Tag Archives: Government

Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 27. Aug, 2010 by Sherry Chris.

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The midterm election season is officially underway with many states holding their primaries – some of them out-and-out nail biters. No matter which side of the aisle you fall, elections are certainly an interesting spectator sport as the candidates pull out their boxing gloves. In a standoff of another kind, sometimes the relationship between agent [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 20. Aug, 2010 by Sherry Chris.

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Some slowdowns are good.  DJ Shamantis created an internet hit this week with “U Smile 800 Percent Slower.” A rendition of pop star Justin Bieber’s hit played eight times slower. Give it a full listen if you have 35 minutes to spare. What is speeding up:  The rate of new mortgage applications, quickening 13 percent [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 06. Aug, 2010 by Sherry Chris.

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President Obama, born August 4, 1961, celebrated his 49th birthday this week.  The same year the President was born, the lobby group National Committee against Discrimination in Housing (NCDH) released a report which found that private mortgage lenders continued to “profit from Federal benefits, chartering and insurance” yet still “deny loans on the basis of [...]

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The REport

The REport

Posted on 28. Jul, 2010 by Sherry Chris.

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The amplitude of the Internet was proven once again last weekend when WikiLeaks released approximately 92,000 classified documents on the war in Afghanistan.  White House officials are no doubt revisiting their handling of classified documents in light of this.  What is your policy on protecting important business files from ending up on the Internet? What [...]

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The REport

The REport

Posted on 06. Jul, 2010 by Sherry Chris.

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As temperatures reach record highs along the east coast, another record has been broken: Lady Gaga became the first living person to attract 10 million Facebook fans. More than even President Obama, but less than Texas Hold ‘em poker and Family Guy. Consider this, even if your numbers aren’t “Ga Ga” on Twitter, new data [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 02. Jul, 2010 by Sherry Chris.

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As Hurricane Alex swirled around the Gulf producing ten-foot waves and 25 mph winds, 180,000 homebuyers got a lifebuoy that will save them from what could have been a perfect storm of their own.  These homebuyers, who signed a purchase agreement by April 30, were likely going to miss the June 30th deadline to complete [...]

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Tax Credit Extension or Not

Tax Credit Extension or Not

Posted on 28. Jun, 2010 by Wendy Forsythe.

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We prospect diligently to find qualified buyers. We work with them tireless to find the perfect home. We negotiate expertly on their behalf to get an accepted offer. But then the real work begins these days. As we try to hold it all together and actually get to a successful closing. NAR estimates that as [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 25. Jun, 2010 by Sherry Chris.

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Even with a whirlwind of news this week – from General McChrystal’s departure to the longest tennis match in the history of Wimbledon – real estate remained a major focus. Sales of new single-family homes were down 32.7 percent to a record low. Sales of previously owned homes, although up 19.2 year over year, fell 2.2 percent. Rounding it out, mortgage applications dropped to their lowest level since 1997. All of these [...]

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Got Attitude?

Got Attitude?

Posted on 08. Jun, 2010 by Rick Gregory.

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Economic forecasts are an interesting thing to consider.  Exactly 3 weeks ago, I read several forecasts that stated that the market was indeed recovering and that the total annualized home sales volume was going to exceed approximately 5.7 million units.  Today, I’ve read that May was down 25 – 30% in some markets and that, [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 04. Jun, 2010 by Sherry Chris.

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The government has played a large role in housing recovery. This week, the real-estate lobby asked Congress to extend the amount of time that potential home buyers have to complete transactions that qualify for tax credit (but, just in case this does not go through, look at these tips for hurrying the process along). Also, [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 21. May, 2010 by Sherry Chris.

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This week, we are starting to see the first inklings of what a post-tax credit real estate market looks like. Numbers out this week show that mortgage rates fell to the lowest level in months, mortgage applications fell to the lowest level in 13 years and new building permits were down 11.5 percent. But, there [...]

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