Bill Gross's (wjgross) Blog

Very clear post on the current market and strategies being used to succeed.First time home buyers are looking at a market that shows no mercy, is highly competitive and does not reflect the conditions of a so-called "depressed real estate market." It is not easy to find a good house at the entry ...

To help provide first-time home buyers with peace of mind when purchasing a home, the CALIFORNIA ASSOCIATION OF REALTORS®' (C.A.R.) Housing Affordability Fund is offering a new mortgage protection program to first-time home buyers. Through the C.A.R. Housing Affordability Fund's Mortgage Protecti...

For most homebuyers, bank owned properties, or REO's (short for "real estate owned") are the bargain of a lifetime. Most buyers see more opportunities than they have a chance to actually purchase, as these properties are very competitive and require a strategy appropriate with this market. Search...

The biggest challenge facing a professional real estate agent is to overcome the false impressions of the market. On one hand, overall volume and pricing is down in virtually every market segment. However, the lender owned properties are still uncommon in West Los Angeles and are still concentrat...

I am writing an article on how the mortgage industry is broken and even the largest players are incompetant. I try to explain to buyers and sellers how broken the system is and they don't believe. So, this post is to solicit your worst horror story. Go ahead, get revenge on that company that caus...

Last week, the Senate verbally approved the Fix Housing First Act, an important amendment to their version of the Economic Stimulus Bill. The piece of legislation and the Stimulus Bill are still awaiting Senate and House negotiations, but could provide all home buyers of primary residences over t...

List of REO's and Foreclosures for banks accross the country! If you are a buyer interested in buying Banked Owned Properpties in Southern California, where do you get "the list?" Well, I have the links to the following bank owned properties. Email me your request with name, phone no., and I will...

Success in these times of economic turmoil requires a positive attitude, industry-standard professional skills, and hard work. At the same time, real estate agents have to watch costs to be able to survive and thrive. That's why I love free tools. I know, like me you probably see an article on fr...

Every buyer these days goes online and sees lots of properties. Typically, they see the prices and decide they do not want to buy in the area they really want to live in. Big mistake in this market. When I work with buyers daily, I tell them there are 3 markets of listed properties: A. Retail pro...

As an active agent, I talk to buyers and sellers every day. Buyers think it is 1929, and sellers think it is 2003. I talk to 10-20 home sellers daily who tell me they are going to wait a year or so until prices are back to where they were 2 years ago. When I ask them if they base that on any stat...