NMLS # 6395
Financing Kentucky One Home at a Time
When writing a column dealing with a specific topic that needs external resources, I Google the topic and set the date range for the last few days. This brings up specific related info from any number of national news feeds, blogs, etc. I always crosscheck my information and then reference it. I donâ€™t have time during any given day to monitor feeds from sources â€“ I go looking for specific info when I need it. And I totally ignore real estate info thatâ€™s broadcast on TV or the radio â€“ itâ€™s always outdated info and, more likely than not, nationally based info, not locally.
In reality, current local data comes directly from the local MLS and is actually a live feed. Since Iâ€™m a member of a few MLSs, I get data from a large area. I also subscribe to http://www.TrendGraphix.com â€“ even though Alamedaâ€™s MLS comes with a relationship with Clarus MarketMetrics, I prefer TrendGraphix.
We also have subscriptions with http://www.ReboGateway.com, http://www.ForeclosureRadar.com and more.
A fun to place to get info is http://realestateblogideas.com/ - I go there if Iâ€™m totally out of other ideas. Lastly, for a humorous look on current topics, go to The National Real Estate Post (Think Big Work Small) at http://tbwsdailyshow.com/. Good info AND funny all at the same time ...
Here is why many stories lead you to yet another source.
I will say I start me day in two places.
1. I turn on the TV on FOX business channel
2. while that is on I check the MLS for updated info on properties
3. I have many rss feeds of information for real estate for around the country
I can also say I avoid facebook for information. however twitter feeds have some good info. I have no idea why that is.
I have well over 100 emails with info each morning already in my email every morning keeping me up to date.
I can tell you that FHA is claiming they are broke when they have plenty of money in other accounts they have not touched. It is like saying you are broke with a million in your savings account because your checking account is empty.
They will ask tax payers for money real soon.
Harold Sharpe - Broker
So Cal Homes
California Department of Real Estate Broker License # 01312992
My top websites for information in order are:
1.) http://pro.mlslistings.com - provides sales data to siicon valley agents. Beyond the data, I generate my own graphs etc http://julianalee.com/santa-clara/santa-clara-statistics.htm
2.) CAR and NAR but both send emails to agents alerting them of issues they choose to follow, so usually I visit them as the result of an email.
3.) Interest rates: Freddie Mac http://julianalee.com/reinfo/mortgage.htm (but people first)
4.) Local newspaper publishers: paloaltoonline.com, mv-voice.com/, mercurynews.com/, santaclaraweekly.com, etc
4.) Nation wide aggregators of broad information always seem to lag our market or don't match it. Although I follow the Wall Street Journal, Vanguard, etc for general economic information, I don't find them very useful for local real estate market information.
I mentioned people as my top source of information. There is nothing that is as immediate as talking with people who are trying to buy a house. Talking with other agents: my team, other agents at Keller Williams, other agents I do business with, provides additional information. Top agents have access to a lot of people. Most buyers make several offers before buying a house. I make or listen to well over 100 offers a year.
For interest rates, there are lendors who really hope I will recommend my clients to talk to them. They try to provide information that isn't widely publicized.
Juliana Lee, MBA LLB
Top 3 agent nationwide at Keller Williams Realty
Over 20 years experience
Over 1,000 home sales completed in Santa Clara and San Mateo counties