National real estate numbers almost mean nothing to your local real estate market, and even local real estate may have more than one market. Dont read to much into numbers they dont always tell the whole story. And what is up with Fannie Mae not allowing more time to work on short sales? This does not cost them money, it cost US money. Either allow time for the deal to be worked on or work on it a lot quicker.
5) Fannie Mae & Freddie Mac Needs a Good Flipping – NAR has their ideas for reforming Fannie and Freddie. What I don’t understand is how an organization I usually agree with in their political endorsements can be wrong on so many issues like supporting HAFA and even further federalizing Fannie and Freddie.
6) Taking a Short Sale Listing: ‘To Be or Not to Be?’ – I couldn’t agree with you more Melissa. Before I even take a short sale listing I make the seller gather all the required documentation, that way I know there will not be a problem and I know they are willing to do what it takes.
9) Twitter 101 – Some basic Twitter tips for those who may not be getting what they hoped out of the social networking platform.
10) Keep those Garlic Fries to yourself – Those of us who do not play the Mafia Wars and Cafe World usually don’t want to see those continuous updates from others playing the games. Here is a good tip on getting rid of those updates.
Here is today’s list of top real estate posts of the day.
1) Who is moving up? – You can make a strong argument for how effective the first-time home buyers tax credit has been in helping the housing economy rebound, but the move-up credit has not had nearly the same impact.
2) Why the Rush for Investors to Buy Land? Genius or Madness? – Some investors are buying up land in Arizona and Nevada, is this a wise move, or foolish. I have seen the land prices here in Arizona, they are so inexpensive right now I think this move is very wise. Eventually this market is going to turn around. Somewhere like Arizona will still be a desirable place to move to and they will need to start building somewhere.
7) Fannie Mae Seeks Another Bail-Out – A little piece of advice for Fannie, if you sped up your approval of short sales at a reasonable price you could liquidate some of those bad loans quicker which you could then turn around and reinvest into good assets quicker. Just a thought.
8) Have You Seen Your House Listing Lately? – Ok Matt is going to far now, he actually wants agents to put in time and effort to make the seller’s house look good to the public? But honestly… if you are a seller why would you accept this?
3) Foreclosure Vs. Short Sale – This makes me wonder, are short sale rates different indifferent parts of the country? Do we get a higher percent of short sales approved in the Tempe/Phoenix than they would in St. Paul because almost every house here is in a short sale situation? The number is still much lower than it should be, but it sounds like it is higher than here.
10) Hey Banks! Wake Up! Loan Mods Aren’t Working… – Anyone who is saying loan modifications are working is either smoking something they should not be smoking or has their head somewhere the sun doesn’t shine.
1) What do you think about social media? – When I first got involved a little over a year ago I saw social media as the way to take my business to the next level. Now I agree with Matt here, although I think it is still a great tool and one that will and [...]
Call Dean Ouellette from here! Just click on the phone icon below, enter your name and phone number and this will connect your phone to mine automatically.
Thompson's Realty
3664 E. Vaughn
Gilbert, AZ 85234
Direct: (480) 270.4990
Fax: (866) 264.0032
Skype: DeanOuellette Email Me Here
Yahoo M:DeanSellsAZ
GTalk: DeanSellsAZ
AIM: DeanOuellette