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Real estate market showing signs of stability at last.

November 19, 2018 By Rosangela dos Santos Leave a Comment

It’s finally getting normal around here. According to a recent analysis by Realtor.com's Andrea Riquier, there's fresh evidence that the housing market is gaining some stability after some crazy years of multiple offers that resulted in inflated pricing in many markets. You can’t argue with the Census Bureau, which says the national home ownership rate was 64.4% in the third quarter, a Continue Reading

Filed Under: Great Real Estate Tagged With: Affordable Housing, Economy, Home Owner, Home Ownership, Housing Bubble, Market Conditions, Real Estate, Real Estate Broker, Real Estate Bubble, Real Estate Economics, Real Estate Marketing Rosangela dos Santos Filed Under: Great Real Estate

New homes dominate real estate market in many areas.

June 4, 2018 By Rosangela dos Santos Leave a Comment

If you are a homebuyer looking for a brand-spanking new house, you’re in luck in many parts of the country. The market is now flooded with the most brand-new, single-family houses to hit the market since the Great Recession, according to Realtor.com. The number of these newly-built homes, 795,000, jumped 7.7% from 2016 to 2017, according to the U.S. Census Bureau report on the Continue Reading

Filed Under: Great Real Estate Tagged With: Built Homes, Estate Market, Home Tending, Homeowner Association, Homes Were, Investment, New Home, Newly Built Homes, Property, Real Estate, Real Estate Broker, Real Estate Marketing Rosangela dos Santos Filed Under: Great Real Estate

Real Estate: More Buyers Gamble With Sight-Unseen Offers.

March 3, 2018 By Rosangela dos Santos Leave a Comment

Thirty-five percent of home buyers who purchased a home in November and December said they made an offer on the home without seeing it first in person, according to a newly released survey of more than 1,500 home purchasers conducted by the real estate brokerage Redfin.  Sight-Unseen Offers: The following lists the percentage of buyers by metro area who said they made an offer on a Continue Reading

Filed Under: Great Real Estate Tagged With: California, Five Percent, Homes Buyers, Pasadena, Property, Real Estate, Real Estate Broker, Real Estate Brokerage, Real Estate Professional, Redfin, Residential Real Estate Rosangela dos Santos Filed Under: Great Real Estate

Negotiation: Tips for buyers and sellers.

October 23, 2017 By Rosangela dos Santos Leave a Comment

The key points for a seller, according to Zillow.com: A full price or higher offer A pre-approved buyer Smooth timing for a move Sellers may also want buyers to either waive an inspection or be responsible for any repairs. Before negotiations, the best idea for sellers is to carefully calculate what they need from a buyer: The minimum amount of money you'll need, considering Continue Reading

Filed Under: Great Real Estate Tagged With: Home Sale, Home Sellers, Home Through, Market, Marketing, Negotiation, Older Homes, Pricing, Real Estate, Real Estate Broker, Sell Your Home Rosangela dos Santos Filed Under: Great Real Estate

What can a real estate agent do for me when I want to sell my home?

October 12, 2017 By Dominic & Hem-young deFazio Leave a Comment

The data tell the story: A real estate agent can sell your house faster and for a higher price than you would get by selling it on your own. In fact, according to the National Association of Realtors, properties sold by an agent sold for $41,000 more. Owner-sold properties sold for $174,900 in 2012 while agent-sold properties averaged $215,000. People Continue Reading

Filed Under: Great Real Estate Tagged With: Agent List, Buying Agent, Estate Agent, Investment, Listing Contract, Multiple Listing Service, Owned Homes, Property, Real Estate, Real Estate Agent Do, Real Estate Broker, Real Estates Agents, Residential Real Estate, Sell My Home Dominic & Hem-young deFazio Filed Under: Great Real Estate

September — the end of the California Home-buying season?

October 10, 2017 By Dominic & Hem-young deFazio Leave a Comment

Here is what we hear from our fellow California Realtors: A slowdown in sign calls and listing appointments Multiple offers have declined. Some price reductions Market competition has eased. However, here in Pasadena, the news is different: We do not yet see a slowdown in calls to our office or listing appointments; Most prices are remaining firm, but because of our high Continue Reading

Filed Under: Great Real Estate Tagged With: California, California Homes, California Real Estate, Investment, Listing Appointments, National Association Of Realtors, Pasadena, Price Reductions, Prices Property, Property, Real Estate, Real Estate Broker, Real Estate Trends, Residential Real Estate, Sell Your Home, View Homes Dominic & Hem-young deFazio Filed Under: Great Real Estate

What are Zillow Home Estimates?

August 29, 2017 By Rosangela dos Santos Leave a Comment

The first thing to understand is what Zillow is not. Zillow is not in real estate. It is not a public service like a library. Zillow is a business website, established to lure eyeballs who want to gaze at homes and, in turn, to sell advertising to real estate professionals. Understanding Zillow's Zestimate Zillow acquires data by amalgamating all the information on housing it can find. Continue Reading

Filed Under: Great Real Estate Tagged With: Economy, Homes Buyers, Money, Real Estate, Real Estate Broker, Real Estate Professional, Real Estate Valuation, Real Estates Agents, Reals Estate, Sell Advertising, Sell Your Home, Zillow Rosangela dos Santos Filed Under: Great Real Estate

Are Real Estate Agents going to be obsolete?

November 13, 2014 By Dominic & Hem-young deFazio Leave a Comment

A recent report predicts that real estate agents will have less and less involvement year after year. The prediction is that in a decade or two, the job of the real estate agent will only be to open the door to showings. A new report is titled “Fast Forward 2030: The Future of Work and the Workplace” and was prepared by realty consulting firm CBRE and China-based Genesis, a property developer, Continue Reading

Filed Under: Great Real Estate Tagged With: Agent Go, Buyer Agent, Buyer Brokerage, Door Opener, Estate Agent, Jobs, National Association Of Realtors, Potential Buyers, Real Estate, Real Estate Broker, Real Estate Transaction, Real Estates Agent, Recent Report, Redfin, Steve Berkowitz, Zillow Dominic & Hem-young deFazio Filed Under: Great Real Estate

Pasadena Homes for Sale and Sold — April 2014.

May 11, 2014 By Dominic & Hem-young deFazio 1 Comment

Last month our opening sentence regarding the Pasadena real estate market was: “Wow! The real estate market looks great in our community based on the numbers from March and our experience in our day-to-day activities.” Since then we’ve heard from the National Association of Realtors and Janet Yellen of the Federal Reserve Board, both expressing concern that the national market is flat. They Continue Reading

Filed Under: Great Real Estate Tagged With: California, Existing Homes, First Time Home Buyers, Home Prices, Homes Sold, Mortgage Loan, Pasadena, Pasadena Home, Pasadena Property, Pasadena Real Estate, Price Home, Price Your Home, Real Estate Broker Dominic & Hem-young deFazio Filed Under: Great Real Estate

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