I found this somewhat remarkable. Of the detached homes on the MLS at the moment nearly 20% are short sales of one sort or another.
Nearly 1 in 5. That is some pretty powerful math. Are you tired of dodging the short sale opportunities because there are too many potential pitfalls?
My association, CCAR now offers a [...]
Banking behemoth BofA purchased Countrywide financial for 4 billion and some change.
Ok, so what? Well, I actually think it is a very positive thing and a sign of hopefully more to come.
First, Countrywide apparently held nearly one in every six mortgages in America at one time. That seems high to me, so feel free to [...]
While I work within the ‘traditional’ real estate structure, I am certainly not an apologist for the real estate industry or REALTORS® in particular, nor for the mortgage industry or any other sector of the broader whole. When I hear that the real estate industry is under assault from the media, I try to [...]
I am hearing a lot of this right now. To say that this is a tough time for many in our industry is an understatement.
So what can you do? Well, without knowing your business model and strategy, it is hard to answer precisely. But I thought it might be a good time [...]
The best time to buy is of course when Availability is high, Prices are low, and Interest rates are reasonable. API… Availabilty, Price, Interest.
Now, before I go any further, let me preface this by saying that I have been studying the Greater SF Bay area market pretty intently for 5 years, and I <strong>have never [...]
During my ‘digital life’ as I have worked and grown with technology I have seen a number of interesting things happen, ‘quantum leaps’ in thought and implementation. Yet certain puzzles within technology, certain ‘debates’ still rage and always will. My personal favorite is local vs central, or thick vs thin client, or centralized [...]