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April 13, 2012

MARG ProperTies bags the prestigious ?Innovative Real Estate Marketing Campaign of the Year? Award

 

Mr. Joy, the mascot symbolizing the refreshed brand identity of MARG ProperTies, the real estate arm of MARG Ltd., amongst India’s fastest growing infrastructure organizations, bagged the “Innovative Real Estate Marketing Campaign of the Year Award” in the prestigious ‘Realty Plus Excellence Award 2012’. The award was presented at a grand ceremony in Bengaluru on March 2, 2012.

Mr. Joy, the brand mascot of MARG ProperTies was a breakthrough idea not just because of its uniqueness but also because of the fact that this carefully designed mascot in the form of a home has a brand personality that stands for traits that generate consumer goodwill and confidence.

Mr. Joy comes across as a friendly & trustworthy neighbourhood that always has some valuable expert advice at hand. Mr. Joy has successfully amplified the MARG ProperTies brand positioning of “Joy of ownership” by creating a distinct platform that helps in better brand recall. In a nutshell, Mr. Joy exemplifies the qualities of a mentor, friend and guide towards helping customers to make the best use of available choices.

Commenting on this path-breaking campaign, Atul Raja, Group Vice President & Head of Corporate Communications at MARG who spearheaded the campaign said, “Brands today are faced with myriad challenges as they grapple for customer attention and mind space. As the real estate market evolves, brands are increasing becoming clones of each other. The customer, hence, is given little reason to make an easy choice. We cannot afford to get lost in the sea of sameness.  With MARG ProperTies having a no. of customer centric and unique features, it is imperative that the same is communicated to the customers effectively and Mr Joy is a platform for the same. The importance of differentiated branding in today’s keenly competitive real estate market is paramount. The Mr. Joy campaign clearly succeeded in creating a brand differentiator in an otherwise cluttered category and gave MARG ProperTies a unique identity that is instantly recognizable.”

Touted as a thought led category innovation, this awarded campaign was adequately supplemented by a carefully woven media mix at launch which focused on the high cost print advertising and more rationalized cost approach of PR, outdoor and other BTL ground level activities. The innovation of putting up Mr. Joy lit inflatables on hoardings & pole kiosks and lit cut outs on bus shelters took the entire city by surprise. This was supplemented by other unique BTL activities like human backlits, mall promotions and lit branding on tri-cycles.

S Ramakrishnan, CEO, MARG ProperTies further added, “Mr. Joy perfectly blends with the brand that is known for its excellence in terms of expertise, delivery and its strong customer-friendly approach that infuses joy in the lives of its customers. The friendly demeanor of the mascot has built strong and instant ties with the target group and would continue to give a shot in the arm to the brand. With this joyous ride we hope to enrich and further strengthen our ties with our loyal base of customers.”

Mr. Joy is synonymous with the MARG ProperTies brand and its ethos, values and personality looms large over an ever increasing customer base, continuously striving to meet expectations and achieve customer delight.

Mr Joy is today and iconic brand in itself and is an oft discussed branding initiative in the real estate category. A key factor for the success of the Mr Joy campaign is that this was one marketing initiative that was sustained over a period of time with great passion, intent and strategy. As a result the brand recall attained was very high and Mr Joy is an integral and omni component of all MARG ProperTies marketing initiatives now.

 

About MARG ProperTies

MARG ProperTies, a leading name in the real estate space provides value enriched homes and builds everlasting relationships. Having already sold more than 2.5 million sq.ft. of residential space with many successful projects launched in the last one year, MARG ProperTies offers a wide range of Affordable homes, Urban Smart homes, Integrated townships & Ultra Luxury homes and is poised to build 20,000 homes. MARG ProperTies has added over 3000 happy customers to the MARG family till date.

The MARG ProperTies Promise: Delivering the right product with the right value; Better value to customers through economies on utilities, infrastructure and smarter technologies; Long term appreciation of property; Superior design and flexibility; Hassle-free maintenance support and On time delivery.

The MARG ProperTies Values: Sound investment, 100% Vaastu compliant, Trust, Great design and Assured quality

The MARG ProperTies offerings: Measure & Pay, Upgrade, Great Deals, Zero dead space and 24 X 7 Customer support (Online support, real time customer portals and on-line customer referral system, Relationship managers for personalized selling and consultative approach and Customer delight of Purchase, delivery and after sales experience)

IXACT Contact Real Estate CRM Extends Its Social Media Presence with Google
IXACT Contact, the leading, easy to use, real estate contact management and real estate marketing software for REALTORS® is already very active across the social media web, with popular company pages on Facebook, Twitter, SlideShare, and YouTube.
Read more on San Francisco Chronicle (press release)

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April 3, 2012

Sacramento Real Estate Market Conditions

Basically, the term, “real estate”  is actually refers to a “Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; and also an item of real property; It can be buildings or housing in general.

Real estate can also refer to types business of real estate; the profession of buying, selling, or renting land, buildings, or housing and so on. Investing in this industry is a good idea most specially if you really would like to earn big bucks. Buying repossessed homes is one of the most sought after investments to pursue in this type of industry. Repossessed are considered cheap but elegant homes, investors used to buy multiple foreclosed homes for a very affordable amount and sell it twice the market value.

Just so you know, Foreclosures and short sales have come alive offering buyers the best deal possible.

With the high inventory it is a great opportunity to negotiate a great price on the right home. You may check repossessed homes through Sacramento’s local banks or to your nearest Department of Real Estate (DRE) and check out foreclosed homes that you buy for a very affordable amount.
 
Although we have seen some drawback recently in the activity of the buyers in the market, homes are sitting on the market longer and many times reducing the price to sell. It is a good time to make the offer prior to another surge in buyer activity.
 
Sacramento in general has many unique homes with loads of character. Downtown locations have been steadily increasing due to the high demand from investors, and corporate relocations.

The entire Sacramento region has plans to regenerate numerous areas including Downtown. This is an area that you can feel secure in your investment. While searching here you will find that values can fluctuate dramatically depending upon the location. Foreclosed home prices can be asked through the help of a trusted real estate agent, attend a real estate convention or even to open houses and connect with any realtor or any DRE officers you might encounter there and ask them about the market value of foreclosed properties in the whole region.

Location is the number one factor a buyer should know in buying properties. It is the number one rule every home buyer should put in mind. Location must be peaceful, of course you want to see if your target neighborhood is safe for you and your loved ones. Check out the peace and order situation in the are, go out and ask possible neighbors about it. If you are still not convince yet, you may check the crime rate of the vicinity to the local police department. Keep in mind that you cannot compromise your family’s safety to anyone.

A local realtor in Sacramento said that, Sacramento has many unique homes with loads of character. Downtown locations have been steadily increasing due to the high demand from investors, and corporate relocations. The city of Sacramento has plans to revitalize numerous areas including Downtown. This is an area that you can feel secure in your investment. While searching here you will find that values can fluctuate dramatically depending upon the location.

Sacramento’s real estate market condition is not totally bad but not that good as well. Foreclosures are one of the most important reasons why the industry is still surviving. Investors put their hard earned money to buying multiple repossessed homes and sell it to possible buyers above the actual market value. This trend will most likely to happen for so many years to come.

Looking for Sacramento Real Estate properties? Then visit us at www.DavidYaffeeTv.com! We offer Sacramento Real Estate properties for a very affordable amount! Visit us now!

Five Things Zillow Could Learn From Realtor.com
(This article was originally published on GeekEstate.com, the premier WordPress & Internet Marketing Community For Real Estate.) I wrote a previous piece on the five things that Realtor.com could learn from Zillow including the newer, …
Read more on Seattle Post Intelligencer (blog)

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March 23, 2012

Real Estate Investing Market Strategies

Investing in real estate market involves less risk than many other types of investments. But investing in real estate without having sufficient knowledge on the market can be risky. A savvy investor can make large profits in the property market, despite the fluctuations. Similar to the stock market, investing in real estate can fluctuate widely, and there may not be rapid price declines of the night.

The economy is a key role in determining the property value. Because when the economy suffers, so property values ​​will also be down. When the number of properties have been offered a good price for the property market, so it’s a good indicator of changes in market trends.

If the number of properties listed on the market should be low, then prices will rise because of supply and demand theory.

Price fluctuations in the housing market occurs seasonally. The critical factor in the real estate investor is to be careful when making a decision about buying or selling a property. The investor should analyze the value of the property before he / she decided to buy the property. A real estate investor should plan the strategy for the purchase or sale in the housing market. There is no room for speculation in real estate.

The real estate investment strategies are:

• Pre-Close Features: This is a method of buying real estate where the owners are in arrears with their mortgages and the foreclosure process reported.

• Post-Execution Properties: These properties were officially seized and confiscated by the lender or the lending banks.

• Distressed properties, distressed properties are below market assessment are available on the market. Be knowledgeable about the price of its labor market and the real financial costs, repairs, maintenance and sale before venturing into this type of transaction.

• Sale New Development: This is a strategy that involves buying homes early in the first phase of a new housing development. Again, this strategy will be to your advantage if you’re in a real estate market with rapid real appreciation.

• The purchase of land for construction: This method requires economic resilience and knowledge you can make big gains by buying land and then build a house. One of the best scenarios is to buy enough land to build and sell houses or apartments finished.

• Buy and hold: buying homes or more units and keep it long enough to be the strategy ensured the victory. But it is necessary to analyze the impact of the funding for the cost, the factors of messages, taxes, real estate, management, maintenance, etc.

• Flip Strategy: Buy a house for a quick return strategy is also a regular. With this method, you have the flexibility of a little cheaper; it will not be holding the property for a long period of time.

Although there are many strategies, not all real estate strategies to work successfully in all markets. You must arm yourself with knowledge and tools to implement the strategy for your particular market.

Yasir Samad is a head marketing and SEO consultant for Hilal Technology.
Hilal Technology provides a wide
range of SEO and website design services.

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March 16, 2012

Buying Investment Real Estate In Your Neighborhood

I often get the question, “What do I look for in a neighborhood?”

My answer is always the same.  “Easy.  Value!”

I usually get a strange look, but it’s true.  In a neighborhood, I am looking for clues to assess the value of the property, plain and simple.

Well, maybe not so plain and simple, I know.  So let me explain.

Normally, my rehab properties are not in the expensive areas of town.  It’s rare that you’ll find a rehabber meeting his or her investment goals buying in the expensive parts of town.  There are generally fewer homes needing rehabbing and the fixer-uppers that are there are going for top dollar.  It’s safe to say the bulk of the investor activity is taking place in the mid-to-low range of home prices.

That’s not to say I wouldn’t look in, or buy in, the swank neighborhoods.  Occasionally there are bargains to be scooped up there, but not with enough regularity to focus on.

But, there are some places I definitely WON’T invest in.

 

I won’t TOUCH the urban war zone.  Let me describe what I mean.  

“You don’t go there because it’s common knowledge that you shouldn’t.  If you happen to wander in that area, you are given suspicious looks by all the folks walking the streets and sitting outside their houses.  Your car definitely doesn’t belong there!  It seems nobody takes any pride in their dwelling, and trash seems to be a normal part of the décor.”

Do you know of places like that?  If you are living in a town of any size, you probably know of a neighborhood that fits the above description.

Watch out for is neighborhoods in serious decline.  If the area looks like it soon WILL BE an urban war zone, pass on the deal.  You don’t need a property that is hard to rent or sell.  The holding cost can take your good investment into the red!  You can drive through and pick up many clues in this regard.

-  See if there seem to be a high number of “for sale” signs. If a mass exodus is in progress, you DON’T want to be where everyone is trying to get out.  

-  Check crime statistics with the local police

-  Check recent real estate sales if you can get a peek at the MLS.

-  Ask an appraiser about what values have done in that area over the last couple of years.  Areas in decline usually stand out in your appraiser’s mind, so an appraiser can be a wealth of information.

-  Talk to other investors and wholesalers.  

-  Talk to your title company contact…they often know trends for a given area very well!

Another tactic is to work it the other way.  Find out what’s hot before you start driving and looking!

Talk to your investor friends, wholesalers, appraisers, and title company contacts about what areas are hot for investors these days.  That way, you start learning positive areas and you have the benefit of someone else having gone before you.  Of course, do your own checking but find out where investors are putting their money will give you clues about where you want to invest.  

I would recommend against asking family and friends not related to the real estate industry about neighborhoods.  This is often the worst assessment of value you’ll ever find.  The reactions you’ll get to areas from uninformed family and friends will often be negative based on hearsay.  Get your information from reliable sources and ensure it is based on fact.  

True enough, there are LOTS of neighborhoods that are much better than war zones, yet not in the expensive areas of town.  That’s where my best investments live.

So, what do I mean by value?  

If a property is in an area where you WILL invest, it comes down to the deal itself.  For me, the better the deal, the less I worry about the neighborhood.  As a refresher, here are the basics of property analysis:

-  What can I buy it for?
-  What will it be worth all fixed up?
-  How extensive is the rehab?

Those are the basic questions that must be answered in an individual property analysis, but that’s an article…perhaps a book…for another day.  

In conclusion, determine whether you will invest in a neighborhood, then evaluate the deal itself.  You will probably find that there are some neighborhoods where you won’t invest unless the deal is a home run.  By the same token, there will likely be areas that you feel confident enough about that you’ll take an average deal because you like that particular area.  

You are the investor, and these are the kind of exciting decisions that investor get to make!  Isn’t that what makes this fun!

Read about waking up tired and tired after eating at the Constantly Tired website.

It seems like everyone is talking about appraisals today and a lot of people have questions about the whole process. So what’s an appraisal anyway? An appraisal is what determines the fair market value of your property. The appraisal is performed by a licensed appraiser who provides a professional opinion of the value of your property based on a variety of factors. Its an important part of the mortgage process that needs to happen before the transaction can be finalized. It’s easier to understand the whole appraisal process by breaking it down into three main parts. There’s the Real Estate Inspection. The Comparables. And The Final Report of Value. The real estate inspection will take anywhere from 10 to 30 minutes based on the size of your home. The appraiser will record things like square footage, the dimensions of your property and the number of rooms in your home. He’ll verify his findings with information provided by third parties such as the real estate multiple listing service and county records. The next step is for the appraiser to evaluate Comparables. Comparables are recent home sales in and around your neighborhood. Analyzing these recent past sales helps an appraiser determine the current market value of your home. And when I say recent, I’m talking 3 to 6 months. This is important because comparable sales from many years back may not reflect true home values today. When selecting comparable properties, the appraiser is looking for some very specific things
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March 14, 2012

St. Louis Real Estate Market Projection 2011

There is a debate amongst economists, REALTORS and other analysts regarding the stabilization of the real estate market in 2011. According to a report in Major Metropolitan Market Forecasts in 2011 the St. Louis real estate market ranks 21 out of the 230 markets included in the House Predictor results released at the beginning of the year. Although this period continues to be very trying for home sellers it presents great opportunities for those looking to get into the St. Louis housing market.

Some argue that the real estate market in St. Louis may not bottom out in 2011, while others predict that it will take another year or two before the real estate markets stabilize. The reason for the debate is that there are number of factors, both localized and nationally, that are used to evaluate market conditions and establish forecasts. Things like the volume of home sales, mortgage lending statistics, new home construction figures, regional economic growth and development, commercial building starts, employment levels, historical trends and consumer confidence are all taken into account.

Last year the St. Louis Association of Realtors hosted an event in which the Chief Economist for the National Association of Realtors Dr. Lawrence Yun was the feature speaker. His Housing Market Outlook projects the following:

5.6 million resale houses will sell this year (up 0.3 million from 2010)
570,000 new houses will sell this year (up 170,000 from 2010)
There will only be a 2-3% increase in house values (compared to 0-2% for 2010)
If there is a double dip in the market it will much milder than the first one

In a recent article by the St. Louis Business Journal St. Louis home prices were compared to previous area statistics. The figures paint a bleak picture indeed. Overall home sales (including distressed sales) dropped by nearly 8% in November of 2010. Even when the figures were analyzed to exclude the distressed transactions (which include foreclosures, short sales, bank and real estate owned properties) the year-over-year home prices were down 3%. Nationwide figures are not much better. Overall sales figures (which include distressed sales) fell 5% while figures which exclude the distressed sales still fell 2%.

The St. Louis real estate market first appeared to be stronger in the spring and summer of 2010. The majority of this was due to the $ 8,000 tax credit for first-time home buyers which according to Tim Logan of SLToday.com had an outsized influence in a modestly-priced markets like ours. Dr. Yun takes it a step further and claims that 1 million of the buyers would not have purchased a house without the tax credit while 3.4 million buyers would have bought a house regardless. He credits the program for reducing the inventory of houses for sale by 1 million and helped bring about the early stages of stabilization.

Since psychology is one of the driving forces behind the real estate market today the unemployment rates and population figures are a valid determining factor in market projections. Using these and other figures Dr. Yun predicts the short term inventory conditions will look very unfavourable. The reason being that there are basically the same number of jobs today in the U.S. that there were 10 years ago, but we now have 30 million more people than then.

According to Dr. Yun several factors will continue to affect the St. Louis real estate market. The high unemployment rate is taking its toll on the area and it is predicted that it will take 4 to 6 years to get the unemployment rate back down to 5-6%. Short sales and foreclosures account for 35-40% of house sales (they should only account for about 5%) and these rates are expected to remain for about two more years.

Furthermore, new housing starts have not increased with the population. This means that although the population has increased the demand for housing has not. This is due to the fact that many people cannot comfortably afford to go it alone. More and more frequently people and families are doubling up either by taking in room-mates, living with parents longer and helping them to pay their mortgages; senior parents are choosing to live with grown children.

There is a significant decrease in the number of people who are moving inter-state and with the unfavourable employment figures inter-stators are reluctant to relocate to areas which are experiencing the brunt of the financial turmoil. Even within the state there is a modest decrease in the number of people who are moving.

Economists continue to debate as to when the St. Louis real estate market will stabilize and with so many local and national factors to consider, it is a very daunting task indeed. The Clear Capital One-Year Metro market Forecast claims that the wild spikes that the market experienced in 2010 will likely be replaced with more gradual price trends for 2011. The current St. Louis real estate market is being driven by psychological factors and the high ratio of short sales and foreclosures and the rather dismal unemployment statistics are not instilling residents with a great deal of consumer confidence.

As 2011 progresses above average foreclosure rates and low interest rates should promote buyer activity in the St. Louis area. You can expect a St. Louis real estate agent to have some very attractive offers for a buyer. This will help offset some of the prevailing doom and gloom sentiment created by an uncertain economic forecast, above average unemployment and high foreclosure rates. A full St. Louis real estate market recovery is heavily tied to the national economic outlook and will not experience a full recovery to economic confidence is developed on a national level.

Savvy homebuyers can capitalize on the St. Louis market environment by realizing housing values that may not be seen again for generations. Working with good St. Louis Realtors should help them get great deals. Home sellers unfortunately will look forward to long sale times, lower prices and lots of competing properties. Those homeowners that are currently struggling are unlikely to find help in 2011 as support for homeowners is limited at this time. Without speedy government intervention foreclosure rates will continue to rise as the year goes on. You can know more at http://agentsranking.com

Chuck Harris is the founder of Agents Ranking; a Minnesota company that helps home buyers & sellers throughout Minnesota connect with the best real estate agent for their particular needs. It provides a unique free consulting service to those who want the best Minnesota REALTOR possible. Know more about St. Louis Realtors at http://agentsranking.com

Harbor Properties, Inc., Formally Announces New Partnership with Urban
SEATTLE, Mar 14, 2012 (BUSINESS WIRE) — Harbor Properties, Inc., one of Seattle's preeminent multifamily real estate developers, formally announced today the closing of a new partnership with Urban Partners, LLC, and AREA Property Partners.
Read more on MarketWatch (press release)

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January 24, 2012

Leading Northern Virginia Real Estate Agents

Northern Virginia real estate agents have experience in short sales, foreclosures, and sale of property. They are the best to deal with the sale or purchase of your property. Qualified and efficient real estate agents have the customers’ best interest at heart and give them the best value for their money. Your property is your lifetime investment. It is of prime importance that your dealings should be according to the Northern Virginia property values when you buy or sell.

Top Realtors

If you want to find the best Northern Virginia real estate agent, you don’t have to look far. The Coldwell banker premier real estate agents are there for your needs. With an impressive number of sold properties, Northern Virginia’s top real estate agents can assist you across the state and Maryland in foreclosures, short sales, leasing, and acquisitions, among other services. They are the lifetime top producers for buying or selling your home who have your best interest as their priority.

Dealing With Short Sales

If you are faced with selling your home due to financial problems or risk of foreclosure, you can find a short sale agent Woodbridge Northern Virginia. The agent can help you, as this is probably your best option. The occurrence of this phenomenon is increasing; many homeowners are forced to take this decision. You can depend on the Dynamic Duo & Associates with Coldwell Banker Residential Brokerage to help you modify the loan as it will cost you less. This is the proof that customers are more important to the team by offering this free service.

Best Assistance Provided

If you own a home anywhere in Northern Virginia, for example, Fort Belvoir the real estate agents of leading companies can help you make your important decisions about buying and selling. They do their best to market your property to your complete satisfaction and make successful transactions that help you.

Coldwell banker premier real estate agents are miracle workers and the foremost among Northern Virginia real estate agents. These agents deliver results when you have all but lost hope about your property goals. They are the industry leaders on whom you can depend and trust with the myriad of decisions regarding selling or buying your home. All the stress of negotiations, processing of sales, marketing, and financing is taken care of by their expertise in the market. You get a realistic view of your choices; all your questions are answered clearly and with the right facts. The services are available in cities such as Woodbridge, Manassas, Lorton, Alexandria, Fairfax, McLean, Oakton, Great Falls, Arlington, Bristow, Burke, and Annandale.

When you buy property in Northern Virginia, there are so many details involved. These include your agent, lender, lawyer, home inspector, and contractor among other issues. You need to find the right home that suits your needs and budget, observe market trends, and then calculate the amounts. When you sell, you also need to look into many details. For all this what can be better guide than accomplished and experienced realtors?

Experienced and established Northern Virginia real estate agents are able to accomplish sales even in a slow market in record time. They provide you with the valuable information about your buying and selling as they are aware of all the aspects of the real estate market. You will be glad that you contacted Coldwell banker premier real estate agents. This is because they help you avoid errors during buying or selling and make a successful sale or purchase.

Visit www.homessolidasarock.com to get information about the premier Northern Virginia real estate agent who can provide the best assistance for sale or buying property.

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January 23, 2012

Recent Real Estate Sales in Huntington Beach

The Huntington Beach Real Estate Market Today

As of this writing, there are a total of 529 active single-family listings in Huntington Beach.  The average asking price is $ 863,000 and homes remain on the market about 107 days.  As for condominiums, there is a total of 336 currently listed for sale with an average price of $ 406,186 and usually sell within 103 days.

 

Recent Sales Report for Huntington Beach from 3/21/2011 to the present

For all of Huntington Beach 71 single-family homes were sold. The average sales price was $ 785,073 and sold after 134 days on the market.  The price per square foot comes to $ 368.  With an average of 129 days on the market, 51 condominiums were sold with an average sales price of $ 375,865 and price per square foot of $ 294.  The minimum sales price for the area was $ 145,000 and the maximum was $ 1,175,000.  These sales occurred in the following areas:

Fountain Valley / Northeast HB

In the northeast area of Huntington Beach a total of 3 single-family homes were sold with an average number of 158 days on the market.  The price per square foot in this area is $ 367.  The lowest sales price in this area for this time period was $ 440,000 and the maximum price was $ 509,000.  Only one condominium was sold for $ 248,000.  It was on the market for 247 days and the price per square foot is $ 325.

 Northwest Huntington Beach

In this section of the city 21 homes were sold with an average days on the market of 143.  The average sales price was $ 821,370 and the price per square foot is $ 372.  The highest priced home sold for $ 1,890,000 and the lowest sold for $ 367,000.  A total of 11 condominiums sold in this area for an average price of $ 324,000 and 116 days on the market.  $ 275 is the average price per square foot.

The highest priced home in this area went for $ 633,000 and the lowest was $ 145,000.

 

 South Huntington Beach

In this part of town the average number of days on the market was 114 and a total of 15 homes were sold for an average of $ 572,773 and $ 338 per square foot.  The most expensive home sold for $ 772,500 and the least expensive home sold for $ 250,000.  Condominiums sold on average within 113 days for an average price of $ 304,759 and a square footage cost of $ 276. The highest priced condo to sell was $ 470,000 and the lowest was $ 230,000.

 
West Huntington Beach

Finally, West Huntington Beach had the most activity with 32 homes and 18 condominiums sold during this time period.  The price per square foot for homes was $ 379 and $ 324 for condominiums.  The average price of a home in this area was $ 890,400 and $ 495,619 for condominiums.  The highest priced home to sell went for $ 1,900,000 and the lowest was $ 385,000.  The highest priced condominium went for $ 1,175,000 and the lowest sold for $ 165,000.

Summary

With this detailed information about sales in the Huntington Beach real estate market you can get a very accurate city-wide picture of prices and values.

 

 

Noel Markham

http://www.sellrealestate.net

 

To find more information about recent sales in all of Orange County, visit http://www.propertyinhuntingtonbeach.com/. Charlie Finn is an agent who always keeps buyers and sellers well informed.

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January 18, 2012

Buying A Short Sale Step By Step – Can You Short Sale Buy Commercial Real Estate?

Buying A Short Sale Step By Step

In building a short sale business, there are three areas that must be addressed: Property Acquisition, Negotiation, and Property Disposition. Understanding how each piece along with their corresponding parts fits into the puzzle of establishing a short sale business will provide the structure investors need to streamline their business for efficiency and profitability. The best way to explain these areas is to break them down into divisions. Imagine a business with different divisions each performing their required duties. Just like a Fortune 500 company with divisions, the short sale investing business has divisions each responsible for their part. If a foreclosure property is to transform into a profitable transaction each of the following divisions must successfully perform their required duties.

The information below is a summary of each division. The first step in the short sale investing process concerns the acquisition of leads and properties. The front end of the business is the responsibility of the Property Acquisition Department, which functions as the marketing and sales specialists.

Responsibilities for the marketing specialist consists primarily of any activity that digs up new leads and opportunities. Once a homeowner is served their paperwork from the courts, the foreclosure proceeding is in the public record for all to see. Going to the courthouse and obtaining the new list of pre-foreclosures, working with a list provider or receiving the email list of pre-foreclosures are all ways to obtain “the list” of new homeowners that were just served their foreclosure papers.

Working with local papers that list properties in foreclosure is another standard way to obtain leads. The pre-foreclosure leads provided will range in values and location. Be sure to review the list of zip codes so that the marketing is targeted to areas that are favorable. This is called your “sweet spot.” Once a targeted list of names is obtained, scrubbing the list through a skip tracing service is the next step. Buying A Short Sale Step By Step

The sales specialist is the dedicated person who will go out on all new “buy” appointments, generate leads, and establish the referral network. This individual is commonly known as “the buyer.” Along with marketing, meeting sellers, evaluating properties, door knocking and cold calling this person is the “face” of the company. The most important revenue producing activities fall upon the shoulders of the buyer because the buyer brings in properties that create opportunities. The buyer should feel comfortable working with people in distress; moreover, he or she should enjoy the particular demands that a sales style job brings. When working with prospective clients either on the phone or in the field, it is essential that the buyer use the appropriate sales language.

Markets tend to shift quickly. When investors realize that they are in a certain market they may find that the market is about to change again. Making a fortune in real estate thankfully does not depend on shifts in the market place. It’s not like stock investing in which most people only make money when the market goes up. In the case of foreclosure investing and short sales, the market does not determine success. You do. Your creativity and drive will determine the outcome of your real estate investing business. Unfortunately, so many moving parts can leave even experienced real estate professionals new to short sales bewildered. What should the new or experienced investor do to get a solid start? Buying A Short Sale Step By Step

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December 23, 2011

Real Estate Markets Favor Buyers

There is a trend in the real estate market that moves periodically from the seller’s advantage to the buyer’s advantage when dealing with a house. Currently that trend is in favor of the buyers that are looking for Pelham AL homes for sale. With the Pelham AL real estate market being influenced by the foreclosures and short sales that are taking place across the country, buyers are in a position to purchase property for a discounted price that has never been witnessed before. With a number of resale homes available and the addition of bank owned property being put up for sale homebuyers that have wanted to upgrade to a more luxurious residential house or who have been putting off buying property can now take advantage of the lowest housing prices in decades.

Traditionally the Pelham AL real estate market has seen an increase in property values and subsequent home sales prices steadily rising in the past. But due to the bank foreclosures that have been hitting record numbers the prices of Pelham AL homes for sale has dropped making it an ideal market for buyers to make their move into a discounted property. Knowing that the economic recovery is under way and that the property values of homes across the nation are beginning to rise, buyers that are qualified for a mortgage can lock in the best price that has ever been available on a 30 year fixed mortgage. Add to that the exceptional bargains that are being offered by the Pelham AL real estate market and buyers are positioned to take advantage of the best deals in real estate that will ever be offered.

As the Pelham AL real estate market continues to gain strength the lower prices of homes for sale will begin to climb. In neighborhoods where resale properties are already seeing small increase in pricing, the recovery is already taking place and before the Pelham AL homes for sale begin to return to where they were a few years ago, buyers can save tens of thousands of dollars on their purchase of a house. With the equity that will be built up over the coming decades through the return of property values, smart investors and new home buyers are able to pick up the lower priced properties throughout the state and see a healthy return on their investment once the economic recovery has taken place and the momentum for pricing the Pelham AL homes for sale returns to where it was before 2009. With the right brokers and agents working for them, people throughout Pelham AL can purchase homes that are the right fit for their family and save thousands of dollars in the process.

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December 21, 2011

Real Estate Lead Generation: How to do It the Modern Way

Article by Jeff D

As a professional Realtor, chances are you are aware that real estate lead generation techniques should be as dynamic as the constantly evolving industry. Market needs and demands are continuously shifting, so it is important for you to come up with new strategies that are in step with the times. But did you know that there is a big difference between just modern lead generators and truly innovative techniques that best build your name in the industry?

Basically, lead generation isn’t about selling your properties, but about selling your name as brand. You need to present yourself first as trustworthy, knowledgeable and proficient, and the sales will follow as surely as there are demands.

When you implement real estate lead generation techniques, you want to attract both buyers and sellers to take advantage of the portfolio of properties you are managing. You want to help every client be connected with properties that best suit their specifications, budget, and lifestyle.

Modern Traditional vs. Modern Innovative

In recent times, real estate lead generation techniques such as acquiring e-mail addresses, building social networking contacts, joining online mailing groups are by now considered traditional. This is because going online and doing research through the Internet has become the natural course for obtaining information.

However, simply obtaining a bunch of emails still would not be able to give you an idea what they want or need in terms of property acquisition. Essentially, that would be just like the cold telephone calls of olden times, where real estate agents blindly peddle their services with only a generic framework to get them through a dialogue.

The truly innovative way of generating leads maximizes technology and the Internet arms real estate agents with vital information freely given by potential clients. This will equip them as they customize their offers that would best lead to a successful sale.

One of the best tools for innovative real estate lead generation is by building purpose-specific websites that can be a primary source of information for people interested in entering into real estate dealings.

Some of the most innovative techniques offer free online services that add value to your name and brand are the following:

1. Multiple listing service (MLS)2. Property search by email3. Comparative market analysis (CMA)4. Mortgage calculator5. Specific real estate updates by locality/area6. Real estate e-book, newsletter and other helpful publications7. E-courses or actual live property management workshops

These are just some of the elements that you can add on to your website to make it more informative, interactive, and therefore appealing for users to visit regularly. Their common trait is to provide highly useful information and free service to potential clients who will undoubtedly appreciate the extra effort you spend for their needs. What’s more, these add-ons do not require costly investment; you just need to find a reliable contractor to provide a packaged, all-in-one service for your lead generating needs.

Ultimately, the most innovative real estate lead generation technique may use the most revolutionary technology available, but its success still relies on the classic values and reliability of excellent customer service.

For more information about Jeff D visit Stealth Agent.










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