Investors buoy home sales. 40% of purchases were for second properties. Fueled by baby boomers at the peak of their earning power, investors or those wanting a second or vacation house bought four out of every 10 homes sold last year, the National Association of Realtors reported yesterday. In San Diego County, the figure was much smaller – 17.2 percent – according to locally based DataQuick Information Systems. The NAR data showed that without the strong presence of investors in the marketplace – those who were lured by quickly rising appreciation and poor returns from other investments – the record number of homes sold last year would have been significantly lower. Click here to read more.
Coldwell Banker continues to innovate at 100. At the tender age of 23, Colbert Coldwell looked around and saw both devastation and promise. The year was 1906 and the place was San Francisco. It was 18 weeks after the "Great Earthquake." Coldwell, with only two years of real estate experience, took on a lawyer and a bookkeeper as partners and opened a real estate office amid the debris of the earthquake. In 1913, the two partners left and Benjamin Banker came on board. Coldwell Banker today has more than 126,000 sales associates in over 3,800 offices in 29 countries and territories. It is the largest real estate franchise organization and ninth largest franchisor in the world according to "Franchise Times." The Coldwell Banker system earned $325.9 billion in closed sales volume in 2004. Click here to read more.
Real Estate Agents Advertise Unlimited Listings At LuxuryHomeAndEstates.com the new real estate page from Beverly Hills People. Real estate professionals can now upload their listings and color photos in an elegant presentation at LuxuryHomeAndEstates.com. This website is a new marketing tool and will be Free for six months. This website offers real estate professionals world-wide exposure and highly-targeted access to the tens of thousands of luxury home buyers who search online each month. Over $200,000,000 of property was posted in the first 4 days. Agents and brokers can go to the luxury home and estates signup page and sign up for a no-obligation free membership for 6 months. After signing in, real estate professionals can upload their listings and color photos. There are already many listings from top agents across the U.S. representing companies such as Coldwell Banker, Sotheby's, Prudential California, Hilton & Hyland and Keller Williams, to name a few. 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
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