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Oct

31
2007

Can I modify that loan for you?

By Matt Carter, Wednesday, October 31, 2007.
Lenders participating in a Bush administration initiative to help troubled borrowers avoid foreclosure are planning their first concerted action: a mass mailing of more than 200,000 letters that will offer a toll free number to call for financial counseling. The...  more...

Guest Post: Finally, a useful application of Zillow heatmaps

By Marlowe, Wednesday, October 31, 2007.
I have always known that I reside in the Halloween "Capitol" of Seattle, but until now I have not had scientific proof. In a move of utter brilliance, Capitol Hill Seattle blog has published this Ultimate Guide: Fancy Pants Capitol...  more...

Happy Halloween

By Joel Burslem, Wednesday, October 31, 2007.
(h/t Blown Mortgage)  more...

Guest Post: Behold, The Man Cave

By toddwcarpenter@gmail.com, Wednesday, October 31, 2007.
As the market continues to slow, builders continue to look for ways to generate more interest in their developments. Last night, I saw an ad (and yes, I was watching sports) for D.R. Horton's new Man Cave promotion. Granite counters...  more...

Oct

30
2007

A case of accidental landlording

By Jessica Swesey, Tuesday, October 30, 2007.
I remember at the height of the housing boom many people joking that you know you're in a real estate bubble when hair dressers and restaurant wait staff talk openly about their real estate investment careers. Well, my hair dresser...  more...

Social media tip linkage

By Jessica Swesey, Tuesday, October 30, 2007.
A couple of interesting blog posts on how to use some social media applications effectively cropped up today: What Can You Do With MyBlogLog: Tips from 18 Members (Online Marketing Blog) How To Write Kickass Twitter Posts (Whatsnextblog)  more...

Oct

29
2007

I've done everything for you...

By Matt Carter, Monday, October 29, 2007.
... You've done nothing for me. You said someday I'd have a whole lotta money, I'd be a millionaire But when that didnt happen over night I found out how much you really cared Well, all you want is a...  more...

Guest Post: Zestimating the power of youth

By toddwcarpenter@gmail.com, Monday, October 29, 2007.
Rich Barton, CEO of Zillow has reportedly invested in a new, anti-aging focused Web site called RealSelf.com. Featuring consumer reviews, a community based Q&A, and it's own blog, RealSelf's Web 2.0 nature reflects that employed by Zillow itself. One can...  more...

MBS: housing's canary in a coal mine?

By Matt Carter, Monday, October 29, 2007.
One sign that the housing downturn has bottomed out in a given market is when investors start snatching up homes they consider bargains. A similar phenomenon is expected in the market for mortgage-backed securities (MBS) and collateralized debt obligations (CDOs)....  more...

Seller finds higher commissions move houses

By Jessica Swesey, Monday, October 29, 2007.
Here's a tidbit from Sunday's San Francisco Chronicle on the benefits of sellers offering a higher commission for the sale of their home. It makes sense; money motivates in a work setting so it comes as no surprise that real...  more...

Oct

26
2007

Nobody home, but please keep knocking

By Glenn Roberts, Jr., Friday, October 26, 2007.
The U.S. Census Bureau today reported growth in the share of vacant homes, from 16.6 million units in third-quarter 2006 to 17.9 million in third-quarter 2007. Vacant homes accounted for 13.1 percent of the nation's estimated 126.2 million housing units...  more...

Pop the champagne! We only lost $1.2 billion!

By Matt Carter, Friday, October 26, 2007.
It's a strange world in which a company reports $1.2 billion in losses and its stock shoots up 30 percent. Countrywide Financial Corp.'s third quarter losses were less than many expected, and the company says that after posting its first...  more...

Oct

25
2007

Links for SoCal fire victims

By Matt Carter, Thursday, October 25, 2007.
With damage estimates exceeding $1 billion California Insurance Commissioner Steve Poizner declared an "insurance emergency" Wednesday, which he said would expedite claims from the wildfires in Southern California. Today the Department of Insurance published contact info for property and auto...  more...

Wildfires and over-heated markets

By Glenn Roberts, Jr., Thursday, October 25, 2007.
Bad news for the housing market continues to stack up. The National Association of Realtors this week reported a 19.8 percent drop in sales of single-family resale homes and a 4.9 percent drop in the median price in September compared...  more...

Downturn reaches new depths: Dolls

By Jessica Swesey, Thursday, October 25, 2007.
Gotta love The Onion's breaking news parody on how the housing crisis has trickled down to Barbie dolls: "Doll-Housing Crisis Set to Worsen, Mean Older Brother Says." (h/t to HotProperty)  more...
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