Keyword: real estate market
Vimeo video school teaches anyone how to make better videos
Vimeo is schooling budding videographers Vimeo Video School has recently launched as a “fun place for anyone to learn how to make better videos.” The site offers video lessons and tutorials like the one above, created to instruct on improvement on any videographer’s skills from starters to professionals. We have long advocated for professional real estate videography over Blair Witch ...
Housing market – a quick overview of sales, shadows and sentiments
We know that housing news is hard to keep up with and it’s not like it all comes out on one day. Wouldn’t it be wonderful if sales data, price information, construction stats, foreclosure information and consumer morale reports came out on one day in one report with a bow on top? Yeah, we do to as it is a ...
Why builder confidence levels in real estate market are still low
For builders of single family homes, confidence levels in the real estate market in December remain unchanged from November according to the National Association of Home Builders (NAHB)/ Wells Fargo Housing Market Index (HMI) report release today. The HMI analyzes confidence in current sales conditions and sales expectations in the next six months (both of which remain unchanged) as well ...
Foreclosures lag, consumer attitudes continue to sour
As we recently reported, foreclosure sales volume is down 31% while the average discount is up 32% and we the drumbeat here and elsewhere continues to sound “jobs, jobs, jobs.” There has been an increase in foreclosure filings as well as sales this year, so Trulia and RealtyTrac teamed up to survey consumer attitudes and found that 58% of Americans ...
Thousands of restaurants close: Are you ready to sell the inventory?
Over 5,000 restaurants across the United States closed their doors in the past 12 months. Most of them were independents, not chains. After you get over mourning the demise of your favorite Friday night spot, thoughts turn to how are we going to sell these properties? The statistics from this week’s news shouldn’t surprise anyone. Early on in the recession Americans started ...
Shadow inventory threatens office vacancies
For months, real estate experts have been whispering fearfully of “the shadow inventory” in residential sales. Now, we’re starting to hear rumblings of shadow inventory threatening the commercial market, particularly with respect to office vacancies. Shadow inventory is the inventory of homes that are probably going to be for sale really soon, but are not on the market just yet. ...
Obama orders government-owned real property sell off
The rush to sell government-owned properties Maybe you missed it in the news (there wasn’t a lot of fanfare or press about this), but last week President Obama issued a memo ordering federal agencies to cut $8 billion worth of building costs by the end of the 2012 fiscal year. Disposing of unneeded federal property, ending unnecessary leases and consolidating ...
Commercial agents await the great hotel sell off, maybe, in 2010-11
Hospitality industry in the dumps According to industry statistics, up to 10 percent of the nation’s hotels/motels are in serious trouble, and could be in bankruptcy or foreclosure within the next 12 to 18 months. That’s a potential inventory of 4,000 properties that could be up for sale or on the auction block in the next year and a half. ...
April 30 has come and gone and somehow, we survived
We survived! (For now) It’s now 9 p.m. on D-Day … April 30, 2010. The tax credit has expired (thank God) and from what I hear there will be NO extension this time. While the world did not explode (or implode either) for real estate agents, as far as I can tell, this was one wacky week. (Read my post ...
Rub-a-dub, a cow in a tub… more MLS disasters
Usually I have to skip a week to gather enough material for my MLS blooper review, but this past week was especially rife with colorful errors and head-scratching misspellings. I even caught a few in the L.A. Times and Homes and Land Magazine. It appears that some agents were dozing at their keyboards…or doing tequila shooters – you decide. Here ...
“Smell” this house! – more MLS laughs
This week’s MLS was a whole bag ‘o crazy. Seriously, there should be a movie. I doubt if even Tina Fey could write anything funnier. Imagine it in 3D – with “fully stocked bras” and “large panty off kitchen.” Special thanks to Greg Cooper and Patrick Martin and Fred Glick for their contributions: Stinkin’ and Drinkin’ “Garage and paddyo leans ...
Five best and five worst commercial real estate markets
Honolulu is hot hot hot According to a Moody’s report earlier this month, U.S. commercial real estate markets showed some spark of life in the last quarter of 2009. The rating agency attributed that improvement to increasing demand and a shrinking supply of current inventory. Moody’s listed the five best markets in the U.S. during Q4: Honolulu Orange County, Calif. ...













