Connecting with other Real Estate Professionals

One of the keys to success in real estate is not one that many professionals pursue, connecting with other agents outside of their market. You may wonder why do that, after all, you’re in the business of meeting buyers and sellers in your home town. Very true and that is absolutely your first priority. But [...]

Southern California Market Report

I was checking out some sites in Southern California. Like Nevada, California has a fairly high number of foreclosures happening in some areas. If you do a search for California cities that have high foreclosure rates, you’ll get quite a few results. Despite the high number of foreclosures, the southern California market is recovering. I’ve been [...]

Real Estate rout may be short lived

According to a recent article by Barron’s, the real estate slump may be over sooner then we think.  Despite the record number of foreclosures and homes on the market, and widely ignored in the media, was the news that home prices actually rose, (slightly) between March and April, in eight of the 20 markets covered [...]

ePerks: What were they thinking?

If you are a frequent visitor of the Bloodhound blog or Active Rain, you’ve probably read about the ongoing saga of ePerks suing a blogger because they are unhappy with his posts.  Having read several posts about the company as well as feedback by some of their customers, I have to wonder exactly what the [...]

Meritage homes 2008 first quarter results

This is taken from a press release by Meritage Homes Corporation:
FIRST QUARTER 2008 HIGHLIGHTS:
– Generated approximately $80M positive cash flow from operations
– Paid down debt by $80M, nearly eliminating outstanding bank debt
– 47% net debt-to-capital ratio; $377M available borrowing capacity at quarter-end
– Reduced inventory of unsold homes by 31% to 768 at quarter-end
– Reduced total lot [...]

CB Richard Ellis continues its brand dominance

For the past six years, one company has continued to be the globally recognized brand name for commercial real estate, CB Richard Ellis. So it was no surprise that out of the more than 20,000 surveyed real estate professionals one name came out on top again—CB Richard Ellis. The company has continued to dominate the [...]