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No Bad News For Realtors

Thursday, February 24

In November 2006 at a weekly real estate marketing meeting a broker named Craig stood up and said he thought it may be a good idea to disclose to buyers that values may not continue to increase at the exponential rates we had been experiencing.   He almost needed security to escort him out. Often...


ForeclosureRadar 2011 Market Predictions

Tuesday, December 14

A few month’s ago my boss, Sean O’Toole, the Founder of ForeclosureRadar, came to me and asked me if I thought there was a housing bubble.  I should have known it was a trick question! After he let me answer he quickly showed me a chart and explained that it was NOT a housing bubble but it was...


It's OK to Be Early But Always Show Respect

Tuesday, December 14

At ForeclosureRadar we track all public record notices.  I routinely hear from people who are looking for “mortgage lates”.  What they want is a list of people who have missed loan payments (30/60/90 days late) but are not yet in default. It is possible to purchase delinquent loan data.  If yo...


Marketing SB931

Monday, December 13

There’s a new law taking affect in California on January 1, 2011 that could provide additional relief for homeowners seeking to Short Sale their properties.  Although it only affects first mortgages, Senate Bill 931 (http://www.aroundthecapitol.com/Bills/SB_931) may offer additional protection ...


Market Update on REO's

Friday, July 16

We have recently seen a decrease in the number of new foreclosure filings (See the CA Foreclosure Report http://www.foreclosureradar.com/foreclosure-report/record-number-foreclosures-cancelled).  We also hear the the number of seriously delinquent loans continues to rise. (See the ForeclosureRada...


FORECLOSURE MARKET UPDATE

Wednesday, June 23

The Founder of ForeclosureRadar Sean O'Toole will be giving a webinar on the Foreclosure Market tomorrow, June 24, 2010 at 10am.  Don't miss this opportunity.He will be talking about where we are and how we got here as well as how the government programs are affecting foreclosures. Hear what he h...