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The media has latched onto a new word for describing the housing market: “moribund.” I picked up The Economist this morning, which is published in over in London, and there is was again: a reference to the “still-moribund housing market.” On either side of the Atlantic, the most top-of-mind discription of our real estate market [...]
Alex appears on Fox News to answer the question “How do we turn the housing market around?”
In an unprecedented program, one of the nation’s largest mortgage investors is reaching around its servicers and engaging with Realtors directly in an effort to get more short sales closed. Traditionally, investors are neither seen nor heard in the short sale transaction. Through Fannie’s new Short Sale Assistance Desk, a direct connection between the investor [...]
You probably already know that rentership is on the rise (and if you don’t, read this), but did you know that in more than 500 American cities, the percentage of homes for rent versus owner-occupied has increased? The question is: Is your city one of them? Some people look at this situation with pessimism. For [...]
There have been reports that deals on foreclosure inventory have been tougher to find since the “robo-signing” scandal took effect. According to CNN, some markets are seeing the number of properties coming to auction drop significantly. This information is invaluable to both the real estate investor and the investor agent. Knowing where the deals are [...]
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