Tune in to WINA – 1070 AM – from 4:10 to 4:30 as I will be discussing the housing bailout bill signed the other day .
Date Archives July 2008
Will Sellers Believe Us Now?
When we say that print advertising is a means by which to satiate sellers and not an effective way to market a house, will sellers finally take note of the reality of the market? The LA Times’ shuttering / merging of its real estate section is a sign of the times, and one that Realtors and Sellers should recognize (I think that Buyers already know this).
Number One!
How to sue dual agent (thanks, Google) Dual Agency is a scourge upon the Realtor profession, and I’ll gladly take the number one position against it.
Ron Paul on the Housing Bailout Bill
Hat tip: Seeking Alpha And here you have the National Association of Realtors lauding the bailout . Bother.
This is the Transparency that Smaller Builders need to Embrace
Acknowledge your financial issues (if you’re a builder in this market and say that everything is A-OK and hunky dory you’re most likely delusional or a liar) and encourage buyers to join you in the experience. … In our neighborhood, there’s a place for all families with townhomes, cottages, and single family homes to suit the family of one or four. (ed. note: what about families of 5+?) … it takes more than building houses to encourage inspiration and confidence.
Tear ‘Em Down
So far, Washington has put its political capital into trying to refinance salvageable homes for unsalvageable homeowners , when a relevant policy would consist of judiciously buying unsalvageable houses and demolishing them. Fannie and Freddie’s strength is housing market software: They could be put to work devising a least-cost, maximum-bang strategy for demolishing unoccupied homes to preserve as much value as possible for the homeowners and mortgage creditors who remain.
Cautiously Realistic Motivation
Thanks to Kris Berg for finding this gem .