Just couldn’t resist posting this castle for sale by owner… don’t see to many of these and did not have a field for property type: Castle.

Cnn, reported that foreclosures are spiking dramatically with increases nationally of 53% and hot spots like California increasing 160% over last year. The article quotes a RealtyTrac executive saying that a large portion of these maybe due to adjustable rate mortgages reaching their first adjustments. With the build up in inventory and […]

Slowing real estate market causing more people to sell FSBO. According to this report from WKRC.com there has been a 90% growth in FSBO’s. Watch the video People are trying to retain some equity and save the real estate commission, not really surprising. We feel that there will be an even bigger […]

Today, Red Herring is putting up an article regarding alternate real estate models. Funny as the opening starts with “death treats have already started”. Which of the models have the best chance of success in a market like this?

Raincity Guides is one of our favorite blogs has a great post and alot of comments regarding a “Home Buyers Perspective”. There is some good information in the post but as a very pro-consumer service, we are intrigued about where and what home buyers think of agents and the service they provide. What […]

Not really surprising information from Dataquick today which reported that Southern California home sales hit a 9 year low. What was scary was Inman News article on the story which indicated the following… The typical monthly mortgage payment that Southern California buyers committed themselves to paying was $2,437 last month, the same as the […]

At the Inman Real Estate Connect Conference, Zillow annouced a new toy… Zillow Values via Text message. Here are instructions from their blog on how it works: From your mobile device, send a text message to z@labs.zillow.com. In the message field or subject line, enter an address for which you want a […]

After 17 straight rate hikes and two years… the Fed has finally paused on increasing interest rates. Every one with home equity lines of credit and 2/28 adjustable rate mortgages can finally breath a sigh of relief. The relationship between real estate prices and interest rates. Here is an interesting quote from the […]

Are 50-year mortgages a solution to affordability? The popular interest only mortgages and pay option arms loans are slowing losing momentum with home buyers as mortgage rates increase, so mortgage lenders are exploring other types of mortgages to fill in the affordability void. 50 year mortgages are making their debut but do they […]

On April 5, the NY Times real estate blog, The Walk-Through, did an article regarding a company doing new online tatics in the real estate space. The article quoted that 2/3 of homebuyers found their own home without the help of an agent. In reading the comments to the blog post, many agents […]