Dan McCarthy of Network Communications Inc, publisher of The Real Estate Book, reveals the key findings of a national survey of top real estate professionals that looks at how they are marketing themselves and their listings in the current economy.
Duration : 0:2:23
There may be another option to save you and your home from foreclosure. Short sales allow you to avoid foreclosure and salvage your credit. Contact a knowledgeable RE/MAX agent to find out more.
Duration : 0:2:18
The Spot: A title card reads “The Debate.” We fade in on a couple standing in their kitchen, arguing about whether to buy a new house. The wife is the aggressor; the husband has his doubts. “Suzanne researched this,” says the wife in exasperation. As we’re wondering who Suzanne is, the ad cuts to an image of the couple’s kitchen telephone. “This listing is special, John,” says the voice of their real estate agent over the speakerphone. “You guys can do this.” The husband caves. “This is awesome,” says the wife. We see a picture of the agent’s Century 21 business card.
“The Debate”: It’s terrifying. The problem lies in the performances. That beleaguered husband, dough-faced and weary, seems highly sympathetic as he expresses a few doubts about this major life decision. Meanwhile, the wife (who looks like a more hostile Mary Louise Parker—though she lacks MLP’s patented bone-dry delivery) just knits her eyebrows at the guy like he’s unfathomably dense. Later, she jabs him with an accusatory “What?!”—her eyes wide and wild, her neck muscles flexed, her head twitching in disbelief at what a ninny her husband’s turned out to be.
The capper comes when their real estate agent, who we discover has been listening in on what should be a private and delicate moment, takes sides with the wife and thereby crumbles the husband’s defenses. Don’t listen to her, John. Of course your agent wants you to buy a house you can’t afford—she gets a bigger commission!
Duration : 0:0:29
Watch My LIVE Broadcasts (On-Demand): http://www.livestream.com/GrowBy10
Add me as a friend on Facebook!
http://www.facebook.com/harryc
Get DAILY GrowBy10 Updates on Twitter!
http://twitter.com/GrowBy10
Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed.
Property values have fallen 35 percent since October 2007, according to Moodys Investors Service. Thats making it tough for owners to refinance almost $165 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale.
Negative Fundamental
Demand for commercial space comes from employment and the income generated by that employment, said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton Schools Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting job losses are a really significant negative fundamental, signaling that conditions are going to be tough for the industry for a while, he said.
That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7,000-plus smaller U.S. lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.
Duration : 0:5:57
NBC10 aired a news segment demonstrating Recently Sold Homes. “If you have ever wondered how much homes are going for in a particular neighborhood, now you can get the information almost instantly,” says NBC 10 anchor Dawn Timmeney. “To use the service, you have to have a Sprint or Nextel handset. You can download the program and then pay $4.99 a month for unlimited use,” says journalist Tracey Davidson.
Duration : 0:1:29
Peter Schiff faces off on Fox News’ Your World against real estate agent Connie De Groot about housing in 2008.
Duration : 0:4:13