3 Actions to Take After You Receive a Bogus Real Estate Email

Sam DeBord, managing broker at Coldwell Banker Danforth in Seattle, talks about a recent scam in which hackers created a fake email address using his name and sent bogus messages to other real estate professionals nationwide. DeBord gives tips for agents and brokers who receive such bogus emails.

Rapping Real Estate – Do You Know Penny?

Because we all need to laugh and not take life too seriously we highlight lot’s of ‘Just For Fun‘ posts. Here’s a great one that we love for lots of reasons. Not only is it funny but it’s also a great community video.

REALTOR Penny McLaughlin proves marketing can be fun and effective. We wish we knew Penny! Do you? :)

If you enjoyed this post you’ll certainly enjoy these other ‘Just For Fun’ posts!

City Showdown: Redfin Data Reveals How Denver and Seattle Compare Off The Field

Report also uncovers where the quarterbacks, rookies, and super fans could afford to live in each city

Seattle, WA – Jan. 21, 2014 (PRNewswire) Redfin (www.redfin.com), the technology-powered real estate brokerage, today released a report comparing Denver and Seattle when it comes to home prices, types of homes, and other city characteristics. The report also looked at where the quarterbacks, rookies, and super fans could afford to live in each city.

REDFIN CITY SHOWDOWN

What are the fans like? Healthy, wealthy and wise.

Outside of the stadium, Denver fans and Seattle fans would probably get along. According to the American College of Sports Medicine’s most recent American Fitness Index, Seattle is the #8 most “fit and healthy” city, while Denver ranks #9. Both cities are located near mountain ranges that offer a host of outdoor activities, which helps to keep each city fit.

Denver and Seattle also have a healthy economy, with numerous technology companies headquartered in the region. However, Seattleites bring home more income. According to the latest Census data, the median household income in Seattle is $63,470, vs. $49,091 in Denver. And all those high-tech jobs require a college education; in Seattle, 58% of people over the age of 25 have a bachelor’s degree or higher, and in Denver 45% of people do.

How do they live? In 1,600 square feet.

Around half the people in Denver and Seattle own a home (50.4% vs. 47.3% respectively). And it’s a good thing people in Seattle have a higher income, because Seattleites pay a lot more than those in the mile high city. According to Redfin data, the median sale price of homes sold in 2013 was $403,402 for Seattle and $260,547 for Denver.

What do they get for that price? The homes in each city are about the same size, with a median square footage of around 1,600. However, people in Denver have bigger yards, with a median lot size of 6,250 square feet vs. Seattle’s 5,500. What Seattle homes lack in yard space they make up for in views. According to data that Redfin pulled from the multiple listing service, 63% of Seattle homes sold in 2013 mentioned a view in the listing description, vs. 14% of Denver homes.

Superbowl City Comparison

Where could their quarterbacks, rookies and super fans live?

Peyton Manning

According to Spotrac, the Bronco’s Peyton Manning earns $19.2 million annually. After joining the Broncos, he purchased this beautiful home in Cherry Hills Village for $4.575 million. The estate spans more than 16,400 square feet, with seven bedrooms and 7.5 baths. It features a gun room/safe house, billiard room with full bar, home theater, an AMX home computer system, and an elevator to all three levels. If he’s looking to upgrade after this year’s big game, Redfin suggests the home at 4603 S Denice Dr, which is currently on the market for $9.5 million. It spans 21,000 square feet and has all the amenities of his current home, plus a giant pool and spa.

Russell Wilson

The Seahawks’ Russell Wilson earns just $749,176 annually, but it’s likely this quarterback phenom will get a huge raise in his next contract and might be looking to trade up into bigger digs in the near future. If he wants to stay close to the stadium, he could purchase this modern home only two miles away for $789,000. If he wants to move near the Seattle Children’s Hospital where he volunteers, there’s this home in Laurelhurst for $1.399 million.

Rookies Montee Ball and Luke Willson

Montee Ball, the rookie running back for the Broncos, brings home $866,082 annually, which is more than Russell Wilson. With that kind of income, Ball could purchase a beautiful three-bedroom home in Lone Tree, CO, for $870,550. On the Seahawks side, rookie tight end Luke Willson makes $584,633 annually. For that kind of money, Redfin suggests a unit in the brand new Solo Lofts building, close to Ballard nightlife.

Richard Sherman

One of the most talked about players this year is Richard Sherman, the Seahawks’ cornerback who taunted 49ers players in a post game interview after the NFC Championship. According to the July 2013 issue of Sports Illustrated, Sherman lives in the suburbs of Seattle, near a forested area that attracts deer and other wildlife. He makes an average of $555,606 annually, but that’s surely going to increase after this tremendous year. When he’s ready to upgrade, Redfin suggests the estate at 20515 SE 388th St, listed for $1.1 million. The 7,200 square foot home is surrounded by 10 forested acres, and offers plenty of space for entertaining friends and family after the big game.

For the Fans

Super fans who want to live within two miles of the stadium have plenty of options in both cities. There are 299 homes for sale near the Mile High Stadium, with a median list price of $489,000. Redfin suggests the home at 3319 W. 20th Ave, just four blocks from the stadium, with an asking price of $449,900. There are 194 homes for sale near CenturyLink Field, with a median list price of $537,000. One option is the renovated condo at 1119 1st Ave, #301, which is on the market for $245,000 and just a short walk to the stadium.

To read the full report, complete with images, click or paste the following link: blog.redfin.com.

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate broker that represents people buying and selling homes. Founded and run by technologists, Redfin has a team of experienced, full-service real estate agents who are advocates, not sales-people, earning customer-satisfaction bonuses, not commissions. Redfin.com features all the broker-listed homes for sale, as well as for-sale-by-owner properties that don’t pay brokers a commission. Redfin also offers online tools that make the entire process of buying or selling a home easier and more fun. The company serves 22 U.S. markets and has closed more than $13 billion in home sales. In 2012, Redfin was named one of The DIGITAL 100: World’s Most Valuable Private Tech Companies by Business Insider.

Trulia Classifies Housing Markets in San Francisco Bay Area, Seattle, Denver, and Salt Lake City as “Booming”

Rents Gains Cool Down Nationally as More Multi-Unit Buildings Are Completed

SAN FRANCISCO (BUSINESS WIRE) Trulia (NYSE: TRLA) today released the latest findings from the Trulia Price Monitor and the Trulia Rent Monitor, the earliest leading indicators available of trends in home prices and rents. Based on the for-sale homes and rentals listed on Trulia, these monitors take into account changes in the mix of listed homes and reflect trends in prices and rents for similar homes in similar neighborhoods through January 31, 2013.

Rising Asking Prices Signal Strong Price Recovery

Indicating the strength of the home price recovery, asking prices rose 0.3 percent quarter-over-quarter (Q-o-Q) in January without seasonal adjustment—despite the fact that prices typically fall during the wintertime. Seasonally adjusted, prices rose 2.2 percent Q-o-Q. Moreover, prices rose 0.9 percent month-over-month (M-o-M), the highest monthly gain since the price recovery began. Year-over-year (Y-o-Y), prices rose 5.9 percent; excluding foreclosures, prices rose 6.5 percent.

January 2013 Trulia Price Monitor Summary

Booming Housing Markets Have Both Price Gains and Healthy Fundamentals

Healthy housing markets are defined by strong job growth, low vacancy rates, and low foreclosure inventory. In “booming” markets such as San Francisco and Seattle, rising asking prices are supported by strong job growth and are unthreatened by future foreclosures. However, investor-fueled price increases in “rebounding” markets like Phoenix and Las Vegas are at risk from slow job growth, high vacancies, or future foreclosures. At the other end of the spectrum, healthy markets without dramatic price gains, such as Houston, will continue to hum along after avoiding the worst of the housing bubble and bust. Meanwhile, markets like Chicago continue to struggle without strong market fundamentals or big price gains.

New Construction Eases Rent Gains Nationally

With more newly-constructed multi-unit buildings coming to completion, rent gains fell behind asking price increases at the national level for the first time since the price recovery began last spring. In January, rents rose 4.1 percent Y-o-Y nationally, slowing down from 4.7 percent in July 2012. Regionally, rent gains cooled the most in San Francisco, where rents rose only 2.4 percent versus 11.5 percent in July 2012. According to the Census, construction activity in San Francisco has been well above normal for the last year, and it’s nearly all in multi-unit buildings.

NOTE: Among largest 25 rental markets. All figures are rounded, and differences (rightmost column) were calculated before rounding, so some differences shown may not equal the difference of the rounded values.

Pre-Approved Quotes

  • “In many local markets today, dramatic price gains can mask serious red flags,” says Jed Kolko, Trulia’s Chief Economist. “Strong job growth, low vacancy rate, and low foreclosure inventory–not huge price gains–are signs of a healthy housing market. Without strong underlying market fundamentals, price rebounds might be here today, but gone tomorrow.”
  • “Rent gains are slowing down because of more supply, not less demand,” explains Jed Kolko, Trulia’s Chief Economist. “Many of the multi-unit buildings that have been under construction over the past two years are now coming onto the market. Renters in San Francisco, Seattle, and Denver are starting to get a touch of relief, even though rising prices might put homeownership out of their reach.”

Multimedia

  • To read the full report, see here.
  • To download the full list of price and rent changes for the largest metro areas, see here.
  • To download a graph of price changes from January 2011 to January 2013, see here.
  • To download a scatter plot graph contrasting price trends with the market’s health for the 100 largest metros, see here.

Methodology

To view the full methodology and 2013 release schedule, see here. The next release of the Trulia Price Monitor and the Trulia Rent Monitor will be Tuesday, March 5, at 10 AM ET.

About Trulia, Inc.

Trulia (NYSE: TRLA) gives home buyers, sellers, owners, and renters the inside scoop on properties, places, and real estate professionals. Trulia has unique info on the areas people want to live that can’t be found anywhere else: users can learn about agents, neighborhoods, schools, crime, commute times, and even ask the local community questions. Real estate professionals use Trulia to connect with millions of transaction-ready buyers and sellers each month via our hyper local advertising services, social recommendations, and top-rated mobile real estate apps. Trulia is headquartered in downtown San Francisco. Trulia is a registered trademark of Trulia, Inc.

Contacts

Trulia, Inc.
Daisy Kong
(415) 400-7391
pr@trulia.com

Seattle RE BarCamp Next Tuesday, September 8th

Contributor: Drew MeyersZillow

Geek Estate Blog

If you are in the Greater Seattle area or willing to travel for some geeky discussion and networking, the 2nd Seattle RE BarCamp is rapidly approaching. And if you missed the first one, please don’t miss this one because it’ll be even bigger and better! Here are the details:

WHO: Real estate professionals in the Seattle area

WHAT: RE BarCamp, a gathering of passionate real estate professionals. A casual, open, and fun way to learn about cutting-edge real estate marketing ideas.

WHERE: The Lake Union Armory Building at 860 Terry Ave N Seattle, WA

WHEN: Tuesday, September 8. 8:30 AM – 5 PM (and drinks afterwards!)

WHY: Become a better marketer. Understand brand new technologies like Twitter, Facebook, and blogging. Develop a unique message. Learn from the professional community at large.

COST: FREE! Lunch will be provided, as will a limited amount of t-shirts by our gracious sponsors.

If you can attend, please RSVP HERE for RE BarCamp! If you can’t attend, that’s okay — you can can still follow Seattle RE BarCamp on Facebook or Twitter via the #rebcsea hashtag.

solid-ground-logo

Though the event is free to attend, there is a fundraiser benefiting Solid Ground to go along with the one day “un-conference”. Solid Ground is a local Seattle charity bringing housing to the homeless with their Sand Point Housing Project. We would like you to donate whatever you might have spent on the knowledge gained, networking opportunities, breakfast, lunch, and beer to a worthy cause.

For those who can make it, I look forward to seeing you next Tuesday, September 8th for a day full of great discussion, learning, and networking!