Heinrich's Blog

Have you ever heard of REAL ESTATE 2.0? In short, it’s all those technology related websites out there trying to deliver real estate data to joe consumer or to jane agent trying to earn joe’s business. Visit http://www.1000wattconsulting.com/web2.0/ Basically, this is a summary page showing all t...

In a regressive housing market like the one we are experiencing today, sellers can find themselves chasing the market in reverse. What I mean is, they keep lowering the price of their home and still no one buys. They just can’t catch the market. Let me illustrate with a REAL LIFE example. Seller ...

Getting a handle on the real estate market is never easy. Is the market going up? Down? Flat? If you’re looking to buy or sell, the intensity can get ugly. You grab listing brochures, read the local paper and talk to your neighbors. Your hunting for facts. We all know things are tough out there, ...

Countrywide is big. Really big. Just in the last six months they’ve provided 16% of the home loans in the US. According to the LA Times: On Wednesday, the company was said to be having trouble borrowing money on a short-term basis, securities analysts discussed the possibility of a Countrywide ba...

The Idaho Statesman reported today that residential housing is saturated with stagnate inventory that is out of touch with affordability. The report encompasses Boise, Meridian, Nampa, Caldwell, Star, Middleton Kuna –Ada and Canyon County’s. Facts supporting the story are from Metrostudy, a consu...

My first post regarding short sales took place January 2007. In that post, I featured 34 listings. Today, I can feature 87 short sales . That’s 156% increase. Ouch! Our market is under increasing pressure and investors are sure to benefit. If you’d like to explore one of these opportunities, or h...

According to the Idaho Statesman, Ada County housing prices have risen despite our slump in the market. Ada County’s median home price rose 2 percent in July despite the 12th consecutive month of slumping single-family home sales, according to industry data released Monday. The source for this in...