All Blog Entries by Dave Fratello

There are currently 2,213 blog entries published by Dave Fratello.

On a Sunday like this, the open houses are like the meals for a few days after Thanksgiving: The leftovers.

Seriously, there are sellers with product on the market who'd like your attention.

They know most of you are actually on the road home, or distracted by activities like shopping, or celebrating/mourning the USC-UCLA game, or otherwise just not focused.

But maybe, just maybe, today's the day that the perfect buyer walks in to that house and decides to make an offer. So the doors are open.

(Our seasonally appropriate photo here is from DigMB's post and photo gallery from Santa & friends' arrival at the MB Village mall.)

No video tours this week: There were no debuts. We'll be back with video soon.

To plan your open-house tours for this week, try…

Just in time for Thanksgiving, and something like a holiday "break" in the Manhattan Beach real estate market, you are seeing homes selling and inventory dwindling for the right reasons.

That's before sellers simply start quitting in droves.

Here are several homes newly absorbed before Turkey Day:

1765 Curtis (5br/4ba, 3875 sqft.) is a 1980s original with some updates, in this case to the kitchen and master bath, principally.

On its second listing this year, it was asking $2.395M initially. Watching the competition chop prices and make deals, the listing came down to $2.195M (-$200K / -8%).

They've finally got a deal.

1500 Nelson (2br/2ba, 1600 sqft.) is a cottage with a spacious yard. Location is a bit of a challenge, right across from the high

The Turkeys are coming, and normally this would be a week where the open houses drop off a lot, but...

Not so fast. There are some interesting options. Some are new, and some have been with us a while. 

We begin with our video accompaniment to MBC's long-running weekend open-house feature. We've got an inside look at new listings, shot during the Friday brokers' open houses. Enjoy!

Email subscribers and mobile users will need to click on this link to see the video.

To plan your open-house tours for this week, try this Redfin map list of open houses, or click here for the Beach Reporter list of opens. (Note: The BR now uses a new format, said to be more mobile-friendly.)

Don't forget, when previewing homes here on MB Confidential, you can click "Open

If you haven't heard about TRID yet, consider yourself lucky.

If you have lived with TRID, then maybe you know. It's a bit like sleeping with a big, smelly bear. It may be a beautiful creature, but the damn thing just won't move.

Wait, Dave, what's that?

TRID is a package of new mortgage-transparency regulations. TRID is short for "TILA-RESPA Integrated Disclosure Rule." (You can go ahead and forget that, now that we've explained it.)

More disclosures, more transparency. Not a bad thing, right?

Nowadays, it is TRID, and the fear of TRID, that has mortgage lenders frozen in their tracks, doing everything twice, and twice as slow.

This week, we've closed two sales where loans weren't even literally required to be TRID-compliant, but TRID still horribly…