Yeah, we know several of you aren't going to like that we are sharing this, but if our objective is to help people you aren't doing it by showing short sales to buyers you represent!
If you want a solution or don't understand how to help either your short sale sellers and/or buyers, let us know and we can cover on KYA calls.
Click on the links below to review the entire Yahoo Finance articles.
http://finance.yahoo.com/news/Bank-exec-checked-only-date-apf-3679738570.html?x=0
http://finance.yahoo.com/news/Bank-of-America-delays-apf-4073054242.html?x=0
Wednesday, October 13, 2010
Real estate is NOT sacred, period!
Click on the title above or the link below to watch the Yahoo Finance video.
http://finance.yahoo.com/video/marketnews-19148628/thomas-barrack-says-real-estate-isn-t-a-sacred-chalice-video-22221358
http://finance.yahoo.com/video/marketnews-19148628/thomas-barrack-says-real-estate-isn-t-a-sacred-chalice-video-22221358
NO WAY...the government to make the market worse???
Just like Kirk Nace has been sharing, the demand side of the equation is about to take another hit!
Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/39419960
Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/39419960
August 2010 new home sales 2nd slowest on record.
Average price now back to 2003 levels. Kirk Nace is still insistent that prices will ultimately bottom at 1996 to 1999 levels across the US and in most cases we are 25% + and 5 years + from getting there.
Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/39342216
Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/39342216
Warren who???
Warren Buffet says we are still in recession and will be for quite some time, but what does he know about economics and finance??? I mean he only has a positive net worth greater than almost anyone and our governmental leaders have been able to create the largest negative net worth in the history of mankind so we should probably listen to them huh?
Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/39320992
Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/39320992
The market is crashing???
Is Lawrence Yun on his way out at NAR? This article raises the possibility, and it would make sense...
Click on the title above or the link below to review the entire Business Insider article.
http://www.businessinsider.com/pending-home-sales-reconfirm-the-market-is-crashing-2010-9
Click on the title above or the link below to review the entire Business Insider article.
http://www.businessinsider.com/pending-home-sales-reconfirm-the-market-is-crashing-2010-9
Attitudes about homeownership have changed.
It's going to be a looong time before values recover and real estate is not a form of wealth building for most.
Click on the title above or the link below to review the entire Philadelphia Inquirer article.
http://www.philly.com/inquirer/business/20100905_U_S__housing_value_down_at_least__4_trillion.html
Click on the title above or the link below to review the entire Philadelphia Inquirer article.
http://www.philly.com/inquirer/business/20100905_U_S__housing_value_down_at_least__4_trillion.html
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