Technology has been rapidly advancing, especially in the real estate industry. Virtual tours a few years ago were the pinnacle of marketing in the industry. Now, high definition videos are rapidly becoming the standard. Consumers are also less patient than they were a few years ago. They want access to information immediately as well as instant access to their agent.A relatively new company could be the Realtor's new best friend. Clearwire is an up and comer in the high speed broadband market … [Read more...]
Twitter and Facebook Use Voice Technology
September 28, 2009 By 2 Comments
Starting Thursday, Twitter users will be able to make direct voice calls to each other. The service will be provided by a third party company called Jajah, an Internet communications provider. To use the service, users will have to type in "@call@username to contact someone by voice. Facebook is also using voice communication technology courtesy of Vivox. The pros for this are obvious. This will make it even easier to communicate and network with other Twitter users. If someone sends out a … [Read more...]
U.S. Market Still Attracts International Buyers
September 23, 2009 By 3 Comments
Nearly a quarter of Realtors® served international clients in 2008/2009, according to the recently released 2009 NAR Profile of International Home Buying Activity Cloak & Dagger dvdrip Three Way film report. The study shows a decline in the percentage of Realtors® selling homes to foreign buyers compared to previous years: 23 percent in 2009, 26 percent in 2008 and 32 percent in 2007. The percentage of decline, however, has narrowed and mirrors the overall decline in the existing home … [Read more...]
Commercial Real Estate Market Prices Falling
September 23, 2009 By 2 Comments
As many experts have been predicting for months, the commercial real estate market is suffering deep declines in prices. Moody's Investor services reported Monday that sales volume remains low. The Moody’s/REAL Commercial Property Price Indices (CPPI) Beach Kings buy released on September 21st showed a "Steep decline" of 5.1%. Since its peak in October of 2007, the CPPI has slid 39 percent.According to Bloomberg, many experts are predicting that commercial sales will fall to an 18 year … [Read more...]
FIABCI-USA ~ 2009 Fall Business Conference
September 21, 2009 By 1 Comment
September 11-13, 2009 marked the FIABCI-USA Fall Business Conference which was held here in Denver, Colorado. While I've communicated with FIABCI(pronounced FIAPSI) members in the past year or so, this also was my inaugural personal meeting with FIABCI-USA. I must say found myself more than welcome and I was more than stunningly pleased with my experience.The conference started with a series of committee meetings some of which I was unable to attend. I jumped full force into the Membership … [Read more...]
A New Wave of Mortgages Set To Default
September 14, 2009 By 5 Comments
I was surfing the web yesterday and came across this YouTube video of a 60 minutes episode that must have aired recently. The episode was concerning a new wave of adjustable rate mortgages called option mortgages. These mortgages grew in popularity the last few years due to its payment flexibility. A borrower can choose to make payments that are less then the interest due on the mortgage. From a borrowers perspective this seems like a great deal. But According to … [Read more...]
A Guide To International Real Estate & The Global Marketplace
September 14, 2009 By 1 Comment
Knowledge of the market and industry can always be of benefit to REALTORS®. If you you have not already tested the the International real estate waters, what are you waiting for, jump in, the water's warm. You'll find an abundance of opportunity both locally and abroad.Just this weekend I attended the 2009 FIABCI-USA Fall Business Conference here in Denver, Colorado. How could it have been any easier? This was in my back yard. I met such an incredible group of real estate professionals … [Read more...]
Apparently, Twitter Makes You Dumber!
September 9, 2009 By 1 Comment
I came across an article yesterday from Cnet news that caught my attention. The article was about a study conducted by a psychologist from the University of Scotland. The study suggested that using Facebook enhances your intelligence while Twitter in lamens terms, makes you dumber. Her arguments are that Facebook increases your working memory since your trying to keep up with the ever increasing amount of friends one networks with. Twitter on the other hand, since it is a micro blog, reduces … [Read more...]
Will Congress address the Commercial Market?
September 4, 2009 By 3 Comments
Those of us in the real estate industry have been aware that the problems facing it aren't just confined to residential markets. According to a story on Globest, Congress is finally waking up to the fact that the commercial industry is in trouble as well. Federal Deposit Insurance Corp president Sheila Blair acknowledged as much on a recent television interview.The real question is will the government act swiftly enough. Outrage over the mishandling of tarp funds put a damper on the Fed's will … [Read more...]
