Will You Be My Valentine?

Real Estate Blog Carnival

The Real Estate Blog Carnival rolled into Arizona this weekend and boy did we have a lot of fun. In fact with Valentines day coming up love is in the air.  It is no surprise that this weeks’ blog carnival is heavily influenced by cupid. With over thirty submissions this week my weekend was certainly occupied reading, evaluating and expanding my horizons. In many ways all these blog submissions reminded me of the valentine cards people send back and forth. So, who do you think is my valentine this week? With apologies to my husband Shailesh of course!

Here is how I divided them up:

It's Not You It's Me“It’s Not You Its Me”– I certainly don’t want to name names here, but there were about 15 or so submissions that for one reason or another I just didn’t connect with. It didn’t have the electric vibe I would expect. Now, don’t get me wrong, they were perfectly well written and in fact some were very technical. However, for one reason or another it just didn’t give me the butterflies. So, we had to part ways and believe me when I say it’s not you it’s certainly me!

“Let’s Stay in Touch” – There were 10 or so posts which I was certainly intrigued by and that made me stop and think. In other words I gave them a second glance. However, I’m certainly not ready at this point to say I would like to move things in any other direction other than at a professional level.  I could see us as casual acquaintances and I would love to subscribe to their blog just to learn from them. So, let’s stay in touch.

How Does Italian Sound?“How Does Italian on Friday Sound?” – There were three posts in particular which caught my eye for sure and defiantly are worthy of further conversation.  In “Buyers Psychology in Today’s Market” , Cece Blase provided a great analysis of buyer behavior. Everyone talks about a buyers market but, how many really know how to take advantage of it? Also, understanding the psychological disposition in this kind of situation is very helpful as well.

Dan Melson, in “Military Housing Allowance and Loan Qualification”, wrote a great technical guide for those receiving housing allowance. While his article was geared towards those in the military it can certainly apply to anyone who receives a housing allowance such as those in the clergy etc. Take a look at this one. You’ll learn something and be better for it.

Over analyzing the market can paralyze buyers and sellers and make fools out of both. Jonathan Dalton, our very own local real estate agent extraordinaire makes this point by using tell us that “You Can’t Outrace the Sunset”.  When you price a house with an expected “x” percentage fall in prices, guess what there is a chance the next house on the block will sell for less than yours. It’s because your “realistic” price is now a comp for the next sale and if the next guy does the same thing, then the market spirals down faster.  Just read Dalton’s take, he does a great job making this clear to readers.

You Look Good in My Sweatshirt“You Look Good In My Sweatshirt” – We would definitely work together in many settings and I liked the  styles of these posts.  I am a sucker for practical guides and people who get to the point right away. That is why I liked the users guide to selecting contractors and resolving any issues when dealing with contractors written by The Smarter Wallet. The posted titled “Home Improvement Contractor Problems: How To Resolve” is a great starting guide for those homeowners seeking to embark on a major home improvement project and need to seek the services of a contractor.

Loan modifications are a joke and I want to thank William Doom for emphatically say so on his post.  He provides a five step process to guide consumers seeking to do a loan modification. The best rule he gives is not to work with those loan modification companies, because as we’ve experienced here in Arizona, they’re a joke!

“Mom, Dad, This is…” – In the end it’s about honesty, authenticity and trust. What better Mom Dad This Isway to reinforce this than by pointing out that those seeking to short sale their homes should be really up front about it from the very beginning. It’s pretty clear that not being up front about it only hurts the chances to quickly sell the home .  In her inaugural post at Rain City Guide Courtney Cooper makes a radical suggestion: honesty.Her post “Short Sale Listings: Leaving Out Key Details Is Like Telling A Lie.. “ is a great read and very insightful on how sellers should approach this difficult topic.  Honesty eh? Now that is something mom and dad can appreciate.

Have a great Valentines week everyone!

Many Put Home Buying Plans on Hold

Interesting insights in a report on the MarketingCharts website:

More than one-quarter (27%) of American homeowners say that the current economic environment is causing them to put their plans to buy a new or existing home on hold, according to (pdf) a new Ipsos Public Affairs poll conducted on behalf of Realogy.

Among those who are most likely to say they are putting off a home purchse because of the financial crisis:

  • Non-white homeowners (46%)
  • Homeowners under age 35 (38%)
  • Parents with children under 18 (33%)
  • Those with a household income of less than $50,000 (33%)

Are you one of these folks? Just curious.

Reblog this post [with Zemanta]

Home Prices and a River in Egypt

Standing in The Nile

Creative Commons License photo credit: Ahmed Rabea

Interesting results from a recent survey from Zillow:

Zillow.com said Wednesday that a majority of homeowners believe their house is insulated from the housing crisis, which has seen 77 percent of the nation’s homes fall in value during the second quarter.

The online real estate company’s second quarter homeowner confidence survey found that 62 percent of homeowners believe their house has actually increased in value despite the nation’s widely reported housing woes and significant market data to the contrary.

I guess everyone elses home can depreciate but my home is extra special. Heather Barr talks about this disconnect.

This site is for informational purposes only. It is not sponsored or in any way affiliated with the government. If you are in need of a mortgage loan, consult with a licensed mortgage professional. All fair housing and equal housing opportunity laws apply when applying for a mortgage or buying a home. Copyright 2012.