I have been using Terradatum Market Metrics - it is a fantastic resource for those of us that think the providing of Market Data is the way to provide superior service to all consumers and clients.
If this service were not included as a part of my membership - I would gladly pay for it.
This is an example of the Santa Clarita Data posted on our Santa Clarita Real Estate Blog.
Average Days on Market by Month (AVG DOM)
This chart shows the average amount of time, in days, that it has taken to get a property under contract during any given month. DOM, for any individual property, is defined as the list to the under contract date (either contingent or pending depending on your MLS). The DOM"s of all under contract properties for the month are then added together and divided by the number of properties to get the Ave DOM figure. From a sales rate perspective this metric is an "inverse" indicator, i.e. when the ave DOM is decreasing the sales velocity is increasing and Vice Versa.
The chart subtitle clearly states the percentage change between the first month's value and the last month's value (notice they are the same month but in different years). This "same" month comparison over different years is a popular real estate "yardstick" because there is no "seasonality" involved in the measurement. Thus, any changes that have taken place are primarily due to the market "forces", i.e. the collective behavior of all consumers participating in the market.
Invoking the "linear" trend line helps you recognize whether the rate of sales activity is changing over time or not; and to what approximate degree. An upward sloping rend line indicates an increase in Avg DOM (sales velocity decreasing); a downward sloping trend line indicates a decrease in Avg DOM (sales velocity increasing); and a flat trend line indicates that there has been very little change in the Avg DOM (sales velocity is stable).
Monday, March 29, 2010
Sunday, March 28, 2010
911MLS free and private real estate search
https://vr.shapeservices.com/listen.php?hash=1545dc03b818ff679b930f3c4df1850ce07b60d44e562cf25
http://911MLS.com a free and unlocked real estate search engine for all cities in southern California. from Lancaster to the South Bay and out east to the beach.
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Saturday, March 27, 2010
Market Reports for Santa Clarita Real Estate
Santa Clarita Market Data – Directly from the source – the Local Boards of Realtors.
With so many bad sources of information in the world – this one works quite the opposite. It’s data is fed with the software that has been tweaked by Top Producer Systems. It takes about 30 minutes to generate and the report will be directly e-mailed to you when it has finished compiling.
Tuesday, March 23, 2010
911MLS free and private real estate search
https://vr.shapeservices.com/play.php?hash=258efb484ba5f99251279c6f5ed02070d8147185f7ade2ab4
http://911MLS.com a free and unlocked real estate search engine for all cities in southern California. from Lancaster to the South Bay and out east to the beach.
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Sent via VR+
Sunday, March 21, 2010
Valencia California Schools and Information
Schools and Information for Valencia California
Valencia California community Information. You can research Schools and other Data that might be of assistance with your decision to move to and or from Valencia CA. You can also do comparisons by Zip Code. Enjoy these Resources and let us know if we can be of assistance.
Thursday, March 18, 2010
Assuming makes us all look like idiots.
https://vr.shapeservices.com/play.php?hash=8afc76a25780dfa8eb61cb4d44aa0e3d98f07459966228996
Slapping the trigger versus pressing. make sure your assumptions are true when relating to anothers intent. Ask before beating on your chest. your profiling might be wrong.
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Sunday, March 14, 2010
Saturday, March 13, 2010
Top Producer Systems – GREAT Client Centered Product
Market Snapshot coupled with the Community informational widget – is paramount for us to give our Clients the best and most up to date information related to all of their Real Estate Inquires.
Don’t be the agent that is constantly selling your self – you want to give your clients Factual Data, Market Data Rules and the Market Snapshot by Top Producer Systems does a great job.
Here is a view how we at The Paris911 Team at RE/MAX have utilized this product and been able to deliver it to the masses. It works well and our Clients pass it along to their friends and families so they can get the Intel and Recon on their homes or prospective Real Estate purchases.
School comparisons – Home Data, Restaurants and Community Information by Zip Code is also a big hit and I have attached that to the bottoms of each “community and city specific” snapshot!
Go to http://HomeValue911.com – to check out my Market Snapshot for Los Angeles and other Southern California Real Estate Data!!!
Thursday, March 11, 2010
Three critical Real Estate Questions Answered
https://vr.shapeservices.com/play.php?hash=9711bf4163a69a11478e804655bc078b3c0e2b3900fa3673c
The three real estate questions - what are they and what are the answers? http://blog.paris911.com
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Wednesday, March 10, 2010
Tuesday, March 9, 2010
Santa Clarita Lending – posted by our Friends at Augusta Financial and Mike Meena
There is a lot that I could say about lending, mortgages, first, second’s, gfe’s, good faith estimates and interest rates – but I usually leave that to our Team of Financial Wizards at Augusta Financial. Here is the CEO, Owner, HMFIC, and Union Coordinator – Mike Meena with his Mortgage Education which is invaluable.
It matters not if you are working with his team or not – what matters is you getting the most accurate Mortgage Market Data.
Let Mike know if you have any questions and check them out on the WEB – http://Augustafinancial.com
mike@augustafinancial.com 661-260-2970
Rock On my Friends :-)
Tuesday, March 2, 2010
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