Archive for October, 2010

DeedStreet RE NewsRoll 10/11/10

Posted on October 11th, 2010 in Deedstreet News | No Comments »

COLUMBUS, OH
Columbus Ohio 43235 home prices are UP!
The September 2010 average home sale prices anyway. The average sales price for this part of northwest Columbus is up from a year ago. The September 2010 average single family home sale price is up 3.2% from September 2010 for the Columbus Ohio 43235 zio code in northwest Franklin County. Good news for Columbus home sellers? Sale prices of homes are down from last month though… in the Columbus Ohio 43235 zip code. That will happen month to month… the graph shows average active…Rest of Story…

SAN ANTONIO, TX
Scott Cummins of Cornerstone Mortgage
A GOOD LENDER IS EASY TO FIND……but finding a great lender isn’t always as easy. During a recent transaction, I had the pleasure of working with Scott Cummins of Cornerstone Mortgage (I had worked with him before), a local San Antonio lender who is not just great, he’s excellent. Throughout the transaction, Scott and his mortgage processor, Michelle Bennight, kept both me and my clients informed, which may seem like something a lender is supposed to do, but you’d be surprised how often as an agent I…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Is the Halting of Foreclosures Good for the Real Estate Market?
It is a fair bet that most if not all of the other service providers will quickly follow in the footsteps of Bank of America in halting their foreclosure proceedings in all 50 States for the foreseeable future. With admitted failures at the executive level from BofA brass in court testimonial recently uncovered, it’s almost a certainty that this practice of “Rubber Stamping” foreclosure documents was being perpetrated amongst all the banks and servicing companies in a blind attempt to streamline an overloaded system…Rest of Story…

US – FORECLOSURES
What a Mess! Bank of America Suspends Foreclosures Nationwide
Just in time for the Holiday Season! ABC News and numerous other outlets are reporting that Bank of America has suspended foreclosures nationwide. If you haven’t been following the news about the housing market and the foreclosure mess recently, here is a quick recap. Over the last two weeks, Ally Financial (formerly GMAC), JP Morgan Chase, and Bank of America have suspended foreclosure proceedings in 23 states that have a judicial foreclosure process. (You can read more about those actions…Rest of Story…

US – PRIVATE ISLAND HOMES
Private islands for the rest of us
Something about the notion of having your own private island just makes the mind sort of relax and say, “Aaaah,” doesn’t it? It’s as if you had just plopped into an Adirondack chair on a dock by the water with a cool drink in hand. “No other type of real estate can equal the romance of having one’s own little kingdom,” says Chris Krolow, chief executive of Private Islands Inc., a company that markets islands worldwide.Believe it or not, you don’t have to be Bill Gates to own a private island. In many cases, you just…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 10/8/10

Posted on October 8th, 2010 in Deedstreet News | No Comments »

SAN ANTONIO, TX
New website at 19311TerraBrook.com
Interested in learning more about 19311 Terra Brook, a 0.68 acre lot for sale in TerraMont? Look no further than 19311TerraBrook.com. This site, exclusively designed for 19311 Terra Brook in order to give buyers a better look at this lot, has it all; maps (including a full TerraMont plat map), local area information, school information, San Antonio 78255 real estate market reports, photos, video, and details galore. If you’ve been looking for anything pertaining to this TerraMont lot…Rest of Story…

SEATTLE, WA
My Seattle blogs: Business Plan or Busyness Plan?
November is almost here and you all know what that means…Yep, time to start working on your 2011 Business Plan. First order of business is to avoid busyness! Let’s see if we can eliminate some of the ‘Why’ in your Busyness Plan and put more ‘I’ in your Business Plan? Let’s take a look. What has the past year looked like in producing new leads and new customers? Have you spent any extra time working on or designing new brochures, mailers or any type of drip campaign? WHY? Have you spent less time out…Rest of Story…

US – INSURANCE
Roger Edwards: Personal insurance covers more than doom and gloom
CAR owners have to have car insurance, home owners are advised to have buildings and contents insurance, and owners of shiny new iPhones might be tempted to insure their addictive gadget. But for most people, personal insurance, like life assurance, is a terribly dull subject and something that they do not want to even think about, let alone buy. It deals with subjects such as death, disability and disease. These are things people want to push to the back of their mind as they try to juggle a job with running…Rest of Story…

US – RENTERS
More renters are going solo again
Mom and dad’s house wasn’t as popular a place to crash this summer, as renters swarmed back into the market in droves rarely seen before. (Bing: Some families prefer to stay together in multigenerational homes.) The Wall Street Journal writes that the vacancy rate in the third quarter fell to 7.2%, from 7.9% a year ago, one of the steepest declines on record, according to Reis Inc…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 10/7/10

Posted on October 7th, 2010 in Deedstreet News | No Comments »

COLUMBUS, OH
Lewis Center, Ohio homes for sale under $300,000
The map is single family homes for sale in Lewis Center Ohio 43035. Or what Google Base and Rainbird know as Lewis Center, Ohio homes for sale under $300,000 anyway. The search is for single family homes in the 43035 ZIP code. Lewis Center is an unincorporated community in Delaware County. Or most of the area is unincorporated in Orange Township, a small percentage of the homes and neighborhoods with a Lewis Center mailing address are in the City of Columbus. Lewis Center neighborhoods…Rest of Story…

EAST VALLEY, AZ
Short sale BPO issues in the East Valley
East Valley Team member Dean Ouellette talks about how in a declining market BPO issues get worse with short sales.
Over the last month or two the the market has seemed to dry up a lot and that is causing prices to go down again. That is short sales” href=”http://eastvalleyteam.com/short-sale-battle-coming-with-banks-and-bpo-pricing”>causing issues when banks get BPO’s and take two months to counter a deal. By the time you get the counter offer there are now a handful of properties…Rest of Story…

LAKE GENEVA, WI
LAKE GENEVA MORTGAGE – FANNIE MAE ROLLS OUT NEW LENDING RULES DECEMBER 13, 2010
Starting Monday, December 13, 2010, Fannie Mae is changing its mortgage lending guidelines. For some mortgage applicants of Lake Geneva real estate, the loan approval process will simplify. For others, it will toughen. How you’ll be affected personally will depend on your credit profile and your loan characteristics. Among the biggest changes from Fannie Mae is a new set of guidelines for gift funds. When the new rules roll out, accepting cash gifts for downpayment will be easier…Rest of Story…

SAN ANTONIO, TX
Want to go to BlogWorld 2010 in Las Vegas? Here’s your chance.
Once again, I will be joining both the real estate industry and the blogging ranks at Blog World and New Media Expo and part of my fantastic trip? An opportunity to meet some of you. Izea has provided me with eight (8) Exhibitor Passes to do with what I please. Although I considered running some fancy contest, I decided on the more simple route; give them away for FREE! Want to get your hands on one of these passes that will allow you access to Friday and Saturday’s Exhibition Hall as well as Saturday’s…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Real Estate Agents…I Challenge You To Market Yourself Using a Social Media Platform…Daily!
Many of us have heard variations on how long it takes to form a habit…something that becomes natural or even instinctual after being done repeatedly for a period of time. I’ve often heard that doing something everyday for 21 days can be enough to be the basis to form these habits. So, I lay down this gauntlet to anyone in the real estate industry who is willing to accept this challenge. In concert with whatever else you are doing to promote and market your wares, I want you to blog daily…Rest of Story…

US – BLOGGING
How Blogging Turns Social Marketing into a Money-Making Machine: Creating the Content
Last month, in our first column dedicated to blogging, we discussed the important role blogging plays towards your goal of becoming a thought leader and building your real estate social network. Critical towards this goal is first determining who you want to follow you so that you can make sure you are providing them with targeted, relevant content. As we discussed, you must become a niche market expert for consumers and present yourself as a specialist in the areas that matter to them in order to…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 10/6/10

Posted on October 6th, 2010 in Deedstreet News | No Comments »

COLUMBUS, OH
Lewis Center, Ohio homes for sale under $200,000
The map is single family homes for sale in Lewis Center Ohio 43035. Or what Google Base and Rainbird know as Lewis Center, Ohio 43035 homes for sale, anyway. The search is for single family homes in the 43035 ZIP code. Lewis Center is an unincorporated community in Delaware County. Or most of the area is unicorporated in Orange Township, some is in the City of Columbus. Lewis Center homes are in the Olentangy Local School…Rest of Story…

EAST VALLEY, AZ
I hate appraisals, an 8-ball may be better for determining value
East Valley Team member Kristin LaVanway talks about some of the challenges we face with appraisals in the East Valley. As if it isn’t tough enough to get these sales transactions to go through, once you get into escrow you have to cross your fingers and hope the appraisal doesn’t tank the deal…like it did this one…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Getting Your Craigslist Real Estate Ad Noticed
Here is a dynamite post from Craig Smith of TechSavvyAgent on how to optimize Craigslist to creat great traffic to your web or Blog site…Enjoy! Craigslist is the 9th most visited website in the US with millions of visitors a month. It’s still FREE to post a real estate ad, but it requires significant effort to create and keep your ads up on the top of the list. As a Tech Savvy Agent you probably already have a decent website or blog. You may…Rest of Story…

US – CONFIDENCE
Real Estate Confidence & Seller Psychology
Was just reading Jonathan Miller’s post on Matrix about Point2′s Real Estate Confidence Index. Check out how psychology affects the active market in real time: Left axis, black line: Measures the percentage of active sellers that have taken at least one price reduction in the last 90 days. A 10% rise since the Spring – that’s a huge movement in such a short period. Right axis, orange line: Measures “by how much” these sellers are reducing their…Rest of Story…

US – SUBPRIME
AIG’s Lewis Retires After Saying `We Were Wrong’ About Subprime
American International Group Inc. Chief Risk Officer Robert Lewis is resigning after saying this year that the insurer underestimated the risk of derivative contracts tied to subprime mortgages. “We were wrong about how bad things could get,” Lewis told the Financial Crisis Inquiry Commission in June. “What ended up happening was so extreme that it was beyond anything we had planned for…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 10/5/10

Posted on October 5th, 2010 in Deedstreet News | No Comments »

LAKE GENEVA, WI
PENDING HOME SALES DATA POINTS TO HIGHER LAKE GENEVA HOME PRICES THIS FALL
Consistent with calls of a housing rebound, the Pending Home Sales Index rose again in August. It marks the second straight month of improvement after May’s post-tax credit drop-off. A “pending home” is an existing home under contract to sell, but not yet closed. According to the National Association of REALTORS®, 4 out of 5 pending homes close within 60 days, and many more close within 90 days. For this reason, the Pending Home…Rest of Story…

SAN ANTONIO, TX
Texas Attorney General Asks Lenders To Halt Foreclosures
Texas Attorney General, Greg Abbot, sent a letter to twenty seven mortgage companies in Texas on Monday, demanding they halt foreclosure action in the state. Joining with other states who recently have launched their own moratoriums and investigations, the Texas Attorney General is asking lenders to hold off on foreclosure action until October 15, 2010, while the state and mortgage companies work to identify so-called “robo…Rest of Story…

SEATTLE, WA
My Seattle Blogs: You Want People to Go To Your Site…Go Get Them!
After a great conversation yesterday with a top agent in the Seattle Real Estate Market about his MU WordPress site and all the bells and whistles that came with it including a dizzying amount of listings, tons of categories, a minutia of links and all the trappings of a real estate website, the one question I asked him was, “How’s your traffic?” I will let you guess what his answer was. Needless to say, he could not account for a single lead or even give…Rest of Story…

TEMPE, AZ
Discount commission not always a bargain
East Valley Team member Dean Ouellette talks about how a discount commission is not always a bargain.
We recently had a seller choose another agent to list their house with because they offered a discount commission. A month later they approached us again saying they were going to fire the other agent and pay our commission. Remember, sometimes you get what you paid for and discount commissions may not always be the best…Rest of Story…

US – HOME SALES
Pending Home Sales Increase for Second Consecutive Month
The Pending Home Sales Index, a forward-looking indicator, rose 4.3% to 82.3 based on contracts signed in August 2010 from a downwardly revised 78.9 in July, but is 20.1% below August 2009 when it was 103.0. The data reflects contracts and not closings, which normally occur with a lag time of one or two months. Lawrence Yun, NAR chief economist, said the latest data is consistent with a gradual improvement in home sales in…Rest of Story…

WORTHINGTON, OH
Worthington condominiums for sale
Worthington, a Columbus suburb is in northern Franklin County. The city of Worthington is inside 270. The Worthington City School District is larger and goes up to the Franklin county line. There are a number of condominium communities north of 270 in the Sancus area that are very affordable. Just slide the map to the north and east north of 270 and it will show you condos for sale in those condominium communities…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 10/4/10

Posted on October 4th, 2010 in Deedstreet News | No Comments »

COLUMBUS, OH
Refinishing Hardwood floors. When is it time?
Timing is really, really important when it comes to refinishing hardwood floors. Debbie the flooring expert is talking New York and Connecticut floors but this should apply to floors in Central Ohio as well. I showed a Worthington home built in 1958 over the weekend with pristine floors, great care over the years or great refinishing? Or both…Rest of Story…

SAN ANTONIO, TX
America’s Smartest Cities
Ever wonder what happened to your high school valedictorian? He or she might just have wound up in Washington, D.C. That metro area has the nation’s highest percentage of residents with college degrees. Call it America’s brainiest place to live. In the District and surrounding suburbs, 47.3% of people 25 years or older have bachelor’s, master’s, professional school or doctorate degrees, according to new Census Bureau data released…Rest of Story…

SEATTLE, WA
Seattle FHA lender Dan Keller on FHA loan changes
Dan Keller talks about the changes in the FHA loan program. Seattle FHA lender and Dean Ouellette talk FHA loans, recent changes in the program and rumors about what may be next. Dan Keller and I discuss the changes to the FHA guidelines as of October 4th 2010. Your upfront cost for mortgage insurance on a FHA loan is going to be lowered, but that will be made up for in your monthly payment. There are also rumors about FHA…Rest of Story…

US – EXPERIENCE
The Curse of Experience | Think Like a Rookie
know I’m getting older when I step on a regional jet and the pilot looks like he just graduated from high school. Truth is, I want a pilot with experience not someone who learned to fly on the Sony Playstation. : ) Yet, while I desire a pilot with experience it occurred to me that experience is not always a good thing. In fact sometimes experience can be a curse. Such as when your experience in business causes you to focus on the…Rest of Story…

US – HOME PRICES
U.S. Home Prices Up 0.6 Percent in July 2010
Data through July 2010, released by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, one of the leading measures of U.S. home prices, show that the annual growth rates in 16 of the 20 MSAs and the 10- and 20-City Composites slowed in July compared to June 2010. The 10-City Composite is up 4.1% and the 20-City Composite is up 3.2% from where they were in July 2009. For June they were reported as +5.0%…Rest of Story…

US – NETWORKING
My Seattle Blogs: Are You Networking On Your Social Network?
I recently came across a number of articles that talked about whether or not you are taking advantage of some of the true networking aspects of Social Media. The question is not, “How many friends or followers do you have?” Rather, “How many friends and followers do you hear?” Taking advantage of the networking side of social media means putting into play not just the tools of the trade but the finished product…your ability to…Rest of Story…

WISCONSIN
AMERICA’S & WISCONSIN’S MOST EXPENSIVE ZIP CODES (2010 EDITION)
The value of a home is based on the basic economic principle of Supply and Demand. When the number of buyers exceeds the number of sellers, home prices rise. Conversely, when sellers outnumber buyers, home prices fall.
There’s always a opening price point for negotiation and that figure often factors in specifics like square footage, number of rooms, and finishes and amenities. Location matters, too. On a ZIP code-by-ZIP code basis…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 10/1/10

Posted on October 1st, 2010 in Deedstreet News | No Comments »

COLUMBUS, OH
Homes for sale in the Polaris area – Columbus Ohio 43240
The map shows single family homes for sale in the Polaris area, Columbus Ohio 43240. The map is showing some homes in Westerville Ohio 43081 and Westerville Ohio 43082 as well. The search screen below is a search of the homes for sale in the Polaris area of Columbus Ohio in Southern Delaware County. You can see all the homes for sale right now in Columbus Ohio 43240. If you want to search other areas just change the search…Rest of Story…

LAKE GENEVA, WI
AMERICA’S & WISCONSIN’S MOST EXPENSIVE ZIP CODES (2010 EDITION)
The value of a home is based on the basic economic principle of Supply and Demand. When the number of buyers exceeds the number of sellers, home prices rise. Conversely, when sellers outnumber buyers, home prices fall.
There’s always a opening price point for negotiation and that figure often factors in specifics like square footage, number of rooms, and finishes and amenities. Location matters, too. On a ZIP code-by-ZIP code…Rest of Story…

LAS VEGAS, NV
Las Vegas: Inventory up, pushing prices down
Las Vegas prices took a breather starting in the second half of last year as inventory consistently fell. Different story now as 2010 progresses – inventory started picking up earlier this year, which is pushing prices down now. Funny how that whole supply and demand thing works…See Graph…

SAN ANTONIO, TX
A Dozen Essentials for a Smooooooth Home Inspection
I like my inspections like I like my peanut butter. If you don’t know Charles, you’re not reading enough blogs. I’ve been following his blog almost as long as I’ve been on ActiveRain and although I don’t always have a moment to comment, I do read it almost daily. No matter where you hail from and what odd things your homes may or may not have based on regional differences in building standards, Charles’ blog is always full of tips…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Forecasters Are Predicting A Cold Winter For Seattle…And Not Just For Real Estate!
It appears we in the Pacific Northwest are in for an active Winter with predictions of a wet and cold La Nina style Winter bringing with it the possibility of flooding and yep…snow! It’s being reported that this season will be the worst since 1955 (Whatever that means) and that certainly cannot bode well for buying and selling real estate REMEMBER DECEMBER OF 2008? The snows of 2008 literally crippled Seattle and brought everything…Rest of Story…

US – NEW AGENTS
New real estate agents and getting started with Matt Stigliano
Matt Stigliano and Dean Ouellette talk about being a new agent, how to generate leads and different strategies for creating an online presence. Matt Stigliano, known to most as RERockStar, joins Dean Ouellette to talk about how he got started in real estate. Matt shares with you what he implemented in his business to create leads. Matt had not lived in San Antonio Texas long before he became an agent so he was literally starting from scratch…Watch Video…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.