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1) Congress Screams Bloody Murder About HAMP Program – Lani to answer your question it is ironic not noble. I just did a quick search and couldn’t find it, wish I could find the video of him leading the effort to make home ownership “more affordable to more Americans.”

2) Roost.com Expands Into Eleven New Metro Regions – Here they grow again. Roost is quickly becoming one of the leaders in home search and IDX solutions.

3) JPMorgan: 200,000 HAMP Mods Offered, Only 2% Permanent – For those of you so psyched about the new short sale program recommendations I hope you are paying attention. I predict the success rate of those will be somewhere around the same as this joke of a program.

4) Mortgage Myth Busted : Mortgage Rates Don’t Take The Elevator Up And The Stairs Down (At Least Now, Anyway) – Strange how some myths sound great, but when analyzed with data just do not hold up.

5) Career Loyalty and Longevity, Do You Have What it Takes? – Congrats to Lesley Lambert, 20 years as a Realtor. Lesley shares why she has lasted so long.

6) Would you like my 2010 Calendar? – Are you an agent that likes to do calendars? Well here is a different take on it, using local pictures of the community that you take.

7) Trulia’s December Price Reduction Report – Home Price Reduction Levels Drop to 2009 Low – According to Trulia’s data 22% of U.S. homes on the market as of 12/1/2009 have had at least one price reduction, which is the lowest number since April 2009.

8) Real Estate Brokerage Websites – I Don’t Think We Are In Kansas Anymore – One broker looks at why blogging is such an important part of a web strategy for any broker.

9) Modifications are Failing…. (More on the Acronym Soup) – More reasons why the loan modifications are failing. I should consider doing a post on this too. I have been in the homes of people trying to help them get loan modifications to become permanent and some of the stories I have are amazing. I had one who had been working on it for two months, had sent in all the paperwork back in September and then late November they were told they had to start all over again at the beginning with another department because the bank had changed the way they handled process. Not that the lender would transfer the paperwork to the new department, they had to start all over again at square one. Redonkulous.

10) [Altos Research/Real IQ] November 2009: Listing Prices Down In 25 of 26 markets – Real time market stat updates on your site? I have been holding off jumping onto the Altos bandwagon. This may get me to jump.

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1) Will Realtor.com be required to be a VOW? Should it? – Should Realtor.com have to play by the same rules as others? Some really good points in the discussion below the post too.

2) Signs the recession may be ending: Banks get semi mortgage-friendly – Banks may not be tightening their lending guidelines over the last few months, but that doesn’t mean they are loosening them either.

3) Study says homes in more walkable markets get higher prices – Does this surprise many? Location. Location. Location. Also more walkable locations will typically be in bigger cities, again leading to higher prices. But it is interesting, and looking at walkable scores is also an interesting idea too.

4) Ten have-to-haves for real estate agents – I am not sure I agree with all of these, but some good ideas in here making it worth a read.

5) Dear client – you’re fired – Real estate agents firing clients? Yup, sometimes it just needs to be done!

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Top 5 posts of the day for 7/9/2009 [click to continue…]

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I am adding new blogs to my RSS feeder every day, if you want to make sure I have yours please shoot me an email or leave a comment below. Click below for today’s Top 5. [click to continue…]

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Tempe condo numbers for March 2009, Tempe luxury condo market slow

April 7, 2009 Tempe Condos

Here are the market numbers for the Tempe condo market in March 2009 and how they compared to February 2009, March 2008 and the past year average. To say the Tempe luxury condo market is a little stale is an understatement.

 
March 08
February 09
March 09
Past Year

Sold
10
6
4
100

<$350K
9
6
4
78

>$350K
1
0
0
22

Low $
$100,000
$73,000
$70,000
$70,000

Avg $
$216,480
$113,216
$127,952
$228,164

Median $
$186,000
$103,700
$88,278
$169,450

High
$490,000
$180,000
$265,250
$1,098,827

Avg DOM*
81
156
96
101

* Average days on market for [...]

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Tempe condo market numbers for February

March 15, 2009 Tempe Condos

A little late, but as they say, better late than never. Here are the market numbers for the Tempe condo market in February 2009 and how they compared to January 2009, February 2008 and the past year average.

February 08
January 09
February 09
Past Year

Sold
7
7
6
110

<$350K
4
6
6
86

>$350K
2
3
0
24

Low $
$120,000
$79,500
$73,000
$70,000

Avg $
$469,949
$169,429
$113,216
$231,198

Median $
$162,000
$130,000
$103,700
$174,500

High
$1,166,368
$355,000
$180,000
$1,098,827

Avg DOM*
35
102
156
100

* Average days on market for condo units before sold.
The [...]

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