Short Sales vs. Bank Owned?
June 20, 2010 by admin · Leave a Comment
My, what a difference a year makes. In late 2008 lenders, as well as industry giants Fannie Mae and Freddie Mac dominated both the active listings and sales statistics with their foreclosure inventory. Rumors abounded about an additional looming “shadow inventory” of foreclosures which would further destroy our already decimated marketplace. The oncoming “foreclosure tsunami” [...]
A Late Christmas Gift For You
December 26, 2009 by admin · Leave a Comment
I haven’t been blogging much lately (for some months) and needed an easy one to get myself started again. The gift to me is being able to post this here now. The gift to you is a really (really really) cool book from Seth Godin you can download for free, here.
I think you will [...]
Foreclosures Surge?
This was just now posted on AzCentral with the headline, "Foreclosures surged in July. This is what passes for "reporting" by most media about the real estate market. June foreclosures were 5,149. July’s numbers (per the article) were 5,316. A difference of 167 foreclosures or 3.24%. And that is being called a "surge".
I wonder [...]
8,000 Reasons
June 11, 2009 by admin · Leave a Comment
After a false start, details of the new program that allows home buyers to use the first time home buyer tax credit at closing have finally been released here. Here are the major points:
The program can only be used on FHA-insured loans. VA, conventional, and other programs are not included.
The credit cannot be used [...]
FTC Press Release
April 7, 2009 by admin · Leave a Comment
This just released today and I am passing it along. It may not apply to you personally, but you may know someone who needs to see this – so please feel free to forward this blog post.
Five different companies have been accused of using deceptive practices to market mortgage modification and foreclosure rescue services [...]
Some Very Interesting Stats
February 25, 2009 by admin · Leave a Comment
Some very interesting stat comparisons courtesy of Mike Orr at the Cromford Report.
Next you can see the Average Annual Price Per Square Foot – based on area:
And finally a "market snapshot" that illustrates some interesting comparisons.
Fox News – My 1st Time on a National Show
November 2, 2008 by admin · Leave a Comment
Fox News Oct 31st, 2008
Russell is Interviewed by Kent Dana
October 19, 2008 by admin · Leave a Comment
Bailout Completed – Stock Market Crashes
October 10, 2008 by admin · Leave a Comment
And yet the earth continues to spin on it’s axis. Perhaps we will survive even this?
