Got this email this morning:
Hi Judy,
My blog tomorrow will be talking about agent listing systems. Since you have such as well-tuned system, I will be using that as an example. I was sure you wouldn't mind the exposure, but wanted to be sure you knew that as well. Here is the blog: http://www.realestatevideotalk.com/2010/11/17/how-well-does-your-listing-system-work-online/
Hope things are going well!
Jim Gross
Realtor Virtual Tours
Wednesday, November 17, 2010
Thursday, November 11, 2010
TRUE GRIT RETURNS
So excited that the remake of this great film with John Wayne is about to be released. We are all quite proud here in New Mexico that it was mostly filmed here. Perfect settings. We ARE historical USA.
So I never met John Wayne when I lived in Hollywood, but Robert Mitchum his counterpart, was a great friend. His son and then wife were my best friends. She and I and Sharon Tate were a threesome that hung out at famous parties, Beverly Hills bars and all places to be seen at. Often we hung out at Robert Mitchum's home which was near mine in one of the Canyons. I remember one huge New Year's Eve party when they tented the backyard and had food and music all night. ARound three am after the caterers had left, I got hungry and Robert fixed me fettucine with some noodles he had just imported from Italy. The most delicious fettucine of my life but I got the worst stomach ache which I never told him. I spoke to him two weeks before he died and he was charming and feisty as usual.
So I never met John Wayne when I lived in Hollywood, but Robert Mitchum his counterpart, was a great friend. His son and then wife were my best friends. She and I and Sharon Tate were a threesome that hung out at famous parties, Beverly Hills bars and all places to be seen at. Often we hung out at Robert Mitchum's home which was near mine in one of the Canyons. I remember one huge New Year's Eve party when they tented the backyard and had food and music all night. ARound three am after the caterers had left, I got hungry and Robert fixed me fettucine with some noodles he had just imported from Italy. The most delicious fettucine of my life but I got the worst stomach ache which I never told him. I spoke to him two weeks before he died and he was charming and feisty as usual.
Wednesday, November 3, 2010
BEST TIME TO BUY A HOME
Leading economist who predicted housing crash says now is time to buy
AN economist who was the only person in the property industry to label the housing market a bubble said yesterday that now is the right time for new buyers to enter the market.
Derek Brawn, whose book on the property market predicted the bursting of the bubble, said first-time buyers should buy now once they find a property at the right price.
The optimal time to buy a house was not at the bottom of the market but just before the market hit the bottom, Mr Brawn said.
A year before the bottom of the housing market is the ideal time to buy, he said.
Mr Brawn, who has launched a house price calculator at www.CompareBuy2Rent.ie, added: “House prices are only one factor that people should consider when choosing whether to buy a house now or wait for further reductions.”
The other factors include benefits of paying off the capital amount on a mortgage, plus the fact that homeowners receive tax relief on mortgage interest.
“People need to consider both these benefits and factor in further house price drops, so they can buy now — but at the right price,” the former economist with an estate agency chain said.
Mr Brawn, whose book ‘Ireland’s House Party: What the Estate Agents Don’t Want You to Know’ made him the scourge of the property industry, said renters were missing out on mortgage tax relief.
Mr Brawn gave an example of a three-bed semi for sale in Kildare for €200,000.
A couple with a €20,000 deposit who are now renting a similar property for €850 a month should buy now if they can get the price down to €183,000.
This is based on a likely further decline in house prices of 15pc over the next five years, with a rise in European interest rates, calculations on CompareBuy2Rent suggest.
- Charlie Weston Personal Finance Editor
AN economist who was the only person in the property industry to label the housing market a bubble said yesterday that now is the right time for new buyers to enter the market.
Derek Brawn, whose book on the property market predicted the bursting of the bubble, said first-time buyers should buy now once they find a property at the right price.
The optimal time to buy a house was not at the bottom of the market but just before the market hit the bottom, Mr Brawn said.
A year before the bottom of the housing market is the ideal time to buy, he said.
Mr Brawn, who has launched a house price calculator at www.CompareBuy2Rent.ie, added: “House prices are only one factor that people should consider when choosing whether to buy a house now or wait for further reductions.”
The other factors include benefits of paying off the capital amount on a mortgage, plus the fact that homeowners receive tax relief on mortgage interest.
“People need to consider both these benefits and factor in further house price drops, so they can buy now — but at the right price,” the former economist with an estate agency chain said.
Mr Brawn, whose book ‘Ireland’s House Party: What the Estate Agents Don’t Want You to Know’ made him the scourge of the property industry, said renters were missing out on mortgage tax relief.
Mr Brawn gave an example of a three-bed semi for sale in Kildare for €200,000.
A couple with a €20,000 deposit who are now renting a similar property for €850 a month should buy now if they can get the price down to €183,000.
This is based on a likely further decline in house prices of 15pc over the next five years, with a rise in European interest rates, calculations on CompareBuy2Rent suggest.
- Charlie Weston Personal Finance Editor
Sunday, October 3, 2010
Ablququerque Ranked 10 Best for Weather
by Peter Geiger Thursday, October 5th, 2006 From: Farmers' Almanac Blog
We all enjoy reading lists of the best and the worst of almost everything. From time to time I’m asked what are the best cities for weather and what do we consider the worst. I’ve even been asked to select a location for someone who’s trying to relocate from a part of the country they dislike.
In the 2002 Farmers’ Almanac™, we addressed this very issue. Keeping in mind that any list is highly subjective, the factors we considered included temperatures, sky conditions, precipitation, humidity and wind. Working on the assumption that heat is a good thing and rain, sleet and snow is bad, let me present our list of the 10 Best Weather Cities in the USA.
6. ALBUQUERQUE, NEW MEXICO—has an arid climate with abundant sunshine, low humidity, scant precipitation, a and wide, yet tolerable, seasonal range of temperatures.
We all enjoy reading lists of the best and the worst of almost everything. From time to time I’m asked what are the best cities for weather and what do we consider the worst. I’ve even been asked to select a location for someone who’s trying to relocate from a part of the country they dislike.
In the 2002 Farmers’ Almanac™, we addressed this very issue. Keeping in mind that any list is highly subjective, the factors we considered included temperatures, sky conditions, precipitation, humidity and wind. Working on the assumption that heat is a good thing and rain, sleet and snow is bad, let me present our list of the 10 Best Weather Cities in the USA.
6. ALBUQUERQUE, NEW MEXICO—has an arid climate with abundant sunshine, low humidity, scant precipitation, a and wide, yet tolerable, seasonal range of temperatures.
Monday, September 27, 2010
Monday, September 20, 2010
Historic New Mexico Movie Site For Sale
Looking for a site to film a western or turn of the century film? Or just a funky old site? This is the place. Check out this great film set property for sale just west of Elephant Butte Lake. Nice thing is that the house on site is restored and could house staff and operations while shooting. The place needs some restoration and it could once again be a functional local area, old time bar and central hang with an incredible museum. The place is a New Mexico historic jewel. Check it out on it's website http://www.cuchillobar.com/ or to get the real estate details go to my site http://www.judypierson.com/ under My Listings.
http://listing.loopnet.com/16812994 is real estate summary flyer too.
Give me a call. 505-220-9193,
http://listing.loopnet.com/16812994 is real estate summary flyer too.
Give me a call. 505-220-9193,
Thursday, September 9, 2010
IS REAL ESTATE STILL GOOD INVESTMENT?
Over the last few months I have personally had the opportunity to ask several people (at random) about the residential real estate market. I did not mention that I was associated with the real estate industry. During our conversation, the majority had expressed a concern for future values. Most believed values would continue to drop. Combined with the media and some pessimistic people, it is our job to be the educator in our business.
Here are some facts of today’s market and these examples will apply to any value with the same percentages:
Let’s use a $200,000.00 value and to make things easier, let’s assume 100% financing. At 4.500% the P & I payment would be $1,013.37
Assume values dropped an additional 10% - NOW using a loan amount of $180,000. Assume 6.500%, the P & I payment would be $1,137.72. $124.35 higher!
Okay, for those who view as “half empty” – With a 20% drop using $160,000 assuming 6.500%, the P & I payment would be $1,011.31, only $2.06 difference!!!
History has proven that buying real estate is a good investment. Generally over time, most can depend on appreciation. The majority of business that we do generate is primarily consumers who are purchasing a home to occupy as their principal residence. The consumer’s concern should be narrowed to personal preference. As history has proven, the investment overtime should be sound. However, past results do not guarantee future performance.
If the consumer’s primary motive for purchasing is strictly investment, the approach is completely different. As we are all aware, timing is everything! Buying real estate does not provide a prospectus as does investing with stocks or bonds. That said, personally, I have done very well over the last twenty years by buying real estate. Today my real estate investments lie in a shallow valley, as do my other investments. I recognize that this is the time to buy. A buyer’s market combined with historic interest rates should help buyer’s fear.
If your purchaser’s are buying below $300,000, a great option is a thirty-year FHA fixed rate mortgage. FHA loans are assumable with qualifying. This will release the seller from any future liability along with creating a low interest rate for future buyers! Assuming values do decrease, the assumable mortgage will add a valuable feature for future buyers!
Here are some facts of today’s market and these examples will apply to any value with the same percentages:
Let’s use a $200,000.00 value and to make things easier, let’s assume 100% financing. At 4.500% the P & I payment would be $1,013.37
Assume values dropped an additional 10% - NOW using a loan amount of $180,000. Assume 6.500%, the P & I payment would be $1,137.72. $124.35 higher!
Okay, for those who view as “half empty” – With a 20% drop using $160,000 assuming 6.500%, the P & I payment would be $1,011.31, only $2.06 difference!!!
History has proven that buying real estate is a good investment. Generally over time, most can depend on appreciation. The majority of business that we do generate is primarily consumers who are purchasing a home to occupy as their principal residence. The consumer’s concern should be narrowed to personal preference. As history has proven, the investment overtime should be sound. However, past results do not guarantee future performance.
If the consumer’s primary motive for purchasing is strictly investment, the approach is completely different. As we are all aware, timing is everything! Buying real estate does not provide a prospectus as does investing with stocks or bonds. That said, personally, I have done very well over the last twenty years by buying real estate. Today my real estate investments lie in a shallow valley, as do my other investments. I recognize that this is the time to buy. A buyer’s market combined with historic interest rates should help buyer’s fear.
If your purchaser’s are buying below $300,000, a great option is a thirty-year FHA fixed rate mortgage. FHA loans are assumable with qualifying. This will release the seller from any future liability along with creating a low interest rate for future buyers! Assuming values do decrease, the assumable mortgage will add a valuable feature for future buyers!
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