Thursday, September 28, 2006
My God... can you believe it... there is good news... and someone reported it?
The Conference Board Consumer Confidence Index, which decreased sharply in August, posted a gain in September. The Index now stands at 104.5 (1985=100), up from 100.2 in August. The Present Situation Index increased to 127.7 from 123.9. The Expectations Index rose to 89.0 from 84.4 last month.
The Consumer Confidence Survey is based on a representative sample of 5,000 U.S. households. The monthly survey is conducted for The Conference Board by TNS. TNS is the world's largest custom research company. The cutoff date for September's preliminary results was September 19th.
Wednesday, September 27, 2006
Well I challenged all to show me some good news in the media... with respect to real estate... and here's a pretty good one... New home sales are up... Combined with a flurry of showings on our listings... is that a rainbow I see? :-)
Tuesday, September 26, 2006
Here's the Article...
Sales slow, prices hit by second biggest year-over-year drop on record; surge of homes for sale seen keeping prices weak.
By Chris Isidore, CNNMoney.com senior writer
September 25 2006: 1:41 PM EDT
NEW YORK (CNNMoney.com) -- Home sales slowed and a key measure of prices fell for the first time in 11 years last month, spurred by the biggest glut of new homes on the market in more than a decade, an industry group said Monday.
The National Association of Realtors report on existing home sales showed that the median home price in August was $225,000, down 1.7 percent from a year earlier.
Read the entire article
Care to see what really happened in San Diego in August... Here's an excellent unbiased analysis of the San Diego Market as of September 1, 2006...
Tuesday, September 19, 2006
Monday, September 18, 2006
Adding 5 hours of exposure to every sign is a 40% increase in eye contact! WOW ! What engineer client wouldn't love that logic... and it's true.
So we purchased a Listing Light for all of our listings... and installed them. This is a great idea... and it is another evidence of work... the most rare four letter word in our industry. If you know a friend selling their home... or if you are selling your home... and your agent is too cheap :-) Follow the links... I think it's worth the money!
Friday, September 15, 2006
Have you ever seen a movie ... or television show that portrays realtors in a good light? If you have let me know. Please don't suggest the new "Million Dollar Listing" as that's a mixed bag of the understanding of Agency. Harrison Ford was a great cop in "LA Homicide"... but a totally unethical realtor. So every semester I challenge my students with this question... if there's someone out there that knows ... please let me know :-) Paul