Windermere and Zillow Announce Partnership
October 2nd, 2009 Categories: Find Your Home, Market Trends, Marketing, Real Estate News
The following post appeared on Zillow’s website announcing the new partnership between Windermere Real Estate and Zillow.com. I thought it was great that they mentioned Windermere in San Diego, coming on the heals of meetings held between Steve Rodgers and our Marketing Team with Lloyd Frink, Zillow’s co-founder and President.
Written by Spenser Rascoff, Zillow’s COO, see the article below:
Today, I am thrilled and excited to announce our new partnership with Windermere Real Estate, the largest real estate brand here in our own back yard in Seattle (among many other places).
Windermere is one of the largest real estate brokerages in the country, with 8,000 real estate agents and more than 30,000 listings. Windermere’s listings now appear on Zillow through an automated listings feed, which is great news for Windermere agents and Zillow’s home shoppers.
If you’re a home buyer in one of Windermere’s markets like Seattle, Portland or San Diego, you’ll now see thousands more listings in your area. All of those listings now appear on Zillow.com and on Zillow’s iPhone application, the #1 residential real estate app on the iPhone.
If you’re a Windermere agent, it’s time to celebrate and to thank your broker for doing you a huge favor. Your listings are now on one of the largest real estate websites at no additional cost to you, complete with multiple photos and open house information.
If your brokerage doesn’t currently send Zillow a listings feed, watch this video to learn more.
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Brookside Neighborhood Update October 2008
October 24th, 2008 Categories: Brookside Escondido, Escondido, Market Trends, Real Estate News
Brookside Escondido continues to be one of the best values in North County. Located in North Escondido and adjacent to Reidy Creek golf course, Brookside is a gated community of 262 homes. Want a large yard, a great place for kids to grow up, or looking specifically for a home close to lots of golf? Check out Brookside Escondido!
Here is the latest look at what’s on the market, what’s under contract and what is now under contract.
Just click on the chart to enlarge it.
This neighborhood is a fabulous value for anyone looking for large homes (from 2550 square feet up to over 3600 square feet), both single story and two story, large lots (minimum lot size in Brookside is 10,000 square feet) and lots of other amenities. It’s also a gated community, with walking trails, low homeowner fees, and no mello roos!
There are a still a few “Bank Owned” homes available, and a couple of short sales as well. If you would like more information on Brookside, please call or email us. We not only list and sell Brookside, but we live here too!
If you’re looking for Bank Owned or Forecloseure Properties, just click on this link to search all of San Diego County!
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Video Interview: How the Fannie Mae/Freddie Mac Bailout Affects Buyers
September 12th, 2008 Categories: Foreclosures & Short Sales, Market Trends, Mortgage News, Real Estate News
We’ve all heard the news, the Fed has officially bailed out Fannie Mae and Freddie Mac. Alright, now how does that affect me?
If you are shopping for a new home loan or considering refinancing an existing loan, it could have a profound effect on your buying power!
To better understand the Fed’s announcement and figure out exactly what it means for the housing market, we went to the experts. Kevin Kueneke, a Senior Loan Consultant at CW Mortgage, breaks down the news and explains what it means for San Diego.
Watch the video interview below and find out whether or not this news will change your buying power.
[youtube]http://www.youtube.com/watch?v=KBwUSj78RTQ[/youtube]
Want more information?
Read Kevin’s “First Take” on the Fed’s Announcement to Bailout Fannie Mae and Freddie Mac.
Do you have a Real Estate or Financial Question?
Send us an email and we will post a video interview with an expert answering it for you!
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6-Month Seasoning For Conventional Cash-Out Refinances
September 11th, 2008 Categories: Mortgage News
A recent and very important change in lending guidelines regarding cash out refinances is starting to rear its ugly head. Bottom line is that cash out refinances are now not allowed within the first six months of a purchase transaction for all occupancy types. 
How does this affect potential buyers? Properties that are priced to sell are receiving multiple offers, especially REO’s. Many buyers, whether buying a property as an investment, second home, or even principal residence, are deciding to submit all-cash offers so that their offer is the strongest. Their intention is to do a cash-out refinance immediately after the purchase, re-access the down payment, and use that money to purchase another home, or just to replenish their reserves.
This new six month seasoning period may make some of these buyers rethink the approach to their initial offer. Not the best of news, but important to know.
Quick Clarification: Some folks think I am talking about tapping into short term appreciation or accessing equity from a property purchased under market, not the case. This is strictly related to using the original sales price of the home as the value for purposes of the refinance during the first six months.
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