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Real Estate

REOs & Short Sales: A Steal or a Deal?

by Melissa Zavala | May 17, 2011
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I received a phone call yesterday from a buyer’s agent who was calling on one of our bank-owned (REO) listings. The bank had just reduced the list price on this particular property by $15,000. We’ve had tons of traffic and gotten a handful of offers in the last few days. In the conversation, this agent [...]

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Real Estate News

The Ten Best in RE.net This Week: April 10, 2010 Edition

by Dean Ouellette | April 10, 2010
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1 ) How To Salvage The Mortgage Industry in Six Months – If rates skyrocketed would people stop buying houses or would prices just drop so that the payments stayed the same? 2 ) Would You Use The Same Real Estate Agent To Sell Your House Again? 80% Said No! – This is just scary and [...]

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Commentary

New Investing Mindset in the New Economic Normal

Thumbnail image for New Investing Mindset in the New Economic Normal by Ryan Hinricher | April 5, 2010

Foreclosures are peaking in 2010. New home construction is at record lows. Fed intervention in the mortgage-backed securities market is over. The home-buyer tax credit expires in a few weeks. Interest rates and inventories are set to rise.  Housing normally leads us out of a recession but it won’t lead us out of this one.  [...]

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Real Estate News

The Ten Best in RE.net This Week: Mar. 20, 2010 Edition

by Dean Ouellette | March 20, 2010
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1 ) Famous blonde financial pundit expects double dip in U.S. housing market – There are two trains of thought out there. The first is that the market has tanked and the banks are smarter now, and will not release enough properties to cause another housing dip any time soon. Then there is the group [...]

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Real Estate News

The Ten Best in RE.net This Week: Mar. 6, 2010 Edition

by Dean Ouellette | March 6, 2010
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1 ) CDPE – Certified Disaster of Proportions that are Epic – So I don’t make it a secret that I am not a big fan of designations. I think designations are mostly a way for NAR to make money every year with renewal feels for continuing to use those designations, than they are a [...]

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