Activity in our area is still bumpy. A little up and then a little quiet. People waited for after the election, we thought.  

REO’s are selling. One lady at our Church just bought one and has a LOT of fixing up to do. We know about special financing to help that.

I have two short sales for this year one a list and one a buy. There is just a lot of waiting on those.

Progress for me -last month sold one and this month leased one selling 1 and countering one. Thats’ progress.

 This is good news!  I just had to share it…. 

News of the day! They said it…..This is what they said….

“Daily Real Estate News  |  November 12, 2008  

These Cities Are In Line for a Rebound 
Have we reached bottom? In many cities, knowledgeable observers say yes.

In October 2005 at the peak of the boom, the median sales price for a U.S. home reached 7.3 times per capita income. By this May it was 5.7 times, just about the historical norm. Home inventories have flattened. The decline in sales has ended – and in some places sales have expedited.

“The indicators are starting to look better,” says Adam York, an economic analyst with Wachovia.

Here are seven markets that SmartMoney magazine says are in line for a rebound:

  • Seattle
  • Raleigh
  • Des Moines
  • Philadelphia
  • Denver
  • Birmingham, Ala.
  • Salt Lake City

Source: SmartMoney (11/01/ 8)

Activity in our area is still bumpy. A little up and then a little quiet. People waited for after the election, we thought.  

REO’s are selling. One lady at our Church just bought one and has a LOT of fixing up to do. We know about special financing to help that.

I have two short sales for this year one a list and one a buy. There is just a lot of waiting on those.

Progress for me -last month sold one and this month leased one selling 1 and countering one. Thats’ progress.

 This is good news!  I just had to share it…. 

News of the day! They said it…..This is what they said….

“Daily Real Estate News  |  November 12, 2008  

These Cities Are In Line for a Rebound 
Have we reached bottom? In many cities, knowledgeable observers say yes.

In October 2005 at the peak of the boom, the median sales price for a U.S. home reached 7.3 times per capita income. By this May it was 5.7 times, just about the historical norm. Home inventories have flattened. The decline in sales has ended – and in some places sales have expedited.

“The indicators are starting to look better,” says Adam York, an economic analyst with Wachovia.

Here are seven markets that SmartMoney magazine says are in line for a rebound:

  • Seattle
  • Raleigh
  • Des Moines
  • Philadelphia
  • Denver
  • Birmingham, Ala.
  • Salt Lake City

Source: SmartMoney (11/01/ 8)

I stumbled upon this information from the South Bay MLS. If you know anyone needing credit information please forward them this

you or your client falling behind on house payments? Will your interest rate reset soon? Have you received a notice of default? You and your clients are invited to a Homeownership and Credit Counseling Workshop hosted by Congresswoman Jane Harman (D-36) in two South Bay locations. Take action now and learn how to build good credit and repair bad credit.

Wednesday, October 22, 5:30 p.m. in th San Pedro Public Library,931 S. Gaffey St.

Parking is free but seating is limited. For information or to R.S.V.P., call (310)549-8282.

Robert Pope combines clients with turn Key projects in the following

Century City

Palm Springs

South Bay

West LA

Studios

 
 

Pope and Associates Interior Space Planning and Design Inc. began in 1986. Robert Pope brings Architecture Space and complete design services to the future and combines the European Craftsmanship from the past. With clients from the Motion Picture and Television Industry, Century City Corporations and now offices in the South Bay he offers the highest quality of service. Color specialist, glass fireplaces, unique uses of timeless past products, quiet strength and hyper contrast are all combined for clients grateful for the experience.

This is my husband. The best, nicest, designing surfer I have ever known.

 

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