Manhattan Luxury Condos Try FHA Backing in Sales `Game Changer’
Whitney Gollinger, marketing chief for a Manhattan condo building with an outdoor movie theater and panoramic city views, is highlighting a different amenity to spur sales: the financial backing of the federal government.
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El Solyo…
Image by kpwerker via Flickr I’m seeing a growing trend of companies generating their own Internet leads. Even those currently buying leads from large lead providers and marketing companies are learning the business. I think there are two major factors driving this trend: Blogging platforms (i.e., WordPress) driving barriers to…
Image via Wikipedia More and more our debt settlement and mortgage sales are dependent upon our performance on the telephone. That means that your voice and tone are critical to closing the deal. Is it helping or hurting you? Let’s run through a simple checklist. Tone Let’s start with…
Image via Wikipedia A defining moment, a Hollywood hero-shot, a quote to be remembered – famous last words leave a lasting impression. Here are just a few of the great ones that come to mind – “With great power comes great responsibility” (Spiderman); “And in case I don’t see…
Here is some national data on the number of distressed sales in Q2, and the types of homebuyers. This is from a survey by Campbell Communications (excerpted with permission). Source: Summary Report–Real Estate Agents Report on Home Purchases and Mortgages , Campbell Communications, June 2009 Click on graph for larger…
Just using Sacramento as an example … I wish the NAR broke out the data like this! Click on graph for larger image in new window. The Sacramento Association of REALTORS® is now breaking out monthly resales by equity sales (normal resales), and distressed sales (Short sales and REO sales).…
From the WaPo: Stimulus Funds Bring Relief to States, but What About 2010? As states across the country grapple with the worst economy in decades, most have cut services, forced workers to take unpaid days off, shut offices several days a month and scrambled to find new sources of revenue.…
On Saturday I posted a graph and some analysis of Housing Starts and the Unemployment Rate Today I received a request for a similar graph of auto sales and the unemployment rate. Click on graph for larger image in new window. This graph shows light vehicles sales including SUVs and…
From the Las Vegas Sun : The worst investment over the past year was apartment conversions … [Larry Murphy, president of SalesTraq] said. The worst of the that segment was the Meridian at Hughes Center on Flamingo Road, east of the Strip that was converted from apartments to condominiums between…
From Carolyn Said at the San Francisco Chronicle: Oakland group buying Contra Costa foreclosures (ht Walt, John) Oakland’s McKinley Partners is betting that low-end foreclosed homes in eastern Contra Costa County will double in value in five years. The real estate development company has formed a $6 million fund to…