Facebook made its “awesome” announcement last week, introducing video-chatting service Skype into the site. Do you find this “awesome”?Step aside, Myspace. LinkedIn is now the second most popular social networking site behind Facebook. Visitors to the site in June were up 63 percent from a year Continue Reading
Jul
08
2011
Week in Review: What We Liked From the Week That Was
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While 4th of July week usually send lots of eyes to the skies in search of spectacular fireworks shows, in Arizona, Mother Nature took center stage. Haboobs -- or severe sand storms – darkened the midday skies over Phoenix and extended 100 miles wide. The images coming out of the Grand Canyon Continue Reading
Jul
05
2011
The REport
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In an interesting social media initiative, American Express is allowing small business customers to purchase Facebook ads with Membership Rewards points. Each $6,750 spent with American Express can be redeemed for $50 worth of Facebook advertising. Would you redeem your points for some real estate Continue Reading
May
13
2011
Week in Review: What We Liked From the Week That Was
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As the Mississippi River flooded many cities along its banks and citizens downstream braced for the worst, the harsh realities of the real estate market in the past few years were made abundantly clear by a new report from Zillow. Home prices in 10 U.S. cities -- all in Florida and California, save Continue Reading
Apr
29
2011
Week in Review: What We Liked From the Week That Was
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Happy royal wedding day! Did you watch this morning? Check out the newlywed’s new living accommodations. Not too shabby quarters to start out in! From regal accommodations to more modest abodes…. In a way to put low-income people in affordable homes, Dan Phillips builds $10,000 homes from recycled Continue Reading
Apr
15
2011
Week in Review: What We Liked From the Week That Was
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Fifty years ago this week the “Space Age” began when Russian Cosmonaut Yuri Gagarin orbited the Earth exactly once. Since then, a rover has been placed on Martian soil, a constantly orbiting International Space Station and a space telescope capable of seeing far away galaxies. What do you think the Continue Reading
Mar
19
2011
Week in Review: What We Liked From the Week That Was
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This week, the Home Affordable Refinance Program, which allows homeowners to refinance upside down mortgages, was extended another year. Republicans in the House of Representatives voted to end the Emergency Homeowners’ Loan Program, an unemployment-assistance measure which technically has not even Continue Reading
Feb
24
2011
Financing, Financing, Financing ….It’s all in the Financing!
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Five years after we entered this current downturn, some real estate professionals still attempt to close transactions through the sole use of traditional forms of financing. By traditional, I am referring to “30-year fixed”, “ARMs” and “Balloon” mortgages, yet these financial tools can hardly be Continue Reading
Feb
18
2011
Week in Review: What We Liked From the Week That Was
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“Black Friday,” typically associated with the busiest holiday shopping day of the year, is switching seasons. Home Depot will run "Spring Black Friday" promotions geared at homeowners looking to start their gardens and other products to spruce up their outdoor areas (think: sales on lawnmowers, Continue Reading
Feb
11
2011
Week in Review: What We Liked From the Week That Was
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The fate of Fannie and Freddie was determined on Capitol Hill this week as a proposal from Treasury Secretary Geithner laid out three proposals for reducing the government’s role in the housing system, including shrinking the role of the two mortgage agencies. There is likely to be much conversation Continue Reading
Week in Review: What We Liked From the Week That Was
Our nation’s capitol is home to some of the best museums and historical monuments in the country, but is it also home to the area of the most promising real estate recovery? Yes, according to a survey that found home prices in Washington D.C. have risen 4.4% during the first six months of the year Continue Reading