Leslie Gudel remains one of the most recognizable faces to Philadelphia sports fans, thanks to the 19 years she spent as an anchor and Phillies reporter on Comcast SportsNet. But these days, with her hair cut shorter and her face covered with glasses, she’s a little less recognizable to the people she’s interacting with in her new career selling real estate for Coldwell Banker, working out of the agency’s Wayne office. >> READ MORE: Former Comcast SportsNet host Ron Burke returning to TV On a recent day, Gudel had just finished showing an apartment to two clients and happened to mention she was heading to Cooperstown, N.Y., for her son’s baseball tournament. Blissfully unaware of Gudel’s lengthy career covering baseball, they informed her that’s where the Baseball Hall of Fame is located. “I said, ‘That’s cool. I’ve been a baseball fan for a long time, and I can’t believe I haven’t been there … [Read more...] about Leslie Gudel spent 19 years on Comcast SportsNet. Now she’s selling houses.
Sell house quickly
It's tough out there for would-be homeowners.They're facing rising mortgage rates, higher home prices and a shortage of available houses in many markets. Plus, recent changes to the tax law do them no favors.So what can a potential homebuyer do?GET PERSPECTIVEHigher mortgage rates may feel like salt in the wound for those shopping in tight markets.Rates have been rising since late last year. The average rate on a 30-year, fixed-rate mortgage hit a high of 4.45 percent last month. That's its highest since 2014, but still well below where it's been historically."The fours are not a terrible place to be," said Skylar Olsen, director of economic research at Zillow.So what does this cost the homebuyer?If the median home price in the US is $225,264, then over the life of a 30-year loan at 4.5 percent you'd pay $148,506 in interest. At 5 percent, it rises to $168,057 in interest. That's a difference of $19,551.But for perspective, consider the $229,849 someone would pay over the life of the … [Read more...] about Landing the right house in a tough market for homebuyers
Call them the frustrated wannabe sellers — eager to list their homes for sale this spring but feeling locked out of their markets by severe inventory shortages and rising prices in many parts of the country. They want to move. They believe they could sell relatively quickly. But they can’t find affordable, desirable replacements for their current homes because there are fewer to choose from. So they don’t list, thereby contributing to a pernicious cycle that worsens the inventory squeeze. According to the National Association of Realtors’ latest data, total listings of homes for sale are down by 8.1 percent over the past year alone, and they have fallen year over year for 33 consecutive months. A new study by Trulia.com found that inventories have sunk to their second-lowest level since the company began tracking them in 2012. Meanwhile, prices are up in major segments: median starter homes by 9.6 percent for the year, trade-up homes by a median 7.5 percent. … [Read more...] about Shortage of houses for sale reaches ‘epidemic’ levels
Last Updated Jun 6, 2011 7:17 AM EDT With the housing market continuing to tank, if you've got a house for sale that's sitting on the market, you're probably going to have to cut the price. But it's hard to tell how much to cut. You don't want to panic and cut too much, but you don't want to price yourself out of a sale by keeping it too high. Now if you don't need to sell the house, meaning you've just put it on the market to test the waters, you can afford to just wait it out. But if you've already bought a new house, moved, or are trying to sell a vacation or second home, then you've got a different decision to make. If you're like most people, there are certain expenses you need to cover every month for your house. And the longer it sits on the market, the more those expenses pile up and reduce the total value of the ultimate sales price. You can figure out these numbers on your own, but a good estimate is that it probably costs about 1% of the value of your home to keep it each … [Read more...] about House Still For Sale: Cutting The Price May Save You Money
Last Updated Aug 3, 2009 2:28 PM EDT Who says super high-end homes aren't selling? In last week's Los Angeles Times' Hot Property column, real estate editor Lauren Beale revealed that Hugh Hefner and his Playboy Bunny Wife Kim sold their house next door to the Playboy Mansion for a cool $18 million. That sounds like a lot of cash, but Hugh and Kim Hefner took more than a bit of a hit from the March 2009 $27,995,000 list price - a 35 percent decline in the sales price. According to Beale, the house is a 7,300 Tudor-style home built in 1929, with 5 bedrooms, 7 bathrooms on 2.3 acres backing up to the Los Angeles Country Club. Celebrity site TMZ offered up this photo which shows that perhaps Mr. and Mrs. Hefner took the whole "next door neighbor's thing" to a whole new level. Like many empty-nester families, the Hefners are supposedly selling because their sons are heading to college. Will they downsize into one house (presumably the Playboy mansion) instead of two? Meanwhile, there are … [Read more...] about Who Bought Hugh Hefner and Playboy Wife Kim’s House for $18 Million?