Tag Archives: interest+rates

How To Get A Loan Mod Approved Part 4: Foreclosure and Mod Offers

Part 4: Foreclosure and mod offers. Your loan mod appears like you’re making some progress and you are actually starting to get a hopeful.  At the same time, you’ve got that gnawing feeling that the bank may not get you … Continue reading

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There’s Gold In Them Thar Hills

Yes, yes the real estate market is turning.  Sales are up, distressed properties are down; the economy is getting better with an improving jobs picture and interest rates are crazy low.    Never before has there been such a confluence of … Continue reading

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Is The Economy Getting Better? Ask And Listen

I talk to a lot of people.  It’s just the nature of being in real estate; people want to hear what is happening in the housing market and as a Realtor, I find new clients by sharing my information and … Continue reading

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The Great Recession and the Retooling of the American Realtor

The Great Recession has caused Detroit to reinvent itself; Main Street to redefine itself; Wall Street rethink itself; Silicon Valley to reboot itself and the American Realtor to retool them self.  In fact all of the above will have retooled … Continue reading

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How Important Are Comps? OR A Funny Thing Happened On The Way To The Closing.

Just how important are comparable sales in the home selling process?  In “Real Estate Principles,” the fundamental course for all real estate licensees, students are taught that market value is, “Whatever price a willing buyer and willing seller agree to, … Continue reading

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I’m Mad As Hell And I’m Just Not Going To Take It Anymore

Peter Finch in Network, remember? Well I’m glad that’s over.  What?  Didn’t you hear?  The banks are settling the foreclosure debacle for $25 billion… that’s billion with a ‘B.’  I guess that means it’s all behind us now.  The banks … Continue reading

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Ho-Hum Case-Shiller…

As kids are often quoted, “Bor-ing…”  It’s the last Tuesday of the month and Case-Shiller posted the numbers from November.  No surprises; prices down, sales up; blah, blah, blah. When I was selling homes during the 1990’s and buyer’s were … Continue reading

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All I Want For Xmas Is…

All I want for Christmas is my two par-tees, my two par-tees, my two par-tees, all I want for Christmas is my two par-tees, so we can have a merry Christmas.  So the song goes… sort of…  No I’m not … Continue reading

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Case-Shiller: Predictably Not Great, But…

As I’ve been saying since the Government’s near shut down in July/August, America’s home buying confidence has been shaken.  The National Association of Realtors Pending Home Index has been pointing to a decline in price and sales for months.  Yesterday’s … Continue reading

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Finally A Step In The Right Direction

As many of you may recall I sent an open letter to the President last month begging for a refinance relief plan for underwater, but current borrowers.  Yesterday the Federal Housing Finance Agency (FHFA) announced changes to the ineffectual HARP … Continue reading

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