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James' Real Estate Business Blog

By James Kimmons, About.com Guide to Real Estate Business

Hey Dad! I Wrecked the New Car - Will the Dealer Take it Back?

Saturday May 31, 2008
Well, if you can get away with it... It seems that there were clauses in many loan resale packages that allowed the buyers to sell them back to the ... Read More

OFHEO and Case-Shiller Index Charts Updated

Saturday May 31, 2008
I've updated the three month and 13 month Case-Shiller and OFHEO Home Price Index charts. Case-Shiller showed another slide of around four points for the Composite 20. OFHEO, for the ... Read More

SEO - Just Take Off Your Hat (Black or White) and Write

Friday May 30, 2008
Jim Cronin over at the Tomato is back with more very pointed and useful advice about real estate blogging and search engine optimization. I've written frequently about SEO in ... Read More

Supply, Demand & Inventory - All Moving Targets

Thursday May 29, 2008
One number batted around a lot to indicate the state of the housing market is the Inventory in months of supply. One source states that there is a 10.6 ... Read More

Tech Notes: Up-To-The-Minute Bookkeeping The Easy Way

Wednesday May 28, 2008
Now, if you're a highly detailed and analytical individual, you may want to go on to other things and skip this post. But, if you're like me, and the ... Read More

DOJ Settles With NAR - Both Sides Winners!

Tuesday May 27, 2008
At least both sides say they are winners in the settlement of the three year lawsuit the Department of Justice brought against the National Association of Realtors. The suit ... Read More

Tired of Hearing What You Should Do? - Here's How to Do It

Friday May 23, 2008
What You Should Do: In a RealtyTimes article entitled "Service-Oriented Marketing Offers Key to Real Estate Career," Bob Hunt reviews a book by Bill Fisher, Ph.D., entitled "You Are Not a ... Read More

If It Reduces Inventory - Is It Good?

Tuesday May 20, 2008
This post isn't an answer, but more a question. In the article "Soaring Foreclosure Numbers Mean More Prey for Vulture Funds", the San Diego Business Journal discusses funds and ... Read More

Tech Notes - The Flip Video Camcorder

Monday May 19, 2008
I bought a Flip video camcorder late last week, and I've been taking a lot of videos since. My procedure in the past for a camcorder video was: Take the ... Read More

Got $16,000 and a Lawyer? - Fair Housing Case

Saturday May 17, 2008
Actually, it's $16,000 per violation, and one owner/manager of 74 residential apartment units in Scranton, PA could be in for many multiples of this fine. HUD gives details of this Fair ... Read More

The Slippery Slope - Online Gambling & Housing

Friday May 16, 2008
In a Realtor.com article entitled How Online Gambling Hurts Real Estate, there certainly is some food for thought. With statements like "You can't save for a home if you ... Read More

Here's My Email Hoop - Jump Through It!

Wednesday May 14, 2008
Though I've written about this before, it's a pet peeve, and it is a business killer for a lot of real estate agents out there. I sent an email ... Read More

There's the "Long Tail" - And There's a "Big Net"

Monday May 12, 2008
I really enjoyed reading Mike Farmer's discussion of the future of the individual real estate professional in garnering search engine position and the resulting business. The advantage of the ... Read More

Foreclosed Home Sells - Get a Rope for the Fish!

Saturday May 10, 2008
Thanks to Realtor.org for a short article that illustrates an entirely new way to look at "feeding on the misfortune of others." In warm weather markets with high foreclosure ... Read More

It Can't Get Much Better for California - Can It?

Friday May 9, 2008
In a Seeking Alpha article, CAR Forecasts 24% Price Drop for California Houses, there are some interesting charts and graphs that illustrate the still-falling home prices in California. At the same ... Read More

Some Large Banks are Reporting Increased Loan Demand

Tuesday May 6, 2008
Statistics, opinion, or a little of both? I'm not sure, but it's nice to read anything positive about the housing situation right now. An article at TheMortgageReports.com presents ... Read More

Tax Bills That Might Boost Your Business

Tuesday May 6, 2008
Both the House and Senate are pushing through legislation to provide tax credits to home buyers in an effort to alleviate the current housing market woes. They are similar ... Read More

MLS, IDX, BLC - I Just Want to Get Paid

Monday May 5, 2008
In a post about the evolution of the acronym MLS, Dave Phillips over at Bloodhound Blog links out to some historical information, especially what the MLS was originally designed to ... Read More

Delayed Buyer Gratification Isn't Gratifying

Friday May 2, 2008
Our Taos MLS uses the FNIS Paragon online system for listings. It's pretty widely used around the country. There are many others, but I'm sure that most have ... Read More

If You Don't Like Rants - Stop Reading Now

Thursday May 1, 2008
When a local real estate agent, out of the blue, starts sending me huge emails with multiple images of their latest new listing, I'm annoyed. But, I politely, at ... Read More

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