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7 Steps To Becoming A Dynamite Real Estate Agent
Most real estate agents want to be extremely successful. Goals are set and then the hard work begins to reach those goals. So what steps can you take to skyrocket your success as a realtor? Here are 7 powerful steps that will get you on the road to...
Buying A Home After Bankruptcy
If you're planning on buying a home after bankruptcy you'll want to read this article carefully.
Buying a home is probably the biggest purchase you will ever make. Having a bankruptcy on your credit report adds an extra challenge.
If you've...
Home Ownership, Financial Freedom, and Benjamin Franklin
On Home Ownership, Financial Freedom, and Benjamin Franklin
by Tom Levine
1. ON BENJAMIN FRANKLIN:
2. ON HOME OWNERSHIP:
3. On Financial Freedom:
4. ON THE...
Real Estate Investing Basics
Real estate investments may not be everyone’s cup of tea, but some people who have already tried investing in real estate know that it can be profitable. Real estate investment experts say there are several keys to making significant profits in...
Real Estate Websites - Head Librarian Or Realtor?
If your real estate website has an IDX link, do you provide the full property address to Web surfers? If so, you may be acting more like a librarian than a realtor! Do you really believe Web surfers, the potential clients, who have had in many cases...
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San Diego Real Estate ? Reading Between The Lines
The Change in one of the nation's hottest real estate markets may be a sign of a Nation wide trend!
Just this summer it was almost impossible to find a new San Diego real estate development that
cooperated with real estate brokers. If you could find a developer co-opting, it was most likely way below the traditional 3% rate.
Well, just a few short months have passed and a current read of the Sunday homes section of the San Diego Union Tribune shows that though the real estate market does not make discernible moves in a day like the stock market, a couple of months can easily define the local real estate trends.
Here are just a few of the incentives noted in the home section of a very recent Sunday?s paper: 4% broker co-op, free plasma screen TV, $1,000 off closing costs, $2,500 in design center upgrades, $10,000 in incentives, one year HOA fees paid, $5,000 in closing costs, $2,000 closing cost credit, washer, dryer & refrigerator included, $25,000 in incentives or cash price reductions, $1,000 gift certificate, and no HOA fees for 2 years!
The grand opening long buyer lines, multiple offers, offers above the asking price and homes selling within days of being listed are just fond memories now. However, due to the huge home appreciation all San Diego real estate has seen, with the average home up 100% in the past 5 years,
combined with the boom in 100% adjustable/interest only loans, the stage is set for what is sure to be mind-numbing depreciation.
Yes, we have started on the down leg of the typical ?Bell Curve? and the probability of surpassing our approximate 20% drop in San Diego home values experienced from 1990 thru 1996, seem assured. Plus, as real estate trends seem to start in the West and than move east, any U.S. real estate market that experienced huge price appreciation the past five years, will experience the same depreciation in real estate residential values.
Copyright 2005 Promotions Unlimited - All rights reserved
About the Author: Bob Schwartz, CRS,GRI, is a Certified Residential Specialist San Diego real estate broker http://www.Brokerforyou.com with over 27 years experience. Bob's other sites are about San Diego downtown condominium real estate activity at: http://www.downtown-san-diego-real-estate.com & A free website award site at http://www.web-site-award-winning.com/
Source: www.isnare.com
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