More housing news about Freddie and Fannie this time. The interesting thing about this is that they obviously are not pushing short sales as hard as they should be, maybe some of those short sale initiatives aren’t working as planned? The article comes courtesy of Michael Kraus, who makes a few interesting observations: (a more [...]
4 Comments
Posted in Market News
Tagged analysis, fannie mae, freddie mac, news, short sale, short sales
Tagged analysis, fannie mae, freddie mac, news, short sale, short sales
Came across this press release by CoreLogic which puts out a short sale research study with some very interesting statistics, the first of which has to do with short sale fraud, which we have talked about here before. You can download the full PDF file, for free, by clicking this link HERE. It’s a very [...]
1 Comment
Posted in Education, Market News
Tagged Education, estimates, forecast, fraud, research, short sale, short sales, study, volume
Tagged Education, estimates, forecast, fraud, research, short sale, short sales, study, volume
I always find it amusing when someone thinks they are entitled to a short sale simply because their home is underwater. We have said it over and over again; but this little Q&A blurb from MarketWatch (paraphrased below) explains it very well: WASHINGTON (MarketWatch) — Question: In your June 4 column, you mentioned that a [...]
1 Comment
Posted in Education, Market News
Tagged foreclosure, hardship, lender, short sale, short sales, tips
Tagged foreclosure, hardship, lender, short sale, short sales, tips
Housing Wire author Cary Steinberg recently wrote an interesting piece on about HAFA and HAMP. The premise of the article is that HAFA (the Home Affordable Foreclosure Alternative) will likely be successful because it is an exit strategy for homeowners, allowing them to sell their house for less than they owe – as opposed to [...]
No Comments
Posted in Market News
Tagged analysis, foreclosure, HAFA, HAMP, harp, news, reo, short sale, short sales
Tagged analysis, foreclosure, HAFA, HAMP, harp, news, reo, short sale, short sales
I read an interesting article today in the Las Vegas Review-Journal that has to do with the impact of the real estate market on agents. The downward pressure on house prices coupled with reduced buying has impacted the real estate agent career path significantly. Raising two teenage daughters in Las Vegas is tough enough. Throw [...]
No Comments
Posted in Education, Market News
Tagged advice, las vegas, market, real estate agent, realtor, short sale, tips
Tagged advice, las vegas, market, real estate agent, realtor, short sale, tips
