Sunday, October 31, 2010

Kelly Clarkson Lists Her Nashville Home

The Real Estalker alerted us to the fact that Kelly Clarkson, the first American Idol winner, is on the move. Clarkson has listed the Nashville home she bought in 2007 for $1.49 million. The Real Estalker covered this home in April 2008 so we can do a little compare and contrast with the listing pictures. It looks like, given the current very staged decor, Clarkson has already moved on but not before she changed some of the landscaping, added white plantation shutters, darkened the hardwood floors and went a little crazy with the paint selections. Practically every room is a different vivid color. Clarkson also upgraded the kitchen with green cabinets and new stainless steel appliances. Clarkson has listed the home for $1.449 million which means she will take a loss on the home.

Credit:Luxist Image credit

Monday, October 25, 2010

How to get real estate prospects on Facebook

Facebook is huge right now and most of us are there, but few real estate agents are using it appropriately or to their best advantage.

I will try not to judge you if you are on Facebook playing games like Farmville, but you really need to rethink if this is the highest and best use of the largest network you have access to on any given day.

Instead of farming in Farmville, how about farming for prospective clients? 

Few tools have been as effective in my marketing as Facebook. I find it to be uniquely handy at staying in touch with a large number of people in a low key and fun way. It is also a wonderful way to keep reminding my sphere that I am in real estate…but careful here, we don’t want to be spammy about it!

So turn off the games and start using Facebook to plant the seeds for future business. Here are a few tips for the real estate agent who is looking to learn how to tailor their marketing to Facebook.

Read more at Agent Genius

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Sunday, October 24, 2010

Housing supply crisis worsens

The Australian property market is currently recording about 4.1 months of effective housing supply, new data has found.

According to RP Data's latest research, Australia is currently in the midst of a terrible housing shortage, with Melbourne the worst sufferer.

RP Data's research analyst Cameron Kusher found Melbourne has the lowest current effective supply at 2.8 months, while Perth and Brisbane have the greatest effective supply recorded at 9.0 and 5.9 months respectively.

The Perth results indicate that this market remains consistent and has recorded the greatest effective supply amongst all of the capital cities since the beginning of 2007.

According to Mr Kusher, the Perth market has been recording a poor market performance for much of the period following the significant surge in property values recorded in the city between 2005 and 2007.

He said that since that time, sales volumes have become sluggish and clearly, a significant volume of properties have been available for sale which has resulted in an elevated level of effective supply.

The soft market conditions within the city are reflected by the fact that on average there was 7.6 months of effective supply in the Perth market - property values increased by 4.4 per cent since the beginning of 2007.

"Melbourne on the other hand has the lowest effective supply amongst major capital cities (2.8 months) and recorded one of the strongest levels of growth in values between the start of 2007 and August 2010 increasing by a total of 51.2 per cent; the strong market conditions over this timeframe have resulted in increasing demand for properties and as a result, those listed for sale have been being rapidly consumed by the market," Mr Kusher said.

Credit:Rebonline