Archive for the ‘Sellers’ Category
Wednesday, February 3rd, 2010
One in every four homeowners in the United States is 'underwater', meaning they owe more on the home than it's actually worth. And you can expect that number to rise.
It's actually amazing to believe that such a high number of houses fall into this category. It was recently estimated that ...
Posted in Foreclosure, Home Owner, Investors, Sellers, Statistics | No Comments »
Saturday, January 2nd, 2010
Back in July I wrote this: http://www.therealestateledger.com/2009/07/loan-modifications-falling-short-of-goal/
UPDATE: A New York Times article is pronouncing the Making Home Affordable program... a failure. Initiated by the Obama Administration earlier this year, the program intended to modify the mortgage payments of distressed homeowners so they would be able to afford and continue to live ...
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Tuesday, December 29th, 2009
Home prices rose again but in only 11 of the 20 regions tracked by the Standard & Poor's/Case-Shiller home price index. The index is off of it's lows from May of this year but is still well below it's all-time highs in April 2006. On Monday it was reported that ...
Posted in Buyers, Foreclosure, Home Owner, Investors, Sellers, Statistics | No Comments »
Wednesday, July 29th, 2009
As expected (by myself, not the Obama camp), the housing initiative that allows borrowers to modify their home loans to avoid foreclosure is not going so well. The original goal was set at helping out between 3 and 4 million homeowners. Everyone cheered at the proposal and the 'promise' but ...
Posted in Foreclosure, Home Owner, Sellers | 1 Comment »
Saturday, July 25th, 2009
"You never get a second chance to make a first impression"
You see the phrase used in marketing quite often. So it's no surprise this holds true when setting the listing price for your home. Setting the right listing price from the first day you put your home on the market is ...
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Thursday, March 19th, 2009
Much positive news has surfaced thus far this week, hopefully signaling a turning point in what has been a rough market. Two news bits should help brighten housing sentiment.
Housing Starts Jump in February - construction of new homes and apartments jumped 22.2 percent in February compared with January. Furthermore, starts rose ...
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Friday, January 9th, 2009
Legislation is currently moving around Washington that could greatly reduce the number of foreclosures. The law change would allow homeowners who are filing for bankruptcy the opportunity to restructure their mortgages. A bankruptcy judge could modify terms to let homeowners keep their homes.
Now, keep in mind that this would change ...
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Sunday, December 28th, 2008
I just wanted to announce to my audience on the recent additions of Douglas Franks and Alan Lasher to the Our Island Real Estate family. They are two great guys who bring a ton of experience and knowledge to the team.
Douglas Franks has been selling real estate on Staten Island ...
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Tuesday, October 14th, 2008
It feels good to have Alan Greenspan back you up. In a recent article published in Emerging Markets magazine, Greenspan predicted the U.S. Housing Market would recover in the first half of 2009. He noted the slowing rate of home prices declining as a positive sign.
The increase in pending homes sales ...
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Monday, October 13th, 2008
A bit of good news was released last week from the NAR. The National Association of Realtors Pending Home Sales Index rose 7.4 percent in August to 93.4, up from 87.0 in July. This index is a measure of homes under contract across the country.
This news ties in with an earlier ...
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