Russians On The Move .

   As much of the United States Real estate heads through more hardships, the Russians target the market . Russians now have the United States as one of the top five destination they choose to buy. The other four are

Brad Pitt and Angelina Jolie Selling Exclusive Malibu, Encinal Bluffs Real Estate

Brad Pitt and Angelina Jolie are selling their amazing Malibu beachfront home!

One of Malibu's most coveted coastline views is available for purchase. 

This architectural mid-century home sits on approximately 1.26 acres situated on the Encinal Bluffs. The exclusive community of  Encinal Bluffs have been and are currently home to many celebrities. The currently list of famous neighbors in the area is

Plan ahead for a bright future!

“Bob, it’s October and you’re already talking about 2012! Next year is still three months away. Give it a rest buddy.”
I’m sure that’s exactly what many agents are saying under their breath after reading the headline of this article. But believe me; it’s not too early to think about 2012. In fact, it’s the perfect time to start planning for the coming year. We all know business tends to slow down this time of year, so this gives you a perfect opportunity to devote whatever free time comes your way to planning for next year.
I believe that if you do, you can – and will – boost your bottom line next year. Here are a few pointers that I’ve seen work with my clients year after year.

Will this help?

WASHINGTON — The federal government’s expansion of a mortgage refinancing program could reduce the monthly payments of up to one million homeowners, but analysts said the modest scope of the plan meant it would probably do little to heal the housing market or help the broader economy.
The refinancing program announced on Monday will let people qualify for new loans no matter how far the value of their homes have declined.
The effort, built on sweeping voluntary agreements with the mortgage industry to let people refinance even if their homes have declined in value, reflects a new White House emphasis on economic measures that do not require Congress to overcome its bitter partisan divisions.
It also maintains a choice President Obama made in the early days of his administration to focus on reducing monthly payments rather than on the amounts that borrowers owe, the latter being what a growing number of liberal and conservative economists consider necessary to resolve the problem.

Supply vs. Demand: Why Is Housing Hurting?

Do you agree? Let us hear us your thoughts!

Is low demand or poor supply the biggest cause for concern in the current housing market?
Of course, one of the biggest problems facing the U.S. housing market right now is that there aren’t enough buyers for homes. Mortgage rates are hovering near their lowest levels in most Americans’ adult lifetimes, but demand is anemic.
But we have written about a surprising trend: housing inventories have

Staving Off Change To the Grit of the Bowery.

Do you agree?



It is the original boulevard of broken dreams, a street where a flophouse or two still lingers from its days as Skid Row, and where every day hungry men jostle through the doors of a remaining Christian mission for a hot meal.

Fred R. Conrad/The New York Times

The area is being transformed by luxury hotels, art galleries and high-rises.

Fred R. Conrad/The New York Times

A Christian mission for the homeless remains on the Bowery, once known as Skid Row.

It is easy to forget, looking at such scenes and at the sooty, weathered buildings, that the Bowery was once an avenue where banks put up palatial headquarters, where Al Jolson and W. C. Fields regaled vaudeville crowds, where Allen Ginsberg howled his poems and Roy Lichtenstein popped art.
“The Bowery! The Bowery! They say such things and they do strange things,” went an 1891 song. But generic glass-and-steel towers, trendy hotels, art galleries and chains like Whole Foods have been chipping away at the street’s character, threatening to make some blocks resemble the sleeker stretches of Avenue of the Americas or Third Avenue in Midtown. A bare-bones room at the Grand Hotel at 143 Bowery — named for the cross-street, not its opulence — can still be had for $12 a night, but more typical is a room at the five-year-old Bowery Hotel, a pastiche of the Victorian and the bohemian where rooms can cost

New mortgages, are they are helpful?

The rancorous debate about how to address our escalating national debt has dominated the conversation in Washington lately. What isn't getting much attention inside the Beltway -- but should -- is a looming event that could have major consequences not only for your home's value but also for the overall economic recovery. Barring last-minute action by Congress, upscale housing is about to take another punch to the solar plexus -- just as it's struggling to stabilize.
At issue are the limits for so-called conforming mortgage loans that can be bought or guaranteed by Fannie Mae, Freddie Mac, and the Federal Housing Administration. These mortgages have the implied backing of the U.S. government, which lowers their interest rates and down payment requirements. Back in 2008, at the height of the financial crisis, Congress temporarily hiked the conforming loan limit from

Stay positive!

  Well as the reports continue to bring us more statistics of doom and gloom it is certain a few positive results will come from this. Klockle is constantly  researching  the local and global markets which impact us. Here are some statistics and answers to help navigate with success in these changing times. 

 

                                                                                           FACTS

     1. The economy will force more sales of homes.

     2. New buyers will now be ablle to buy for a great price.

     3. Foriegn buyers can now afford the US for second homes from all over the world with the currency value lower on the US Dollar .

     4. The US is still a stable and safe realestate investment compared to the rest of the world.

     5. The national population will continue to require housing .

     6. Rentals have statistacally risen.

     7. The market is less volitile now than it was in 2006-2010.Though it has continued to drop the swing is much less drastic

     8. The corrections were necessary and are stabalizing.

     9. Compared to other cities in the world the US is providing good value.

     

                                                                             MARKETING SOLUTIONS

 

     1. YOUR BUDGET: Select forms of advertising affordable to you .Just because you are struggling does not mean NO advertising is going to bring you new leads .

     2. THINK OUT SIDE THE BOX: Find new innovative ways to attract a new pool of buyers .

     3. FREE:

Should you buy now?

    SHOULD I THINK OF BUYING A PLACE NOW OR WAIT  ?

 

     

        We will start the answer to this question with  four questions.

                            

1. Are you presently with savings in the bank for a substantial down payment in order to qualify for financing ? 25% to 35%

                          

2. Will your financials hold up to the new standards of the banks lending practices?

                            

3. Will you be able to carry the payments for a period of eighteen months if you lost your job?

                           

4. Are you currently happy in your current job and location?

 

         If you answered Yes to these questions than the answer for you is ABSOLUTELY YES. BUY NOW.

 

 Here are some of the reasons we say BUY NOW  !!

Invest in Real estate they are not making any more of it!

With the Stock market being volatile. Increasing the traditional real estate investment will seem more and more appealing. In the old days investors focused on cash flow to cover real estate expenses, bank mortgages, taxes, insurance and all miscellaneous expenses. Recently real estate appreciation became the force to drive the market in to full speculation. With the prices getting corrected, old equations make sense again. Making this a Realtor/investors dream opportunity to stock their portfolio with positive cash flow inventory . This is possible after a decade of fighting off speculators with appreciations as the only sensible indicators. Now positioning yourself in the marketing correctly you will be able to take advantage of this once again.

Klockle in the Chicago Daily Herald

 As seen in the: Chicago Daily Herald
http://finance.dailyherald.com/dailyherald?Page=MEDIAVIEWER&GUID=19524476

NEW YORK, NY, September 22, 2011 - Klockle.com made its debut on the US real estate market scene last month when the Swiss based company launched its New York City office and new site. The site provides both the public and real estate professionals a user-friendly access to all types of real estate listings from residential to commercial rentals and sales, to direct liquidations from banks and lenders, to auctioned properties.

The innovation behind Klockle.com relies in the accuracy of its listings which are updated regularly and systematically removed after 90 days and, its ability to reach a global audience in the language and currency of their country. The site now reaches 81 countries and is translated into 52 languages.

Founder's Club - What is it? Users have free access to all the listings and

$4,300,000 Manhattan's Narrowest Townhome for Sale.

For sale the 9 and half feet wide. 990+/-sq.feet. $4.3 million Greenwich NY, townhome, or rent for $14,000 a month.. Manhattan, NY thinnest home for sale. The home was originally built over a carriage path that lead to two stables.  This unique and storied dwelling has been home to numerous stage and film stars

Klockle Launchs

Klockle Launches New Real Estate Search Engine, an Innovative Clearing House to Revolutionize the Global Real Estate Market

NEW YORK, NY, August 24, 2011  - Headquartered out of Zurich, Switzerland with the US office based in New York City, Klockle.com is designed to provide both the public and real estate professionals a user-friendly access to all types of real estate listings from residential to commercial rentals and sales, to direct liquidations from banks and lenders, to auctioned properties.

Think of Selling?

YES, if you are thinking of selling list Now !

 

     Yes Home prices are predicted to drop further. should you list now if you are thinking of selling and getting out . YES, if the prices are falling you need to advise your sellers to list sooner than later . Use this to your advantage to create more urgency and help them decide to sell or stay for the long term.

 

   1. Listing price is key . Place it 1-3% below the comps to get you in front. Buyers seeking to buy today are in need of buying and will not pass a reasonable deal priced correctly. Inform the seller this will also save less negotiating later.

   2. Time is of the essence. The  3% might be less later so make sure they move quickly on the decision to sell.

   3. Many sellers today are also down sizing in their retirement years , so they actually have equity to provide financing. Review if the seller wants to provide financing. This is a good source of income much better than the bank.

   4. Decisions to not move forward will be more emotionally taxing than to make decisions. If selling is your goal, move forward now. Let your seller know.