I found this report from Trulia to be very interesting.  In essence, a rise in asking price of homes by sellers does not necessarily mean that the market is in great shape.  There are many other factors that contribute to a markets overall well being. TRULIA CLASSIFIES HOUSING MARKETS IN SAN FRANCISCO BAY AREA, SEATTLE, DENVER, AND SALT LAKE CITY AS “BOOMING” Rents Gains Cool Down Nationally as More Multi-Unit Buildings Are Completed SAN FRANCISCO, February 5, 2013 – Trulia (NYSE: TRLA) [...]

Have any of you taken the time to read through the 2012 Profile of Home Buyers and Sellers from the NAR? I love reading things like this as its perfect evidence of how the real estate business has progressed over the last 10-15 years. Remember when agents used to post their listing and open houses in the Sunday paper? I do, because I used to do it. I also used to scour the paper to see what was out there. [...]

Here is a recent article from truliablog.com that discusses what Trulia believes to be the healthiest US real estate markets for 2013. Houston and San Francisco are the nation’s healthiest housing markets heading into 2013. They have solid fundamentals, without the extreme price swings of Las Vegas, Phoenix, or Detroit. Along with our take on what’s in and what’s out for housing in 2013, I’ve got my eye on 10 “healthy” housing markets with solid fundamentals. The healthy markets that [...]

I was recently reading about housing trends heading into 2013 and came across a very good, informational article from 12/19/12 realtor.com/blogs. It talks about the year that was in real estate and what lies ahead for 2013. Portland and Houston are among their favorites to rebound in the coming year, and I tend to agree. Enjoy the read… Portland Oregon Poised For 2013 Real Estate Rebound What do Portland and Houston have in common? At first glance, not much. They [...]

I recently read an article published by Dr. Geoffrey Hewings in the January 2013 edition of Illinois Realtor which had some encouraging statistics in what we all hope will be a bounceback year for real estate. Here are some of Dr. Hewings findings… Throughout the country and in Illinois specifically, jobless rates have fallen to 7.9% and 8.8% respectively, which represents about a 1% drop from 2011. Unemployment drives pretty much everything that we do in today’s economy. Pending home [...]

Happy New Year! As we enter 2013, we may or may not be aware of the far reaching impact of the internet in all phases of our lives. Whether it be a job search, love search, a search for a new and healthy recipe, or as it pertains to real estate, the search for our next home. Check out these statistics from the NAR’s 2012 Profile of Home Buyers and Sellers: – Married couples were a driving force in 2012, [...]

September 21, 2012 | Author: Randy Pickard The following article is a reprint of a post by BethAnn Long. We liked it so much that we judged it to be well worthy of being reposted. Published with permission: My business is split about 60/40 between: Category      A: People I know and their referrals (60%) these are warm sources and Category      B: Internet leads and online sources, and what I call cold sources (FSBO,      Open House)(40%) With Category [...]