HARRIS REAL ESTATE UNIVERSITY Students (and future students..) there is absolutely no question that we are experiencing a sales surge and the spring 2012 housing market will be the best in at least 6 years. No doubt, this is a reason to celebrate. But, lets not forget the headwinds facing our industry: 1) 4,000,000 owners have already lost their homes. 2) 6,000,000 owners are currently in default. 3) 11,000,000 owners are underwater. 4) 34% of all home sales are ‘distressed’ (short sales and REOs) 5) Homes for less than $250,000 are selling quickly..why? All cash investors and first time home [...] Click Here To View More
2012, Year Of Real Estate Recovery? | Existing Home Sales SURGE!
Sales of previously owned homes surged in January to the fastest pace since May 2010 in another sign that the housing market is slowly making some headway against its longest dip since the Great Depression. The National Association of Realtors, a industry trade group, reported Wednesday that existing-home sales — the lion’s share of the housing market — rose 4.3 percent in January. The equates to a seasonally adjusted annual rate of 4.57 million homes, which is still well below the 6 million pace that economists say is needed for a healthy housing market. Last month, there were 2.31 million unsold homes [...] Click Here To View More
Breaking News: National Association of Realtors, Existing Home Sales SURGE!
Washington, DC, February 22, 2012 Existing-home sales rose in January, marking three gains in the past four months, while inventories continued to improve, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 4.3 percent to a seasonally adjusted annual rate of 4.57 million in January from a downwardly revised 4.38 million-unit pace in December and are 0.7 percent above a spike to 4.54 million in January 2011. Lawrence Yun, NAR chief economist, said strong gains in contract activity in recent months show buyers are responding to very favorable [...] Click Here To View More
How to Break Up With Your Real Estate Agent
Is it OK to break up with your real estate agent? And if so, how can you gracefully end it? Click Here To View More
Patricia Arquette Sells Vine-Covered Home For Loss
Patricia Arquette's home recently sold for $2.775 million — 20 percent less than the original asking price. Click Here To View More
Zillow Forecasts 4.0% Yearly Decline in Case-Shiller Index
Next Tuesday, the December 10- and 20-City Composite Case Shiller Home Price Indices will be released. Zillow is predicting the non-seasonally adjusted 20-City Composite Home Price [...] Click Here To View More
Home of the Week: Mary Kay’s Pink Mansion
The former home of the founder of Mary Kay Cosmetics is exactly the color you would expect. Click Here To View More
NAR Notice: Do You Recruit? Be Aware of FTC Rule
A rule taking effect March 1 could hit you if you recruit salespeople to join your brokerage. The key is what you offer your recruits as part of your offer. The Federal Trade Commission’s “Business Opportunity Rule” is about making sure that companies that offer a business opportunity in exchange for a fee are offering [...] Click Here To View More
2012 Real Estate Recovery…Positive Housing Signs! (Video)
Optimism and hope returning to the housing market right in time for the spring market. HARRIS REAL ESTATE UNIVERSITY has been predicting/ expecting that Spring/ Summer 2012 would be the best in years. Here are the positive signs: 1) Housing starts surprise increase (multi family NOT single family) 2) Low Rates 3) Delinquencies eased a bit but, the foreclosure pipeline is bigger than ever. Remember, there are CURRENTLY 6 Million homes in default, 11 Million underwater and if you include the ‘near underwater’ owners the real number of underwater owners is closer to 20 Million. 4) Record traffic to sites [...] Click Here To View More
New Orleans Homes Made for Mardi Gras
We're showcasing a few homes within walking distance of Mardi Gras' biggest parade routes and party spots. Click Here To View More
Hate Bugs? Tips On How To Be Your Own Exterminator
Exterminators are expensive, but you don’t always have to call in a professional. Click Here To View More
Stupid Survey
I had a link to a web page where it promised all of the in's and out's to being a successful online survey taker. Since I did not have a car, there was no way I could get a job working for someone else. I made some money doing odd jobs and was eager to... Click Here To View More
insure the correct way
I took the fpu class about five years ago. One item kept comming up was the insurance and yes I knew of the endorsed local providers ( ELP). I thought the insurance on two auto's was high. I decided to look at the program again and found the local elp.... Click Here To View More
Is The Housing Recovery Here? | Builder Confidence Returns
More Great Housing News….get ready for this Spring and Summer housing markets to absolutely BOOM! QUESTION: Why do 1% of the agents make 99% of the money? Answer: They are making money NOW doing REOs and BPOs. Why aren’t you? Watch the FREE Agent REO Secrets video and grab the NEW FREE REO/ BPO Book. NOTICE: Free book guaranteed for the first 100 agents only. Click Here To View More
Chris Heller K/W President | HARRIS REAL ESTATE UNIVERSITY Motivational Thought
HARRIS REAL ESTATE UNIVERSITY Superstar and Keller/ Williams President Chris Heller asked for me to share this with you… Dear friends and colleagues, here is a thought I shared with my team and wanted to pass it on… Keep going When you have a long way to go, keep going. When you’ve almost reached the goal, keep going. Success is achieved by those who simply do whatever it takes to keep going. All it ever takes, is taking the next step. Important Notice: FREE REO/ BPO Training video and book now available. New for 2012 video will show you how to make [...] Click Here To View More
Too Many Homes For Sale..Tear Them Down! (Video)
As we reported over 4 years ago…in many parts of our country the best solution for unsold homes is to simple tear them down. Don’t be surprised to see entire blighted subdivisions and incomplete high rises leveled. Here in Vegas there are dozens of would of been mid and high rise condo buildings that are slowly going back to the earth. Their exposed steel frames and internals were not designed to withstand the scorching desert heat. For example, on the Vegas strip there is an steel framed high rise that has become such and eye sore the city has covered [...] Click Here To View More
Spring 2012 Homes Sales Expected To Set Records!
Great News for housing…FINALLY! Home sales in the U.S. probably climbed in January to the highest level since May 2010, adding to evidence the housing market is regaining its footing, economists said reports this week will show. Combined purchases of new and existing houses rose to a 4.97 million annual rate from 4.92 million in December, according to the median forecast in a Bloomberg News survey. Claims for jobless benefits held near the lowest level since 2008, bolstering consumer confidence, other reports may show. A strengthening job market, combined with record affordability driven by the drop in home prices and mortgage [...] Click Here To View More
According to state I paid too little
I pay cash for vehicles so when my vehicle died I looked on Craigslist for a vehicle. I found a 2005 Kia Sedona listed for $3000. It was listed on KBB for $4,500 in good condition so we went to look at it. It was in acceptable shape and we pulled out t... Click Here To View More
National Survey Asks: Has The Market Hit Bottom, 2012 Year Of Housing Recovery?
A Bottom of the American Real Estate Market American real estate agents expect the US real estate market to be largely flat from 2011 to 2012. Real estate agents predict that real estate values will be flat from 2011 to 2012, signaling a bottom to the real estate market or the end of the real estate bubble. Given historically low interest rates as well as a bottoming of real estate values, real estate agents expect that the number of real estate transactions and new construction starts will increase slightly in 2012. Additionally, real estate agents believe local economies are on [...] Click Here To View More
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