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It’s not surprising, that according to Zip Realty foreclosures and short sales dominated the U.S. housing market last year and were the driving force for the real estate roller coaster ride of 2009. Zip Realty broke down what they considered were the nine major real estate stories for 2009 and they are: Tweet This Post Dennis Norman By: Dennis Norman Yesterday the Federal Housing Finance Agency (FHFA) released its foreclosure prevention report for July, 2009 for Freddie Mac and Fannie Mae loans. After reviewing the data in the report I would say if you are an agent that works REO’s and/or short sales, you are going to have a steady stream [...] By: Dennis Norman 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 [...] Dennis Norman By: Dennis Norman In this challenging real estate market agents are looking for ways to find new business and many have turned to short sales. It’s no secret that short sales can be a nightmare, taking weeks and even months to get an answer from a lender on a deal, causing many deals to [...] Dennis Norman By: Dennis Norman Short sales are on the rise. Yesterday I did a post on an investor blog on short sales in which I cited stats showing short sales in the first quarter of 2009 were up over 200% from a year ago. While the increase in short sales has created a market niche for [...] |
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