Real Estate News for Tuesday, November 22nd, 2005

Hope everyone is ready for the Thanksgiving holiday! I want to apologize for the late posts on my website lately. I'm actually out of town this week to visit family. So please bear with me for a while, I can only post when I have free time and anywhere I can find dial-up or a coffeeshop with wireless internet! Thank you!
~Tina.

Washington, California, and Texas Are Top Three States for Home Searches, According to HomePages.com HomePages™ reports that since launching over a month ago The Evergreen State, Golden State, and The Lone Star State have generated the highest number of visitors shopping for homes and neighborhood information. Illinois and Virginia round out the top five states, followed by New York (6), Florida (7), Colorado (8), New Jersey (9), and Georgia (10), respectively. In addition, HomePages found Seattle to be the top city in terms of consumers shopping for homes, with two of the top five cities hailing from Texas: Fort Worth (2) and Dallas (5). Not to be outdone by Texas, California claims seven of the top 25 cities including: Los Angeles (3), San Francisco (9), Sacramento (13), Sunnyvale (14), San Diego (15), San Jose (17), and Irvine (22). Click here to read more.

San Diego is seen as the top city in the nation for investors seeking to buy commercial real estate in 2006, according to a widely watched survey of industry experts. While that's good news for current owners of office, industrial and apartment buildings, the survey also suggests that sky-high prices and rising interest rates may be starting to cool investor demand for commercial properties. It's a great time to sell. It's not going to get much better than this," said Dean Schwanke, vice president of the Urban Land Institute, which compiles the survey with PriceWaterhouseCoopers. Click here to read more.

Realtors group hopes to combine state's roughly 70 multiple listing services into one, predicting benefits for agents, buyers and sellers.
SoCalMLS: Based in Anaheim, it serves all but two Orange County cities, plus much of southeast Los Angeles County and parts of the Inland Empire. With 35,000 members and at least 10,000 properties listed for sale, it is one of the largest listing services in the nation.
Newport Beach Association of Realtors: Serving Costa Mesa and Newport Beach. Its MLS is expected to merge with SoCalMLS by 2006.
GSB: Great South Bay MLS, serving cities from Carson and San Pedro to just south of Los Angeles International Airport. Some, but not all, of its members participate in the alliance.
CLAW: Combined Los Angeles-Westside MLS, stretching from central Los Angeles west to Malibu.
Southland: Serving the San Fernando and Santa Clarita valleys and the Simi Valley area.
i-Tech MLS: Serving Glendale and the Pasadena and foothill areas.
MRMLS: Multi-Regional MLS, stretching from northeast Los Angeles County into the Inland Empire.
DAM:Desert Area MLS, serving Palm Springs and surrounding communities.

These Southern California MLS's are not in the MLS Alliance:

Sandicor: San Diego County Regional MLS, covering cities from Oceanside to San Ysidro.
DCAoR:Desert Communities Association of Realtors, covering Twentynine Palms, Morongo Valley, Needles and Yucca Valley.
Big Bear BOR:The Board of Realtors in the Big Bear area.
RIM: Rim of the World MLS, serving the Lake Arrowhead area.
Click here to read more.


~Tina Jan~
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com