Launches site with step-by-step instructions for agents
30-year fixed rate at 5.78%; 10-year Treasury yield at 4.61%
Extends fee-for-service brokerage in new markets
Condos prove to be wise investment choice
Six brokerage offices affiliate with franchise
Modest price growth expected
Plans very long occupancy
Site home to mostly artists, small businesses
Signs lease for additional 10 years in Los Angeles area
But maintenance, ventilation, emergency escape can be problematic
Expect more frustrated sellers as lenders tighten standards
Diary of a real estate rookie
Part 1: Prospecting in a buyer's market