Archives for March 2012

The Buyers’ Agent Strikes Back

This strategy isn’t going to work. I’ll tell you that up front. But, if nothing else, it’s a symbolic effort on the part of the buyers. We submitted an offer on a short sale today, full price and cash. We almost immediately received a multiple counter offer with a response deadline of Tuesday. Tuesday, as […]

Rome is On Fire, Have You Seen My Fiddle?

There are moments when I truly wonder what I’m doing in a profession filled with the short-sighted, the kind of people who by and large are content to grab some graham crackers, chocolate and marshmallows as they watch the world burn. From a Facebook conversation … “Do you work at Zillow?” “Why yes, yes I […]

Phoenix Real Estate Inventory Below 9,000 Homes

Checked single family detached homes in Maricopa County this morning and this was waiting for me: If you happen to have equity in your home and you happen to want to move to something else, there’s a golden opportunity to sell into a market starved for inventory. We’d still need to figure out the buy […]

Baseball, Real Estate and Critical Thought

I am a man of two worlds. There is the real estate agent who has built a business out of absolutely nothing in the course of the past eight years. And there is the sportswriter who has been hanging around press boxes for the past 24 years and often is stunned by the changes that […]

Everything is Big When You’re in the Anthill

In this instance, a picture truly is worth a thousand words. I’m still going to write them, but still. Those ants, courtesy of Carl Feldman via Flickr Creative Commons, are going to work on a yucca plant. Consider this is one stem of the plant. To these ants, though, it must seem like a large […]

About that Shadow Inventory – Some Fannie/Freddie Reality

There’s a theory floating around that one of the reasons there is next to zero inventory in the Phoenix real estate market is Fannie Mae and Freddie Mac are holding homes off the market. Not to poke a hole in this well-reasoned, somewhat well estimated and unproven theory but … Checking the tax records here […]

Hello Pot, I’m the Kettle

A little inside baseball … Noticed this comment this morning by the author of another blog: Seriously, an agent closing fewer than 20 houses a year, on average, should find another job. He can do a lot better, hour for hour. Of note: the author’s two-person brokerage, according to the MLS, has sold 135 homes […]

No, I Didn’t List Your House for Sale on Zillow. Here’s Why.

If you really want the most money possible for your home in the shortest time possible, gaining marketing exposure far beyond even what Zillow may promise, click here instead. It’s no coincidence the vast majority of my listings are selling in a couple of weeks and not months. But if you’re okay settling for the far fewer potential eyeballs […]

CNN Money Predicts ‘Rising Tide’ of Homes; One Only Can Hope

From CNN/Money: NEW YORK (CNNMoney) — The number of homes entering foreclosure dropped in February, but a new up-turn may soon be on its way. The reason? The $26 billion settlement between 5 major banks and state attorneys general over past foreclosure practices. … “The pig is starting to move through the python,” said Daren Blomquist, director […]

Beware of Walkers

We’re becoming surrounded by walkers, folks. If you don’t watch The Walking Dead, walkers are mindless zombies whose only purpose on the planet is to feed on the living. In this week’s People (or was it Us … hard to keep track of what the wife leaves in the bathroom on top of my Sports […]