Continue reading... HUD Announces Emergency Homeowners’ Loan Program

1. Mortgage Loan Delinquency Rate Decreased for 5th Consecutive Quarter; Mortgage Loan Demand down as well The national mortgage delinquency rate for homeowners that are 60...
2. Home Affordable Refinance Program (HARP) Extended One Year The Federal Housing Finance Agency (FHFA) announced it has extended...
3. Undercover Investigation Finds Fraud Common Among Mortgage Loan Modification Companies Yesterday, four fair housing organizations released their findings of a...

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending November 19, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase), after taking a dip last week following increases for the prior three consecutive weeks,  increased 14.4 percent

Continue reading... Home purchase mortgage applications jump as home buyers come to life

The “common wisdom” is that you need to post to Craigslist multiple times per day for it to be effective. That, pardon my French, is a load of crap put out by Craigslist posting service companies that want you to pay for more and more ineffective Craigslist ads and reinforced by people

Continue reading... Getting the Most out of Craigslist

Continue reading... Agents; Wow your sellers and buyers with interactive floor plans

Continue reading... NAR has new widget to show your listings on Facebook

I just did a post to a real estate investors blog about a video by Steph Davis, the Tampa-based bartender turned wholesaler, on how investors can use the MLS to locate cash buyers for their “flip” deals.  While doing this, I realized many agents may find this information useful as well.  With a

Continue reading... Using the MLS to find cash buyers for your foreclosures, REO’s and short sales

This morning Trulia, the online real estate search company, announced that “25.6 percent of homes currently on the market in the United States as of October 1, 2009 have experienced at least one price cut. More than one in four current listings on Trulia have been reduced in price for the fourth straight

Continue reading... Overpriced Listings; Is the agent to blame?

By: Dennis Norman

For anyone in the real estate industry the word “virtual” has become a familiar term.  VOW’s, or Virtual Office Websites, were in the headlines for a couple of years while the National Association of REALTORS® dueled with the Department of Justice over the REALTORS® treatment of VOW’s.

Personally I’m a fan of

Continue reading... Is it Live or VIRTUAL??

Most agents and brokers today are probably familiar with one or more of these logos from social-networking sites.  In addition, many are probably using one or more of these sites, in addtion to personal websites, blocks and other sites, to market themselves, their businesses as well as reach out to the consumer and

Continue reading... Using social networking in your business..a quiz for REALTORS(R)

By: Dennis Norman

The National Association of REALTORS(R) is working hard to get the message out to consumers about home-buying opportunities in the current market.

One of the ways NAR is going this is by it’s “Real Estate Today” radio show which has been steadily increasing it’s local affiliates across the country and, just this

Continue reading... NAR working to get the word out on the first-time home buyer tax credit