Posts Tagged ‘echo park realtor’

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Motivational Video Creative Approach to Business

February 15, 2011
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Buyers Have the Edge!

December 22, 2010

According to Lawrence Yun, chief economist from the National Association of REALTORS, “Home buyers over the past year got a great deal, and buyers for the balance of this year have an edge over sellers. Affordability has reached a generational high in the second of this yer because of rock bottom mortgage interest rates, helped partly by the Fed’s very ccommodative monetary policy.”For more reasons why now is a prime time to buy a home, contact me and I’ll send you a free ebook.

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7 Reasons why now is a great time to buy a home!

December 15, 2010

It’s prime time to buy a home!

I just read a great ebook called “7reasons Why Now is a Great Time to Buy a Home!”It’s filled with positive, exciting information to help buyers seize the incredible market opportunities available to them right now. Over the next seven weeks, I’ll be sharing key excerpts from this ebook with you in my blog. For a free copy of the ebook, contact me and I will send it your way. 323.804.2008


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REALTOR� Magazine-Daily News-Tax Credits Have Been Pricey and Effective

April 29, 2010

Daily Real Estate News | April 28, 2010 |
As the home buyer tax credits near their end, analysts are concluding that the program was both expensive and successful.

The Treasury Department estimates that the credits helped 1.8 million people buy homes, but critics reply that two-thirds of the $12.6 billion in credits spent through the end of February went to people who would have purchased a home anyway.

Sen. Johnny Isakson, a Republican from Georgia, who worked as a real estate practitioner for 30 years and pushed through the 2010 extension and expansion of the program, says: “It’s true that a lot of people who got the credit might have bought without it, but they might have bought in 2012 or 2013. This got them to buy in 2009 and 2010, when we needed to shore things up.”

Economist Mark Zandi at Moody’s Economy.com agrees. “The tax credit helped to stanch the price declines, which had substantial benefit for the entire economy,” he says. “The home is still the largest asset on most people’s balance sheet, so when prices are falling, nothing works for most families. But now people can take a deep breath and think clearly again.”

Source: The New York Times, David Kocieniewski (04/26/2010).

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Pet Friendly Realty Network is barking up the right tree

March 17, 2010

http://www.walletpop.com/blog/2010/03/17/pet-friendly-pet-realty-network-is-barking-up-the-right-tree/

Pet-friendly Pet Realty Network is barking up the right tree

Ann Brenoff RSS Feed Mar 17th 2010 at 10:00AM

Are you trying to find a landlord who will not only welcome Fido with open paws, but understand the pooch’s need to use the backyard as a potty? Are you someone whose home-buying priority isn’t good schools but rather proximity to a dog park or 24-hour vet clinic? If you had your druthers, would you forgo a home with built-in bookshelves in favor of one with a built-in cat platform-climbing tree? Moving, whether it be down the street or from coast-to-coast, is stressful. So call it a clever marketing tool or the answer to a pet-owner’s prayers, but the Pet Realty Network is here to help. The brainchild of British-born Rhona Sutter, the Pet Realty Network charges real estate agents $30 a year to showcase an unlimited number of pet-friendly properties. They can also upload their bios and photos. The fee for developers is $50 a year. The site, free to visitors, provides a wealth of pet moving tips. Sutter is also a Realtor.

Karen Numme, an agent with Keller-Williams in the trendy Los Feliz neighborhood of Los Angeles, joined the network earlier this year. Numme is a doggie stage mom whose five-pound Yorkshire Terrier named Shumi just completed a national campaign for Target. Numme, who shares space on her business card with Shumi, says the Pet Realty Network has been a tremendous resource for her thus far. “I’m a pet person and know quite a bit, but they have information on the site that has helped me to help my clients. It’s great!,” she said. There are links to local pet sitters, pet boarding facilities, dog walkers, and other pet-friendly businesses. Sutter, who started the site almost three years ago, said it has more than 200 members now. Based in Naples, Florida, she said she plans on launching a sister site in the next few weeks that focuses exclusively on pet-friendly rental units. She also runs pethealthalert.com, created after a series of hurricanes underscored the need for emergency pet information. The Pet Realty Network also runs an online store with pet gifts suitable as closing presents from agents to home buyers — things like a “this belongs to me” blanket personalized with a pet’s name, that sells for about $30 or a Mutt Pack Traveler, a see-through traveling case that retails for about $40. Other items include leash holders and T-shirts with horse, dog and cat themes. So, clever marketing or a real service? Probably a little of both, but I’d give the lady high marks for an easy-to-use and cleverly written web site, dedicated to Kash, the Golden Retriever who is listed as the former Director of Barketing. Estimates are that more than 10 million families moved with pets last year, Sutter said, and focusing on buyers with pets just helps agents distinguish themselves from the rest of the pack, so to speak. I’ll raise a paw to that one.

Source Tags: cats, dogs, pet realty, pet-friendly homes, Pet-friendlyHomes, PetRealty, pets, real estate

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The Real Estate Market in LA is turning around

September 4, 2009

L.A. Land

The rapidly changing landscape of the real estate market in Los Angeles and beyond

Pending U.S. home sales hit two-year high in July

September 1, 2009 | 12:08 pm

Home sales nationwide rose this summer to 2007 levels, according to one measurement. From the Associated Press at latimes.com:

Pending U.S. home sales rose more than expected in July to the highest level in more than two years as first-time buyers rushed to take advantage of a tax credit that expires this fall.

The National Assn. of Realtors said today its seasonally adjusted index of sales contracts signed in July for previously occupied homes rose 3.2% to 97.6. It was the sixth straight increase and 12% above the same month last year.

Thomson Reuters economists had expected the index to reach only 96.5.

Home sales The Realtors group hasn’t seen a six-month rise in its Pending Home Sales index since it started it in 2001, according to a news release at its website.

“The worst is over,” said NAR economist Lawrence Yun. “This is not a one-month fluke.”

He predicted foreclosures will continue to rise but added that there are now active buyers who are “staying within their budgets.” Within two to three years he expects foreclosures to return to their historic levels.

The release quotes NAR President Charles McMillan on the need to keep the momentum going. The group has been lobbying Congress to extend the tax credit into 2010.

But, as some L.A. Land commenters have often expressed on this blog, one has to wonder if the tax credit — an artificial propping up of the market akin to the “cash for clunkers” program — isn’t just dragging out a return to some semblance of normalcy.

–Lauren Beale

Thoughts? Comments?

Credit: Associated Press

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Home Prices Rising

July 15, 2009

Nationwide, detached, single-family home prices gained 1.6 percent in May, according to Integrated Asset Services, a specialist in default management and residential collateral valuations.

The increase is the largest since July 2005, IAS reported. The index had previously declined more than 19 percent from its peak in June 2007.

Compared to April, the Northeast was up 3.2 percent, the Midwest 1.9 percent, the South 1.1 percent, and the West 0.9 percent.

In all areas but the South, prices also rose in April.

“Two month’s worth of positive data hardly signals a turn in the national housing market,” says Dave McCarthy, President and CEO of Integrated Asset Services. “But we have to be encouraged by what we’re seeing in several important counties and neighborhoods.”