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« If You Had to Pick the More Exspensive City Would it be LA or SF? | Main | Are Home Prices in San Francisco Really Headed Up? »

February 21, 2008

Can't Sell Your Home, How About You Swap It...

House Swapping Is a Growing Trend in Tough Real Estate Market

I used to work at a fancy television network located in New York City. You had to pitch stories daily. Sometimes those stories were good. Sometimes you pitched a story just to show your boss you were keeping busy. Every now and then you’d have to work on the latter.

I’ll show you an example of that type of story that just ran on the Web site of ABC’s Good Morning America...

“House Swapping Is a Growing Trend in Tough Real Estate Market...Wendy Bounds Discusses the Pros and Cons of House Swapping”

The story comes with two photos... One standard San Francisco shot and another shot of two “businessmen” shaking hands in what is clearly a back alley in Europe.

The story goes on to point out that the less than stellar real estate market has driven people who can’t sell their homes to now trade them. Does this really merit a story on network news?

I work with a lot of real estate agents, and have never heard anyone talk about this growing trend.

While the story is full of meaningless and obvious tips for swapping your home for another, it does offer up three great websites I’ve used before to help folks research neighborhoods.

http://rottenneighbor.com
http://walkscore.com
http://greatschools.net

So if you are one of those in the process of home swapping, I would love to hear your story.

Posted by Jeff Brooks on February 21, 2008 02:31 PM |

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