially mad at myself for not thinking to broaden the search criteria under the assumption it had been listed incorrectly.And, I hate, hate, hate looking stupid. I really hate being wrong!" Read More
Hopefully, all of our lives - buyers, sellers, Realtors - will become more efficient. 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 Read More
For some, that is.
Matt Carter at Inman news has this report:
Sliding home prices have made homes more affordable in some areas, though tighter lender requirements and bigger down payments have locked some buyers out of the market. 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 Read More