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All the hassles and pains of doing a short sale . . . well, they still exist, unless you choose to use a professional. But at least as far as...
Remember when people told you that the recovery will see gains of 3 to 3.5 percent? That prices are going to look pretty good in the next couple of years?...
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...
Good old Florida is turning out to be pretty scrappy after all. Since being one of the hardest hit areas of the country by the “downturn” they were projected to...
There’s nothing quite like learning something new, even if it’s really absurd trivia. But hey, these are important fun facts that you can use in everyday conversation, or to open...
Your check may be in the mail. That’s right, not a Publisher’s Clearinghouse one, but free money is free money so don’t ask questions. Bank of America will be mailing...
I read an amazing article that captures an amazing message for people everywhere. A lot of life’s most important lessons are learned only while your living it so it’s a...
Here’s a comparison you don’t hear very often: the home-buyer tax credit versus European debt crisis, earthquakes in Japan, and debt ceilings. I just wouldn’t have put all those in...
We’ve reached that special month of May when the year turns serious and kicks into high gear. The weather is warmer (minus some freak NE cold spells), production is higher,...
February was a good month if you’re a house – your average value went up. It might just be a temporary thing but I say milk it for all it’s...
Everyone out there who likes to talk about the real estate market likes to show off his or her own spin on what’s most important to look at. You can easily get overwhelmed with people telling you to focus on housing starts, home prices, unemployment, housing permits, loans, foreclosures, defaults, etc. Then you can go...
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....
So earlier this week I hit you with the importance of the “elevator pitch” and gave you some good advice to keep in mind when planning how to make it. I hope you took the time to look it over. Now here’s what you need to know to actually sit down and write the thing....
A new, fascinating, mind blowing, game changing study was just released. Did I get you interested yet? Sorry to disappoint you but that was pretty much all sarcastic. There really was a study but I consider it mostly a bunch of … well, you’ll see. Home prices, the study goes, are actually on the rise....
I finally decided to take a step outside of the RE market and talk about something different. But in the end it turned out that this latest craze actually fits perfectly with RE investing. I’m talking of course about Pinterest. You should definitely check it out. In case you haven’t heard Pinterest is exploding across...
I’ve got a really really practical question that you should be asking yourself. Unfortunately, I’m sure for some of you it’s come up more than once. The question is: What bill do you pay first? - Mortgage - Car loan - Credit cards The answer overwhelmingly for Americans has been for the last 4 years...
This girl Willow is doing a great job of staying in the spotlight. It’s a lesson for all of us out there in the real estate world. Keep people talking, keep them thinking about you, and make a great impression as early on as you can. It’s tough making it in this economy, no one...
Apparently, Bank of America is going into the rental business. It’s an interesting idea and, though they’re trying it on a small scale, it could be an interesting game changer. I’ll give you the scoop and you tell me what you think: BofA is taking 1,000 customers who have - exhausted all loan mod options,...
Want to hear a shocking statistic? 11.1 million borrowers are underwater. Actually, that’s not the shocking one. Here it is: 4.4 million underwater borrowers have both first and second mortgages. That’s not just shocking, it’s downright scary. Now the current government “thinking” regarding helping them get sorted out is principal reductions. And the banks are...
HUD was in the hot seat recently. How’s that for a super incredible opening line?? What, it didn’t grip you instantly? Well, let me try another one: So what if the banks wrongfully kicked you out of your home – HUD doesn’t care! Admit it, that one was a bit more scandalous. So here’s the...
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