This has been "Short Sale" week for some of my favorite pundits. On Friday Tara-Nicholle Nelson wrote in Inman News about The Hidden Costs in Short Sales. Ms. Nelson brings up a good answer to the question of why many short sales aren't approved. "What we've all been missing is the impact of priv
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02/28/2010
75%-80% of the sales in West Chicago, IL are now are bank-owned properties, short sales, or otherwise highly motivated sellers. All numbers below represent single family homes. Of the 18 Closed sales in the past 30 days (as of 02/26/2010) 12 were bank-owned or short sales 2 were estate sales 1 wa
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02/26/2010
This extensive list of ways to improve the "showability" and "sellability" of your home is definitely worth looking at. Any seller who does most of these improvements will have a leg up on the competition. Reblogged with permission from author Tai A. DeSa. 50 Inexpensive Tips to Dramatically Incr
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02/25/2010
This morning Bernice Ross has a great article in Inman News on how to Get the most from your real estate Web site. Her #1 recommendation is to use video. She says "After Google, YouTube is the second largest search engine in the world. According to Fox, in September 2009 40 % of the 26 billion We
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02/24/2010
Home ownership is a unique convergence of economic self-interest and personal desire. Our current "housing crisis" is partially based on the home buyers -- and their Realtors -- who disguised unmitigated desire with a veil of long-term economic interest. Buyers made decisions based on opinions fr
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02/24/2010
Maybe the Rich Really Aren't Different From You and Me According to February 19 article in the Los Angeles Times, the late Leona Helmsley's estate known as Dunellen Hall has just posted a significant price drop of 52%, from $125 million to $60 million. Nicolas Cage's 11,817-square-foot English Tu
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02/22/2010
In July, 2009 Money Magazine named Batavia as one the top 100 small towns in America. Homes sales are picking up in 2010. The number of homes under contract points to improving closed rates in March and April. Homes at the lower price points continue to outsell more expensive homes, probably a r
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02/19/2010