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Blog - Page 105 - Strategic Real Estate Coach

Homeowners Getting More Pessimistic

Category: Blog

Homeowners Getting More Pessimistic

Homeowners know it’s tough out there, as evidenced by the latest Harris poll of homeowner confidence. Homeowners are more pessimistic now about the future of home values than they have been in the past three quarters. More than 28% think home values in their local area will fall in the next six months. That’s nearly […]

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What’s the Real Number of Homes in Shadow Inventory?

The housing market’s shadow inventory continues to be the real unknown, and the real threat to recovery. It’s a scary thing, and helps paint the true picture of what is going on with real estate. Listen to this. The government doesn’t report on how many homes are held by the banks on their books or […]

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Nearly 50% Bail on Mortgage Aid Program

We’ve seen it before and here is proof again that the government-sponsored mortgage aid programs are not working. Late last week, the Treasury announced that about 48% of the 1.3 million homeowners who enrolled in the flagship mortgage-relief program since March 2009 are no longer in the program. That represents about 630,000 homeowners who have […]

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6 Key Emotions That Drive Behavior

To be effective in sales, you really need to develop an intuition about people, what drives them to do what they do. For some it's intuitive, while for others it's learned. Something that you can do to keep you on track is to keep handy a list of six emotions that influence behavior. Looking at […]

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The Incredible Shrinking Home

Are the days of McMansions over? According to some, it looks that way... The trend in new housing today is smaller, more modest homes that appeal to a larger buyer base. This trend has been building for years as the economy and the housing crisis have taken a toll on consumer confidence. The average size […]

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Money Available = Overwhelming Response

All this week I’ve been telling you how you can get the funding you need for any real estate deal you do… regardless of your current situation, income, assets, or credit. Last night Jason “The Money Man” Medley shared how YOU can access this list of thousands of active private lenders nationwide that are ready […]

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New Rule May Ban GSEs from Investing in Mortgages with Transfer Fees

More restrictions coming for Freddie and Fannie, if the FHFA has anything to say about it! If a new rule goes into effect and FHFA (Federal Housing Finance Agency) gets their way, GSEs will be banned from purchasing mortgages with private transfer fee covenants. These fees are sometimes worked into the home purchase contracts and […]

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“Buy and Bail” Homeowners Get Around Loan Restrictions

Wow, we still have a long way to go before this whole housing crisis is striaghtened out. Homeowners are getting desparate, and getting more creative in how they deal with their underwater homes... Even after Freddie Mac and Fannie Mae increased their standards against mortgage fraud, a practice known as “buy and bail” is taking […]

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Housing Summit May Yield Fannie and Freddie Clues

This is something to keep you eyes on... ~ josh An Obama administration summit of housing industry leaders next week may yield clues on the future of Fannie Mae and Freddie Mac , the two mortgage heavyweights that so far have sucked up close to $150 billion in taxpayer bailout funds. The administration has vowed […]

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SOAK THE VERY, VERY RICH

Finally, an argument for tax reform that makes sense... I mean... who likes taxes? But the reality is that the money needs to come from somewhere to pay for public services, or we’ll end up like Zimbabwe!  See below... ~josh “The fight on Capitol Hill over whether to extend the Bush tax cuts is about […]

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