From Huff: Less than 20 percent of homeowners who theoretically qualify for a government mortgage modification are actually eligible, according to data released Monday by the Treasury Department. Although roughly 4.6 million U.S. homeowners have missed at least two...
We saw earlier in the Realtor Ethics post that the NAR doesn't like the re-inputting of stale listings to make them appear to be hot new buys. But because the listing numbers are sequential, and start with the year inputted, realtors want their listings to be sporting...
From msnbc.com: When David Martin and his wife bought their north Seattle condo five years ago, they figured they had plenty of time to downsize if they needed to before they retired. Now, with the property worth roughly $60,000 less than the balance of their...
I recently completed 40 hours of continuing education to renew my broker's license, and took these notes during the Ethics class on what I see most commonly abused: Realtor ® Code Standard of Practice 1-3 A licensee is not permitted to knowingly make a false...
Hat tip to DOB for sending this in: Here's a corresponding article from the nytimes.com that correctly notes that the leading states have higher priced real estate that require bigger down payments:...
See more details about Tom's new-build at tomtarrant.com:
Because of the BCS game, we have re-scheduled the Blog Talk Radio with Bill McBride of Calculated Risk to Tuesday, January 10th at 8pm. Join us with your questions and comments for Bill here at bubbleinfo.com!
Hat tip to daytrip for sending this along: SAN FRANCISCO – It was a slow-moving Occupy Wall Street protest, but it was an effective one. A dozen senior citizens calling themselves “the wild old women” succeeded in closing a Bank of America branch in Bernal Heights...
From Eric Wolff at the nctimes.com: For the first time in 11 years, the four major moving companies that release data agree: More families are moving to California than are leaving it. For a decade, high housing prices made it hard for people to stay in the state,...
Buyers are drawn to the $$/sf comparison, but when you see a house that looks too good to be true, it usually is....or there are some shenanigans involved. Would you consider compromising on something else, to get the price you want? If you say "no dice, I want it...
