Tag Archives: Housing

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.

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 13. Aug, 2010 by Sherry Chris.

Social media’s power in capturing the public’s imagination was in full display again this week when a Jet Blue flight attendant quit his job after he “hurled obscenities at passengers over the airliner’s PA system, then deployed the inflatable emergency chute, slid down and fled.”  He instantly became an Internet sensation, spawning a Facebook page [...]

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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.

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

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

Posted on 30. Jul, 2010 by Sherry Chris.

There was a lot to digest this week, and I’m not just talking about the half-size “Super Sub” President Obama ordered in Edison, New Jersey as part of his tour supporting a small business plan. Food for thought in our industry came in the form of mortgage-to-income ratios at the lowest in more than 30 [...]

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Tax Credit Extension or Not

Tax Credit Extension or Not

Posted on 28. Jun, 2010 by Wendy Forsythe.

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 11. Jun, 2010 by Sherry Chris.

On the foreclosure front this week, the pace of prime borrowers succumbing to foreclosure is accelerating with unemployment being the major driver. The good news, though, is that foreclosures in general leveled off in May, with numbers nearly flat from a year ago. This fluctuation and changes in the market lately have accounted for a [...]

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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.

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 05. Mar, 2010 by Sherry Chris.

Known for his ability to predict the market, Warren Buffet this week said the housing market will recover by 2011. Although this is fantastic news, we need to keep in mind that repercussions of the recession will be evident for years to come. Foreclosures and bankruptcies have marred many Americans’ credit scores which will impact [...]

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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 29. Jan, 2010 by Sherry Chris.

Although President Obama said in his State of the Union Address that the worst is over, we know—at least for the housing market—that we still have a steep hill ahead of us to climb. That’s because everyone loves a good deal, and shoppers in the housing market are no exception. People looking to buy are [...]

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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 08. Jan, 2010 by Sherry Chris.

The new year is already starting out with a bang, with a plethora of news buzzing about in the real estate industry. As positive and negative reports and articles surface about what’s to come in 2010, we have learned that—in the words of The Wall Street Journal—“the outlook for 2010 is uncertain, at best.” There [...]

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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 11. Dec, 2009 by Sherry Chris.

Maybe it seems self serving, but to me the biggest news of the week is that we have doubled our size with the new affiliation of Metro Brokers! With this one partnership, we have added 28 office locations and nearly 2,300 agents. Wahoo! Moving on to other news… Historic low mortgage rates and government incentives [...]

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