Housing Prices Fall | Why Would Anyone Still Be A Realtor? Okay, I get it, you’re not in it for the money. You’re on a second or third career and you’re just coasting now. You’re an empty nester and it makes you feel good to think you’re in business. You love the camaraderie of being [...]
2011 Could Be The Worst Year In The History Of Real Estate Man, am I glad that I don’t rely solely upon real estate for an income. In fact, I’m really glad we began to diversify when we did. By most accounts, 2011 might be the worst real estate market we’ve seen in a long [...]
Good News! Less Homes Underwater | Bad News…Why? From the “ain’t that a kick in the pants department”…there was some good news in real estate this morning. However it is borne of bad news and only serves to underscore the problems in the housing sector. Bloomberg and CoreLogic are reporting that there were actually fewer [...]
Banks Can’t Foreclose Fast Enough To Keep Pace With Defaults The Wall Street Journal is reporting that the average person in foreclosure has not made a payment in 492 days! That’s the average mind you. That means that most who are in foreclosure have not made a payment in over a year and have found [...]
The Short Sale Is Dead! The Rocket Docket Rules! Ok, I’m calling it and yelling it from the mountain tops…well from as high a roof here in South Florida as I can find as we are kind of lacking for mountains. But you know what I mean. The Short Sale as a viable method of [...]
Short Sales, Foreclosure, Deed In Lieu of Foreclosure, Strategic Default Impact On your Life and Credit The economy is struggling back from the lowest point in our history since The Great Depression. The real estate market is 20 to 40 % off its highs in the year 2005. You purchased property and it is now [...]
Are You Still A Real Estate Agent? If So, Why? And what’s your real job? Seriously, this now has to be a question asked of many Realtors out there. It’s funny. When data that just hammers home the reality of the imminent housing sector collapse, where is the National Association of Realtors and Lawrence Yun? Right [...]
Smith Mountain Lake Real Estate And Why You Should Check It Out An old college fraternity brother recently got married and I was in the wedding. It was held at a place called Smith Mountain Lake. Once I got back I felt compelled to write about it. Smith Mountain Lake may not be newsy, but [...]
Pending Home Sales Slump Further In September More bad news for the real estate market. Although these studies seem to run about 30-60 days behind, all you would have to do is ask a working Realtor (yes, there are some) if they are seeing any movement in the market. Chances are you’ll find that the [...]
30 Year Mortgage Rates To Be Affected By Federal Reserve Action We’re getting quite a few requests from people in the business world who want to be guest contributors here on iNEWS. Today I’d like to introduce you to another new author here. Please welcome guest contributor, Mari Hethcoat. The Federal Reserve today noted that [...]
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