With our sensors on full, we’ve scanned the real estate metaverse online to find some of the latest links to research, industry thinkers and opinion that can help you chart a course to success in 2010.
In Part 1, we started the countdown towards May 1, the Day After. In Part 2, we offer ten suggestions for REALTORS to stay in business when the dust settles.
If the housing market fell nearly 17% the month after the original housing tax credits were supposed to end, what’s going to happen when they really do come to an end? Are REALTORS ready for the Day After?
FHA is about to change the rules for backing future loans. Will REALTORS be ready when the government-backed subsidies get harder to come by?
Some questions Matthew Ferrara thinks REALTORS should be asking of FHA – before it’s too late.
The real estate and mortgage industries are paying the price for Fannie Mae’s free-lunch fraud. Looks like the people who couldn’t afford “affordable housing” most weren’t just consumers, but its most vocal advocates.
Considering how notoriously misleading the Case-Shiller report is,does anyone wonder why buyers and sellers don’t believe a word of their REALTORS’s advice?
According to the Wall Street Journal real estate blog, a “W” or “U” shaped recovery is shaping up to be the most likely curve for the real estate industry, if not the economy as a whole. According to one property mortgage insurance group, there’s still another 12% drop to go in most markets. And even [...]
Contrary to popular belief, money does not grow on trees. Likewise, the billions of dollars being fire-hosed from Washington into the housing industry don’t just run off the printing press for free. Tax credits for first time buyers some mean more taxes from others. The most likely amongst the others? Current homeowners, of course.
So the government has launched another wildly popular subsidy program with its Cash for Clunkers program, offering consumers up to $4500 for trading in their classic cars for purchasing a new one. In fact, the program is so popular that more than 250,000 trades have already been made and the original $1 billion earmarked by [...]
According to NAR and Radar Logic, home prices rose month-to-month from April to May in 10 cities in America, like Boston, Charlotte, Seattle and Denver. Words like “recovery” are used in the press release, because, at least from the Voice of REALTORS, the word “inflation” is off limits. Since the press release is just a [...]
It’s true that I’ve never agreed with the National Association of REALTOR’S Chief Economist Lawrence Yun. It’s nothing personal; but it’s everything professional. I just don’t understand why today’s economists can’t figure out why inflation is bad. Of all of the complexities of economics, inflation is pretty much the easiest to understand. We’re not trying [...]
Why is it impossible for anyone – REALTORS, banks, media or economists – to accurately describe what is going on in the marketplace? If buyers are going to feel confident about moving back into the market, we should expect all of these groups to be providing clear, verifiable market facts that back up the “best [...]
Yesterday, President Obama announced he was prepared to break the law. After blaming the senior debt bondholders of Chrysler for pushing the company into Chapter 11, he sanctioned a plan to abrogate their covenants and force them to take pennies on their loaned dollar. No matter that their bonds were secured by the company’s assets. [...]
Everyone knows about the 90/10 rule: 90% of the business is done by about 10% of REALTORS. Translated to a consumer experience, this means that most buyers and sellers have about a 1-in-10 chance of getting the “best performing” agent to sell their home or represent them in a purchase. Even a generous assessment of [...]






