Archive for August, 2008
First Time Buyers Want Perfect Homes, Not Fixer Uppers
Got a fixer upper you do not want to work on and you thought a first time homebuyer would be interested? Think again.
A study found by Mary Umberger and initiated by Coldwell Banker tells the opposite story. Fixer uppers are so ‘90s. Todays new homebuyers want it all perfect. Just like Mom and…
Atlanta’s Intergrity Bank Fails Over Contructions Loans
Integrity Bank of Alpharetta, Georgia, just north of Atlanta, is the 10th bank to fail in the country this year. While relatively small and new, the bank had grown quickly in the developing North Atlanta region as it provided financing for construction loans as Atlanta added 1 million residents over…
Milwaukee Foreclosed On Home Over A Parking Ticket
The city of Milwaukee foreclosed on a person with physical and emotional issues over a parking ticket. Yes, you heard that right, a parking ticket.
The person, Peter Tubic, parked an unlicensed van in his parents driveway and had his house foreclosed upon over what was originally a $50 fine.
S…
THE GINGHAM DRESS - A Parable For Real Estate Agents
If you are a real estate agent, read this, it may make (or save) you a big commission.
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THE GINGHAM DRESS
A lady in a faded gingham dress and her husband, dressed in a homespun threadbare suit, stepped off the train in Boston, and walked timidly without an …
Realtor.com Sees Traffic Increase - A Sign of Things To Come
While the RE.net rarely talks about Realtor.com, not very sexy compared to Trulia and Zillow, it is the 500 pound gorilla when it comes to consumers. So when they announced that search volume is up significantly in July, it makes me pay attention.
One of the points I have been pontificating about i…
This Gives A New Meaning To Starving Real Estate Agents
While most who are involved in real estate sales are worried about putting food on the table, one agent in Connecticut is accused of doing something about it. According to sellers, Holli Tapley has been charged with taking food and small change from homes that she has been showing.
O…
Green Roofs Tac Abatement For New York - No Benefit For The Sheep
When I think of green roofs I think of the old sod homes on the prairies during the dust bowl. But with new technology and agronomics, there are real benefits to adding a green roof for commercial buildings.
New York state has recognized the benefits such as cutting down run off, reduced energy use…