Foreclosures

Housing

Housing Market Summary – Week of August 30th

by Ryan Hinricher | August 30, 2010

A busy week of mostly negative news for the macro housing market offers; a look at NAR’s Existing Home Sales report, numbers on new home sales, interest rates, mortgage applications, and the Mortgage Bankers Associations quarterly report on delinquency and foreclosures. Existing Home Sales: Expected Fall The National Association of Realtors reported that existing home [...]

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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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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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Housing

Housing Market Insight – July 19th Edition

by Ryan Hinricher | July 19, 2010

Will the sand states take until after 2025 for prices to recover?  An article this week thinks so.  Also this week, a new trend is emerging in foreclosure notices, concrete evidence that rents have stabilized, and updates on interest rates and mortgage purchase activity. Mortgage Rates Hold at Record Low Freddie Mac’s most recent mortgage [...]

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Real Estate Investing

Getting Started in Real Estate: Part 2 – Approaches to Finding Profitable Deals

by Peter Giardini | June 3, 2010

In Part 1 of this series I suggested that there is a Million Dollar question every beginning real estate investor wants answered before they jump in.  That Million Dollar question is this… As a new real estate investor what strategy should I focus on to get started?  I am going to focus on Marketing or the [...]

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Housing

Proceed with Caution, but Proceed

by Ryan Hinricher | May 3, 2010

I wanted to verbalize my thoughts on the market and why I believe people looking to invest in real estate should do so but proceed with caution. Last week I wrote an article about why I believe investors should use a blue-chip real estate strategy when investing in today’s market.  The focus was on identifying [...]

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Housing

Why the Home Buyer Tax Credit Won’t Be Extended

by Ryan Hinricher | April 19, 2010

The clock is ticking on the Home Buyer Tax Credit with only 11 days left for buyers to enter into contracts.  While some may believe there isn’t enough stimulus left to boost the housing market, many including the National Association of Realtors and National Association of Home Builders are no longer pushing for an extension.  [...]

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Commentary

Watchdog Panel Finds Fed Anti-Foreclosure Program A Big Flop

by Charles Feldman | April 14, 2010

It just ain’t working. The government’s foreclosure prevention program that is. A congressional panel, reports the Washington Post, has concluded that the so-called Making Home Affordable program has, thus far, only “helped” distressed homeowners head off, at least for the time being, about one million foreclosures, by the time all the numbers eventually get added [...]

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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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Real Estate News

The Ten Best in RE.net This Week: March 28, 2010 Edition

by Dean Ouellette | March 28, 2010
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1 ) Video Is The Future – A longer video that Jim the Realtor does walking through houses, but fast forward to about 3:45 and he starts talking about how we can use video in the future to view houses. 2 ) Discussions about Brokerages wer the talk of the RE.net world this week and does [...]

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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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Foreclosures

A Changing Trend in the Foreclosure Capital?

by Richard Warren | March 15, 2010
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Southern Nevada has been ground-zero of the foreclosure crisis for a long, long time. Home sales have actually been very strong for months but the majority of the real estate sold has been foreclosures. There has been an influx of investors buying homes for cash and many agents in that arena talk about bidding wars [...]

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Real Estate News

The Ten Best in RE.net This Week: Mar. 13, 2010 Edition

by Dean Ouellette | March 13, 2010
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1 ) Real Entrepreneurship – This was a very enjoyable read. You may not think this way often, but real estate agents are true entrepreneurs. 2 ) How To Shop For Mortgages And Keep Your Credit Scores High – Dan Green offers a wealth of information in here that is a must read for agents and home shoppers. [...]

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Commentary

Not Seeing The Foreclosed Forest From The Trees

by Charles Feldman | March 2, 2010
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It is easy and often dangerous to jump on any one set of figures as proof of an emerging trend, tempting though it may be. But when times are tough, like they are now, a lot of people who should know better are too quick to pounce on statistics that may be creating a false [...]

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Housing

Housing Shortage Looms

by Ryan Hinricher | March 1, 2010

Last week’s new home sales data for January produced a new seasonal adjusted annual rate (SAAR) at a record low of 309,000 units.  This is a big drop from December’s 348,000 sales (SAAR).  Although builders’ confidence is improving, the numbers have yet to show a turnaround in new construction.  While this is accelerating the natural [...]

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