When you call an agent from an ad or a sign, you have to remember that they are working for the seller “” and definitely not the buyer. You are talking to the listing agent who was hired by the sellers to list and sell their home. His or her job “” and obligation “” […]

Here’s the latest Fast Facts update from the SFAR.  Updates are provided weekly and each week is a different sector of the market (ie. Condos, Single Family Homes, 2-4 unit dwellings, etc.).

Check back next week for more statistics..
Fast Facts

Condominiums

District 1

November 2006

November 2007

Number of Sales

12

15

Median Selling Price

734,500

995,000

Average DOM

60

39

District 2

November 2006

November 2007

Number of Sales

2

4

Median Selling Price

880,000

681,250

Average […]

Market Watch is reporting that the FBI is scrutinizing 14 companies related to the mortgage industry at all levels of the securitization process as part of their investigation in to the mortgage meltdown.
 Agents are looking into allegations of fraud in several stages of the mortgage securitization process, in which home loans are packaged up by […]

I had an egg sandwich this weekend with an oncologist who asked for a meeting so he could roll out a dozen ways to revolutionize the real estate industry. Just as the conversation was drifting toward other topics, including my love for beagles and their role in his medical experiments, he made one final proposal: […]

Seattle real estate agent Sarina McDonald aka “Ravenna Black” stars in this week’s episode of the ABC reality show “Wife Swap”. The show takes two women “” whose families have vastly different values “” and asks them to switch places for two weeks. Each episode documents the drama that results when the husband […]

We’re picking up speed in the Presidential campaign and with the California primaries fast approaching I thought it would be worthwhile to take a look at how some of the candidates stack up when it comes to mortgage reform and their position on the mortgage mess.
We’ll look at all of the front-runners: Clinton, Obama, Edwards, […]

ByTheOwner.com is pleased to announce that we are a proud supporter of the Ambassador London Program. It is a grassroots campaign that assists to shape the image of London as a place of global importance and influence where all can flourish - economically, socially and culturally.
To help educate potential home buyers […]

Countrywide reported that it lost $422 million last quarter while watching loan production sink nearly a third from $90 billion to $61 billion.  This comes on the heals of an expected B of A takeover; the plans of which are to be unveiled today by Bank of America.  Many believe that a poor performance by […]

More than half a million homes sold via MLS® in 2007
National MLS® resale housing activity, new listings, average price and dollar volume all reached their highest annual levels ever in 2007, according to statistics released by The Canadian Real Estate Association (CREA).
Annual sales activity totaled 520,747 units in 2007, up 7.6 per cent from 2006 […]

Which is better? The answer is clearly PRE foreclosure. Preforeclosures are properties that are acquired from a delinquent, distressed or defaulted seller prior to the foreclosure sale. At this stage, you can often negotiate with a homeowner who has run into financial difficulty and very often get a great deal while helping someone out. […]