Foust Team Real Estate Blog
Current, relevant, and insightful topics on real estate in North Orange County, Fullerton, Brea, Anaheim, Yorba Linda, La Habra, La Mirada, and Placentia.
ARCHIVED BLOG POSTS
2008
3
Comments
First time buyers are in need of really special handling. Not only do you need to train them on the transaction of real estate but also on the advice they get. I know that people are well intentioned but, come on people - let's get informed opinions. First time buyers get advice from friends, ...
09/16/2008
11
Comments
I have heard that Google page rank is no longer active or pertinent. Does anyone know the true facts?Has Google stopped ranking pages or has it de-emphasized the metric? I would hate to be making decisions that count on page rank if something has changed. I use the page rank metric to see how...
09/15/2008
4
Comments
Buyers may be in for a surprise about the down payment needed by FHA soon. Rumor has it that they (The FHA) will be increasing the down payment required to 3.5% from the existing 3%. Not much of a change but every little bit of down can have drastic effects on the buyers. Even this small incre...
09/15/2008
0
Comments
Craftsman homes -- easily identified, right? Maybe not. Lately I have seen several homes on the MLS categorized as Craftsman. Only to be shocked when I pulled up the listing with pictures -- What were they thinking? Three of these homes were mid-century, after the war (WWII) housing boom trac...
09/11/2008
4
Comments
Recent success, i.e. opening of escrows, has reminded me how important the personal touch is in negotiating the real estate transaction. Twice in the last week I have utilized the phone versus using the fax to communicate with the other agent on properties. We all used to do this, but we seem t...
09/10/2008
1
Comments
After the take over by the Fed of Fannie Mae and Freddie Mac, what can we see next? My guess is that the Fed will continue to force interest rates down - actually went down .3 points just yesterday. But I do not think that is enough for the Fed desires. They now have this new tool to help driv...
09/09/2008
I guess the Fed has come to the rescue again - not that I like big government -- but it may be just the stimulus that our business needs. Hopefully now the financial market will quiet down, stabilize, and encourage buyers. I really believe that all the media hype about losses in the financial s...
09/07/2008
0
Comments
We just lost another property to over-list-price multiple offers in Santa Ana. This is starting to be commonplace, even the banks are playing games with the list price to encourage lots of bids and then having a verbal auction. We know this happens, but it is happening way more often now. Whe...
09/05/2008
They're back. For the first time in a long time, condos may be priced right for the new home owners. This is really nice to see, especially with the competitive market surge of units for sale. A buyer can actually negotiate a price and have many properties to choose from. Orange County Homes c...
09/02/2008
Well - here is my sad story. I have been steadily climbing in search rankings on Yahoo for quite some time. Finally got on first page and clawed my way to 1,2, or 3 position. Then, Bang, dropped (not totally off) but to position 112. I have to think that a drastic drop like that is a penalty-...
09/01/2008
Rainmaker
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812,568
Robert Foust
North Orange County | Fullerton Real Estate | Brea
Real Estate Resources
Comprehensive real estate information for sellers, buyers, and investors. Local experts for Fullerton, Anaheim, Brea, La Habra, La Mirada, Placentia, Yorba Linda, Orange, and other North Orange County areas. Another team blog is at www.foustonline.blogspot.com .