Comments on: Predators or Angels? http://www.claytonliving.com/2006/12/19/img_5525/ The #1 Real Estate Resource For Clayton, California Wed, 20 Aug 2008 03:31:23 +0000 http://wordpress.org/?v=2.0-RC3 by: Vince Talerico http://www.claytonliving.com/2006/12/19/img_5525/#comment-1046 Fri, 13 Apr 2007 05:38:28 +0000 http://www.claytonliving.com/2006/12/19/img_5525/#comment-1046 Best Blog I have seen in a while...and adevertised by Trulia as a "great site!" Awesome...incorporating the Trulia map into my index right now @ www.virginiabeachestates.com. Best Blog I have seen in a while…and adevertised by Trulia as a “great site!” Awesome…incorporating the Trulia map into my index right now @ www.virginiabeachestates.com.

]]> by: Cici Kuhn, MBA http://www.claytonliving.com/2006/12/19/img_5525/#comment-233 Fri, 23 Feb 2007 18:50:02 +0000 http://www.claytonliving.com/2006/12/19/img_5525/#comment-233 It saddens me to see people lose money because they think a Realtor will take a percentage of their profit without doing anything. Realtors know that they can get 16-20% more for your home than that "investor" is offering simply by exposing your house to more qualified buyers and letting the market do what it is supposed to do. Realtors know what a house will sell for, and what you can do to get more for your house. They work hard on behalf of the seller and they are there when an investor refuses to close, leaving a home owner faced with forclosure and in a more dire situation having moved out of the house and, now, owing another payment when the unqualified "investor" bails. A good Realtor is worth their weight in gold when they can show the bank what they have done to sell a home. The bank does not want your home! They want it sold. Even if it means they must forgive a part of the loan. Anyone facing forclosure should immediately call a Realtor and get an experts advice! It saddens me to see people lose money because they think a Realtor will take a percentage of their profit without doing anything. Realtors know that they can get 16-20% more for your home than that “investor” is offering simply by exposing your house to more qualified buyers and letting the market do what it is supposed to do. Realtors know what a house will sell for, and what you can do to get more for your house. They work hard on behalf of the seller and they are there when an investor refuses to close, leaving a home owner faced with forclosure and in a more dire situation having moved out of the house and, now, owing another payment when the unqualified “investor” bails. A good Realtor is worth their weight in gold when they can show the bank what they have done to sell a home. The bank does not want your home! They want it sold. Even if it means they must forgive a part of the loan.
Anyone facing forclosure should immediately call a Realtor and get an experts advice!

]]> by: Peter Pang http://www.claytonliving.com/2006/12/19/img_5525/#comment-205 Wed, 31 Jan 2007 04:31:56 +0000 http://www.claytonliving.com/2006/12/19/img_5525/#comment-205 Not necessary, there are other ways for an investor to buy a property even there is no equity in it and still structure a win-win deal for both the owner and the investor. Buying a house with enough equity is only the traditional way of investing. Not necessary, there are other ways for an investor to buy a property even there is no equity in it and still structure a win-win deal for both the owner and the investor. Buying a house with enough equity is only the traditional way of investing.

]]> by: Dennis Harnisch http://www.claytonliving.com/2006/12/19/img_5525/#comment-200 Sat, 06 Jan 2007 13:06:56 +0000 http://www.claytonliving.com/2006/12/19/img_5525/#comment-200 Interesting web site! We have started to see a similar slow down over here on the East Coast in Florida also over the past 12 months or so. Homes are on the market longer, sales prices have adjusted downward, because buyer's activity has slowed down. If the median price of homes is out of reach of the average household income, the economic factors of capitalism is there to correct any "boom" in the real estate market, that is, the laws of supply and demand interaction. So it is natural for the market to slow down and make a correction. When inflation causes the economy to move, that is, when the median price is allowed to increase because of increase in the power of spending of the owner/occupant, prices will move accordingly. Jacksonville is somewhat unique since there is a population migration into Florida due to baby boomer retirees, the abundance of sunshine, and influx of business in which a human population always follows. For the past several years, Jacksonville investors have been converting apartment complexes into condominiums. Today we are witnessing a reversal. Condos are becoming affordable housing via apartments, be it a whole complex or a individual investors who bought to sell due to the “boom”, but are now forced to dump their “investment” back onto the market at a big discount or hold onto it as a rental unit. It’s affordability. The average income of the wage earner is key to the overall housing market. Interesting web site!

We have started to see a similar slow down over here on the East Coast in Florida also over the past 12 months or so.

Homes are on the market longer, sales prices have adjusted downward, because buyer’s activity has slowed down.

If the median price of homes is out of reach of the average household income, the economic factors of capitalism is there to correct any “boom” in the real estate market, that is, the laws of supply and demand interaction.

So it is natural for the market to slow down and make a correction. When inflation causes the economy to move, that is, when the median price is allowed to increase because of increase in the power of spending of the owner/occupant, prices will move accordingly.

Jacksonville is somewhat unique since there is a population migration into Florida due to baby boomer retirees, the abundance of sunshine, and influx of business in which a human population always follows.

For the past several years, Jacksonville investors have been converting apartment complexes into condominiums. Today we are witnessing a reversal. Condos are becoming affordable housing via apartments, be it a whole complex or a individual investors who bought to sell due to the “boom”, but are now forced to dump their “investment” back onto the market at a big discount or hold onto it as a rental unit.

It’s affordability. The average income of the wage earner is key to the overall housing market.

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