What's going on

Reorganizing the website and blog

Reorganizing the website and blog has been a major focus for the past few days. In the long run, it will make sense, but the short-term cost might have been pretty high.

Even in a sellers market, we have to play by the rules

The real estate market is showing some really small signs of slowing down right now. It’s been crazy, so this slow down really only means that we are moving from a strong sellers’ market to a sellers’ market.

Is a crazy real estate market the new normal?

I’ve posted a few times in the past several months about how crazy our market is, and every time I hit the “publish” button, it gets crazier. Folks, the trend is continuing.

Market Snapshot is back!

It’s really the trend we’re concerned about. The great annoyance was that the system used to generate the Market Snapshot hit a snag, and it took longer to resolve that than I had hoped. If you’ve been keeping track of the monthly changes from the Market Snapshot, know that we’ve had a reset on the data.

Clearing out the clutter

Lately, I’ve been noticing the crap in my office seems to be multiplying at an accelerated rate. It’s closing in on me fast. For the past few days, I’ve been making a concerted effort to deal with it so I can get back to what, for me, is “normal,” which orderly shelves and cabinets, clear work surfaces, and a dearth of clutter.

I’m still here

The truth of the matter is that there just aren’t enough hours in the day, and the flow of work for a real estate broker ebbs and floods. When it’s flooding, some things — like blogging — just have to take a back seat to the more pressing work of client care. (Can you imagine telling a client to hold on ‘cuz there’s a blog post to write? Not a conversation I’m ever going to have, that’s for certain!)

April snapshot

I’ve just calculated the current market conditions snapshot report for my market area, and I’m delighted to report that the craziness continues unabated. It’s getting crazier, in fact.

I’ve earned my pin

Through the years, I’ve learned that the one aspect of real estate that really sends folks around the bend is contract negotiation. There’s something about asking for what you want, and denying what “the other guy” wants, that just gets people all aflutter, and causes them to do things that are not necessarily in their best interest.

March snapshot

The real estate market is still crazy. Inventory is creeping up slowly — and that’s a good thing — but last month we sold over 50% more properties than we did in February, so we cut deeply into what little inventory we had. Right now, we have less than a five-week supply of homes for sale.

This real estate market is crazy!

So what is the absorption rate telling us right now? Mostly that the real estate market is crazy right now. Based on the most recent calculations, it will take well less than two months to completely wipe up — to absorb — all the current listings. In Highlands Ranch and Lone Tree, where there are less than 200 active listings, it will take just over a month to sop everything up.

Documenting loan transactions

Now, for 2014, the HUD-1 will be revised again, for only the second time in 40 years. This coming revision to the HUD-1 is going to be mostly formatting, but it makes the whole thing look very different, and some information is being added that I’m afraid is going to make it quite confusing until everyone gets used to the new format.

Another certification

When I say, “military housing,” I’m not referring on-base housing. I mean simply regular old, everyday homes purchased by members of the military. Why the distinction? Simply put, because members of the military operate differently than the rest of us.

I’m certified!

Short sales are the new norm in real estate (although that’s changing — more on […]

Review, revamp and resolve

It did get me thinking, though, about what I am really trying to accomplish here. On the one hand, my goal with blogging is to give you information as an introduction of sorts into the world of real estate. Some of what I was trying to say was to help you understand the nuts-and-bolts of the business, and some was to give you an insight into the day-to-day reality of a real estate transaction.

LinkedIn business page

I’ve been almost overwhelmed with all the stuff I’ve been trying to get done, and […]

Fun Fall and Halloween Festivities in Denver

Looking for something to do this month? Check out the activities these guys have compiled: Fun […]

Highlands Ranch events

Taking a look at the events calendar also tells you what you already know: the seasons are changing, and, for a time at least, things are slowing down a bit.

Labor Day

It’s still good, though, to stop every once in a while and just take a day off. I hope you can do that this weekend. I’ll be back next week to resume our regularly-scheduled programming.