From where it began is to where it returns. Residential real estate, once known as the bedrock of our communities, the pillar of stabilization is causing wide spread havoc with our financial system and our economy. It was local, went regional, spread national and grew globally. The crisis has come full circle as many real estate agents who once prospered are now forced to leave the business as their incomes have severely diminished. We Want Our Government Cheese "If you thought that the … [Read more...]
A Satirical Look at the Housing Market Collapse
November 22, 2008 By 2 Comments
Nothing proves a point like satire. Sometimes a whimsical approach to an issue makes the facts undeniably clear. The following video chronicles all of the common themes in the last few years and even today, to provide four minutes of entertainment. … [Read more...]
Selling Your Home With Effective, High Impact Language
November 19, 2008 By 6 Comments
Many Pasadena homes for sale are listed by verbally challenged real estate agents. A few lines of copy and maybe a picture. Some agents do a great job, while others could use a refresher course on selling. If you have looked at homes lately you've see all kinds of attempts to sell real estate. Your impression of the property for sale may be influenced to a great extent on how well the agent attempted to describe the house. A Good Salesperson Turns Negatives Into Positives This is a … [Read more...]
Wal Mart’s Real Estate Influence
November 5, 2008 By 4 Comments
The description in the Pasadena multiple listing service stated that the house was "corporate owned". Could it be due to a job transfer and it was now being sold by the relocation company? Or maybe it was a corporate buyout allowing one of its key employees to rid themselves of their last ties to the area, enabling them to relocate and start fresh. .."Are we preparing to enter the Wal Martization of the housing industry as bank owned properties populate the landscape" It was none of those. … [Read more...]
The Lighter Side of Housing Market Madness
July 14, 2008 By Leave a Comment
News crews started lining up on Saturday afternoon outside IndyMac's headquarters in Pasadena, California. By Monday morning there were so many vans and news people ready to provide live feeds that they needed a parking valet. Everyone was hoping to see an angry mob and a good old fashioned run on the bank, not seen since the 1930's. However things were mostly uneventful and low key. Due to the rising appreciation and availability of home equity loans over the last several years, it was … [Read more...]
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