Tag: realtor

Phillies Legend Jimmy Rollins Relists Exceptional Encino Home for $10.8M

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When a home’s price is reduced, it’s typically a play to coax potential buyers onto the field. But will someone step to the plate and take a swing at this Southern California mansion?

Owned by former Philadelphia Phillies shortstop Jimmy Rollinsthis home in Encino, CA, will still require ample of cash—even with the nearly $1 million discount.

The nine-bedroom, 11-bath dwelling has returned to the market for $10.8 million, after listing last year for $11.75 million.

Spread over 11,000 square feet on a half-acre lot, Rollins’ residence is a modern gem.

Built in 2018

Realtor.com

A bird’s-eye view

Realtor.com

living room

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Kitchen

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Covered patio

Realtor.com

Situated in the highly sought after Royal Oaks community, the posh home is pristine in every way. Vaulted ceilings, two huge staircases, balconies, and incredible views all wow the senses as you enter. A gorgeous great room is warmed by a fireplace and opens through huge doors to a lovely backyard and patio.

The kitchen is packed with amenities, including two islands (one for eating and one for prepping), double fridges/freezers, two ovens, and lots of wine storage.

Another fireplace is found in the primary suite, which also features its own private

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Avoid These Top 5 Financial Mistakes for Smart Money Management in 2023

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No one likes making mistakes, especially when they can be costly. I know that you likely share my perfectionist tendencies and are often averse to taking risks. As physicians, we are trained to carefully consider the risk-benefit ratio before making any decision because we know the consequences of making a costly mistake. While mistakes are inevitable in some aspects of our lives, we must be conscious of and deliberate in avoiding financial mistakes, as they can be detrimental to our financial well-being, and they can have significant consequences.

As an anesthesiologist, I understand the importance of minimizing mistakes, and I’ll do everything in my power to prevent them from happening. While some financial mistakes may seem obvious, such as not spending more than you earn, or hiding your money in your mattress, there are others that are not as apparent. By being intentional and mindful, we can set ourselves up for greater success in the future.

In this blog post, we’ll discuss the top five financial mistakes that you need to avoid in 2023 to achieve smart money management. From not diversifying your portfolio to investing in something you don’t understand, we’ll cover expert tips to help you avoid these

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Homes in Erie are selling faster than anywhere else in the United States

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Homes are selling faster in Erie than in any other city in America, according to a realtor.com article. Of the top five cities listed where homes are selling fastest, Erie is followed in order by Traverse City, Michigan; Youngstown, Ohio; Peoria, Illinois; and Charleston, West Virginia.

more: See Erie County’s 10 most expensive homes sold in 2022

The article says the median list price for homes sold in Erie in March was $197,450. Houses in this area of ​​Pennsylvania are selling two weeks faster now than they did at this time a year ago.

In 2022, homes spent an average of 71 days on the market before they were sold. Today, it takes just 58 days. Of course, home prices in Erie are considerably lower than the national average, which was $424,000 during March.

Nanci Lorei, of Marsha Marsh Real Estate, is quoted in the article, saying, “There’s definitely a huge shortage (of homes for sale) right now.”

Thanks to Greg Rubino for sending along this interesting article.

Living: Erie rental market includes new and unique options, but not everyone can pay rising costs

● A federal judge on March 30 ruled Major League Baseball must settle a suit with

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Does a Canadian realty price-fixing lawsuit have merit?

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A proposed class-action lawsuit alleges that some of Canada’s largest brokerages and real-estate associations are engaged in price-fixing to inflate Realtor commissions.

Brokerages named in the lawsuit include ReMax, Century 21, and IproRealty Ltd., as well as the Canadian Real Estate Association and the Toronto Regional Real Estate Board.

The lawsuit claims that there is an agreement, among brokerages in the Greater Toronto Area, which applies to any individual listing on the Toronto Multiple Listing Service (MLS).

“When it comes to listing your home for sale, you typically sign an agreement with a listing brokerage,” broker and real estate commentator David Fleming told CTV’s Your Morning on Monday Morning. “You pay a fee and then usually half or some of that fee is offered as an inducement to a buyer’s agent. So this suit is alleging that there is a fix of two and a half per cent, which is what the suit said, that basically forces people to offer that.”

Fleming explained that, on MLS, “you’ll see a lot of two per cent commissions, a lot of half a per cent to one per cent through discount brokerages. There’s a lot that offers one dollar, which is effectively a

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Limited supply keeps Colorado’s housing market off balance

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Colorado homebuyers continue to struggle with an ongoing housing shortage.

Although the Denver metro area experienced an inventory increase from 2475 active listings in February 2022 to 4108 last month, the housing market remains unbalanced, according to the Colorado Association of Realtors February report.

Last month, the monthly supply of houses statewide was just over one month, and while that’s a 120% year-over-year increase, there is still a need for more homes to meet demand.

“With supply remaining low — up four times the amount from this time last year but still 75% short of anything resembling a balance of supply and demand — one would hope that more inventory and lower prices would be a positive development for the buyers who just want to get into a good home,” Realtor Matthew Leprino said in the report.

Prices tick up

Statewide, single-family homes recorded a median price jump of 3.1%, rising from $520,000 in January to $536,000 in February.

The number of homes sold statewide dropped last month compared to February 2022 — 4,231 properties changed hands — a drop of about 20% from a year ago.

In the Denver metro area, 2537 homes sold in February 2021 — down

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What is a recession? The economic concepts explained. What causes and happens during one.

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Inflation has slowed down and gross domestic product has revived, but most economists still expect a mild recession this year.

In December, consumer prices rose 6.5% from a year earlier but that was down from a 40-year high of 9.1% in June. Core prices, which exclude volatile food and energy items, rose 5.7% annually, according to the Labor Department’s consumer price index.

Another CPI report is due out Tuesday and is expected to offer key insights on the state of the economy.

Meanwhile, GDP, or the value of all goods and services produced in the US, increased by 2.6% in the quarter that ended Sept. 30, after dropping at an annual rate of 1.6% in the first three months of the year and 0.6% in the second three, according to the federal Bureau of Economic Analysis.

Wait, are we in a recession? How to tell? Keep a close eye on unemployment, consumer spending

Computer to worker: You’re fired! Layoffs in a likely recession this year could be determined by software programs

So how could a modest downturn happen? The past two recessions were sparked by shocks to the economy – a housing crisis and a pandemic. A downshift this year

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New association president excited for realtors to do ‘our whole jobs again’

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Stepping into a leadership role at any time is an adjustment and doing so on the heels of a changing real estate landscape offers its own set of complications.

But Amy Layton, who took over as president of the Niagara Association of Realtors in December, understood what she was facing.

The region’s real estate market is still finding its footing, following a series of ups and downs. Last year, Niagara saw its overall home value fall 12 per cent year-over-year, after an increase of 25.4 per cent from 2020 to 2021. But that market, with its sky-high prices, quick transactions and multiple bids was “completely unsustainable,” said Layton.

This year is a different year, and her role as president is a motivating return-to-normal. It’s time for realtors, herself included, to “sharpen it up.”

“This is back to reminding everybody (to) sharpen their skills and brush up on everything if they haven’t done it already,” said Layton. “We’re always going to be needed as a realtor but now you actually have to use your skills again, which I’m really excited about. We get to do our whole job again.”

It’s also about getting back to basics, and a reminder of why

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