Wednesday, August 31, 2011

RE/MAX Realty Group gives advice in tough times


CONSHOHOCKEN — Those brawny S&P tough guys may have kicked sand in the faces
of the somewhat skinny U.S. housing market, but nobody should be throwing in their beach towel
over it, cautioned a local realtor and financial expert.

According to a statement recently released by Standard & Poors, the simultaneous 
browbeating of both Uncle Sam and mortgage giants Fannie Mae and Freddie Mac from 
a triple A credit rating down to AA+ signifies both FMs are overly dependent on the government.
For the rest of the article: visit  

Tuesday, August 23, 2011

Fun with the MLS


"Freshly stained bathroom."
"Will smell fast."

We’ve all seen these kind of typos – or unintended messages – in MLS ads. Lisa Loper, a Sales Associate with RE/MAX Realty Group in Harleysville, Pa., found several MLS entries that will give you a chuckle. Her comical observations are featured in an online article on a local news site.

Here’s an edited excerpt from the article: 
You really have to wonder sometimes what some Realtors are thinking. 
Our MLS has lots of funny bloopers in the descriptions of homes. These mistakes are certainly comical, but no seller really wants their listing to be the object of jokes or ridicule. 
The following are a few examples of what can go wrong with a listing:

Shower with multiple heads (That and "Psycho" will scare me out of the shower)
Heater with new boils (Sounds painful)
Seller is motivated – doesn't like the area (TMI, TMI)
Big lard in back of house (Is that included with the sale?)
Freshly stained bathroom (Will the seller clean that before settlement?)
Large walk in closet and hanging area  (Lethal injection seems more humane)
Big fenced-in yard with kennel and sandbox for the kids (Good for when you can't find a babysitter.)
Large in-ground heated poo. (Sounds like an environmental hazard.)
A sinking living room. (Does that go along with sinking house values?)
Will smell fast! (The Realtor must be stinky too.)
Oak bra with brass accents. (Sounds terribly uncomfortable.)
Good property for investigators. (Why? Are there bodies buried in the yard?)
Owner evacuated - will consider all offers. (Talk about your fire sale.)
Seller will not pay for any introspections. (Gee, and I've been feeling a little conflicted lately.)
This house is a real germ! (Got hand sanitizer?)

Tuesday, August 9, 2011

The World's Greatest Roller Coaster

The roller coaster of emotions that is the stock market never ceases to amaze me.  Take the last 4 hours the market was open yesterday and the first 4 hours of today and you'll see what I mean.  The major indices were sliding by about 6% yesterday afternoon, only to see a 2% gain this morning.  So tell me, has the value of the companies that make-up our indices changed that drastically in 12 hours?

Of course not, it is simply the emotions of our psyche being tracked and reflected in an index.

Of course, the burning question in the real estate world is what should I do?  Well, for starters;

Don't Jump, Yet!