Browsing the archives for the analysis tag

Surprise, Surprise – Government Short Sale Programs Continue to Flop

Anyone who’s followed the Art of Short Sales for any period of time knows that we have not been a huge fan of the HAFA, HAMP, and other government programs designed to ease the short sale process. This week’s CNN article by Diana Olick continues to prove that over a year after its inception, the [...]

Share
6 Comments Posted in Market News
Tagged , , , , , ,
NAR Graphs Show Housing Market Woes Far from Over

Came across these very interesting graphs from the excellent Calculated Risk Blog today: This first graph shows Existing Home Sales from 1994 and forecasted out to Jan 2011. It’s interesting how this corresponds with our other blog post from this morning discussing the woes of the housing market. The artificial boost the homeowner tax credit [...]

Share
No Comments Posted in Market News
Tagged , , , , ,
Fannie Mae and Freddie Mac REO Inventory Growing, Signals Problems

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 [...]

Share
4 Comments Posted in Market News
Tagged , , , , ,
HAMP and HAFA Analysis by Housing Wire – WRONG!

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 [...]

Share
No Comments Posted in Market News
Tagged , , , , , , , ,
Sarasota Herald-Tribune: Short Sales Favored over Bank Seizures

Came across this article in the Herald-Tribune on short sales yesterday afternoon discussing short sales in Florida as being preferred to bank seizures. If you have been an active reader of The Art of Short Sales, there is nothing really groundbreaking in that statement! Regardless, it continue to shows how short sales play an important [...]

Share
1 Comment Posted in Market News
Tagged , , , , , , ,