From Nick at the wsj.com: The reeling housing market has come to this: To shore it up, two Senators are preparing to introduce a bipartisan bill Thursday that would give residence visas to foreigners who spend at least $500,000 to buy houses in the U.S. The provision...
This is not a political endorsement - I hope all the politicians jump on board! From HW: Republican Presidential candidate Mitt Romney says the government should let the foreclosure process run its course, so the housing market can reach its bottom. Romney made those...
They keep nibbling around the edges, let's just throw them on the market and see what happens! From HW: The federal government can get rid of the more than 280,000 foreclosed homes on its books without having to sell them at massive discounts, according to a coalition...
We've wondered if NAR would provide some leadership for the real estate market, but they want someone else to give them the solutions. For those who are hoping that realtors at the state level might offer some helpful insight, take a chance on wasting almost three...
As I contemplate recommendations for the NAR president (your thoughts are encouraged!), it should be obvious to him that the real estate industry is advancing with, or without, the help of realtor organizations. Here's an interesting website that agents have been...
While you'll deserve the three minutes of your life back after watching this NAR video, at least our president says he is looking for answers. The NAR Expo is in Anaheim next month, so I'm going to take him up on his offer when he is here and deliver recommendations...
Hat tip to MDS for posting that Redfin has already shut down the agents' scouting reports. Check their blog; the comments from competing agents were running hot: Scouting Report Data No Longer Available Dear Customers, Redfin is suspending access to Scouting Report,...
Redfin is doing all the things that the association of realtors should be doing - if they start their own MLS they could take over the industry. Hat tip to CM for sending this along, from the nytimes.com: The real estate listing and brokerage site Redfin has added a...
Hat tip to clearfund for sending this along - isn't it just a matter of time before we'll see these here being used for low-income and/or senior housing? It seems difficult to overstate the versatility of the humble shipping container. Just recently we’ve seen it used...
We need market clearing - bring on the foreclosures! From CNNMoney.com: If the Obama administration really wants to save the housing market, it should speed up the foreclosure process -- not prolong the inevitable, experts say. Four years into the housing crisis, the...
