Tag Archives: Mortgage

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

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

Posted on 12. Mar, 2010 by Sherry Chris.

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Of all the signs that the economy is getting better, the most exciting, in my opinion, is the shrinking number of foreclosures. It tells me that the “worst case scenario” is getting a little better, as the number of homeowners facing foreclosure decreased 2 percent from the previous month. Additionally, foreclosures in February grew 6 [...]

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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.

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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 26. Feb, 2010 by Sherry Chris.

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This week, we are having what I like to call a “Hesitation Moment.” In different data released this week, the housing market went back in time, with numbers being reported similar to those we saw in the 40s, 60s and 80s. Mortgage applications fell to the lowest level in 13 years and in January, sales [...]

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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 19. Feb, 2010 by Sherry Chris.

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On the one year anniversary of the Home Affordable Modification Program (HAMP), more than one million homeowners have gotten temporary reductions in their mortgage payments, with 12 percent receiving permanent modifications. Although to date this is just minimal success, plans announced this week will increase this percentage significantly as banks rethink their policies and qualifications. [...]

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One-Stop Shopping: What’s Happening?!

One-Stop Shopping: What’s Happening?!

Posted on 18. Feb, 2010 by Rick Gregory.

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It almost feels old fashioned to use the words “one-stop shopping”.  Heck, it was very common many years ago for real estate firms to own both insurance agencies and mortgage brokerages (even my great grandfather owned a real estate and insurance company back in the early 1900’s in Hackettstown, NJ.)  In today’s world, however, we [...]

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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 12. Feb, 2010 by Sherry Chris.

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This week officially kicks off the beginning of real estate season or, as I like to say, the Real Estate New Year. The 2.9 percent increase over December on new “For Sale” homes in January certainly will help the market get off to a great start. I wish everyone a Happy Real Estate New Year [...]

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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 22. Jan, 2010 by Sherry Chris.

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If you are a frequent CNN viewer, you know well about the political upheaval that has unfolded this past week, from a Republican taking the late Ted Kennedy’s Senate seat in Massachusetts, to the likelihood of health care reform bring shoved “off the table”, to President Obama’s new proposal for stricter rules on banks, in [...]

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Job Loss Report – The Rest of the Story

Job Loss Report – The Rest of the Story

Posted on 11. Jan, 2010 by Rick Gregory.

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While many of my previous blog’s use of attempted humor to prove a point have generated some fun conversations, my goal is always to share relevant information that is hopefully found useful by many of our franchisees and sales associates.  After reviewing Friday’s jobless numbers, providing some direct factual information that can help shed some [...]

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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.

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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 is [...]

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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. Dec, 2009 by Sherry Chris.

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This week marked the official beginning of the holiday season and, as Christmas trees were being lit in Rockefeller Center and at 1600 Pennsylvania Avenue, the real estate industry was abuzz. As a result of the “original” first time home-buyer tax credit, the number of homes with sales pending in October reached its highest level [...]

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Spring Comes Early!

Spring Comes Early!

Posted on 10. Nov, 2009 by Rick Gregory.

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According to the 2010 Farmers’ Almanac, this coming winter “a large area of numbingly cold temperatures will predominate.”  However, I suspect the warming effects of the extension of the Homebuyers Tax Credit will make for a very “hot” winter in real estate.
You don’t need an almanac to know that traditionally, the months of December, January, [...]

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