Top 5 real estate posts of the day 6/17/20091) The greatest example of collusion in history? – According to this post it is estimated that the total number of foreclosed properties on the market is less than a third of the total REO inventory. Danilo Bogdanovic speculates why and talks about the collusion behind the scenes with banks.
2) Cramer calls a housing bottom (yet again) – Jim Cramer says the bottom of the housing market is here, Barry Ritholtz disagrees. The problem with national housing projections is they are both right, depending on where you live. If you live in Phoenix, Cramer is probably right, if you live in California Ritholtz is right.
3) How secure are listings today? – Matt Wilkins takes a look at how saving a buck with lock boxes may actually cost more.
4) Video – What is an FHA Mortgage – Great video that can teach you a lot about FHA Mortgages.
5) Darwin and the notorious NAR – Thomas Hall takes a look at some upcoming changes by NAR and speculates NAR is indeed evolving to survive.
