8 Signs that the Housing Market is Improving

Monday, January 16, 2012
posted by tommi

We finally have a reason to celebrate!!  There is an avalanche of positive news regarding an upturn in the real estate and housing market in 2012.   

  1. Foreclosure activity in 2011 is down more than 50% lower in several states, including New Jersey, Maryland and Florida.  Realty Trac
  2. The much feared “shadow inventory” of foreclosures declined dramatically in 2011.  In December 2012, 2.2 million properties were in some stage of foreclosure.  In September 2011, that number dropped to 1.5 million units…or a whopping 32% in nine months.  Realtytrac
  3. Realtors in some hard hit area’s, such as Michigan and southern California, are reporting a shortage of housing inventory and a return to bidding wars in tight markets.  
  4. Wall Street thinks the worst is over.  Stocks of the nation’s five largest, publicly traded, home builders are at 52 week highs, signaling an upswing in home construction in 2012.  In addition, the home builders have been snapping up deals on land and abandoned subdivisions, in anticipation of increased buyer demand.  CNBC
  5. Home sellers, Realtors and home builders are getting help from rising rents, as Americans realize that owning a home is often less expensive than renting one.   And, while future rent increases have no ceiling on how high they can go, ownership locks in housing expenses and equity is created as the loan balance decreases each month.
  6. Legal issues, property maintenance and other issues complicating the foreclosure process will push banks and lenders to approve more short sales in 2012, further reducing housing inventory.
  7. Interest rates will remain at historical lows in 2012, which allows more people to qualify for a home and cheap money buys more house for the same monthly payment. 
  8. Overall, foreclosure activity was dropped more than 30 percent in 2011.   Fewer than 2 million properties foreclosure notices were filed in 2011, down from 2.9 million property filings in 2010.  Realty Trac

If you need to sell your home, things haven’t looked this favorable in years.      Arm yourself with an MLS listing and exposure on Realtor.com and all the major search engines for real estate.   Millions of home buyers search these websites, daily.  If your home isn’t there, they will buy the one that is. 

Thank you for visiting Why6Percent.com.  We have helped thousands of home sellers and we can help you, too.

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To MLS or Not to MLS? Separating Fact from Hype

Wednesday, January 11, 2012
posted by tommi

Topics:

What is the MLS?

What are the Benefits of advertising on the MLS

What is all the “Hype” of the MLS

What Should You Consider? 

What is the MLS? 

The Multiple Listing Service is a database of homes and property that are for sale.  The MLS is operated by the local Board of Realtors®.  The MLS is the resource agents use to find homes for their buyers or advertise their home listings to other agents.  MLS listings include detailed information about the property.  In addition to selling price and address, an MLS listing generally includes number of rooms, size of rooms, interior and exterior features, lot size, local school district, property taxes, association dues, directions to the property and comments.  Most also include photo’s of the home and a lockbox.  At the sellers discretion, most MLS listings can also be upgraded for a fee to include additional photos or virtual video tours.

 To MLS or Not To MLS;  Separating Fact from Hype 

The Multiple Listing Service (MLS) is a powerful tool for real estate agents and home sellers.  It allows seller’s and agent’s to cross-sell all properties in a given market, which greatly expands the sales force of all the properties for sale.  The Internet has expanded the power of the MLS by providing information in real time to not only agents, but to home buyers and home sellers alike through its www.Realtor.com website.  The MLS and Realtor,com it is looked at by thousands of real estate agents who may have a buyer for your property and individual home buyers searching the Internet.  

Note:  In addition to Realtor.com, properties listed on the MLS  also appear on other major real estate search engines like Zillow, Homes.com, Military.com, Trulia.com, Yahoo, Google and a host of others. 

Benefits of MLS Advertising: 

There is only one very significant benefit to having your home listed on the MLS…EXPOSURE!   The fact that your home is for sale will now be known by anyone searching the Internet.  Additionally, hundreds, if not thousands of real estate agents in your market will also know about your property.  To fully benefit from this exposure, you need to be willing to “co-op” with a real estate agent, if they bring a buyer whose contract terms are acceptable to you.  “Co-op” means that you agree to compensate the buyer’s real estate agent at the closing of your property.  Typically, a buyer’s agent will earn between 2%-3% of the sales price of the home.  If you are willing to “co-op” with a buyer’s agent, you should indicate this clearly in your Internet and classified advertising, and on your brochures. 

To list your home on the MLS, you will need to contract with a real estate listing agent that is a member of your local real estate board.  If your interest is purely to have your home listed on the MLS; you can contract with a new type of  Broker who charges a one-time fee to cover the cost of them listing your home in the MLS and allows you to act as your own listing agent. 

The flat-fee MLS listing concept is fairly new and not all agents will be anxious to provide this service, as they are in the full service real estate listing business.  To learn more about using a flat-fee MLS service, visit websites like http://www.why6percent.com     

In many areas of the United States, when a home appears on the local MLS, it will also appear on aggregator websites like MSN Home Advisor, Yahoo Real  Estate, Realtor.com, Zillow.com and local state and broker websites.  Many of the MLS  Boards send their inventory directly to these websites to enable even more exposure for the homeowner. 

In today’s transient society, thousands of people use the internet to search for homes far in advance of their relocation.  Many  people supply the list of properties that interest them to their agent, so the agent can set up showing appointments.  When a buyer is relocating to a new area, time is limited and critical.  This means the buyer’s agent becomes a critical part of relocation effort.  Therefore, the MLS can be key to exposing your home to people relocating to your area. 

What is the Hype of an MLS listing? 

1)      Your house will never sell if it is NOT listed on the MLS…False.

Your house may sell more quickly or for more money because of the tremendous exposure we discussed above, but your home can sell with or without the MLS.   

2)      Buyers will never find your home if it is NOT listed on the MLS…False.

According to the National Assn. of Realtors data, 60% of all home sales occur because of the sign in the yard.   Newsletters, directional signs, open houses, classified advertising and InfoTubes or InfoBoxes, filled with attractive home information flyers, will also help you find a buyer for your home. 

3)      Real estate agents will not bring a buyer to you if you are NOT on theMLS… False.

If an agent has an interested buyer and you indicate you are willing to pay them a commission, they have no reason to boycott your property.   If they do, they risk that the buyer contacts you directly and they don’t make a dime. 

Considerations: 

The MLS has proven value and is certainly a wonderful way to expand your advertising reach.  If your goal is to make local agents aware that your home is for sale and reach the millions of buyers searching for homes on major real estate websites.  Keep in mind that you will need to pay a commission to a buyer agent at closing, if they bring you an offer that you accept.

If you decide to place your home on the MLS, consider it as a part of your overall marketing strategy and not a replacement for your advertising program.  Properly understood, the MLS can be another excellent part of your home selling process.

Thank you for visiting Why6Percent.com.   Our national network of flat fee MLS brokers are standing by to assist you in marketing your home.  Please visit our website or phone 1-800-381-9496 to get started!

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Profitable 2012 Resolution:  Showcase and show off your home with great photo’s.

     Photographs are important and powerful tools in marketing real estate.    Statistics show that home sellers who provide numerous and good quality photographs of their property receive twice the amount of buyer interest than their competition.

When photographing your property, try to follow this advise from Dave Rezendes, #1 real estate photographer in the USA.

• Don’t assume that wider is better.  Sometimes a particular vignette or architectural detail will better convey the feeling of a house and give a stronger effect.

…. CLICK HERE TO FINISH READING THE ENTIRE ARTICLE

Thank you for visiting Why6Percent.com.   Make 2012 your year to SHOW and SELL!!!!

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College Students Swap Dorm Life for Suburban Mansions

Monday, December 19, 2011
posted by tommi

When the real estate bubble burst in 2007, I predicted that we would likely see large, single family, suburban mansions carved up and repurposed into multi-family housing.   Well, time and a prolonged recession have proven the idea viable.

The USA went through the same type of evolution, in reverse, with intercity housing.   Vacant, large urban, single family mansions where carved up into apartments, efficiencies and co-ops, after the mass exodus to the suburbs in the 1950’s.      Now, its the McMansions, gated communities and long commutes that are out of vogue. 

Families are returning back to life in the inner city.  They are buying multi-family homes and converting them back into single family residences.  The concept of highest and best use…has come full circle.

Check out this short video to see the latest change in student housing in decades.  A bad housing market has created some luxury digs for college co-eds out in the ‘burbs”. 

College students renting suburban McMansions

Thank you for visiting Why 6 Percent.  We offer flat fee MLS and Realtor.com packages to builders, homeowners and anyone who needs to keep more money from their property sell.  We have helped thousands of homeowners sell their homes.  We can help you, too.

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What a ship….no wonder ‘Made in China ‘ is displacing North American made goods big time.

 This monster transports goods across the Pacific in just 5 days!!   This is one of three ships presently in service, with another two ships commissioned to be completed in 2012.  

These ships were commissioned by Wal-Mart to get all their goods and stuff from China .  They hold an incredible 15,000 containers and have a 207 foot deck beam!!  The full crew is just 13 people on a ship longer than a US Aircraft Carrier (which has a crew of 5,000.   With it’s 207′ beam it is too big to fit through the Panama or Suez Canals .
       
                    It is strictly transpacific. Cruise speed: 31 knots. 

The goods arrive 4 days before the typical container ship (18-20 knots) on  a China -to-    California  run.   91% of Walmart products are made in China .  So this behemoth is hugely competitive even when carrying perishable goods.      
 
The ship was built in five sections. The sections floated
together and then welded. 
The command bridge is higher than a 10-story building and has 11 cargo crane rigs that can operate simultaneously unloading the entire ship in less than two hours.

Cost for this container ship…$146,000,000

 A recent documentary in late March, 2010 on the History Channel noted that all of these containers are shipped back to China , EMPTY.

Yep, that’s right.  We send nothing back on these ships. What does that tell you about 
the current financial state of this country?    Let’s all just keep buying those imported goods (mostly, cheap nothing gadgets) until we run out of money, jobs, homes or all of the above.   

Just our two cents here at InfoTube.net…. We support American workers, products and companies.  We manufacture The InfoTube and InfoBox here in the USA, with materials Made in the USA…so don’t believe it can’t be done.  We’re just a little company.  If we can do, anyone can.  

Please Buy Made in America, whenever possible!!!

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Banks Bulldoze Houses To Cut Taxes and Fee’s

Tuesday, August 2, 2011
posted by tommi

                        Getting rid of repossesed homes is the biggest headache for US lenders.  1,679,125 homes ( 1 in every 77) are in some stage of foreclosure as of June.    Lenders feel that no one will buy many of these homes and they”re trying to cut their losses.  Bulldozing the problem away means the banks won’t owe property taxes to our floundering cities and it won’t have to pay for repairs, maintenance and upkeep on the property.  In addition, there are some perks for giving away a house.  The banks get a bunch of tax write-offs and best case… they may even get a pat on the back and some nice PR, too. 

   The idea of Bulldozing houses is nothing new.  Although the banks are not blowing up homes for alturistic reasons…I think we can all agree that removing home inventory is good for all of us.  In 2010, Warren Buffet advised that ”blow up a lot of houses” was a viable option and similar to ‘cash for clunkers’ auto program.  I always thought bulldozing abandoned homes and returning the land to a raw state was a smarter solution than handing out money in the form of a homebuyer tax credit.   The tax credit cost billions of dollars, put money into the hands of a few people blessed with good timing and did little to reduce inventory.  

Bankers, why not take the “TNT” strategy one step further.   Donate unwanted houses to local non-profits vs blowing them up?  Make a call to Habitat for Humanity, for example?   I can’t understand why Habitat is still building new homes, when we can’t get rid of the ones that are causing problems in our neighborhoods.   Habitat needs to change their business model with the times and so do our lenders.  Families, who are in dire need now, wait up to 6+ months for a new home to be built and the cost of building from scratch far exceeds the costs of rehabbing properties, in most cases.    

 

Just my two cents….

Thank you for visiting Why6Percent.com.  We offer a low, flat fee MLS program for owners, builders and for people who need to hold onto as much of their money as possible.  If you aren’t familiar with advertising your home  on the MLS or Realtor.com, please visit our website and review the FAQ.   Our marketing packages reach millions of home buyers each day.

 InfoTube.net is FREE home selling website.  Visit our site for free legal forms, home searches, home listings, marketing tools, advise and support!   We are a 100% Made in the USA company.

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What the Real Estate Market looks like in 2012

Tuesday, July 19, 2011
posted by tommi

Would you like to see what the housing market has in store for 2012?  If so, take a moment to watch this video.

Housing Market 2012

Remember that in spite of the doom and gloom…10,000 sets of keys are handed to new homeowners every single day!!  

Thank you for visiting Why6Percent.com…we offer FREE marketing website for owners, builders and agents.    In addition, our MLS and Realtor.com packages can give you all the exposure of a full service listing…without the cost.

Remember that… Who you buy From is as important as What you Buy!   Look for Made in the USA products and support US workers!!

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Made in the USA School Supplies

Friday, July 8, 2011
posted by tommi

Americans spent a staggering $52 BILLION on “Back to School Supplies” in 2010.   

We believe that very little of your $52 BILLION spent at big box retailers benefited American companies and US workers. 

If you are worried about the future of the US economy….  If you care about the millions of unemployed and homeless Americans…Make a Pledge that in 2011 you will buy Back to School Supplies that are Made in the USA!!!    It’s that simple.  Keep your money in your pocket and Say “NO” to rewarding retailers and companies that sell out American companies and support foreign workers.

It’s easier than you think to find American Made Back to School Supplies.  Here is a short list of companies to get you started!

Backpacks  
Duluth Pack DuluthPack.com  
Trager ShoeBuy.com  
Tough Traveler ToughTraveler.com  
 
Lunchboxes  
Mimi the Sardine ReUseIt.com  
Laptop Lunch GreenFeet.com  
 
Pencils  
General Pencil GeneralPencil.com  
 
Pens/Markers  
Clementine Art ClementineArt.com  
LiquidMark RedAppleSupply.com  
EcoStars RedAppleSupply.com  
 
Paper/Notebooks  
Ampad BuyOnlineNow.com  
Basic brand SaleStores.com  
Mead (select items) OfficeSupplySanity.com  
New Leaf eConsciousMarket.com  
 
Computers/Accessories  
Union Built PC UnionBuiltPC.com  
Green Guru (laptop sleeve) Greenopia.com  
 
American Jeans  
Levis Capital E Nordstrom.com  
True Religion Jeans TrueReligionJeans.com  
Rock & Republic RockandRepublic.com  
Paige Premium Denim PaigePremiumDenim.com  
Robin’s Jean RobinsJean.com  
Frankie B. FrankieB.com  
Genetic Jeans GeneticJeans.com  
Hudson Jeans HudsonJeans.com  
Rich & Skinny RichandSkinnyJeans.com  
J-Brand JBrandJeans.com  
Earnest Sewn EarnestSewn.com  
Citizens of Humanity CitizensOfHumanity.com  
Rag & Bone Rag-Bone.com  
ReWash ReWashUSA.com  
 
American Socks  
Thorlo Thorlo.com  
ZKano ZKano.com  
Fox River Socks FoxSox.com  
 
American Shoes and Boots  
Alden Shoes AldenShoes.com  
Allen Edmonds AllenEdmonds.com  
New Balance (select) NewBalance.com  
 
American Clothing  
Hard Tail HardTailForever.com  
American Apparel AmericanApparel.com  
Basic Threads BasicThreadsUSA.com  
Fresh Produce FreshProduceClothes.com  
   

SOURCE Made in the USA Foundation

Thank you for visiting InfoTube.net.  We have been making InfoTubes and InfoBoxes here in the USA since 1988.  We appreciate your business and please visit our website for FREE home selling services.   Thank You!

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Paul Choi, a long time supporter of the American worker and American dream, complied a list of Links for People who are interested in fighting the Chinese import tsumani. 

If you would like to Vote for Made in the USA products, please CLICK HERE.    If you want to express your outrage about the outsourcing of American jobs, CLICK HERE.  If you want to reach our politicians and news reporters and tell them what you t hink about the Companies who are shipping jobs overseas, CLICK HERE!!

Thank you for helping InfoTube Fight for American Jobs and Products!!!  Your Money is Your Vote…Spend it Wisely!

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InfoTube, The Hillman Group and China

Thursday, May 26, 2011
posted by tommi

I am very happy to report that the public outcry about outsourcing American products, specifically Infotube and Infobox, to China has been encouraging, enlightening, motivating and best of all…it may be working to save jobs and keep American made products on the shelves.

As a result of your emails, calls, petitions, Facebook posts, etc. some strange things have happened.  We have been contacted by a US Senator, offering his assistance.  We have been interviewed on radio news and talk shows and our story has shown up in print across the country.   And, we still have our fingers crossed that we might receive a call from Diane Sawyer and ABC news about our story and products. 

If you haven’t told Diane and ABC what your favorite American products are, click this LINK and do so, today!  Please don’t forget to mention InfoTube and InfoBox!   

Perhaps, the most surprising outcome, so far, has been our two discussions with senior management at The Hillman Group.  Surprising, because it is happening at all.  Surprising, again, because we are each sharing information and I feel that everyone is sincere about wanting to reach a resolution. 

Rest assured that we won’t give up the fight until we hear that Crow Erickson will continue to sell Infotubes and InfoBoxes to our major d-i-y retail customers, like we have done for nearly two decades.

Sadly, during our meeting yesterday, Hillman management confirmed  that they have shipped some of the Chinese copycat product…identifible by its Yellow lid…to Home Depot, Lowes and Menards.   The retailers, in turn, hung it up in the sign department where the InfoTube and InfoBox used to proudly hang.  

Please ask for InfoTube and InfoBox by name at the store!!  Simply, refuse to purchase the Chinese Yellow Lid product.  You know what is at stake and your money is counted as your vote. 

A concerned consumer may have said it best in their reply to an email they received from the Hillman Group. 

“See, we American voters may truly be powerless, but we American consumers are not.  We are fed up watching big corporations, like yours, screw American businesses, and so if you think this lame email has calmed me, you are wrong.  I am just getting started.”  Cynn Chadwick

If you have a problem finding our products in the stores, you can purchase through our secure our website or through one of our valued, loyal internet vendors….many of whom took action on our behalf…even though by doing so, they face more sales competition.

Thank you again for your support, your comments and your encouragement.  If this little company can find a way to beat the competition over in communist China…then, so can other companies!  

Buy American and Support your Homeland!!!  We aren’t anti-chinese…we are just Pro-American!

Tommi Crow

President, Crow Erickson Inc.  1854A Hendersonville Rd #221 – Asheville, NC  28803.  1-800-858-6000

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