Date

Nov

30
2007

There may actually be HOPE NOW

Talk of freezing the interest rates for some subprime borrowers -- somewhat heretical when floated by FDIC chief Sheila Bair in October -- now seems like a good idea even to Wall Street investors in securities backed by subprime mortgages....  more...

Guest Post: A local report on home values

They're not so good. --Todd Carpenter - lenderama  more...

Nov

29
2007

RE/MAX is history ...

The RE/MAX organization will be profiled in an episode of "History's Business," a television series on the History Channel. The show featuring RE/MAX will air for the first time at 8 a.m. Eastern Time on Sunday, Dec. 2, RE/MAX announced...  more...

Nov

28
2007

TONS OF ALL CAPS AND EXCLAMATION POINTS!!! A MUST SEE!!

The Real Estate Desperation Index: A simple measure of the level of housing-market desperation for a given market area: Go to craigslist.org and specify a market area. Select the "housing" category and the "real estate for sale" sub-category. Type in...  more...

Trulia and the debate over the value of media companies in real estate

Real estate search site Trulia is offering agents a featured listings advertising product, the company said Tuesday on its blog. The ads will enable agents to place listings in top search results on Trulia and promote their photo, name and...  more...

Nov

27
2007

It's a long way down

The unprecedented rapid run-up in U.S. home prices during the past decade has turned to a steep descent, and the wild ride has left the housing market in uncharted territory, economist Robert J. Shiller said in a presentation today. And...  more...

House hunting for the health conscious

If you subscribe to Seth Godin's "Be Remarkable" school of marketing, you might find this interesting: A real estate brokerage company in Colorado has branded itself around the idea of using bicycles to tour homes for sale. Pedal To Properties,...  more...

Nov

26
2007

CyberBlackThanksDay

by Jim McKeeth Too much going on this time of year? Did your Thanksgiving turkey coma (too much Tryptophan?) last week cause you to forget to register for Connect? Or were you too busy lining up for those pre-dawn Black...  more...

The Gateway

A proposal for a national property information database, called the Gateway, has stirred mixed reactions among real estate professionals. Intended to give Realtors, consumers and others broad access to property information, the details of the Gateway are still being worked...  more...

Someone to lean on (besides Fannie and Freddie)

Wall Street investors are demanding higher returns for mortgage-backed securities that aren't guaranteed by Fannie Mae and Freddie Mac. So lenders like Countrywide Financial Corp. are concentrating much of their loan production on "agency elligible" loans. Whether Fannie and Freddie...  more...

Fannie, Freddie provide ammo for critics

Federal regulators "have been vindicated" in their opposition to allowing Fannie Mae and Freddie Mac more leeway to buy up mortgage loans, according to a story/editorial by Washington, D.C.-based reporters for Britain's Financial Times (via Yahoo!). The government chartered, for-profit...  more...

Guest Post: Almost-celebrity home for sale

Leon Hendrix, brother of Jimi and leader of his own band "Leon Hendrix Mysterience" has his house on the market. Mr. Hendrix asked his agent to make sure that is was marketed as a Hendrix family property. Zingy ad copy...  more...

Guest Post: Dubai sees buying opportunity in U.S. financial sector

News from Dubai last week is just the latest example of the "when there's blood on the streets" model of doing business. DIFC Investments is identifying "good opportunities for acquisitions" in the United States. Could a bailout be coming from...  more...

Nov

21
2007

Upside of a downturn

Most of the financial news lately has been bad. The dollar is the weakest it's ever been; a barrel of oil costs $100; some housing markets are frozen stiff; ratings agencies are being investigated; lenders and securities firms are writing...  more...

Nov

20
2007

Waterboarding, wiretapping, and a new judge for DOJ vs. NAR

Bush administration appointments have led to a change in the judge presiding over the two-year-old antitrust lawsuit filed by the federal government against the National Association of Realtors. (See Inman News.) Mark R. Filip, a U.S. District Court Judge for...  more...