Tag: Real Estate Market

Deven Trobash Tries to Sell House, Self on Ebay

Deven Trobash has been single for 8 years, and for the past year, she has tried unsuccessfully to sell her South Florida home. Her desperation has inspired her to combine two things in one. She is planning to sell her home for a cool $500,000 with one extra bonus, she comes with the purchase. Deven Trobash, the 41-year-old out of practice real estate agent, claims her combo listing is not a gimmick or an attempt to garner attention. Rather it is just a simple listing that combines her two greatest woes, selling her home and finding love. According to The Ledger, not everyone is on board with Deven Trobash’s idea. Her 14-year old-daughter insists that her mother is embarrassing her and many critics claim the listing is just a sales gimmick or worse yet the act of a truly desperate woman.

Deven Trobash originally listed her home on Craigslist and Ebay. Ebay has since dropped the listing because their TOS states that one can not sell a human being or a relationship. I guess Ebay is not interested in getting involved in the black market or mail-order brides. Deven Trobash told the Ledger that she has not received any serious offers yet, but has been corresponding with some people since her listing appeared.

 

The over forty mother of two has certainly resorted to a pretty high-risk dating strategy and I am forced to wonder if Deven Trobash has never heard of Match.com or has a friend or two with a single pal? There are far better ways to find love than by throwing a dollar amount on yourself as an added bonus to a home. Most people don’t want to buy a home these days in the soft real estate market, let alone a person!

 

Before putting a house and a person on the overly depressed Real Estate market there are better ways to find a mate. Let’s explore some of those ways.

 

The old bar routine is not dead yet. You walk into a bar or club and sit down. You order a drink and if you are even a remotely attractive woman odds are someone will come over to chat with you. You might not find a mate for life but you might at least get a couple of drinks and a phone number out of the deal.

 

If bars and clubs are so “1980,” a social group is a great way to go about meeting people. I’ve met people during exercise classes, in the gym and in dance classes (yes there are men in dance classes!). Joining a group that interests a person allows them to meet people with similar interests. A love connection could bloom out of that social group,who knows.

 

Join a meet-up group that is in your area. Meet-up groups are groups of people who have interests in common and plan meets every once and awhile to talk or take part in an activity. Meetup.com is the number one site for this type of thing. The activeness of the group and the member count will all depend on what type of group it is and where it is located but there are some pretty large groups that put on weekly or biweekly Meet-ups. The man of Deven Trobash’s dreams might just be waiting at her local bird watchers meet-up group.

 

The old tried and true method of dating still works, I swear it does. Millions of people find love through friends or family members. In Deven Trobash’s case I’m assuming she knows more than a few people who could introduce her to a perfectly acceptable companion. The rising divorce rate has created a whole new dating pool and people over 40 no longer have to deal with the difficult task of finding people in the same situation. Heck, I can think of many people I know who are already divorced and tons more people who are single and looking.

 

Millions of people have taken their dating to the internet when they find the bar, club and friend scene to be unsuccessful. Sites like Match.com and Eharmony.com bring together people who are looking for relationships. There are tons of websites out there and many of them are directed at certain groups or demographics. The online dating scene is a win/win situation. You can correspond with people for a while until you feel comfortable to meet up and it helps you to weed out undesirables before you are sitting in a restaurant just praying for the check to show up so you can go home.

 

In short Deven Trobash’s plea to buy her house and her companionship reeks of “publicity” stunt but if the single mom really wants to meet a great man selling herself with her home is not the way to go about it. I can only imagine some of the creeps and social misfits that would come out of the woodwork to respond to that kind of listing. There are many other, proven effective, methods of meeting mates.

Is Saratoga Springs’ Real Estate Market Finally Cooling?

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You hear it all the time in Saratoga Springs, NY, “So and so bought their house for pennies fifteen years ago, and just sold it for a fortune!” Will we be hearing much more of this kind of talk though? In the past ten years, Saratoga Springs residents have seen the downtown buildup, the historic neighborhood homes get bought up and its charecter get just a little beat up. In this flurry of change, home prices soared and many people who have lived in Saratoga Springs all their lives were simply priced out of the real estate market. Lately though, prices on existing homes in Saratoga Springs, NY seem to be dropping. What is going on in Saratoga’s real estate market?

First, it may be possible that post 9-11 migration from New York City has slowed in the absence of any more terrorist attacks. For sure, many New Yorkers were scared by the threat of violence and driven to towns like Saratoga Springs, NY, which offer many cultural benefits, are a reasonable drive or train ride from the City, and are comparably much easier and safer places to live. It is no secret that in the past five years, many of our new neighbours in saratoga Springs, NY have hailed from Manhatten and the other New York City boroughs. It is widely believed that their “big city dollars” have driven Saratoga Springs’ real estate market up to unnatural levels.

 

Secondly, Saratoga Springs is famous for and brings a very large temporary population in with its horse racing. In the past, these people returned season after season and rented homes from the locals at a premium. With the low morgage rates of the past five years this made little sense. Instead, these people bought second homes in Saratoga Springs, which serve as an investment or future retiring spot. At some point, all of these people who wanted to purchase a home in Saratoga Springs may have done so.

 

Another factor in the cooling of Saratoga Springs’ real estate market is the ubundance of land surrounding the area. There is plenty of wood and farm land to be taken advantage of. All of the new neighbourhoods poppng up on the outskirts of Saratoga Springs are proof of this. Why would someone want to buy an overpriced home in Saratoga Springs proper, with little land and the problems that accompany older homes, when they could spend less or the same money on a place very near Saratoga Springs, which is new and has all the ammenities they have personally chosen?

 

Finally, you must factor in the summation of all the above factors. That is to say, simple economics would lead one to assume that supply in the Saratoga Springs housing market has begun to outstrip demand. The much talked about over development in Saratoga Springs, NY may have finally reached its enevitable conclusion. Too many houses and condos in the Saratoga Springs housing market and not enough people to fill them. Hey, this is all ok with me though, I’m shopping for a new place.

 

Bay Area, California Real Estate Market – Is it Time to Sell or Should I Wait?

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The local and national media are “blowing the bubble” out of proportion. Listen to the experts and read the statistics as reported by NAR (National Association of Realtors) and CAR (California Association of Realtors).

 

The reality is that the market is balancing out, normalizing, flattening a bit, but experts are still predicting a continued appreciation (at least 10% if not more, compared to 20% + enjoyed here in recent years). Of course, there are no guarantees and no one knows for sure.

 

As a Realtor in the East Bay Area of California, I am seeing some price reductions on properties that have been on the market over a month, but this is because it is a Buyers market now. Agents are trying to find a starting price point after coming off of years of “throwing any price out there and getting it.”

 

Good agents do their homework and put a realistic price on the house in the first place, thus eliminating the need to broach the subject of price reduction with the Sellers. Since the Sellers ultimately call the shots,if they are properly educated on the current market (not the market 2 months ago or 6 months ago) then they are more apt to be realistic and follow their agent’s advice.

 

If you currently have or are soon to put your property on the market, and you have a good price on your property, just be patient; don’t be quick to reduce the price. Your property will sell, eventually; it’s just not a “quick-sell” market like we have enjoyed in recent years.

 

However, we are still seeing full price and near-full price offers being submitted, and even seeing some multiple offers here and there. Overall, real estate is still a great investment and experts are not predicting a loss, simply a slow decline in appreciation.