Skip to main content

Posts

Showing posts from April, 2013

Wall Street investment firms are feverishly grabbing single-family homes,

Wall Street investment firms are feverishly grabbing single-family homes, the Washington Post reports. Wall Street's been buzzing about this trade for a while. Institutional investors are taking advantage of cheap inventory, combined with our low interest rate environment, to make double digit returns from renting or re-selling homes. As a result, markets in some places are recovering rapidly — Phoenix, for example, has seen single-family home prices rise 23% in the past year. There are questions as to whether this situation is good for the average consumer. If prices rise while jobless rates remain high, it could take longer for the "end-user" of a property to raise the cash to afford a home. From WaPo: “Clearly the investors are moving markets in some places,” said Dean Baker, co-director of the Center for Economic and Policy Research and author of a popular housing blog. “In some markets at the bottom end, you are looking at 30 or 40 percent gains ...

While Wronged Homeowners Got $300 Apiece in Foreclosure Settlement, Consultants Who Helped Protect Banks Got $2 Billion

The obscene greed-and-arrogance stories emanating from Wall Street are piling up so fast, it's getting hard to keep up. This one is from last week, but I missed it – it's about the foreclosure/robo-signing settlement that was concluded earlier this year. The upshot of this story is that in advance of that notorious settlement, the government ordered banks to hire "independent" consultants to examine their loan files to see just exactly how corrupt they were. Now it comes out that not only were these consultants not so independent, not only did they very likely skew the numbers seriously in favor of the banks, and not only were these few consultants paid over $2 billion (over 20 percent of the entire settlement amount) while the average homeowner only received $300 in the deal – in addition to all of that, it appears that federal regulators will not turn over the evidence of impropriety they discovered during these reviews to homeowners who may want to sue th...

Housing market continues to rise.

USA TODAY The National Association of Realtors says its seasonally adjusted index for pending home sales rose 1.5% to 105.7. That's the highest since April 2010, when a homebuyer's tax credit boosted sales. It's also above February's reading of 104.1. Signed contracts are 7% higher than a year earlier. There is generally a one- to two-month lag between a signed contract and a completed sale. Still, sales are being held back by limited supply. Sales of previously occupied homes dipped in March to a seasonally adjusted annual rate of 4.92 million, from 4.95 million in February. Total existing-home sales are projected to increase 6.5% to 7% over 2012 to nearly 5 million sales this year, the Realtors said, while the median existing-home price is forecast to rise about 7.5%. An index of 100 equals the average level of contract activity during 2001, when home sales were in the range of 5 million to 5.5 million. The NAR says the index for the Northeast was unchange...

How to Find Foreclosures on Zillow?

Where Can I Find Pre-Foreclosures? To find possible pre-foreclosures in your area, enter your search area on Zillow, then click "Filter" and choose "Pre-foreclosure" under the "Pre-Market" area. Pre-foreclosure information is free after you register with a free account. Be aware that a home listed under the pre-foreclosure category is a home that is not necessarily for sale. But, since the homeowner is in default on his loan, the owner may welcome an opportunity to find a qualified buyer help him avoid possible foreclosure. Also, the home could be scheduled for foreclosure auction under this category. Where Can I Find Listings for Foreclosure Auctions? Zillow offers listings for each stage of foreclosure: pre-foreclosure, foreclosure auctions and bank-owned listings. To find listings for foreclosure auctions, enter your search area on Zillow, then click "Filter" and choose "Pre-foreclosure" under the "Pre-Market" area. F...

Lane county Oregon home prices continue to rise. Foreclosures still on ice..

With a small foreclosure shadow inventory, and Real Estate brokers unqualified to negotiate short sales stalling them Real Estate values are rising. Oregon banks will start to release the approximately 2600 in current shadow foreclosures next week. Spread evenly across the state by population it is not going to stop the 2013 rise. I expect loan modification failures along with failed short sales to create another shadow inventory that will affect the market sometime in late 2014 to early 2015. I forecast a normal rise and fall in values will take place inside 2017-2029, Remember. 2002-2012 inflated and crashed on an extreme scale due to bad loan underwriting. The profits nor losses will not compare to the recent bubble melt down. All markets adjust! Buy on the down turns & sell on the way up. Nobody can accuratly predict an exact bottom or top. If you found it you already missed it. I call it investing on hill sides. If you are still in the buyers market you missed the...

Navy SEAL Training - Self Confidence - Froglogic Motivational Training

Eugene Oregon's recently sold homes average price per square ft..

Eugene Recently Sold Homes

Eugene Recently sold homes average sales price.

Eugene Homes For Sale

Economic focus Eugene / Springfield Oregon

Eugene Recently Sold Homes

Home buyers are shopping for homes on You Tube!

Know the major benefits of selling property on line. A listing agent in this market must master social media!

The future in social media is here. If a Real Estate listing agent does not have a strong social media presence you will loose opportunities to get more buyers. More Buyers equal more money.  

Buying a Home Is the New Engagement Ring

Couple Forecloses on a Bank Of America branch after illegal foreclosure!

Economic Focus Today's rates are just the same as last Friday, even though we have seen some relatively big swings in the stock markets during the last 5 days.  Investors are simply not feeling good about day to day economic developments, and are chasing the highs and lows.  The smart money is still gravitating toward the safe haven of bonds, which will keep interest low. Also, inflation, real or imagined, is not really presenting a problem and doesn't look like it will be a factor for at least most of 2013.  All of this is good for mortgage rates, but we still need to see some sustained economic growth to really get the housing market going. The following rates are based on 30 day locks with no discount points and credit scores of 740 or better, as of this morning.  They are not come ons, they are the rates your buyers will most likely get from a reputable lender, regardless of what is advertised.  Certainly there are other specialized programs av...

Katy Perry Selling Home She Shared With Russell Brand

David & Victoria Beckhams Reportedly Selling Hertfordshire Home

http://teamthayerrealestatevideos.magnify.net/video/Beckhams-Reportedly-Selling-Her
INFO THAT HITS US WHERE WE LIVE ... Last week gave us more evidence that this housing recovery, though growing slowly, will in fact endure. A ccording to a major online real estate portal, l isting inventory rose 3.5% from January to March. This beat the gains going into the 2012 Spring selling season, although inventories are still 15% off last year's levels, with only nine of 146 metros showing annual increases. Not surprisingly, the median age of inventory in March dipped to 78 days, down 12.3% from last year, and median asking prices were up 0.5% from February, gaining in 29 of the top 30 metro areas. A ccording to a housing consultancy, l and values are up 13% on average over last year, their first annual rise since 2005. The increasing demand from builders for finished lots is driving the gain, as the rate of new home construction is up 27.7% the past year. Higher land values will mean higher prices for new homes, as land cost makes up 21.7% of the final sale...

Signs, signs yes they are so very important to home sales!

Make sure the Real Estate Broker you hire has great signs! If your house has a shop in back there needs to be a sign pointing that fact out. Also homes with large lot's, timber value, 5 bedrooms in a neighborhood known for 4 or less, water front, anyrhing that sets the home apart but cannot be seen from the road. You never want too much information displayed in front of the unit.for sale! People will eliminate the house before getting a chance to call the Broker or they will forget about the house by the time they get home as the mystery sparking human curiosity is gone. The important thing is they call the listing broker. The listing broker should then use their sales skills to get the buyer in the home.for a proper showing. The statistics of a buyer buying after pulling a flyer are 0%. As soon as the.same buyer gets inside for a showing the chances of the buyer making a purchase goes from 0% to 50%. A second showing the statistic jumps to 80%. There is a.reason 20% of the listing brokers sell 80% of the homes! Find the right agent and.have better success!

Smartphone App Predicts Short Sale Difficulty

Smartphone App Predicts Short Sale Difficulty So you don’t believe in psychics, palm readers, or any of those zany fortune tellers – the ones with the lights on but nobody’s home? After all, seeing is believing, right? Well, once you feast your eyes on the new My Short Sale Score smartphone app, you might find yourself shouting, “I believe!” from your rooftop. This brand-new app recently caught our eye during the course of some other tech-related research, and although we have not had time to test the app for ourselves (yet), we immediately suspected that you would appreciate today’s opportunity to learn more for yourself. According to multiple sources, including this YouTube video, the “My Short Sale Score” app can actually predict from the palm of your hand how difficult a short sale will be. What a powerful game-changing tool for real estate investors and agents alike, huh? It’s Really Quite Simple Picture this: You’re beginning to consider a certain short sale ...

Selling your home. Do open houses work? By Justin Thayer Broker in Eugene Oregon.

Selling you house? How to find and hire Statistically Best Listing Real Estate Broker

Selling your home. Do open houses work? By Justin Thayer Or Team Team Thayer Real Estate

Selling your home. Do open houses work? How to use open houses to gain an advantage. Open house statistics. By Justin Thayer Team Thayer Real Estate Key Reality Group Inc.. Broker in Eugene Oregon. Servicing all of Lane county Oregon . http://youtu.be/NhNfYClu3Po

Finding the best Real Estate Agent in Oregon!

5 pending 1.active 2 not yet listed. We are Statistically the best Real Estate Listing Brokers in Eugene Oregon

CHART OF THE DAY: That's What A Housing Recovery Looks Like Read more: http://www.businessinsider.com/chart-of-the-day-january-case-shiller-2013-3#ixzz2PvYxMg9G

Home prices: Biggest rise since housing bubble

Home prices continued their recovery, rising 8.1% in January, although a separate report showed a slight slowdown in new-home sales. The S&P Case-Shiller index, which tracks the 20 largest markets in the nation, showed the biggest year-over-year gain in prices since June 2006. "This marks the highest increase since the housing bubble burst," said David Blitzer, chairman of the index committee at S&P Dow Jones Indices. Related: 5 best markets to buy a home In a separate government report Tuesday, new homes sold at a 411,000 annual rate in February, down nearly 5% from the January sales pace but up 12% from year-earlier levels. The typical price of a new home sold in the month was $246,800, up about 3% from both the January and a year earlier. Joseph LaVorgna, chief U.S. economist for Deutsche Bank, said that bad weather in February could be partly responsible for the slowdown in sales. But he said market fundamentals suggest that the market for new-hom...

Olympic Wrestling must stay. We have 2 Olympic hopefuls in Eugene!

The Committee for the Preservation of Olympic  Wrestling The Battle We Must WIN:  Our Call to Engage the  Wrestling  Community              All of you, no doubt, know the global  wrestling community was shocked to learn of the I.O.C. Executive Committee's decision to remove  wrestling  as a core Olympic sport starting with the 2020 Games.  USA Wrestling  has been deeply involved in leading the effort to ensure that our voice is heard.  Starting with the change of leadership at F.I.L.A., American  wrestling  has been a leading force for necessary change in our sport as well as establishing a clear path forward in the international sport and  wrestling  community with a goal of returning  wrestling as an Olympic sport for 2020 and beyond.           ...

Real Estate market is value is rising in 2013.

Watch "2013 The Crash of the U S Housing Market" on YouTube This is an older prediction that has shown to be 100% true so far. Take advantage of the last of the low prices before the selling market figures out the foreclosure wave has passed.

Sell.your home now. Eugene market values are rising.

Home selling secrets your Realtor does not want you to know ( part 4)
Home Selling Secrets Real Estate Agents Don't Want You To Know ( Part 5) - YouTube
Homes for sale in Springfield Oregon: 1464 Modoc St. Springfield Or Pre Foreclosure 1156 sq ft. 3 bed 1 bath $130000