Tagged : mls

MLS represents Multiple Listing Service. Mainly, the MLS is a big property stockroom, kind of like a "home depot." When property is up for sale, it enters the warehouse. When it is considered sold, it gets omitted out of the warehouse. Since real estate cannot actually be stacked away in a warehouse, the MLS only contains data.So the MLS is really a database - an extremely exceptionally technique to know what is offered for sale at a given moment. That is why agents formulated the MLS. Quick ... Read Full Post

Selling a home can be a stress-free, simple and profitable experience – but it can also be a big, expensive headache. So what’s the difference between the two outcomes? In my experience of helping numerous people sell their homes – for a variety of reasons – the core difference between a successful sale and an unsuccessful one is one word: information. That is, sellers who know more about how the process works are much better off than those who are guessing, or, even worse, have been ... Read Full Post

Searching townhouses for sale, a client of mine was delighted to find this secluded corner Victoria Park Fort Lauderdale townhome nestled in a small complex of just 6 residences. With a short distance to the cafes and boutiques on Las Olas Boulevard, this spacious 2 bedroom townhome also featured an extra large private fenced back yard. After being on the market for sale for only 78 days, my client closed and purchased this townhome for $185,000. Whether buying or selling real estate in Fort ... Read Full Post

Do you realize that mortgage rates in the US today are lower than in 1963? In 1963 the average home cost $17,700. You will probably pay more than that despite the low home prices nationwide, but the current 5% average mortgage rate (with no points or fees) is a full percentage point lower than the 6% average of 1963.During the early to mid 1970s rates ranged from 7.25% to 10% (the norm was 9%), reaching a high of 18% between 1977 and 1981. Today's rates are the lowest in that 47 year history.... Read Full Post

We are finding a lot of buyers are re-locating to Orange County and are looking for short term rentals before they make the purchase of a home. It's importantant to understand that some landlords will request different term rentals depending on their situation. During the winter months we find landlords to be more forgiving and do shorter term rentals to get them through the slow winter rental period. Beach Cities Real Estate offers a complete list of short and long term rentals for the beach... Read Full Post

In an email update this morning, Real Estate Webmasters has been informed that Metrolist, Inc. of Colorado will be adding a designation for Short Sales to the IDX data feed. The update will take place on September 18th, 2008. This will allow Metrolist IDX clients from REW to feature short sales on their IDX's. Please contact us for more information on taking advantage of this great update! Read Full Post

GO ZONE Act (Gulf Opportunity Zone Act) Passed-December, 2005 ========================= What is it? The Gulf Opportunity Zone Act was passed by Congress in 2005 to provide tax based incentives for construction and new businesses to the areas of Alabama, Louisiana and Mississippi. Among the provisions of the GO Zone Act are significant opportunities for tax exempt financing or 50% Bonus Depreciation. What counties qualify? - Alabama has 11 counties (Baldwin, Choctaw, Clarke, Greene, Hale, Mare... Read Full Post

Despite the dismal forecast of the national housing market, San Antonio’s strong local economy is keeping the local housing market steady. The job growth in Texas, especially in San Antonio’s military installations, Fort Sam Houston, Randolph AFB and Lackland AFB, is still going stronger than other regions in The United States. According to a recent Metro study and the Greater San Antonio Builders Association, San Antonio experienced a healthy price appreciation of approximately 7% in 2007. Read Full Post

Recently the powers that be at the Realtors Association of Northwestern Wisconsin decided that real estate agent websites can no longer contain the phrase "Search the MLS." MLS, of course, stands for Multiple Listing Service and refers to the practice of offering of commission to other real estate agents if they bring a buyer to a seller or seller's agent. MLS also refers to the database that houses listings from many real estate agencies. I believe that this change is hurting the general pub... Read Full Post

San Francisco based attorney David Barry who is known for suing Realtor® Associations and MLS's across the country and his organization the Open MLS Institute is funded in part by companies who want to be able to use copyrighted information that belongs to brokerages (real estate listings) and use that information on their own web sites. Some of the funding comes from companies like Redfin, Trust MLS, Catalyst Homes, e-ListState.com, Voyager 360 and Artie Gilad from right here in Eugene, Ore... Read Full Post