I get asked this question more and more by my clients as the market is rebounding and prices are rising. Tough question, no easy answer. So exactly what is “Market Value?” The academic answer for… Read More
I have said in the past that I wish I were Diana Olick from CNBC. She made herself a nice little career reporting on housing’s demise. So it should be very interesting watching how she… Read More
I have been selling real estate for 22 years. When I was younger I worked for a family owned developer selling tract homes. It was a coveted job and one that required the highest ethical… Read More
For those waiting for someone to say the worst is over, let me be the first to say it: “The worst is over!”. Bold statement? Perhaps. Inaccurate? Not so much. For those of you who… Read More
“A SPATE OF POSITIVE DATA NEWS PUTS REAL ESTATE BLOGGERS ON SUICIDE WATCH”… That should be the headline you read today. The pending homes sales data came out today and it was positive. I can… Read More
Ok, so maybe I’d like to have Diana Olick’s job at CNBC and maybe I wouldn’t. Diana, for those who don’t know, is the real estate reporter for financial news channel CNBC. Diana’s role at… Read More
I love numbers and I love the folks who interpret numbers (note to self: that includes you so add tone of sarcasm)… Homes sales rise 5.6% from a month earlier! Great news, yet the pundits… Read More
CNBC reporter Diana Olick blogged today that a poll came out reporting a general consensus amongst housing experts that the market would remain struggling through 2011. Wow, now there’s a news flash. The predictions are… Read More
Well there’s no way to sugar coat the data that came out yesterday on the Southern California housing numbers; they stunk. Sales activity was very low for this time of year and prices were essentially… Read More
The number I like to watch most closely is the Pending Home sales as reported by the National Association of Realtors (NAR). This number reflects the homes that have entered contract, rather than those that… Read More
