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Ron King inquired:


Free Real Estate Listings

With real estate markets struggling in tumultuous waters, real estate sellers are looking toward more non-traditional venues to widen exposure for their properties. You can now look at a real estate listing online rather than going through traditional agents. Using a free real estate listing has its ups and downs; here are some tips for evaluating online properties and how to make your search work for you!

With traditional newspaper listings, you will read through various listings and segregate the ones that seem the most appropriate for you. You then have to write down the phone numbers and contact data on a piece of paper and then call up the owners/brokers to make an appointment to see the property. Without a photo, your work may be fruitless when you find yourself driving up to a shanty or a piece of property that does not at all resemble the parcel that was advertised.

Also, newspaper listings normally run on a weekly basis. So if a parcel has sold during the week, there is no way you can check it without actually calling up the owner/broker. On the other hand, a free real estate listing online is updated every day or possibly twice a week.

As we all know, presenting a timely offer can make a huge difference when it comes to negotiating the price for your new home. When you employ online listings, time is on your side. You don’t need to go through all the listings in order to determine the ones that meet your needs. You can specify various search criteria to view only those that you are interested in. This is an enormous advantage when compared to newspapers, where listings are sometimes presented in no particular order. You can save a lot of time online by browsing only through listings that are of interest to you.

There is also no need to take down phone numbers etc; you can easily get printouts of the real estate listing online you want. Some websites also furnish facilities to track those real estate listings. You could even contact the sellers by placing a message through the website (some websites offer this type of email feature). An additional significant feature of online listings is that a lot of them have images of the property. You can browse through the images and see if you like the property before contacting the owner.

A real estate listing online offers a lot of ease. But along with the convenience, a free real estate listing has some caveats. Use the websites wisely for compiling information or finding a realtor. Remember that in some cases sellers who choose to advertise may be a little more dedicated about making a sale. Use the ease of the Internet to help you save time and simplify your selected properties. Whether you are looking for commercial real estate, an industrial property or apartments in other states or cities, the Internet offers many opportunities for prospective buyers to compare and contrast the latest listings, increasing your choices and your purchasing ability!

La Blue Eyez inquired:


I’m looking to buy my first home and I’m totally clueless. My agent is taking me out this afternoon to look at some listings he thinks I may like. Is it ok or acceptable for me to bring my camera and take photos of the places so that I can remember them (as long as no one is living there)?

Real Estate Advisor inquired:


The community of Del Cerro is located in central San Diego County, California. The community is located off Interstate 8 at the College Ave exit.

The real estate and homes for sale in Del Cerro fall into the low to moderate income-categories. The number of homes sold in a particular year is relatively high. For example, during the period from January through July 2006, approximately 137 single-family homes sold. Approximately 142 homes sold for the same period in 2005.

One method to analyze pricing trends for a particular community is to evaluate the median and average price of homes for a particular month, and compare that data against the same period last year. What follows is a comparison of the median price and average price of homes for the past seven months (January through July 2006), compared against the data for the corresponding time period in 2005.

The median price of homes represents the point at which half the homes are above a particular price point, and half the homes are below a particular price point. The average price of homes is calculated by adding up the sales price of all homes sold in a particular month, and dividing that value by the number of homes sold.

The median price of homes in July 2006 was $632,000, compared to $590,000 in July 2005, which represents a 6.2 increase. The average price of homes in July 2006 was $680,557, compared to $620,571 in July 2005, which represents a 9.9% increase. Approximately 21 homes sold in July 2006 and 20 in July 2005. In summary, there was an upward price trend in July 2006 compared to the same period last year.

The median price of homes in June 2006 was $557,500, compared to $545,500 in June 2005, which represents a 2.1% increase. The average price of homes in June 2006 was $622,327, compared to $613,060 in June 2005, which represents a 0.80% increase. Approximately 13 homes sold in June 2006 and 30 in June 2005. In summary, there was an upward price trend in June 2006 compared to the same period last year.

The median price of homes in May 2006 was $620,000, compared to $615,000 in May 2005, which represents a 0.8% increase. The average price of homes in May 2006 was $652,730, compared to $604,844 in May 2005, which represents a 2.7% increase. Approximately 30 homes sold in May 2006 and 16 in May 2005. In summary, there was an upward price trend in May 2006 compared to the same period last year.

The median price of homes in April 2006 was $560,000, compared to $680,000 in April 2005, which represents a 17.6% decline. The average price of homes in April 2006 was $597,593, compared to $726,804 in April 2005, which represents a 17.8% drop. Approximately 27 homes sold in April 2006 and 23 in April 2005. In summary, there was a downward price trend in April 2006 compared to the same period last year.

The median price of homes in March 2006 was $557,000, compared to $635,000 in March 2005, which represents a 12.3% drop. The average price of homes in March 2006 was $639,667, compared to $655,836 in March 2005, which represents a 2.5% drop. Approximately 21 homes sold in March 2006 and 25 in March 2005. In summary, there was a downward price trend in March 2006 compared to the same period last year.

The median price of homes in February 2006 was $594,750, compared to $530,000 in February 2005, which represents a 12.2% increase. The average price of homes in February 2006 was $664,679, compared to $565,882 in February 2005, which represents an 18.5% increase. Approximately 14 homes sold in February 2006 and 18 in February 2005. In summary, there was an upward price trend in February 2006 compared to the same period last year.

The median price of homes was $595,000 in January 2006, compared to $512,500 in January 2005, which represents a 16.1% increase. The average price of homes in January 2006 was $713,909, compared to $575,470 in January 2005, which represents a 24.1%. Approximately 11 homes sold in January 2006 and 10 in January 2005. In summary, there was an upward price trend in January 2006 compared to the same period last year.

So what does the data tell us? Well, the data above does not reveal a consistent pattern. Early in the year (January and February 2006), home prices were up year-over-year in the range of 12% to 24%. However, prices were down 2% to 17% during March and April 2006, compared to the same time last year. And then, for the last three months (May, June and July 2006), moderate price gains were observed ranging from 1% to 10%. Given the ups and down described above, a longer period of evaluation is needed to determine if a clear pattern emerges. Contact an experienced Realtor to obtain additional insights about the pricing trends in the Del Cerro real estate market.

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