Housing - Short Sale Fundamentals
 
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16
May
Economy Looking Up

Economy Looking Up

There are some new stats coming out about how we’re doing, but first, let’s dispense with some rumors. Our Congress has definitely not gone the way of Greece, our leaders haven’t lost our confidence (well, I guess that’s debatable) and our currency is not crumbling before our eyes (so to speak). So we’re definitely not...

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20
Apr
I’ve Never Seen Short Sales This Easy!

I’ve Never Seen Short Sales This Easy!

Guys, we’ve just received even more evidence of how central Short Sales are becoming to the housing recovery. (This is if anyone actually needed convincing, but either way, it’s out there.) Compared to last year short sales are up 33%. They even overtook REO sales in 12 states, including many of the hardest hit ones....

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16
Nov
The FHA Needs My Help

The FHA Needs My Help

I feel so powerful these days. No, not because I’m incredibly awesome. (Did you catch my one-of-a-kind performance at the Awesomeness Fest?) But for a different kind of reason. I’m going to bail out yet another government agency. Yep, I must be pretty powerful to pull that off. Would you like to get in on...

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04
Dec
Surprising Unemployment

Surprising Unemployment

Some not so bright news to darken your weekend a little. Unemployment is hovering even closer to the ominous 10% mark. It’s been around 9.6% for the last three months and many people expected the numbers to drop even more. Not that 9.6% is low by any stretch of the imagination. The new rate is...

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11
Oct
Where Is The Money?

Where Is The Money?

If you’re anything like me then you get sick of hearing numbers and dollar signs flying around all the time. It seems that ever new story or study that comes out has a new picture to paint of the current crisis. So it’s hard to put your finger on just how bad things have gotten....

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21
Sep
Shaun’s Foolproof Dealmaker

Shaun’s Foolproof Dealmaker

Editor’s Note: This is part 2 in a 3 part series of “Competition Killer” video posts that’ll teach you in no uncertain terms how to blow your competition out of the water – SPLOOSH! These insider tips are compliments of my good friend Shaun McCloskey – a kick-butt short sale guy who’s crushing it right...

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05
Aug
FHA Raising Insurance Premiums

FHA Raising Insurance Premiums

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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22
Apr
Forbes Views on the Housing Market

Forbes Views on the Housing Market

What are we going to call the “economic downturn that we’re in? Is it serious enough to be called a second “Great Depression”? Is it just a bump in the road that doesn’t need a name? Comment below to give in your suggestion. Some people are calling it the “Great Recession.” I guess that might...

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18
Mar
Would you lend money now?

Would you lend money now?

You know those banks that got bailed out last year? Of course you do. You remember, they took all your tax money and it seemed to disappear. Yeah, I see you nodding your head. You know the banks I’m talking about. Well, I’m no expert (not about banks anyway), but here’s what I thought the...

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