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  • "Santa Monica Neighborhood Among Most Expensive In LA" - Patch.com"Real estate in California is expensive, but in Los Angeles County it can seem exorbitant – like that record-breaking $1 billion property that hit the market in Beverly Hills. Yup, that's billion with a 'B.' But what about average home prices countywide? PropertyShark, a website that provides in-depth real estate data, analyzed neighborhoods in Los Angeles and found the median home prices in Quarter 3 of 2018. Surprisingly, they found that L.A. area's top 20 most expensive neighborhoods are overall twice as pricey as NYC's 20 most expensive..."
  • "C.A.R. releases its 2019 California Housing Market Forecast" - PRNewsWire.com"A combination of high home prices and eroding affordability is expected to cut into housing demand and contribute to a weaker housing market in 2019, and 2018 home sales will register lower for the first time in four years, according to a housing and economic forecast released today by the CALIFORNIA ASSOCIATION OF REALTORS®' (C.A.R.). C.A.R.'s '2019 California Housing Market Forecast' sees a modest decline in existing single-family home sales of 3.3 percent next year to reach 396,800 units, down from the projected 2018 sales figure of 410,460. The 2018 figure is 3.2 percent lower compared with the 424,100 pace of homes sold in 2017..."
  • "Who is taking a stand on affordable housing in Pittsburgh?" - NextPittsburgh.com"Since the turn of the century, Pittsburgh has emerged as a story of reinvention and rebirth in the face of a changing economy. While the gains from our emergence as a hub of research and technology are real and hard-won, they don’t tell the whole story. Since the year 2000, housing — perhaps the most basic human right — has become significantly less affordable in Pittsburgh. According to a study commissioned by the city’s Affordable Housing Task Force, the average cost of a rental home has increased by $116 monthly, far exceeding the rate of inflation, while the median income of renters has remained stagnant at around $26,000 per year..."
  • "Requested amendment to downtown project could be 'deal-breaking' for Tulsa Development Authority" - TulsaWorld"Urban renewal and city officials have concerns over a developer’s request to remove the retail portion of a proposed downtown project. The Tulsa Development Authority tabled the item at a meeting Thursday. Developers Neal Bhow and his son Shaun Bhow of Hartford Crossing LLC have asked the TDA to amend an agreement for a development at 111 S. Greenwood Ave., allowing them to eliminate a proposed ground-floor food hall and dropping the building from five stories to four. The proposal for 55 housing units remains unchanged..."
offrs Review: Plan for the long haul (winter cometh)!!!

offrs Review: Plan for the long haul (winter cometh)!!!

What are you doing to prepare for the next housing market slump? Here's a quick review of the problem of seasonal dip and an approach on how to stock up in advance.

As seen on MrMoneyMustache.com...

 

While this is no new concept for any seasoned veteran, you should always be squirreling away financial resources for that winter market that seems to lurk around every corner. But going one step further, you should be viewing your leads in this opportunity-scampering light as well (this will require solid real estate data to pool from). We all have them… certain contacts that you just haven’t had much traction with on closing, but who have made their interest nonetheless obvious through continued (and continued… and continued...) inquiries.

Go ahead and pull these out of the “later” bin (or trash) and place them square into a newly created “emergency leads” list. Go on… it’s okay. Now, as you begin to stack up leads that are showing more interest in window shopping than buying a home, you can store them safely in your “emergency leads” category. Of course, you’ll still have to follow through with them here and there, but at least it’ll make the begrudging work of doing so become a part of your strategic endgame (surviving the winter that your competition hasn’t been saving up for). So… save some cash, save some leads and survive. Winter… it cometh!

 

offrs Reviews are little snippets of humble insight from the staff here at offrs. We’ve seen it all (or nearly so) and while we bow to the wisdom of coaches who help you be better at what you do, we hope these Best Practice reviews (cute anecdotal tips, really) will make your coffee a little warmer some mornings. Connect with us at www.offrs.com.
 
 

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