Waiting for housing prices to rebound? Don’t hold your breath… so says SmartMoney’s Jack Hough who pulls up a chair on Mean Street and points out the truth in numbers. When will U.S. house prices recover? Likely never. But that’s no reason not to buy. The latest S&P / Case-Shiller numbers, reported last week, show that prices in 20 major markets declined 3.5% over the year through February. They’re now back to 2002 levels. If we subtract for inflation, they’re back to 1998 levels. Agents, watch this video and share your comments… Urgent Short Sale Notice: Must attend Short Sale industry [...] Click Here To View More
Warren Buffett Says He’d Buy a Couple Hundred Thousand Homes
By Katherine Tarbox, Senior Editor, REALTOR® Magazine Warren Buffett, CEO of Berkshire Hathaway, said yesterday on CNBC’s “Squawk Box” that buying single-family homes is such a great investment right now, if it were practical, he’d buy a couple hundred thousand of them. Given how low rates are for a 30-year fixed-rate mortgages (3.95 percent, according [...] Click Here To View More
AGENT ALERT: Bank of America Announces Foreclosure Moratorium
As the holidays approach, Bank of America will comply with applicable Holiday Moratorium requirements to avoid causing emotional distress to the occupants of a property. URGENT: What do the top 5567 REO listing agents know that you don’t? Learn how to cash in on the REO and BPO explosion that is happening NOW. Watch the FREE Agent REO/ BPO Secrets video and download the FREE Book. DOWNLOAD NOW>>> Note: Free REO/ BPO Training Guaranteed for the first 100 Agents Only. For this reason, foreclosures, evictions, relocation assistance (cash for keys) or lockouts should not be scheduled or occur during the following [...] Click Here To View More
2012 Real Estate Predictions | How To List REOs | 2012 Short Sale Guidelines
As we round the bend into 2012 the question on every REALTORS mind is….”What will 2012 be like for home sales“. Simple answer, more of the same..just a lot more so. Like it or not, we are in this corrective housing cycle for at least another 3-5 years (depending on your market). Across the US we are now seeing clear evidence that the foreclosure ‘crisis’ is spreading. Foreclosures are no longer just a ‘sand state’ challenge. According to Rick Sharga, “The ‘inflection point’ of REO sales that suggests the beginnings of a recovery probably won’t happen until 2014 Then it’s [...] Click Here To View More
President Clinton Interview On Letterman
By Katherine Tarbox, Senior Editor, REALTOR® Magazine Hope you caught former president Bill Clinton on Letterman the other night. If not, watch this clip to see Clinton’s take on what he believes the government should do for housing to get the... Click Here To View More
The Groupon of Housing
By Katherine Tarbox, Senior Editor, REALTOR® Magazine In April, Dream Town Realty in Chicago and Groupon tried to bring the daily deal phenomenon to the real estate market. Only 219 consumers purchased the $25 Groupon, which offered a $1,000 cash incentive to buyers who purchased with the brokerage by April 9, 2012, or sellers who listed [...] Click Here To View More
How To List REOs | Agent Selling 500 Homes Per Year
Are you ready to learn how to become a REO listing agent…? Here is the information you need: Harris Real Estate University Superstar Interview. Featuring Rhyan Finch. Why was Rhyan selected to be a HREU Superstar…simple, he represents the new breed…the new generation of top producing agents. In just 5 short years Rhyan has gone from being a plumber to selling over 40 per month. You read that right, he is tracking to sell well over 500 homes over the next 12 months. Thats 70,000,000 in home sales! The best part….he had NO REO listings just 9 months ago. NONE…thats [...] Click Here To View More
Trulia’s Home Offer Report & Interactive Map Reveals Where Homebuyers Can Find Deep Discounts Across America
Today, Trulia launched its Home Offer Report to help give homebuyers and sellers the upper hand – whether they’re making an offer or putting their home on the market. This brand new quarterly report and interactive price reductions map offers ZIP-code level insights on when the first price reduction occurs in your neighborhood, where the [...] Click Here To View More
Trulia’s Home Offer Report & Interactive Map Reveals Where Homebuyers Can Find Deep Discounts Across America
Today, Trulia launched its Home Offer Report to help give homebuyers and sellers the upper hand – whether they’re making an offer or putting their home on the market. This brand new quarterly report and interactive price reductions map offers ZIP-code level insights on when the first price reduction occurs in your neighborhood, where the [...] Click Here To View More
Breaking News: Short Sales and REOs Now 47.7% Of ALL Sales!
I need to apologize to all Real Estate University Students…(and Real Estate Insider News readers)….when I said: ” 2012 Is the Year of the Short Sale “ What we should have said was…”2012-2015 Are The YEARS Of The Short Sale”. In other words, the time to be a short sale agent is NOW and will continue for at least 5 years! Read on: CNBC’s Diana Olick wrote a very interesting article on her blog today…here are the highlights with a few comments: Foreclosures and short sales (when the home is sold for less than the value of the mortgage) accounted [...] Click Here To View More
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