Thursday, September 2nd, 2010

If fixing the housing industry were just a matter of money, we should all be blowing bubbles once again. Billions of dollars and dozens of programs later, will we learn what the market really wants us to do: Nothing.

It would be helpful if the media and eggheads stopped talking about the national housing market. Just leave it to the REALTORS to talk to customers locally.

Could it be that the real estate crisis continues because the government thinks a housing crisis is a terrible thing to waste?

Fannie and Freddie committed the biggest taxpayer fraud in history. It’s time to put them away for good, and the head of their crime syndicate, HUD.

So what if the housing market takes another turn for the worse? Markets go up, markets go down. Unless you’re ready to quit selling real estate, what matters isn’t the market but your strategy. Here’s why.

It’s up to local real estate professionals to keep the American Dream alive. It’s a tough job, but they’re the best ones to do it. Here’s why.

Video entry from Matthew's blog titled "Home Buyers Need to Get Over It"
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Home buyers need to get over the fact that they might lose some money. So what? They do it all the time.

Matthew's video entry from his blog titled "Removing the Fear of Buying"
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With record low mortgage rates and record high affordability, it’s clearly not the economic fundamentals that are holding back buyers from the marketplace. Now it’s time for creative REALTORS to address the buyers’ sense of fear.

A video blog entry from Matthew's blog titled "If It Didn’t Sell with Tax Credits, Now What?"
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Bold – maybe crazy – ideas for selling inventory left-over (and over-priced) from the tax-credit era. Are real estate agents brave enough to consider them?

After two years of evidence that mortgage modifications don’t work, either to keep people in their homes or stabilize home prices, here are a few reasons why REALTORS might consider encouraging strategic defaults instead.

This week Fannie Mae, the government agency we love to hate, announced it would punish borrowers who strategically default on mortgages on non-performing housing assets. Funny how they didn’t mention their request for another $8.4 billion in taxpayer money last month.

The real estate industry’s message remains that housing is a good “investment.” The question is: to whom?