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The reason Waterlily went 50k over list is that it was a short sale and not an REO.

Kat Short sales are often misleading only to the extent that often the list price is purely fictional. Once an owner is under water on their home, they dont care how much they get for the house any more so any list price that gets some action is all they are looking for. Thats why one day...

Short sale listing prices are basically figments of the seller's imagination. New current strategy with short sales is to drop the price so much that you generate some activity and hopefully a couple of offers to the bank. However, inevitably the bank will counter at a much higher price than...

Lantana has 1 more phase to build out. It consists of 5 homes and will start where the sales parking lot currently stands. This in addition to the 4-5 homes they currently have and the model homes themselves. The last phase is expected to be ready during the summer.

I thought this was a fairly balanced article. As a Realtor who plans to buy a home in Irvine in the next 2-4 months, what I got out of it is that if you get a good deal on single family/detached home with good schools and planned to live in it at least 5-7 years, you will do OK in this market...

Time to buy? Depends on whom you ask Experts' answers vary, with some saying the real estate market is full of bargains, and others saying, 'You ain't seen nothing yet.' By JEFF COLLINS The Orange County Register Comments 7 | Recommend 7 The number of homes for sale has gone through...

Irvine Commuter I agree with you that the typical commission does not work in every situation. If you are a homeowner who has the time and knowledge to get the highest possible price for your home, then you do not need the services of a full service broker. There are plenty of limited...

Awgee I am not trying to convince you that you should use the services of a Realtor. If you don't value the services of a Realtor, then you should not pay to use one. People hire Realtors because they either lack the time or the interest in doing what we do. I would say a large portion...

What does a Realtor spend? Much of the consternation about Realtors from the public comes from the fact that are salaries are very public and easy to calculate. However what is not often looked at is the fact that most Realtors are basically a small business in and of themselves and thus...

ACPME Actually getting or saving that last 25k in a transaction is all about what makes the difference between a good agent and a bad agent. A good listing agent will try to expose the market to 100% of all buyers who are looking for that class of home by creating websites, doing...

Hello All I am new to the board but have been following the various discussions for the past few months. I am currently a realtor for Coldwell Banker in the Silicon Valley but will be moving down to Irvine next year to be closer to my wife's family. Thus, I have a high level interest in...