Thursday, November 23, 2006
Current California Housing Statistics.
Calif. median home price - September 06: $553,050 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region September 06:
Santa Barbara So. Coast $1,025,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region September 06:
High Desert $329,040 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Second Quarter 06:
23 percent (Source: C.A.R.)
Mortgage rates - week ending 11/22:
30-yr. fixed: 6.18%; Fees/points: 0.5%
15-yr. fixed: 5.91%; Fees/points: 0.5%
1-yr. adjustable: 5.49%; Fees/points: 0.6%
(Source: Freddie Mac)
Who Will? Pete Will!
Broker Direct Real Estate
Monday, October 30, 2006
My newest listing in San Jacinto.
Saturday, October 21, 2006
Riverside County Voters Can Cast Ballots Early at three local malls.
Starting today Saturday, Oct 21, through Sunday, Oct. 29, County residents can cast their ballots for the upcoming election at three local malls. Galleria at Tyler, in Riverside, The Promenade in Temecula, and Westfield Mall, will have electronic voting booths available from 10 a.m. to 7 p.m. Monday through Saturday and 11 a.m. to 6 p.m. on Sundays. Voters closer to downtown Riverside may cast their ballots early at the The Registrar of Voters Riverside.
Who Will? Pete Will!
Broker Direct Real Estate
Thursday, September 28, 2006
This weeks open house.
Price: $ 435,000.00
Listing type: For sale
Property Type: House
Bedrooms: 4 Square
Agent: Pete Willner
4BR, 2.5BA home with a large pool sized backyard and a 3 car pull through garage. There is room for toys and more. The home offers a charming floor plan with vaulted ceilings, a large master bedroom & bath including his & hers closets, a bright & spacious kitchen and a wood/gas fireplace in the large cozy family room. Low taxes and no HOA. Located Off of Clinton Keith at Spinning Wheel between the 15 and 215 Freeways.
Location Click For Map.
This is not my listing and I am acting as a buyers agent only! Come take a look and get the representation you deserve!
Seven Steps To an Impressive Open House
2. Pay attention to the outdoors. Mow your lawn, and be sure toys and yard equipment are put away.
3. Serve cookies, coffee, and soft drinks. It creates a welcoming touch. But be sure the kitchen has been cleaned up; use disposable cups so the sink doesn’t fill up.
4. Lock up your valuables, jewelry, and money. Although the real estate salesperson will be on site during the open house, it’s impossible to watch everyone all the time.
5. Turn on all the lights. Even in the daytime, incandescent lights add sparkle.
6. Send your pets to a neighbor or take them outside. If that’s not possible, crate them or confine them to one room (a basement or bath), and let the salesperson know where to find them.
7. Leave. It’s awkward for prospective buyers to look in your closets and express their opinions of your home with you there.
Beware of home builders that discourage buyer's agent
Why would builder jeopardize sale in a down market?
Q: I saw an article in the newspaper about a subdivision near where I live in Southern California, so I stopped in to view a model home.
The builder's sales representative informed me that because I didn't have a Realtor at the time of the first visit, even if I were to come back to pursue a potential purchase with a buyer's agent, my agent would not be entitled to any commission.
Is this true or is it a ploy to discourage buyer representation? How can I be denied fair representation or have to pay for it myself when it was a builder's model home that's open to the public?
A: I hate when builders do this. They're trying to save the commission they'd pay to a buyer's agent. Or, perhaps the builder's representative you spoke with gets a bonus if she brings in a buyer without paying a commission to another agent.
The builder is giving you fair warning, as required by the law, that you're now considered "unrepresented" and they'll never recognize your representation. But that's not necessarily the final word. More on that in a moment.
The builder is trying to save a buck, but all the company is doing is discouraging qualified buyers from coming back. It's a lousy way of doing business in a time when builders around the country are desperate to get buyers through the door.
And, it really leaves a bad taste in my mouth.
But just because the representative says that's how the builder will treat you and your buyer's agent doesn't mean that's how it will be by the time the contract is signed.
Here's what you do: If you decide to go back to see this development again, hire an agent first. Then, don't turn up without your agent in tow. If the salesperson gives you a hard time, push back. Inform the builder's representative that you're going to make an offer but only with your agent. If that's unacceptable to the builder, you'll take your business elsewhere.
Then, walk out the door. Most builders won't let you get too far before they call you back.
As I say, some builders are in fairly desperate straits right now. That may put you in the driver's seat.
Sunday, September 24, 2006
Ahhh a blog