Despite government promises, plans, and bailouts – the ailing real estate markets continue to slow. While real estate agents are reporting that there are persons interested in buying a home, many are needing to sell an existing home to purchase the new one in the first place. This is creating a frustrating domino chain where persons are all needing the first person in the chain to get the dominoes to start to fall. Additionally, many persons are having issues with the tightening loan requirements that the mortgage industry is putting in for any applications – leaving persons that would have been able to purchase a home just a short time ago, unable to perform in today’s market.Frayed release Little Children move
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What REALTORS owe Steve Jobs There are times to talk business. There are times to whine. And then there are times to simply pay our respects. With the passing of Steve Jobs yesterday, now is one of those times.As REALTORS, we tend to be in a hurry all of the time. We are dealing with this … [Read More...]
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Listing Syndication? Not for this Broker!
Curtis Reddehase, a real estate broker in Austin Texas recently wrote announcing his decision regarding Listing Syndication Attack of the 50 Foot Woman movie and why his brokerage will no longer be participating in that form of marketing. Several reasons were cited, but the 2 main reasons boiled down to: 1. He doesn’t want his [...]
Bigger, Better Home Buyer Tax Credit Taking Shape
.!. If the $8,000 first time home buyer has proven to bring reluctant first time buyers into the market then the recently proposed $15,000 tax credit to all buyers could be a game changer. The real estate market has been in the doldrums for the past few years and with the introduction of the first time [...]
Keller Williams and CitiMortgage announce national mortgage pact
According to a Press Release by Keller Williams, KW and CitiMortgage have entered into an agreement to provide mortgages with reduced fees and a $1,500 on time closing guarantee. While this is not the first agreement of its kind in the industry, it is part of a growing trend among franchises. “Our goal is to [...]