Economy

Economy

How the Robo-signing Settlement will Affect You

by Steve Cook | February 8, 2012
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As the result of a massive settlement negotiated between states and lenders that is almost complete, major changes are in the offing that will significantly change the way lenders, especially the largest banks, service defaults and foreclosures.  For investors, especially those who invest in major foreclosure markets in states in participating, the settlement will have [...]

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Economy

The Difference Investors Make

by Steve Cook | January 4, 2012
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A nation’s homes shape the quality of its citizens’ lives.  Homes are where the workaday world ends and family life begins.  Life’s passages take place in our homes; they are where children grow up and memories are made.  Homes form the building blocks of every community. Not since the Depression has a man-made disaster so [...]

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Commentary

Forget Real Estate Appreciation, Just Call it Recovery

by Ken Corsini | November 9, 2011
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Interestingly, you don’t hear the term “appreciation rate” much anymore.  I was conducting a seminar this weekend and somebody in the group asked what our annual appreciation rate was. I was taken aback because the notion that real estate values are increasing or may be on the rise in the near future almost seems taboo. [...]

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Financing Real Estate

5 Things Private Money Lenders Want to Know Before Investing With You!

by Spencer Cullor | September 6, 2011

If you’ve been investing in real estate for a while, chances are you have considered using private money lenders (investors) to grow your business. Most people fail when reaching out to potential investors because they don’t answer the five critical questions that every private lender must have answered before investing with you (even if they [...]

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Commentary

The Golden Year & Economic Highlights from the Past Week

by Alan Noblitt | September 2, 2011

Real Estate * The average price of a home is down almost 6% from a year ago, though up by 3.6% in the second quarter, according to Case Shiller  (August 30 Housing Wire) * The Congressional Budget Office (CBO) estimates that Fannie and Freddie will cost taxpayers another $51 billion between 2012 and 2021 — [...]

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Economy

Lost in Never-Ending Space

by Alan Noblitt | August 19, 2011

Rarely do I come across something intelligent from any government leader associated with a monetary or economic entity.  Below, I note not just one but two brilliant pieces with which I fully agree. The first was a speech by a region president of the Fed – of all places.  As many of us who stay [...]

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Real Estate

Richard A. Smith – Real Estate’s Nostradamus?

by Joe Manausa, MBA | March 1, 2011
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I’m attending a conference of the top relocation professionals in the world (you know, real estate companies that move people from one part of the world to another) and this morning’s featured speaker was the CEO of Realogy, Richard A. Smith. For those of you who don’t know Richard Smith, he is one of the [...]

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Housing

Free Land? I Don’t Buy It

by Mark Saunders | December 10, 2010
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So what do you get when you receive free land? That’s what I was asking myself when the radio and a handful of writers picked up the story this week. First off, the concept of municipalities giving away land isn’t new. Basically more and more towns are offering free lots if you build a house [...]

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Commentary

Interest Rates and The Big Lesson To Learn from Japan

by Julie Broad | October 6, 2010

Besides bringing Sushi to North America – which I give thanks for on a weekly basis at least – the Japanese have shared many lessons with us. In the 1990′s when I was taking my undergraduate degree in business I spent some time studying Kaizen (the Japanese principle for continuous improvement) and JIT (just in [...]

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Commentary

Breaking Through the Clutter: Actions to Avoid Disinformation!

by Peter Giardini | September 9, 2010
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I don’t know about you, but I totally dislike the last two months leading up to a national election.  The amount of dis-information and near hysteria almost drives me to drink! The constant and often meaningless noise coming from every direction makes it incredibly difficult to sift through what is real and what isn’t.  And [...]

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Real Estate News

Negative Equity Declines: Is It Good News?

by Alex Cortez | August 29, 2010

Let’s talk about what the 2Q 2010 negative equity report released by CoreLogic. The amount of homes underwater declined, but is it good news?

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Commentary

More Government Intervention? No, Thanks!

by Alex Cortez | August 1, 2010

With strong lobbying from various groups, President Obama signed a Homebuyer Tax Extension, thereby giving 3 additional months for qualifying transactions to close (and let’s face it, short sales take time and even with the extension some just won’t close in time). And now there are already many in the real estate industry clamoring for [...]

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Economy

Is California a Model for the Real Estate Recovery?

by Alex Cortez | July 24, 2010
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California has 91 out the 100 hottest real estate markets in the country, Is this a sign that the California tax credit for new home and first time buyer has been effective in kick-starting the market?

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Economy

Standard & Poor’s Economist: Housing Stabilized But Prices to Drop 5-6%

by Ryan Hinricher | March 29, 2010

Thursday, I attended Standard & Poor’s Market View of Credit Risk summit here in New York.   David Wyss, the Chief Economist of Standard & Poor’s was the keynote speaker giving an economic outlook for the remainder of the year and beyond.  Despite him commenting on the overall economy, he spent much of the presentation focused [...]

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Housing

Double-Dip Used To Be Fun and Exciting…

by Peter Giardini | March 25, 2010
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For most of you I am sure you remember the days as you were growing up stopping by the local ice cream store and getting a “double-dipped” ice cream cone.  Those sure were simpler times and the thought, even in mid-March, inspires memories of warm summer evenings and special treats.  A Reality Check… And now it seems that [...]

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