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The Realtor Bubble?
Posted by Heinrich Wiebe in Fizbomap, For Sale by Owner, News on May 16th, 2007
Here’s an idea. We aren’t facing a housing bubble. What we have is a Realtor Bubble. “Pow!”
Here’s how it works. Motivated sellers drop their prices to be more competitive. This is done at the expense of real estate commissions. Seller and buyers elect to use real estate services such as Fizbomap.com and Redfin. Prices fall, […]
3 commentsNAR vs 60 Minutes
Posted by Matt Newbill in News, Consumer Rights on May 15th, 2007
Looks like the National Association of Realtors (NAR) is a little upset about the latest 60 Minutes segment about Redfin and discount brokerages. Here’s an email that I received yesterday:
Dear Fellow REALTOR®:
I am disappointed and dismayed at the biased story that 60 Minutes aired on Sunday evening. I want to let you know that […]
Flat Fee on TV
Posted by Matt Newbill in News, Consumer Rights on May 14th, 2007
Last night 60 Minutes aired a piece on Redfin and discount real estate models. It is a big deal to get this type of exposure on national television and the program sheds new light on internet based flat fee brokerages (like Fizbomap.com) and discount brokerages alike. You’ll quickly see that traditional agents are […]
3 commentsFizbomap introduces new monthly pricing format
Posted by Matt Newbill in News on May 1st, 2007
In an effort to simplify our pricing, we’ve announced a no-setup fee approach, with a monthly payment. What this means is that you pay a monthly fee based upon the options you want.
For example. Let’s say you just wanted MLS access. This would be accomplished for $199 per month (including yard sign). […]
Short Sales In Idaho - Ada and Canyon Counties
Posted by Heinrich Wiebe in Fizbomap, For Sale by Owner, News, Tips, Listing on April 26th, 2007
Short sales can be a good way to find a great deal. On the other hand, these sorts of opportunities can be tricky, so be sure you know what you’re getting into. Here’s a link to the freshest short sale listings on the market.
You will discover 16 properties that range in price from $124,900 […]
1 commentOur Housing Bubble Is Getting Bigger - ADA, Canyon Counties - Nearly 7,500 Listings
Posted by Heinrich Wiebe in Fizbomap, For Sale by Owner, News, Tips on April 18th, 2007
It has been a month since I predicted that our housing inventory would grow to over 8,000 homes for sale in 2007. Since then, our market has picked up another 1,000 tiny little bubbles (homes). Our tub is almost full and we might be spilling over just a bit. But remember…, the peak listing […]
1 commentFirst QTR 2007 - Fizbomap.com #1 Provider
Posted by Matt Newbill in Fizbomap, For Sale by Owner, News on April 5th, 2007
The first quarter of 2007 has ended, and an evaluation of how successful we’ve been is in order. The news is stellar, so I’d better share it with you.
In only 120 days, Fizbomap.com has emerged as the #1 advertising service for Boise, Meridian, Eagle, Nampa, Caldwell area sale by owners that want MLS access for […]
Short Sales - Ada and Canyon County
Posted by Heinrich Wiebe in Fizbomap, News, Tips on March 27th, 2007
Looking for a deal this spring in ADA or Canyon County?
Try a short sale. Here’s a quick list of properties listed on the MLS and subject to a short sale.
CLICK HERE
If you are thinking of buying, give me a ring and I’ll help you put the deal together. Cell 850-3000.
My favorite thing about short […]
PART 2: Ada & Canyon County Builders - Spec-Housing Bubble
Posted by Heinrich Wiebe in Fizbomap, For Sale by Owner, News on March 25th, 2007
This post ties nicely into two prior post that relate to the current market conditions for our Treasure Valley. Builders Hold 46% of The Inventory and Ada and Canyon County Builders - Spec Housing Bubble
I’m illustrating the trouble brewing in our local housing market.
First, I pointed out that builders are holding nearly half the market […]
Ada County Housing Mix Doesn’t Match Buyer Demands
Posted by Heinrich Wiebe in Fizbomap, For Sale by Owner, News, Tips on March 23rd, 2007
I want to show more proof that the market mix is all messed up. Buyer demand is out of whack when matched up to the available inventory mix. I’m supported with data from the MLS and have illustrated below with a handy chart.
Here’s what you see…
RED bars show what’s for sale, as of today for […]
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