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;