tag:blogger.com,1999:blog-260709582009-02-21T03:06:10.475-08:00California Real EstateReal Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-26070958.post-1161918671165578802006-10-26T20:04:00.000-07:002006-10-26T20:11:11.223-07:00Title Unavailable<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Title Unavailable"><br />They predict that <a href="http://home-insurance.near-home.com/" title="Home Insurance Near Home">home</a> prices will raise 40% over the next 5 years. They also <a href="http://idaho.travelbn.com/" title="Idaho Travel Blog -Things to do Places to see">state</a> the median <a href="http://home-insurance.near-home.com/" title="Home Insurance Near Home">home</a> price is $440,000 (where are they looking???). It's in the middle of the last semi-rural stretch of central California coastline, and it's also home to the <a href="http://idaho.travelbn.com/" title="Idaho Travel Blog -Things to do Places to see">state</a>'s rising star of wine production, Paso Robles, where even French vintners are buying property. The Median home price in Paso Robles has shot up by more than 100% since 2000.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://www.slocountyhomes.com/2006/10/san-luis-obispo-makes-cnn-moneys-top.html" title="Title Unavailable">Title Unavailable</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-116191867116557880?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1156975751273980982006-08-30T15:03:00.000-07:002006-08-30T15:09:11.316-07:00Title Unavailable<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Title Unavailable"><br />It looks like July will end up like the last few months with twice the number of new listings as pending sales and another record month in number of price changes. Following are 4 types of Sellers that may be contributing to the large number of homes being put on the market: 1) Serious Sellers - These are motivated homeowners that want to sell their <a href="http://home-insurance.near-home.com/" title="Home Insurance Near Home">home</a> and will adjust their price based on what the market is telling them.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://www.slocountyhomes.com/2006/07/it-looks-like-july-will-end-up-like.html" title="Title Unavailable">Title Unavailable</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-115697575127398098?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1152647118103182312006-07-11T12:41:00.000-07:002006-07-11T12:45:18.126-07:00Title Unavailable<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Title Unavailable"><br />An Apple store may be coming to downtown SLO According to an article in Saturday's Tribune, Apple Computer has interest in opening a store in downtown SLO where Express Men used to be. I think an Apple store would fit well with the direction downtown SLO is going. And California Pizza Kitchen is going in where Fresh Choice was. The Apple store will definitely have an impact on the Mac Superstore out on Higuera.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://www.slocountyhomes.com/2006/07/apple-store-may-be-coming-to-downtown.html" title="Title Unavailable">Title Unavailable</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-115264711810318231?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1150263003426825812006-06-13T22:26:00.000-07:002006-06-13T22:30:03.866-07:00Title Unavailable<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Title Unavailable"><br />A report updated for the first quarter of 2006 shows what areas have the most overvalued housing. You can view the report here. The report says it takes 3 and a half years to correct the overvaluation. For Q1 2006, they list the San Luis Obispo housing market as being 56.5% overvalued, which ranks about 30th on their list of 317 areas nationwide. The most undervalued areas are in Texas.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://www.slocountyhomes.com/2006/06/report-updated-for-first-quarter-of.html" title="Title Unavailable">Title Unavailable</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-115026300342682581?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1147968049722245782006-05-18T08:58:00.000-07:002006-05-18T09:00:50.550-07:00A new RM incentive that troubled Consumers? Union<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="A new RM incentive that troubled Consumers? Union"><br />Sec. 6014 does contain the phrase out of the House bill that encourage reverse mortgages: “Nothing in this subsection shall be construed as preventing an individual from using a reverse mortgage or home equity loan to reduce the individual’s total equity interest in the home.” | | So, yes, there it is in the law.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://www.moveorstay.com/2006/02/19/a-new-rm-incentive-that-troubled-consumers-union/" title="A new RM incentive that troubled Consumers? Union">A new RM incentive that troubled Consumers? Union</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114796804972224578?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1147904810888872232006-05-17T15:24:00.000-07:002006-05-17T15:26:51.263-07:00Organize Your Investment Records<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Organize Your Investment Records"><br />You should meet with your Quarterback at least once a year to doublecheck the binder?s contents. <br />Now that you are organized with the intention of?disaster management? and not just being able to find a record, it is a very simple thing to meet with your?Quarterback? once or twice a year to just make sure all of the information is current and accurate.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://www.itsyourbestmove.com/wordpress/?p=63" title="Organize Your Investment Records">Organize Your Investment Records</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114790481088887223?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1147834484326288392006-05-16T19:52:00.000-07:002006-05-16T19:54:44.353-07:00Questions for America (and how can anyone be long the stock market in this environment?)<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Questions for America (and how can anyone be long the stock market in this environment?)"><br />* Who has more buyer's remorse - the 50.7% of people who voted for George Bush in 2004, or the couple who bought that Toll Brothers house in Phoenix in July 2005? * Will the Democrats win the House in 2006? The Senate too? * Will they censure Bush? Will they impeach him? Who in his administration will be shown the door soon? * Are there a "Pentagon Papers" or "Nixon Tapes" out there? What will they be? * Will there be the Rapture this year? Will Ford?<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://housingpanic.blogspot.com/2006/04/questions-for-america-and-how-can.html" title="Questions for America (and how can anyone be long the stock market in this environment?)">Questions for America (and how can anyone be long the stock market in this environment?)</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114783448432628839?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1147558540180640502006-05-13T15:13:00.000-07:002006-05-13T15:15:40.523-07:00Let The Good Times Average Out Nicely<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Let The Good Times Average Out Nicely"><br />In fact, take the number of homes in California that sold for more than $1 million last year, and this is what you get: You get 48,666 million dollar homes. That's 47% more million dollar homes sold in 2005 than in 2004, according to the Los Angeles Times. A multitude of million dollar home sales is an amazing thing. The only thing more amazing than the number of million dollar homes in California is what you get for that kind of money.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://uscondex.blogspot.com/2006/03/let-good-times-average-out-nicely.html" title="Let The Good Times Average Out Nicely">Let The Good Times Average Out Nicely</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114755854018064050?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1147488521376208742006-05-12T19:46:00.000-07:002006-05-12T19:48:41.403-07:00Slowing Home Market to Ripple Through Job Market<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Slowing Home Market to Ripple Through Job Market"><br />"You saw it - there were dollar signs in their eyes," recalls Nick Vayonis, a former real estate agent in Los Angeles, where median home prices rose 145% in four years. As the housing market slows, there will likely be a lot of stories of people who are bailing out of their real estate jobs and other professions related to housing - appraisers, mortgage brokers and home construction workers - and many not by choice.<br /></span><p>Tagged: [existing_link:14a155220c6d98e80d9f4fab205bfe91]</p><br /><br/><br /><a href="http://uscondex.blogspot.com/2006/03/slowing-home-market-to-ripple-through.html" title="Slowing Home Market to Ripple Through Job Market">Slowing Home Market to Ripple Through Job Market</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114748852137620874?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1147473164649368662006-05-12T15:30:00.002-07:002006-05-12T15:32:44.660-07:00What would the Queen say?<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="What would the Queen say?"><br />In the past, We have posted some butt-ugly real estate on this <a href="http://idaho.travelbn.com/" title="Idaho Travel Blog -Things to do Places to see">blog</a>. However, this wreck is right up there with the worst of them. First, let us start with facts. However, the realtor.com listing went with "single family home". <br />A single family home? There are always the skeptics out there, who say "it is not about the house, it's the land value". Look what comes out: For tax purposes, the land is valued at just over $4.5k.<br /></span><p>Tagged: [existing_link:14a155220c6d98e80d9f4fab205bfe91]</p><br /><br/><br /><a href="http://overvalued.blogspot.com/2006/04/what-would-queen-say.html" title="What would the Queen say?">What would the Queen say?</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114747316464936866?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1147473164237259702006-05-12T15:30:00.001-07:002006-05-12T15:32:44.246-07:00California bill names practices to watch out for<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="California bill names practices to watch out for"><br />One of the winners, fair lending specialist Shirley Hochhausen, made proposals that led Simitian to propose SB 1609. The bill would prohibit a lender from offering an annuity prior to the closing of the reverse mortgage or before the expiration of the right of the borrower to rescind the agreement. The bill would require an applicant to meet with an independent loan counselor before a finalizing reverse mortgage.<br /></span><p>Tagged: [existing_link:14a155220c6d98e80d9f4fab205bfe91]</p><br /><br/><br /><a href="http://www.moveorstay.com/2006/02/28/california-bill-names-practices-to-watch-out-for/" title="California bill names practices to watch out for">California bill names practices to watch out for</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114747316423725970?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1147473163769686532006-05-12T15:30:00.000-07:002006-05-12T15:32:43.803-07:00L.A. Median Home Price Tops Half A Million!<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="L.A. Median Home Price Tops Half A Million!"><br />They use an increase in the median home price to argue that the bubble isn't popping? If only two houses sold and one was $1 million and the other $2 million, the median price would be $1.5 million, but so what? With Los Angeles' median home price doubling in such a short period? giving homeowners more equity than they imagined a few years ago? it's no wonder that Los Angeles appears on many lists of the nation's most overvalued housing markets.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://bighousingbubble.blogspot.com/2006/04/la-median-home-price-tops-half-million.html" title="L.A. Median Home Price Tops Half A Million!">L.A. Median Home Price Tops Half A Million!</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114747316376968653?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1147410099307464362006-05-11T21:59:00.000-07:002006-05-11T22:01:39.330-07:00Title Unavailable<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Title Unavailable"><br />March 21, 2006 To: All Agents and local property owners of the Central Coast From: James Molnar and the POPR Committee I am writing this letter to assure that everyone is informed of the recent proposal from a small group of citizens in Cayucos. This view shed ordinance almost made it past the Supervisors last November, and would have if not for some quick action by an opposition group called POPR (Protect Our Property Rights).<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://www.slocountyhomes.com/2006/03/i-just-received-following-in-my-email.html" title="Title Unavailable">Title Unavailable</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114741009930746436?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1147369959087002132006-05-11T10:50:00.001-07:002006-05-11T10:52:39.096-07:00Title Unavailable<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Title Unavailable"><br />Consider the tax burden. When deciding where to live, or possibly where to retire, you might want to look at the tax burden. First, the U.S. Census Bureau has recently published an interesting chart: States Ranked by Total Taxes and Per Capita Amount: 2005. The Tax Foundation publishes an interesting study, ranking states by the amount of taxes one pays in that state: State and Local Tax Burdens Compared to Other U.S. States, 1970-2005.<br /></span><p>Tagged: [existing_link:14a155220c6d98e80d9f4fab205bfe91]</p><br /><br/><br /><a href="http://franandrowena.blogspot.com/archives/2006_04_01_franandrowena_archive.html#114404834053139751" title="Title Unavailable">Title Unavailable</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114736995908700213?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1147369958651419912006-05-11T10:50:00.000-07:002006-05-11T10:52:38.673-07:00Los Angeles and California Are Cooling Quickly<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Los Angeles and California Are Cooling Quickly"><br />Inman News reports on a cooling trend in California real estate: "There is no justification for the prices we're seeing now," Christopher Thornberg, chief economist at UCLA's Anderson School of Business, said when issuing the school's gloomy quarterly economic forecast last week. Thornberg predicts that the downturn now under way will cost the <a href="http://idaho.travelbn.com/" title="Idaho Travel Blog -Things to do Places to see">state</a> a staggering 200,000 jobs in the real estate and construction industries alone.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://bighousingbubble.blogspot.com/2006/04/los-angeles-and-california-are-cooling.html" title="Los Angeles and California Are Cooling Quickly">Los Angeles and California Are Cooling Quickly</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114736995865141991?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1145570808486160042006-04-20T15:04:00.001-07:002006-04-20T15:06:48.490-07:00Show Me a Five Dollar Bill, And I'll Show You Why Your Listing Expired!<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Show Me a Five Dollar Bill, And I'll Show You Why Your Listing Expired!"><br />Because of this, you give a bill-salesman a 90-day listing on your five dollar bill, but it doesn't sell, and the listing expires. You get an offer at $4.95 and want to accept it, but your bill salesman writes a counter-offer asking for a different title company, and the transaction falls apart. * You wanted eight dollars for the bill. You listed it for $7.50 and told your bill salesperson that if someone wants it they could "make you an offer".<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://piedpiperspeaks.blogspot.com/2006/04/show-me-five-dollar-bill-and-ill-show.html" title="Show Me a Five Dollar Bill, And I'll Show You Why Your Listing Expired!">Show Me a Five Dollar Bill, And I'll Show You Why Your Listing Expired!</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114557080848616004?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1145570759066648842006-04-20T15:04:00.000-07:002006-04-20T15:05:59.073-07:00Some Problems are Worth Having<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Some Problems are Worth Having"><br />A PAT works like this; a seller sells the property to their PAT for a lifetime income contract (called a private annuity) and then immediately sells again to the buyer. Our clients are over the age of 70 and that caused life insurance to be more expensive than they could afford while they were planning for how to pass that ranch to their kids and pay the estate tax that would occur when they both pass.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://www.itsyourbestmove.com/wordpress/?p=62" title="Some Problems are Worth Having">Some Problems are Worth Having</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114557075906664884?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1145570664635120642006-04-20T15:02:00.002-07:002006-04-20T15:04:24.643-07:00Chimneys and Real Estate Transactions<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Chimneys and Real Estate Transactions"><br />If you can see a clay type square or oval pipe protruding out the top of the chimney stack you have a masonry fireplace and chimney system. If you can see a metal pipe with a metal cap that fits the pipe perfectly, protruding out the top, chances are you have some kind of a prefab. If it is all brick and mortar but with the metal pipe protruding out of the top you probably have a hybrid system.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://www.realestatehow.com/2006/03/chimneys-and-real-estate-transactions.htm" title="Chimneys and Real Estate Transactions">Chimneys and Real Estate Transactions</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114557066463512064?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1145570644359525522006-04-20T15:02:00.001-07:002006-04-20T15:04:04.370-07:00The Canary is Choking<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="The Canary is Choking"><br />Sales finished the month at 2,844 homes sold versus 3,885 sold in March 2005, down 28%. This downward trend in sales began in earnest in the last quarter and seems to be accelerating. <br />"The first quarter sales were 6,743 sold versus 8,905 in the same period last year. The under $500,000 sales made up 45% of the sales volume versus 55% last year, this mix change pushed up the average price because of the sale of more expensive homes.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://bubbletracking.blogspot.com/2006/04/canary-is-choking.html" title="The Canary is Choking">The Canary is Choking</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114557064435952552?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0tag:blogger.com,1999:blog-26070958.post-1145570644030914952006-04-20T15:02:00.000-07:002006-04-20T15:04:04.046-07:00Buyer (And Seller) Beware<div xmlns="http://www.w3.org/1999/xhtml"><span class="post_body" summary="Buyer (And Seller) Beware"><br />You hear stories about sellers slashing listing prices to attract buyers, but home prices nationally have risen more than 10% over the past year. That leads people to take more risks than they should. The idea here is that if people's monthly payments to own a house are much higher than what they would spend to rent the same place, tax considerations included, then they must be banking on prices going up so they can sell for a profit someday.<br /></span><p>Tagged: <a href="http://california.realestatebn.com/" rel="tag"><strong>California</strong></a></p><br /><br/><br /><a href="http://uscondex.blogspot.com/2006/04/buyer-and-seller-beware.html" title="Buyer (And Seller) Beware">Buyer (And Seller) Beware</a><br /><br/><br /></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/26070958-114557064403091495?l=california.realestatebn.com%2Findex.html'/></div>Real Estate Prohttp://www.blogger.com/profile/11838119737206527618noreply@blogger.com0