MLS LISTINGS INCREASING?

They are in my market! How about yours?

If you were on top of your market statistics like I’ve been mentoring everyone to do for the past two years, you would know the answer to that question as well as you know your name.

For many years now, I’ve been singing the same old song and it goes something like this:

1- Decide what you wanna do.

2-Choose a specific Target Market and know your stats better than anyone else.

3-Set your GPS®, your Goals, Plans and Systems then make a commitment and take action!

By this, I mean that you should work your systems on a daily basis regardless if you’re the most experienced and sophisticated real estate investor in Southern California or if

Fannie, Freddie may fill Fed void in mortgage market

“With the Federal Reserve ending its 15-month $1.25 trillion mortgage bond buying binge on Wednesday, delinquent loan buyouts by Fannie Mae and Freddie Mac could serve as the saving grace for the $5 trillion agency mortgage-backed securities market.”

Private sector sheds 23,000 jobs in March

“U.S. private employers unexpectedly shed more jobs in March, dampening hopes for job growth ahead of Friday’s key employment report.”

Vacation-Home Sales Up in 2009 but Investment Sales Down

“Vacation-home sales recovered in 2009 while investment sales fell sharply, according to the National Association of Realtors®.

NAR’s 2010 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2009, shows vacation-home sales rose 7.9 percent to 553,000 last year from 513,000 in 2008, while investment-home sales fell 15.9 percent to 940,000 in 2009 from 1.12 million in 2008. Primary residence sales rose 7.1 percent to 4.04 million in 2009 from 3.77 million in 2008.”

Home Loan Demand Up as Purchase Activity Gains

“U.S. mortgage applications rose in the latest week for the first time in three weeks as demand for home purchase loans reached the highest level since October, data from an industry group showed on Wednesday.”

Brazilian Style Living in Southern California – MLS Inventory Creeping up, Section 8 Vouchers for Granite Countertops, and California Budget Going Mayan in 2012

“One thing is painfully clear about this housing bubble bursting here in Southern California and that is many of the 20 million residents never venture off their beaten path. Hit the freeway to work, stay inside, clock out, and head back to your segmented area. Variety is having lunch within a few minutes or miles from the hub. You have to wonder how many people are blind to the economic destruction that is hitting from all corners like a financial tornado. Foreclosures are raging and yet you have people gleefully acting as if real estate is heading back to 2006 and 2007 price levels. Those

Homeowners balk as property tax bills stay high

“Javier Hyland was furious when he got his latest property tax bill from Miami-Dade County.

First, the county put the value of his ocean-view apartment at $417,000. He can’t see any way the place is worth more than $400,000 after a meltdown in the South Florida real estate market. Worse, the county assessed his neighbor’s bigger, nicer, newer flat at only $407,000: “Is that fair?” asks Hyland, a pricing manager for a shipping company.”