First Time Home Buyers Account For Nearly Half of Home Sales
on Nov 16, 2009 in 2009 Real Estate Forecast Great news, the new home owner stimulus package did work. Nearly half of all homes sold between July 2008 and June 2009 were by first time home buyers. Average price was $156,000 and the median income of the household making the purchase was $61,600.

Commercial Real Estate Seeing Bottom
on Nov 16, 2009 in Commercial Real Estate After a few years of following real estate, it is interesting to see the difference between the residential real estate market and the commercial markets. For the residential market, real estate is home, a major investment, personal, and passionate.

FHA Running Out Of Money
on Nov 13, 2009 in Real Estate The Federal Housing Administration is nearly broke. Or in their parlance, dangerous low in cash reserves. Yes, this is the same FHA that has provided loans to those who are unable to come up with the down payments that most banks are requiring or tha...

Digital Assets For Real Estate Professionals
on Nov 13, 2009 in Real Estate Tools The past couple of weeks I have spent working and talking with people outside of the real estate industry about their web presence. It really brought home the point of how advanced many real estate agents, mortgage professionals, and those in the ind...

Who Is Watching Fannie And Freddie? Answer Nobody Now. Internal Auditor Fired
on Nov 11, 2009 in Real Estate Who is watching the hen-house full of 6 trillion dollars? If you are thinking about Fannie Mae and Freddie Mac, today the answer is nobody. The agencies inspector general must have been getting too close to the truth as he has been fired in a co...

Third Quarter Existing Homes Sales Increase 11.4 Percent, Prices Drop 11.2 Percent
on Nov 10, 2009 in 2009 Real Estate Forecast With stimulus provided by the new homeowners tax credit, we saw an increase in home sales in the 3rd Quarter of 2009. That is the good news. The bad news, prices dropped 11.2 percent from 2008 levels, ones anyone who watches real estate know were ane...

So Different Than 2005
on Nov 9, 2009 in Real Estate Humor Funny, and sad, how perspectives change. Empathy is a good skill for real estate agents to have these days. Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers. where it was...

Top 10 Commercial Real Estate Markets For 2010
on Nov 8, 2009 in Top 10 Real Estate Lists If you are a commercial investor odds are you are a bit shell shocked coming into the end of 2009. The marketplace is tough, the property values are a glimmer of what they once were, and let’s not even talk about rents. But there is good news f...

An Open Letter to Move Inc on How To Be Profitable
on Nov 6, 2009 in Real Estate Dear Move Inc Braintrust, Okay, you get a great deal on one of the premier properties on the web. The real estate portal Realtor.com is yours to monetize. Yet you do such a poor job with it that the people whose name you have on it actively dislike...

$8,000 New Home Buyer Tax Credit, $6,500 Old Home Buyer Tax Credit
on Nov 5, 2009 in Real Estate The Senate last night passed an extension of the $8,000 Home Buyer Tax Credit for new home buyers and added on a $6,500 bonus for those who are buying a new home and have lived in their old home for 5 of the 8 previous years. The House of Repres...