YourCyberAgent - Dutchess County Realtor

According to an article in MoneyNews.com "a handful of billionaires are quietly dumping their American stocks . . . and fast."  Billionaires don't make that kind of money by making mistakes. So what do they know that most others don't? More importantly what does it mean? Warren Buffet's "Berkshir...

Many... hmmm some... people believe according to the Mayan Calendar December 21st will be the end of the world. Here's my belief, after forecasting 5,125 years into the future, the Mayan in charge of creating the calendar either past away of extreme bordom or very old age. Perhaps he just quit! E...

Being born in the 70's I grew up as part of Generation X. My parents on the other hand are members of the Baby Boom generation. It amazes me how much things have changed between a single generation. My parents bought their first and only home in the 70's. They were in their early 30's. They bough...

Finally, FNMA is getting on board with E-Signatures. Starting this week, FNMA is accepting E-signatures on it's Home Path REO properties. It's been a long time coming, but it appears the momentum is moving towards industry acceptance of this techology. So what will this mean for our Industry if e...

In a recent article in Bloomberg News I was quoted as stating the number of Short Sales in my market is huge but our REO inventory is low (compared to just a few years ago). Bloomberg News wanted to know if investors are competing for fewer REO properties and the decreased supply has helped level...

Statistics provided by Mid-Hudson MLS   SINGLE FAMILY DETACHED Jul '11   Jun '12   Jul '12 Yr Chg               Current Closed Sales 141   135   147 4.3 Y-T-D Closed Sales 761   639   795 4.5 Current Average Selling Price 307,831   294,005   316,732 2.9 Y-T-D Average Selling Price 347,692   298,...

I remember when I got my real estate license. Very few agents in my area had a website and most of the ones that did typically had a billboard type single page site.  But as time went on, more and more agents had their own websites. The lastest buzz at the time was virtual tours. There were typic...

I read the article below, this may explain the excessive drop in REO listings in NY. Perhaps once these settlements are comlete things can finally get back to normal. We need to clear out the backlog of REO properties before this market will stabilize. From HousingWire: More than 40 states to si...

I've been reading some very misleading articles lately about the current condition of the Real Estate market in NY. Many articles are misleading readers. I'd like to acknowledge Brandon Moore, CEO of REaltyTrac for his clear understanding of the statistics and giving an honest and clear picture o...

Owner financing, does anyone even remember what that is anymore? I remember when my parents bought there home back in the 70's, the seller offered to hold the mortgage. My in-laws bought their home the same way. It was a common practice, with mortgage rates over 18% it was the best way for a sell...