Blog Probes Real Estate Models

www.REALonomics.net is a blog that is asking serious questions about where the real estate industry is going. More specifically, REALonomics poses challenges to the broker/owners to adopt models that will allow their organizations to become more transparent.

REALonomics.net advocates that the industry open up the property information portals to consumers and upgrade its approach to how it is interacting with the consumer by implementing more social networking such as www.CityBlogUSA.com, a community blogging network for every city in the USA.

Visit www.REALonomics.net.

RealtyTrac Indicates CA Foreclosures Slowing

RealtyTrac, one of the nation’s foreclosure information and tracking company indicates that California foreclosures may be slowing if the September decline of 8% and the October decline of 2% continue. Orange, Los Angeles, San Deigo and Riverside Counties lead the State in foreclosures, according to RealtyTrac.

Evaporation of California RE Equity?

Is the California real estate market experiencing and equity evaporation? The blog Housing Predictor thinks so and reports the following declines in average selling prices:

California Wildfires - Values Impact

With the property destruction caused by the California wildfires, we wonder what the real estate value impact will be in the days, months and years ahead. Are there any local statistics or statistical opinions of the real estate values post wildfire? See this blog.