Some Real Estate Agents are *shocking* UNETHICAL!!!???

Great story in the New York Times, but a sad commentary on my profession. According to a Harris poll, realtors ranks at the bottom of the professional food chain. Number 23 out of 23 professions. Not good, but alas, we're not all grifters. Click here for the NY Times story

Feds Leave Rates Alone...Good Time to Buy

The feds decided not to touch rates. Folks they're not coming down! In fact next move might be up. Now is a good time to buy.
Click here for entire story

Southland Home Prices Set a New Record!

For the whole year, prices were up 5.7% to $486,000, and sales fell 19.4%. In 2005, the median price rose 16.5% from the year before. Sales slipped 0.4%.

"If you take last year's data and put it anywhere else, you would have said it was a banner year," said Patrick Lashinsky, executive vice president of ZipRealty Inc., an Emeryville-based online brokerage that operates in Southern California. "The only reason it doesn't look as strong is because we're coming off these irrationally exuberant years."
Click here for the LA Times story.

REAL ESTATE IN THE 818 JANUARY 2007 EDITION

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