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 [...]
Tagged analysis, government, HAFA, HAMP, news, short sale, short sales
Pretty interesting find over at The Big Picture, detailing how to use Google Maps to find foreclosures: Google Maps keeps evolving, expanding the ability to drill down into granular detail. The latest updated trick? Mapping foreclosures for sale. Our friends at Chart Porn — a blog that got its name from one of our posts (honest!) [...]
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 [...]
Tagged analysis, housing market, NAR, news, short sale, short sales
Very interesting video and article by the Associated Press today along with commentary from the LA Times: Some startling information from the AP this morning indicating that sales of previously owned homes are down over 27% in July. The credit for this has partially to do with the expiration of the federal tax credit for [...]
Tagged market, NAR, news, realtors, short sale, short sales, trends
More market news about short sales Courtesy of The Signal, in California. The title of this article is, “Short Sales Hamper Market”, and it’s an interesting article because it somehow backwardly blames the housing problems on Short Sales, even though we have shown over and over again that short sales are actually a mitigating factor, [...]
Tagged california, foreclosure, news, realtor, short sale, short sales