Chris & Ellie Loveall & Melili's (chrisloveall) Blog

Time is running out for California residents wanting to take advantage of a $10,000 tax credit. The state set aside $100 million to help home buyers purchasing newly built homes, hoping to jump start the moribund residential-construction market. But only about 20% of the pot is left. "We're less...

05-07-09Chris Loveall & Ellie Melili   House Condo Both Homes for Sale Apr '09 vs. Mar '09 Apr '09 vs. Mar '09 Apr '09 vs. Mar '09 # Homes for Sale 522 7% 101 1% 623 6% For Sale by Owner 13 7.1% 0 - 13 7.1% Bank & MLS Foreclosures 50 4.2% 9 40% 59 6.3% Median List Price $475K 3.3% $299K 1.5% $42...

Updated April 2009          

  House Condo Both Homes for Sale Apr '09 vs. Mar '09 Apr '09 vs. Mar '09 Apr '09 vs. Mar '09 # Homes for Sale 522 7% 101 1% 623 6% For Sale by Owner 13 7.1% 0   - 13 7.1% Bank & MLS Foreclosures 50 4.2% 9 40% 59 6.3% Median List Price $475K 3.3% $299K 1.5% $420K 1.2% Median List $/SqFt. $241   ...

  Are we there yet? Anyone with a child who is old enough to speak has heard these words a thousand times - usually from the back seat of the car.  And anyone who's heard that question asked over and over and over again knows how annoying it can get!  But really, these kids are just tired of a ri...

      JPMorgan Chase & Co. and Citigroup Inc. are halting home foreclosures while the Obama administration develops its plans to help the U.S. housing market. JPMorgan Chief Executive Jamie Dimon said the New York company plans to halt new foreclosures for owner-occupied home loans through March...

TAXATION OF SHORT SALES Q 9.  What are the tax implications of a short sale? A A short sale where the lender agrees to reduce some or all of the outstanding debt may give rise to forgiveness of debt income (also called "cancellation of debt" income).  The amount of the debt that the lender agree...

So you've decided to brave the dust and dirt and inconvenience - not to mention the expense - of a renovation project If it's because you've always wanted a basement family room or extra bath and it will enhance your quality of life, go right ahead. But if you are planning to sell soon and think...

With today's higher home prices, it can sometimes be hard to tell if the home you have your eye on is overpriced. In certain markets, determining whether a home is overpriced, or priced at fair market value, can be a daunting task.   The following resources can help you determine the fair market...

 At Keller Williams® (KW) we believe in training our associates so that they have the knowledge to build the best possible real estate team and have a successful career.  When a KW Realtor® develops a system that works and is successful, they don't mind sharing it with everyone else.  Our associa...