John Davison's (jdavison1) Blog

A recent Zillow study of one million homes currently on the market for sale, shows that, on average, homes purchased before 2002 were overpriced by an average of 11.6%, homes purchased between 2002 and 2006 were overpriced by an average of 9.3% and home purchased since 2007 were overpriced by an ...

It's a question we ask ourselves every day.  Maybe this is one of the answers.  It certainly makes sense.  Since I'm building my business with a long range frame of mind, I am thinking it would make sense to break Gen Y into four categories: (1) the 15-18 year old high school group, (2) the 19-22...

It's moments like this that we have to embrace.  I just came from a closing that went off about as smoothly as any one I've ever experienced.  It was satisfying to sit back and hear the listing agent thank me for making the negotiation process so fair and easy and the lender express their appreci...

There are two primary factors that potential buyers generally concern themselves with when contemplating a home purchase, creditworthiness and downpayment.  If credit issues are hampering a buyers ability to purchase, with the assistance of an educated and aggressive Realtor, buyers can utilize t...

I had the pleasure of meeting a very nice woman and her two children this weekend and the opportunity to show them several houses to rent.  They were passed on to me by another agent in my office and I wanted to help these people. When we met at my office, the first thing I did was qualify them a...

According to a recent Forbes magazine article, the following is a list of the best cities for young professionals.  The criteria for determining this list was a blending of several factors: (1) local unemployment rates, (2) 2010 to 2012 job growth projections provided by Moody's Economy.com; (3) ...

Recent RealtyTrac news reports that 1 million foreclosures will be delayed until 2012 due to the massive backlog currently being experienced throughout the country.  It is being reported that this will result in a delayed market recovery of an additional year, and thet "normal levels" of foreclos...

A recent article suggests that the primary reason for listing ahome with a Realtor is the fact that the Realtor is going to put the property in the MLS.  I vehemently disagree. I have never gone into a listing appointment with the feeling that the ace up my sleeve in proving my value was in the f...

I just read an article about an analysis of the real estate market for the first half of 2011 made by Clear Capital.  A couple of thoughts came to mind.  I am always cautious to qualify these studies by evaluating their criteria.  There isn't much detail in this article and the author simply stat...

OK, so I gave up on trying to write daily installments into my diary.  Instead, I am writing random passages which will summarize my activities since my last installment. So, since June 25 I have sent out 10 hand written notes, made 8 phone calls to people in my database, conducted 10 one-on-one ...