David Ethridge's (davidethridge) Blog

Yes, there are really two different kinds of BPOs (Broker Price Opinions). Functionally, they're quite similar - they attempt to place a market value on a home based on comparable sales, comparable listings as well as property and market conditions. The "Exterior" BPO is a quicker and simpler val...

Most of our brokerage's signs and advertising contain the tagline "REO & BPO Specialists." You can imagine how often I get asked what those acronyms mean. I've already talked a lot about REOs ( That's 'Real Estate Owned'  - owned by the lender after foreclosure - for those who missed those blogs....

Adorable little 613 square foot, 1 bedroom, 1 bath condo on First Street in Long Beach just a block from the beach. Quaint 1950s building converted to condos. Lovely hardwood floors, travertine tile upgrades in kitchen and bath, and tons of storage space!! On the down side, there is street parkin...

If you were wondering just how many foreclosures there are in Long Beach, then here's some stats for you. This shows how many foreclosed homes are currently listed for sale on the MLS for each ZIP code in Long Beach. 90802  5190803  990804  3090805  109 (yep, more than twice as many as the next h...

In this time where foreclosures are the topic of dinner conversations, some of you may have heard the term "Cash For Keys." If you or someone you know is facing foreclosure, or being evicted from their home because of foreclosure, this is something that you need to know. Cash For Keys is a method...

  15351 Orange Ave Apt 8 Paramount, CA 90723 2 BR / 2 BTH / 837 SF MLS - P638960 $139,000 For Sale View Details   Long Beach, CA 90802 1 BR / 1 BTH / 741 SF MLS - P610906 $155,000 For Sale View Details 1261 E 1st St Apt 6 Long Beach, CA 90802 1 BR / 1 BTH / 613 SF MLS - P662061 $158,900 For Sale...

Even though I've never gotten a single offer accepted on any short sale I've ever tried to get a client into, I continue to try. Often times I find the agents with these listings to be unresponsive and sometimes downright rude. This past week I showed one of my clients a unit up for a short sale....

I noticed on the MLS today that the price dropped again on a property that I think is a really strong investment opportunity. Nobody's scooped it up yet because it needs some help on the inside, the bathroom especially. But it's a 2-bedroom, 1-bath condo only 1 block from the beach, with a parkin...

I've been a member of AR for just over 3 months now, since moving to my new brokerage. I would like to say I've been blogging steadily but truth is I've had a hard time getting myself to post regularly. Over the last few weeks I've made a stronger effort to post more items with more relevant info...

In July of this year, Congress passed the Housing and Economic Recovery Act of 2008. Among the many provisions meants to stimulate the economy and the housing market is a $7500 tax credit for those who purchase a foreclosed home. If you purchased or are planning to purchase a foreclosed home betw...