500 Gallons of Gas
Friday, April 28th, 2006source: 500 Gallons of Gas
Archive for the ‘Uncategorized’ Category
Interest Rates - High and Holding
Thursday, April 27th, 2006The Big, Fat, Cap-Trap
Monday, April 10th, 2006source: The Big, Fat, Cap-Trap
Google Moves Further Into Real Estate
Thursday, April 6th, 2006The Reverse 1031 Exchange
Monday, April 3rd, 2006source: The Reverse 1031 Exchange
Movie Gallery Up
Saturday, March 25th, 2006source: Movie Gallery Up
Fastest Growing Counties
Monday, March 20th, 2006The numbers are in. Flagler County, Florida tops the list as the fastest growing county in 2006.
During the 12 months ended July 1, 2005, Flagler’s population grew 10.1 percent to 76,410. The population is 53 percent more than recorded in the 2000 census.
Our backyard member of the Memphis MSA, DeSoto County, Mississippi was honored as #45 on the list with a growth rate of 4.8% since the last census.
During the 12 months ended July 1, 2005, Flagler’s population grew 10.1 percent to 76,410. The population is 53 percent more than recorded in the 2000 census.
Our backyard member of the Memphis MSA, DeSoto County, Mississippi was honored as #45 on the list with a growth rate of 4.8% since the last census.
source: Fastest Growing Counties
The Trend On For Sale By Owner Homes
Tuesday, March 14th, 2006
Selling a home involves a long list of tasks, not the least of which is determining the appropriate price, and maneuvering through the minefield of other technical, legal and emotional tasks. Does a hot "sellers market", like we’ve experienced in Wenatchee real estate (and across the entire nation) the last couple of years, increase the number of homeowners who undertake the task of doing the For Sale By Owner to save the commission fee? Not according to a recent study done by the National Association of Realtors. Here is an excerpt from an article on the NAR website:
"Home sellers overwhelmingly depend on real estate professionals to assist them in a successful home sale. Eighty-five percent of sellers used a real estate agent in their recent sales transaction. That is an increase from 82 percent in 2004, and continues an upward trend from less than 80 percent in the late 1990s."
Why is the trend toward using a real estate professional on the rise? Statistics can be deceiving, but studies have shown that the typical For Sale By Owner homes sell for a median price of 16% less than those marketed by a professional agency. The article also stated that 53% of those who did sell their home without the help of a professional sold it to someone they knew, and therefore felt they did not need the professional marketing services offered by an agent. Could they have sold their home for more had they used a professional agency and sold it to a stranger? Perhaps.
One can only conclude: The value of the professional overshadows the investment. Otherwise the trend toward using professional real estate agents would not be on the rise. If I can help you through the buying or selling maze, please let me know.
Carol@TopPropertiesWenatchee.com/wenatchee-realestate
http://TopPropertiesWenatchee.com
http://RealEstateSuccess.blogspot.com
Wal Mart in Real Estate?
Monday, March 13th, 2006Mammoth retailer Wal-Mart has a sophisticated and well-staffed real estate division to handle its complex commercial needs. A large battery of attorneys, CCIMs, property managers, and real estate practitioners deal with the burgeoning demands of site selection, acquisition, sales, and leases. Is Wal-Mart ready to enter the consumer real estate market? Or will it wait to posture itself as a banker first?
Walmart’s realty web site offers properties for sale from coast-to-coast and includes sale and leases oportunities, land and improved sites.
It remains to be seen if Wal-Mart will become a major player in the real estate game. In the meantime, it sets its sights on banking business here and in Puerto Rico, and bloggers sound a cacophony of caution.
I guess now you can buy a “lot” or “alot” at Walmart.
Walmart’s realty web site offers properties for sale from coast-to-coast and includes sale and leases oportunities, land and improved sites.
It remains to be seen if Wal-Mart will become a major player in the real estate game. In the meantime, it sets its sights on banking business here and in Puerto Rico, and bloggers sound a cacophony of caution.
I guess now you can buy a “lot” or “alot” at Walmart.
source: Wal Mart in Real Estate?
High-rise planned for U of M area
Monday, March 6th, 2006We are excited to see the results of our efforts on a deal near the University of Memphis. The following is an excerpt from the article posted Saturday, March 4, 2006.
“Dallas-based Trammell Crow is poised to launch a 12-story, $20 million apartment tower in the University of Memphis area.
The project, being developed by Trammell Crow’s Higher Education Services division, will be located at the corner of Highland and Mynders.
“I like the location and I like that it’s really close to campus,” said Chris Harness, Trammel Crow senior vice president and head of the Higher Education Services division. “There hasn’t been anything new built off-campus in a long time.”
The one-acre site will have a total of 173 units with a bed count of 339. Regulators have not yet approved construction plans.
The tower, which is slated to have a masonry and stucco exterior, would have a structured parking garage with 340 spaces and about 7,000 square feet of retail space on Highland.”
Editorial Note:
We represented the sellers of all five buildings for this re-development project.
“Dallas-based Trammell Crow is poised to launch a 12-story, $20 million apartment tower in the University of Memphis area.
The project, being developed by Trammell Crow’s Higher Education Services division, will be located at the corner of Highland and Mynders.
“I like the location and I like that it’s really close to campus,” said Chris Harness, Trammel Crow senior vice president and head of the Higher Education Services division. “There hasn’t been anything new built off-campus in a long time.”
The one-acre site will have a total of 173 units with a bed count of 339. Regulators have not yet approved construction plans.
The tower, which is slated to have a masonry and stucco exterior, would have a structured parking garage with 340 spaces and about 7,000 square feet of retail space on Highland.”
Editorial Note:
We represented the sellers of all five buildings for this re-development project.
