Taken from: WASHINGTON (MarketWatch) -- Supported by a tax credit, the pending home sales index rose a seasonally adjusted 5.3% in March, and was up 21.1% compared with a year earlier, the National Association of Realtors said Tuesday. In February, the index rose 8.3%, compared with an earlier estimate of an 8.2% gain. For March sales contracts rose 12.7% in the South, 1.9% in the West and 1.2% in the Midwest. Contracts declined 3.3% in the Northeast.
The Tax Credit is now gone and housing may slow but in time natural forces will start moving the market forward. Lawrence Yun of the NAR expects things to pick up second half of 2010. The housing market will indeed need time to recover and the recovery will be tied closely to jobs, the deficit, taxes and productivity in the U.S.
Thoughts on owning a home and investing in Real Estate:
1. The lesson to take from the housing collapse is not that real estate or home ownership is a bad investment but that buying and selling real estate should be taken seriously and should be done with knowledge and with preparation for long-term ownership.
2. It is a long-term investment that for many, over the long-term, has provided a wealth or higher standard of living they could not have achieved by working in their field.
3. Putting money in the bank as Warren Buffet stated, "is a poor investment". Some day inflation will return and real estate prices will go up- equity will be earned and those homeowners can then take that equity and invest it or use it to MOVE UP to a bigger home or one in a better location.
4. You need a place to live so this investment offers something most other investments do not offer- no matter what happens in the market, that property will still exist.
5. The majority of homeowners with a loan WERE RESPONSIBLE and needed no assistance.
6. If regulations better limit borrowers perhaps this will never happen again... if not.... we will see something like this down the road.
Tuesday, May 4, 2010
Friday, April 30, 2010
Tax Credit for Home Buyers Expires TODAY
Yesterday I spoke with Neil Cavuto on the Fox Business show "CAVUTO" about the expiration of the tax credit. I went on the record saying that the tax credit was necessary to get buyers off the fence at a time there was so much fear in the marketplace. The tax credit targeted low-end housing (where the most distressed appeared) and first-time home buyers. At one point 50 percent of the buyers were first-time buyers so this tax credit worked. Latest reports now show that investors were responsible for 19 percent of the transactions in March. Most of these investors are not motivated by the tax credit or interest rates since a large number purchase with all cash. I stressed that it is the price that has brought investors back into the marketplace: therefore, we do not to give a tax credit when buyers are now buying in all price ranges because of attractive prices that exist today.
Consumer confidence is also much higher-in April it measured at 57.9 percent. February pending home sales are up and the number of homes sold nationally have been up year over year for the last 9 months. New home sales were up in March (and beat estimates) and the stock market has come back giving many the feeling of being wealthier than a year ago. This also could be one reason housing has shown strength.
Warren Buffet said the he does not agree that "cash is king" as he thinks cash is a poor investment. So if investing is the smart thing to do then buying real estate at a time when rates and prices are low is the way many people are moving. Almost anyone can understand how to buy and sell homes but investing the same amount in stocks is something most would need a far greater amount of knowledge and time to properly manage long-term.
Consumer confidence is also much higher-in April it measured at 57.9 percent. February pending home sales are up and the number of homes sold nationally have been up year over year for the last 9 months. New home sales were up in March (and beat estimates) and the stock market has come back giving many the feeling of being wealthier than a year ago. This also could be one reason housing has shown strength.
Warren Buffet said the he does not agree that "cash is king" as he thinks cash is a poor investment. So if investing is the smart thing to do then buying real estate at a time when rates and prices are low is the way many people are moving. Almost anyone can understand how to buy and sell homes but investing the same amount in stocks is something most would need a far greater amount of knowledge and time to properly manage long-term.
Monday, March 29, 2010
Connie Appeared on Fox Business to Discuss New Housing Plan
Connie appeared with David Asman to discuss this new plan to help keep more people in their homes and if it is fair. To see the clip just click on this link: Here are a few comments from that appearance.
Mark Whittington commenting on administrations new idea for housing.
"Horrible, all they are doing is delaying a real recovery at an huge cost.
Obama said it won't cost anything cuz they are using TARP money. Where the hell does he think that's coming from, the tooth fairy?"
Roberto Magalhaes commenting on appearance regarding the new housing plan to help borrowers: "In a free market, everyone and anyone needs to stand to lose-
accountability is key. It would be great if Fox had you on additional panels !!!"
Mark Whittington commenting on administrations new idea for housing.
"Horrible, all they are doing is delaying a real recovery at an huge cost.
Obama said it won't cost anything cuz they are using TARP money. Where the hell does he think that's coming from, the tooth fairy?"
Roberto Magalhaes commenting on appearance regarding the new housing plan to help borrowers: "In a free market, everyone and anyone needs to stand to lose-
accountability is key. It would be great if Fox had you on additional panels !!!"
Wednesday, March 10, 2010
Administration Pressured To Give People Good News- Can They Help Housing Recover Faster?
The Administration is probably under a lot of pressure to help housing since so many have been affected by it. The tax credits were easy to apply and did help. Extending the tax credit and expanding it was a good idea but this new idea to possibly require lenders to modify is a scary scenario that could backfire as lenders may then raise fees to cover their risk. I do think that offerring an incentive to servicers of loans is a good idea and especially for the servicer of the second loan since they have often been the problem. Nevertheless, the idea to offer homeowners tax payer money to relocate when they defaulted on a loan is wrong in the short-term and even worse in the long-term. Should government be the parent? Will the government take care of those struggling to pay car loans, credit cards? Where will it end and how is this good for the country? Do we want to make it easier for people to depend on the government? I thought this Country put faith in the people.
Here's what is happening in Real Estate Today:
The housing market needs time to recover and the recovery most likely will be slow and will depend on how quickly jobs are created. There is no quick fix.
1. Commercial Real Estate is a problem that lenders are currently trying to work out with borrowers. There are many properties going back to the lenders while there are terrific opportunities for> qualified investors to pick up these properties at about half what it may have been 2 years ago! There are plenty of investors ready to buy distressed commercial properties.
2. Residential is picking up due to lower prices and tax credits that pushed the low-end home buyers initially and now with Sellers lowering their prices in all markets, more traditional sales are occuring and>> more higherd homes are moving. There is still a problem getting bigger loans (jumbos) and this has shut out many buyers.
3. Today buyer's expect a DEAL. If your property is priced too high, it may be ignored by buyers today.
4. Many buyers wasted a lot of time and money chasing distressed sales>> and lost to other buyers or wasted a lot of their time and money chasing short-sales. If a short-sale was placed on the market without approval from the lender then it could take months or in my case, 5 months, before approval. Many buyers can't wait that long and after waiting there is no guarantee it will be approved so the buyer may have to> start looking all over again.
Here's what is happening in Real Estate Today:
The housing market needs time to recover and the recovery most likely will be slow and will depend on how quickly jobs are created. There is no quick fix.
1. Commercial Real Estate is a problem that lenders are currently trying to work out with borrowers. There are many properties going back to the lenders while there are terrific opportunities for> qualified investors to pick up these properties at about half what it may have been 2 years ago! There are plenty of investors ready to buy distressed commercial properties.
2. Residential is picking up due to lower prices and tax credits that pushed the low-end home buyers initially and now with Sellers lowering their prices in all markets, more traditional sales are occuring and>> more higherd homes are moving. There is still a problem getting bigger loans (jumbos) and this has shut out many buyers.
3. Today buyer's expect a DEAL. If your property is priced too high, it may be ignored by buyers today.
4. Many buyers wasted a lot of time and money chasing distressed sales>> and lost to other buyers or wasted a lot of their time and money chasing short-sales. If a short-sale was placed on the market without approval from the lender then it could take months or in my case, 5 months, before approval. Many buyers can't wait that long and after waiting there is no guarantee it will be approved so the buyer may have to> start looking all over again.
Monday, February 22, 2010
Will Washington Extend The Tax Credit For Buyers past April 30th?
Taken from the Wall Street Journal-online
The National Association of Realtors and other industry groups are beginning to make the rounds on Capitol Hill to press their case, which goes something like this: We know you’ve extended the tax credit two times already, but the housing market is still fragile, the tax credit is working, and don’t forget– you’re up for re-election soon. In other words, do you really want to own the next leg down in home prices?
They’ll also make their case by reminding pols that a series of other market supports are being removed, the largest of which is the Federal Reserve’s purchases of $1.25 trillion in mortgage-backed securities that expires next month and has pushed mortgage rates to postwar lows for much of the past year. The Federal Housing Administration is also under pressure to pull back its lending, and more foreclosures could add to the housing inventory as borrowers fail to qualify for modifications.
Industry groups are also pushing the argument that the credit should be extended because it’s taking so long for banks to approve short sales, where lenders agree to a sale for less than the value of the mortgage.
To recap, Congress first passed a $7,500 tax credit in 2008 for first-time buyers, but that credit had to be repaid over 15 years. When it expired one year ago, Congress extended it, expanded it to $8,000, and said it wouldn’t have to be paid back. Just before that credit was to expire last December, Congress extended it again, until April 30 (sales contracts signed by April 30 have until June 30 to close). A new credit of $6,500 was created for current home-buyers. “There’s nothing more permanent in Washington than a temporary tax credit,” jokes Howard Glaser, a housing-industry consultant.
This time, the lobbyists certainly have their work cut out for them. For one, industry groups last time swore that the last tax credit extension would be, well, the last extension. To secure the deal, the lawmaker who shepherded that effort through Congress, Sen. Johnny Isakson (R., Ga.), made clear at the time that extending it again would be a nonstarter. (His spokeswoman says that he has no plans to offer any legislation extending the credit. “Part of the benefit of the tax credit is the urgency of it sunsetting,” said spokeswoman Sheridan Watson.) Economists mostly agree that the tax credit has helped to goose demand and sell more homes, though there’s still considerable debate over just how many homes would have sold anyway.
Mark Zandi, chief economist at Moody’s Economy.com, pushed to extend the tax credit last fall but says now it’s time to let it expire. “It’s worn out its benefit,” he says. “If you extend it again, it isn’t going to do much, and what you’re doing is providing a tax break to folks who bought anyway.”
The National Association of Realtors and other industry groups are beginning to make the rounds on Capitol Hill to press their case, which goes something like this: We know you’ve extended the tax credit two times already, but the housing market is still fragile, the tax credit is working, and don’t forget– you’re up for re-election soon. In other words, do you really want to own the next leg down in home prices?
They’ll also make their case by reminding pols that a series of other market supports are being removed, the largest of which is the Federal Reserve’s purchases of $1.25 trillion in mortgage-backed securities that expires next month and has pushed mortgage rates to postwar lows for much of the past year. The Federal Housing Administration is also under pressure to pull back its lending, and more foreclosures could add to the housing inventory as borrowers fail to qualify for modifications.
Industry groups are also pushing the argument that the credit should be extended because it’s taking so long for banks to approve short sales, where lenders agree to a sale for less than the value of the mortgage.
To recap, Congress first passed a $7,500 tax credit in 2008 for first-time buyers, but that credit had to be repaid over 15 years. When it expired one year ago, Congress extended it, expanded it to $8,000, and said it wouldn’t have to be paid back. Just before that credit was to expire last December, Congress extended it again, until April 30 (sales contracts signed by April 30 have until June 30 to close). A new credit of $6,500 was created for current home-buyers. “There’s nothing more permanent in Washington than a temporary tax credit,” jokes Howard Glaser, a housing-industry consultant.
This time, the lobbyists certainly have their work cut out for them. For one, industry groups last time swore that the last tax credit extension would be, well, the last extension. To secure the deal, the lawmaker who shepherded that effort through Congress, Sen. Johnny Isakson (R., Ga.), made clear at the time that extending it again would be a nonstarter. (His spokeswoman says that he has no plans to offer any legislation extending the credit. “Part of the benefit of the tax credit is the urgency of it sunsetting,” said spokeswoman Sheridan Watson.) Economists mostly agree that the tax credit has helped to goose demand and sell more homes, though there’s still considerable debate over just how many homes would have sold anyway.
Mark Zandi, chief economist at Moody’s Economy.com, pushed to extend the tax credit last fall but says now it’s time to let it expire. “It’s worn out its benefit,” he says. “If you extend it again, it isn’t going to do much, and what you’re doing is providing a tax break to folks who bought anyway.”
Tuesday, February 16, 2010
SELLING YOUR HOME IN 2010
Connie De Groot, a licensed Realtor and Broker in Los Angeles:
Dear Home Seller,
The 2 largest challenges I face selling homes today are finding a Buyer that has confidence to buy in these uncertain times and one who can also obtain a loan with today's higher lending standards.
Here are some helpful tips, that if you follow all of them, you will have an advantage Selling in today’s market.
1. Studies have shown that most buyers make up their minds within minutes of seeing a property. The first impression is often made at curbside and the remaining time is spent justifying that first impression. Give your home a good first impression and here's how to do it:
Have the Seller drive by all comparable homes in the neighborhood and take notes on each home. Finally, have them stand in front of their home and have them compare their home to all the others based on the notes taken. I have found that the Seller does see what needs can be done to give their home an edge. Improvements can be as simple as nice pots with small bushes or flowers at the door, replacing dying lawn with fresh grass, painting trims, a new front door.....the trick is to make it fun and for the Seller to see it as a "race" where the best Seller wins!
2. It is so hard to get an offer today that it is sad when escrows fall apart because a home didn't appraise out or because there were too many issues that came up in the inspection. Sellers need to know their home better than a buyer and before they receive an offer from a buyer. Get an appraisal so that you are reasonably sure of your home's value and get a home inspection and fix those small issues because many buyers do not understand what are big costly issues and what are very minor. You want the buyer to know they are buying a well cared for home.
3. Buyer's decide on price because of the value they conclude. Since home buyers are often swayed by FEELING, if you have fireplaces, nice lighting, water features, anything that adds to the look and overall feeling of the home, PLEASE HAVE IT ON AND WORKING WHEN THE BUYER ARRIVES. I don't care if it is summer, turn that fireplace ON! The buyer will start to think how cozy it will be in the winter to sit in that room next to the fireplace or how lovely a room will be to entertain. You must give buyers the COMPLETE HOME EXPERIENCE.
4. Size, number of rooms and use of rooms are all things that add up to VALUE in the buyer's mind and to a higher offer for YOU. Small rooms should never be left empty since they look smaller and are often forgotten by most buyers when they are writing an offer to purchase. You should always fill those small spaces by putting a bed or giving it a MEMORABLE USE so that room is taken into consideration by the buyer and considered in their assessment of your home's overall value.
5. This point has been spoken of often but still many Sellers do not fully understand: "Take YOU out of the home so that the buyer can see himself/herself living there". So take some of the photos down or anything that can distract the buyer from the great features your home has to offer a buyer.
6. Many times. when people move, they think about buying new furniture for their new home. If you are one of those Sellers, do not let the buyer know you will leave couches, TV's, etc. wait until their is a problem in the deal such as an agreement in the purchase price, a renegotiation after the inspection or if the buyer is feeling less confident they have a "GOOD DEAL". If you are at such a critical point, offering those items then will give that buyer a good feeling they got more and it will not cost you anything since you might have been planning to donate those items anyway!
7. A point often discussed by many real estate professions is to keep your decor in neutral tones. The reason this advice is very good advice is because you want to appeal to the greatest number of people. Try it, it really works!
8. As a child I use to go with my father to open houses and just loved to look at the model homes because everything was decorated so nicely. If you are near any model homes, I strongly suggest going to look at their choice of color & design and ask yourself the question, "Why do I feel so good in this space" . The answer is what you need to apply to your own home! Besides, you will also get some great decorating tips!
Good luck out there!!Connie De GrootRealtor/Broker
Dear Home Seller,
The 2 largest challenges I face selling homes today are finding a Buyer that has confidence to buy in these uncertain times and one who can also obtain a loan with today's higher lending standards.
Here are some helpful tips, that if you follow all of them, you will have an advantage Selling in today’s market.
1. Studies have shown that most buyers make up their minds within minutes of seeing a property. The first impression is often made at curbside and the remaining time is spent justifying that first impression. Give your home a good first impression and here's how to do it:
Have the Seller drive by all comparable homes in the neighborhood and take notes on each home. Finally, have them stand in front of their home and have them compare their home to all the others based on the notes taken. I have found that the Seller does see what needs can be done to give their home an edge. Improvements can be as simple as nice pots with small bushes or flowers at the door, replacing dying lawn with fresh grass, painting trims, a new front door.....the trick is to make it fun and for the Seller to see it as a "race" where the best Seller wins!
2. It is so hard to get an offer today that it is sad when escrows fall apart because a home didn't appraise out or because there were too many issues that came up in the inspection. Sellers need to know their home better than a buyer and before they receive an offer from a buyer. Get an appraisal so that you are reasonably sure of your home's value and get a home inspection and fix those small issues because many buyers do not understand what are big costly issues and what are very minor. You want the buyer to know they are buying a well cared for home.
3. Buyer's decide on price because of the value they conclude. Since home buyers are often swayed by FEELING, if you have fireplaces, nice lighting, water features, anything that adds to the look and overall feeling of the home, PLEASE HAVE IT ON AND WORKING WHEN THE BUYER ARRIVES. I don't care if it is summer, turn that fireplace ON! The buyer will start to think how cozy it will be in the winter to sit in that room next to the fireplace or how lovely a room will be to entertain. You must give buyers the COMPLETE HOME EXPERIENCE.
4. Size, number of rooms and use of rooms are all things that add up to VALUE in the buyer's mind and to a higher offer for YOU. Small rooms should never be left empty since they look smaller and are often forgotten by most buyers when they are writing an offer to purchase. You should always fill those small spaces by putting a bed or giving it a MEMORABLE USE so that room is taken into consideration by the buyer and considered in their assessment of your home's overall value.
5. This point has been spoken of often but still many Sellers do not fully understand: "Take YOU out of the home so that the buyer can see himself/herself living there". So take some of the photos down or anything that can distract the buyer from the great features your home has to offer a buyer.
6. Many times. when people move, they think about buying new furniture for their new home. If you are one of those Sellers, do not let the buyer know you will leave couches, TV's, etc. wait until their is a problem in the deal such as an agreement in the purchase price, a renegotiation after the inspection or if the buyer is feeling less confident they have a "GOOD DEAL". If you are at such a critical point, offering those items then will give that buyer a good feeling they got more and it will not cost you anything since you might have been planning to donate those items anyway!
7. A point often discussed by many real estate professions is to keep your decor in neutral tones. The reason this advice is very good advice is because you want to appeal to the greatest number of people. Try it, it really works!
8. As a child I use to go with my father to open houses and just loved to look at the model homes because everything was decorated so nicely. If you are near any model homes, I strongly suggest going to look at their choice of color & design and ask yourself the question, "Why do I feel so good in this space" . The answer is what you need to apply to your own home! Besides, you will also get some great decorating tips!
Good luck out there!!Connie De GrootRealtor/Broker
Friday, January 8, 2010
HAPPY NEW YEAR ! HERE IS YOUR 90210 MARKET UPDATE
Hope everyone enjoyed the holidays! Welcome to 2010 and a new year of opportunity! I just wanted to let you know that, although the year is just days old, some homes have already closed escrow!
Homes that SOLD/CLOSED in BEVERLY HILLS 90210 JAN 1- JAN 8
BHPO 2654 Eden Pl., 211 Days On The Market, SOLD At $ 3,100,000, Listed At $ 3,995,000
1704 Ambassador Ave, 55 Days On The Market, SOLD At $ 2,450,000, Listed At $ 2,799,000
616 N Linden Dr., 82 Days On The Market, SOLD At $ 100, Listed At $ 3,499,999
Homes currently PENDING in BEVERLY HILLS 90210 as of Jan 8
9770 Glenside Pl., 433 Days On The Market, Reduced to: 2,995,000, Originally Listed At $ 4,995,000
Looking to sell in this new year.... call Connie!
_________________________________________________________
Homes that SOLD/CLOSED in BEVERLY HILLS 90210 JAN 1- JAN 8
BHPO 2654 Eden Pl., 211 Days On The Market, SOLD At $ 3,100,000, Listed At $ 3,995,000
1704 Ambassador Ave, 55 Days On The Market, SOLD At $ 2,450,000, Listed At $ 2,799,000
616 N Linden Dr., 82 Days On The Market, SOLD At $ 100, Listed At $ 3,499,999
Homes currently PENDING in BEVERLY HILLS 90210 as of Jan 8
9770 Glenside Pl., 433 Days On The Market, Reduced to: 2,995,000, Originally Listed At $ 4,995,000
Looking to sell in this new year.... call Connie!
_________________________________________________________
Tuesday, December 29, 2009
E-mail - Twitter - Skype - Comment - Watch - Interact
CONNIE DE GROOT on FOXBusiness.com LIVE
Speaking about the Case-Schiller Index on Housing release today.
Click Link to view: http://video.foxbusiness.com/v/3955066/rebound-or-rut-2010-housing-market/?playlist_id=87185!
Guests for Today Include:
2. Mark Bronzo , Growth Equity Investment Manager at Security Global Investors
3. Peter Cane, Publisher of Boxoffice.com
4. Matt McCall, President of Penn Financial Group
5. Rick Newman, Chief Business Correspondent at U.S. News & World Report
6. Sean O’Neill, Editor at Budget Travel
JOIN THE CONVERSATIONE-mail us FBNlive@foxbusiness.com or follow us on http://twitter.com/fbnlive
Monday, November 9, 2009
Homes Pending & Sold in 90210 From Nov 1 - 9 !!!
Hello Neighbor,
If you want to see what homes have gone pending, closed escrow and at what price in 90210, just keep checking my website http://www.conniedegroot.com/ and click on IN THE NEWS. I update it every Monday just for you!
Buyers are still out there buying but success requires specialized marketing and a pricing strategy. If you are selling, pricing your home low may not be the way to get the best results. My clients at 1241 Beverly View are one of those successful stories having received multiple offers and the interest continues although we are in now in escrow.
Want to know more? Just give me a call.
_____________________________________________________
1241 Beverly View Drive- NOW IN ESCROW!!!
A beautifully remodeled approx 3000 sq ft One-Story Spanish home with serene views of the city of Beverly Hills, located on quiet cul-de-sac and with traditional spanish accents throughout. This home features 4 Bdrms plus a Maids, a Large Pool, a Living room with a pitched roof & views of city, a luxurious Master Bath and so much more! Most of the rooms open to the pool or have city views and it is just 5 minutes from the center of Beverly Hills and the Beverly Hills Hotel for convenience. For more details call Connie De Groot, Licensed Realtor/Broker in Beverly Hills at Ph 310 913.1184!
______________________________________________________
Homes PENDING in BEVERLY HILLS 90210 - Nov 1- Nov 9
1720 Carla Ridge, Beverly Hills, Listed At $ 4,950,000
BHPO 13377 Java Drive, Beverly Hills, Listed At $ 4,650,000
BHPO 2027 N Beverly Drive, Listed At $1,646,000
Homes SOLD in BEVERLY HILLS 90210 - Nov 1- Nov 9
624 N Hillcrest Rd., 78 Days On The Market, SOLD At $ 4,900,000, Listed At $ 5,250,000
1238 Coldwater Canyon Dr., Beverly Hills, 277 Days On The Market, SOLD At $ 2,850,000, Listed At $ 3,595,000
BHPO 3127 Hutton Dr., Beverly Hills, 89 Days On The Market, SOLD At $ 1,600,000, Listed At $ 1,840,000
If you want to see what homes have gone pending, closed escrow and at what price in 90210, just keep checking my website http://www.conniedegroot.com/ and click on IN THE NEWS. I update it every Monday just for you!
Buyers are still out there buying but success requires specialized marketing and a pricing strategy. If you are selling, pricing your home low may not be the way to get the best results. My clients at 1241 Beverly View are one of those successful stories having received multiple offers and the interest continues although we are in now in escrow.
Want to know more? Just give me a call.
_____________________________________________________
1241 Beverly View Drive- NOW IN ESCROW!!!
A beautifully remodeled approx 3000 sq ft One-Story Spanish home with serene views of the city of Beverly Hills, located on quiet cul-de-sac and with traditional spanish accents throughout. This home features 4 Bdrms plus a Maids, a Large Pool, a Living room with a pitched roof & views of city, a luxurious Master Bath and so much more! Most of the rooms open to the pool or have city views and it is just 5 minutes from the center of Beverly Hills and the Beverly Hills Hotel for convenience. For more details call Connie De Groot, Licensed Realtor/Broker in Beverly Hills at Ph 310 913.1184!
______________________________________________________
Homes PENDING in BEVERLY HILLS 90210 - Nov 1- Nov 9
1720 Carla Ridge, Beverly Hills, Listed At $ 4,950,000
BHPO 13377 Java Drive, Beverly Hills, Listed At $ 4,650,000
BHPO 2027 N Beverly Drive, Listed At $1,646,000
Homes SOLD in BEVERLY HILLS 90210 - Nov 1- Nov 9
624 N Hillcrest Rd., 78 Days On The Market, SOLD At $ 4,900,000, Listed At $ 5,250,000
1238 Coldwater Canyon Dr., Beverly Hills, 277 Days On The Market, SOLD At $ 2,850,000, Listed At $ 3,595,000
BHPO 3127 Hutton Dr., Beverly Hills, 89 Days On The Market, SOLD At $ 1,600,000, Listed At $ 1,840,000
Friday, November 6, 2009
CONNIE ON FOX BUSINESS NOV 5, 2009
Connie was welcomed by host Stuart Varney on Fox Business to discuss extending the tax credit to home buyers into 2010. They covered concerns over the cost, fraud in the program and its effectiveness. Original Air Date: Nov 5, 2009
http://www.foxbusiness.com/search-results/m/27271894/real-estate-broker-supports-tax-credit-plan.htm#q=connie+de+groot
Friday, October 30, 2009
HOMES SOLD in BEVERLY HILLS 90210 OCT 1- OCT 27
The list prices and the prices some of these homes actually SOLD for is evidence that there is room to negotiate! You can see that some of these buyers did very well- congratulations!! Once again, there are deals to be had in all areas and not just with bank-owned properties. If a home is over-priced you may be the only buyer looking at that house and this will give you time to negotiate with the Seller. If you are selling your home today, do yourself a favor, price it right.HOMES SOLD in BEVERLY HILLS 90210 OCT 1- OCT 27
631 N Crescent Dr., Beverly Hills, 14 Days On The Market, SOLD At $ 6,500,000, Listed At $ 6,900,000
705 N Rexford Dr., Beverly Hills, 161 Days On The Market, SOLD At $ 4,100,000, Listed At $ 5,795,000
602 N Bedford Dr., Beverly Hills, 52 Days On The Market, SOLD At $ 3,226,000, Listed At $ 3,725,000
BHPO-9140 Hazen Dr., Beverly Hills, 158 Days On The Market, SOLD At $ 2,278,000, Listed At $ 3,695,000
515 N Alta Dr., Beverly Hills, 42 Days On The Market, SOLD At $ 2,870,000, Listed At $ 3,495,000
515 Alpine Dr., Beverly Hills, 119 Days On The Market, SOLD At $ 2,800,000, Listed At $ 3,195,000
504 N Hillcrest Rd., Beverly Hills, 62 Days On The Market, SOLD At $ 3,180,000, Listed At $ 3,395,000
625 N Alpine Dr., Beverly Hills, 58 Days On The Market, SOLD At $ 3,150,000, Listed At $ 3,700,000
BHPO-1642 Lindacrest Dr., Beverly Hills, 99 Days On The Market, SOLD At $ 2,400,000, Listed At $ 3,353,000
BHPO-2054 Coldwater Cyn Dr., Beverly Hills, 80 Days On The Market, SOLD At $ 1,546,762, LISTED At $ 2,395,000
446 S Camden Dr., Beverly Hills, 89 Days On The Market, SOLD At $ 1,630,000, Listed At $ 1,395,000
BHPO-9545 Dalegrove Dr., Beverly Hills, 6 Days On The Market, SOLD At $ 1,240,000, Listed At $ 1,249,000
BHPO-2250 Bowmont Dr., Beverly Hills, 73 Days On The Market, SOLD At$ 900,000, LISTED At $ 974,800
Wednesday, October 21, 2009
Pending Home Sales and Homes Sold Oct 1-Oct 20th in Beverly Hills 90210
PENDING HOME SALES in BEVERLY HILLS 90210 OCT 1 - OCT 20
Listed Price is the price when an offer was accepted and not necessarily the original asking price.
624 N Hillcrest Rd., Beverly Hills, 78 Days On The Market, Listed At $ 5,250,000
BHPO-1642 Lindacrest Dr., Beverly Hills, 99 Days On The Market, Listed At $ 2,795,000
BHPO-3111 Hutton Dr., Beverly Hills, 23 Days On The Market, Listed At $ 1,850,000
BHPO-3053 Hutton Dr., Beverly Hills, 56 Days On The Market, Listed At $ 2,095,000
126 N Le Doux Rd., Beverly Hills, 13 Days On The Market, Listed At $1,270,000
HOMES SOLD in BEVERLY HILLS 90210 OCT 1- OCT 20
631 N Crescent Dr., Beverly Hills, 14 Days On The Market, SOLD At $ 6,500,000, Listed At $ 6,900,000
705 N Rexford Dr., Beverly Hills, 161 Days On The Market, SOLD At $ 4,100,000, Listed At $ 5,795,000
602 N Bedford Dr., Beverly Hills, 52 Days On The Market, SOLD At $ 3,226,000, Listed At $ 3,725,000
BHPO-9140 Hazen Dr., Beverly Hills, 158 Days On The Market, SOLD At $ 2,278,000, Listed At $ 3,695,000
515 N Alta Dr., Beverly Hills, 42 Days On The Market, SOLD At $ 2,870,000, Listed At $ 3,495,000
BHPO-2054 Coldwater Cyn Dr., Beverly Hills, 80 Days On The Market, SOLD At $ 1,546,762, LISTED At $ 2,395,000
BHPO-9545 Dalegrove Dr., Beverly Hills, 6 Days On The Market, SOLD At $ 1,240,000, Listed At $ 1,249,000
BHPO-2250 Bowmont Dr., Beverly Hills, 73 Days On The Market, SOLD At$ 900,000, LISTED At $ 974,800
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