Coldwell Banker Premier Realty

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Economic Indicators

Non-traditional indicators
Posted: April 08, 2010 at 9:39 AM by John McClelland

This post dovetails off of a Wall Street Journal article printed today called "New Ways to Read Economy." I've seen the diesel fuel sales and the counting of train passengers but I think one of the neatest indicators (or at least a gauge of interest) is Google Trends, which shows trends in visitor traffic by search term.Here are some examples.You can see that the housing tax credit is still on an upward trend, though spikes occur around news releases. The search for Las Vegas hot read more

Coldwell Banker Blog

The Coldwell Banker Blue Matter Blog
Posted: April 06, 2010 at 12:48 PM by Randi Kolesar


Residential Investors

Tenants, cap rates and flippers
Posted: April 05, 2010 at 3:45 PM by John McClelland

Of all the fancy indicators demonstrating a bubble in home prices, nothing was as telling as shows like "Flip This House" or "Flip That House.” During the time this programming was first presented, I was a consultant thinking that this programming was the equivalent of an "end is near" sign for residential prices. When you have a cab driver or your hairstylist (I’ve never actually had a hairstylist but you may) or the kid across the street that mows your lawn tells you t read more

Pricing Update

Hanging in there
Posted: March 31, 2010 at 12:31 PM by John McClelland

Yesterday the S&P/Case-Shiller numbers where released. In the seasonally adjusted tiered indices, each index registered a month-to-month increase with the exception of the middle tier which consists of homes priced between $126,631 and $196,595. This was mildly surprising given that we get a lot of requests for homes in these ranges but do not have a large amount of for-sale inventory. We have more listing inventory in the high range.The breakdown for the listing inventory (offered for sale and read more

Bank of America Cuts Principal for Some Customers

Repost from Black & Lobello
Posted: March 26, 2010 at 1:09 PM by Randi Kolesar

Coldwell Banker Premier Realty has partnered with one of the most dynamic, aggressive law firms in Las Vegas to assure our clients are protected during the Short Sale process. Yesterday, it was announced that Bank of America will cut loan principal for some customers. Below is a blog entry written by Black & Lobello's own Tisha Black-Chernine, Esq. Reposted with permission.Bank of America Will Cut Loan Principal for Some CustomersOn March 25, 2010, in Mortgage, Real Estate, by blacklo read more