People often tell me that when they were in college they assumed owning a home was something they would only do much later in life. The goal of being a...
How bad is it for you when you live in a ghost town? Drives down property value, doesn’t it? Well, Washington thinks America’s cities are turning barren, with empty homes...
Whoops! Experts in the real estate field really slipped up on this one. Since the expiration of the homebuyer tax credit, pending home sales have been in a steady decline....
Home appraisals are often the most stressful part of any home sale. You never know if your home is worth what you’re hoping to get for it. You never know...
Duck! Your bank is falling! A few years ago, that would have sounded as absurd as “The sky is falling!” But that was a few years ago and we live...
How long do you think it’ll be until demand for homes outstrips supply? Half a year? 1 year? If your friends have been telling you the recession is over, tell...
The evidence so far clearly shows that the surge in home sales in the first 2 quarters was completely due to the tax credit. So the slow down over the...
Have you heard of the Housing Opportunity Index? It was developed by the National Association of Home Builders and Wells Fargo to measure how affordable housing is around the country....
Two quarters in a row the number of homeowners classified as “underwater” has declined. That means that “only” 11 million homeowners owe more than their homes are worth. (In case...
It seems some numbers are up while some numbers are down. That seems to be the norm in this crazy economy. If you look at things one way the glass...
Woah, harsh news being reported by the NAR. I know it’s hard to be the bearer of bad news, but I’m pretty sure we all want to take out our frustrations on them. Their study reveals that sales of previously owned homes fell 27.2% from June to July. Everyone expected sales to drop since the...
You know the government loves to dish out “I told you so” like it’s all they know how to say. You find a single company stepping out of line and suddenly Washington comes down on them with God’s wrath saying “We told you so.” So now it’s time for us to say to Washington “No...
Have you been wondering how real millionaires manage to make so much profit in the real-estate business?. Watch the video above then click below to find out for FREE. You can also win one of the THREE houses Kenny Rushing is giving away. These are nice houses in good areas, and he’s even paying the...
Delinquency rates have fallen again for the second straight quarter. That means the number of people more than 60 days behind on their mortgage payments is less than it was last quarter. Now it’s holding at 6.67%, down from 6.77%. Last quarter was the first time in 3 years that the rate fell. But we’re...
Sometimes the strategy you take in business can mean a ‘life or death’ situation. There is always the fear when taking a risk that it might backfire and you could lose absolutely everything. This is the situation you can sometimes find yourself in when you’re in business, whether it be Short Sales, Real Estate or...
One of the greatest challenges in life is getting back up on your feet when you’ve suffered a great loss or gone through a very difficult period of time in your life. Reading what many of you have been e-mailing in, I know that this is something that some of you are still struggling though...
Becoming successful at something is never easy. It takes time, effort, courage a little bravery to keep telling yourself that you CAN achieve your goals and you CAN push through the hard times. You CAN do it. Thats true with both Short Sales as it is with many other endeavors in life. If you need...
Apparently, ServiceLink, a Pittsburgh based company, has dramatically decreased the turn around time in a short sale. They’ve beat the national average by a third. That’s 30 days instead of the more common 90. And from start to finish, they’re claiming 75 days instead of 5 months. Now that’s a pretty good claim. How did...
Some people, mainly those calling themselves human and living on Planet Earth, are tempted by money to do dishonest things. Those who never feel tempted couldn’t find lawyers to represent them so they’ve moved to Jupiter. So those of us left might possibly think about letting our fingers dip into a pot that just might...
Premiums will be going up for single-family mortgage insurance from the FHA. This just passed in Congress and should be signed into law any day now. So what will it mean to you? Premiums can go up by as much as 1% capping off at 1.55 percent. (This is in addition to their raising of...
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