Ryan mentions that Facebook founder Mark Zuckerberg may have purchased a home in California; Ryan reviews the economic events
of the prior week; Ryan notes that interest rate are still heading down; Ryan notes that the DC real estate
market is competitive on the buy and rent sides and that would be renters in the DC area are turning into would be buyers; Louis notes that the DC housing dynamic is
different from the
rest of the country where housing prices are down and there is plenty
of inventory; Louis notes that if it is cheaper to buy
than rent that it makes sense to get a long term low interest rate loan; Louis talks about the benefits
of visiting HomeGain.com; Louis discusses the HomeGain FSBO vs. Realtor survey and the advantages
of hiring a REALTOR; Louis and Ryan discuss the HomeGain home improvement survey and recount the types
of home improvements that provide the best return on investment; Ryan and Louis talk about pricing strategies for selling a home; Louis and Ryan discuss the differences between pricing a short sale and pricing a non short sale home; Louis notes pricing a home too high may keep the home on the
market a long time and that the more days a home is on the
market makes a home look like damaged good; Ryan describes short sales as foreclosure avoidance and discusses the impact
of each on FICO scores; Ryan talks about the options that people with underwater mortgages have; Louis mentions that 72 %
of home buyers and sellers pick the first real estate agent they meet and points out the value in comparing agents first using HomeGain's Find a REALTOR program; Louis can Ryan discuss the level
of shadow inventory the impact on sellers as more inventory gets released;