Some Sunny Wednesday Real Estate Reading

Housing Some Sunny Wednesday Real Estate Reading

Fannie, Freddie accelerating short sales – Inman News

Fannie Mae and Freddie Mac will require loan servicers who need more than 30 days to make a decision on a short-sale offer to provide weekly status updates and give a thumbs-up or thumbs-down no later than 60 days after receiving an offer.

New Short Sale timelines and HARP Updates - CR

Betting on Vegas Comeback – WSJ

Difficulties in forecasting the impact of shadow inventory on the housing market – Sober Look

Housing: New Bubble or More Trouble? – Dollar Collapse

Housing Data Disappoint … Again – BusinessWeek

The Housing Market Returns… Now – Esquire

After four years of debilitating fear and a market flooded with ownerless houses, the tide is finally beginning to turn. In fact, I believe the housing market, home building especially, is about to surge.

Economy

TrimTabs Blasts Retail Sales Report, Proposes Firing All Government Economists and Disbanding the BLS, BEA and Census Bureau - Mish

Hopeless Situation in Spain: New Wave of Defaults as Home Prices Crash; Bad Loans Highest Since Oct ’94 - Mish

Are Soaring Student Loans The Best Economic Indicator? – Zero Hedge

China home prices fall in most cities in March – CNA

Spain Is Doomed: Why Austerity Is Destroying Europe – The Atlantic

Misc.

Obama Launches More Realistic ‘I Have Big Ideas But We’ll See How It Goes’ Campaign Slogan – The Onion

“My fellow citizens, I stand here today to tell you that, if given a second term, I have very big plans for our nation’s future,” Obama said during a rally at Chicago’s Navy Pier. ”Ambitious, forward-thinking plans I will have to drastically scale down based on opinion polls, budget considerations, and political roadblocks, but, you know, I’ll see what I can do. No promises, though.”

The Shiller Duality - TBP

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Greg Fielding

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About Greg Fielding

I am a longtime real estate agent who has pretty much seen it all during the housing boom as bust. With experience in selling high-end property and low-end foreclosures, raw land, short sales, development work, apartment buildings, and working with investors, I bring a well-rounded perspective to my work.I also have started to do some paid real estate consulting. If you have questions or just need some good real estate advice, book an appointment at http://whattodorealestate.com/In addition to selling real estate, my insights have been featured in The New York Times, The Big Picture, and regularly on Patrick.net. I have also done consulting work with ForeclosureRadar.Starting my career, in 2003, I have sold homes throughout Alameda and Contra Costa counties, specializing in Danville, Alamo, Blackhawk, San Ramon, Dublin, Pleasanton, Walnut Creek, Lafayette, and Orinda. I live in Danville with my three kids.


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One thought on “Some Sunny Wednesday Real Estate Reading

  1. mikewilliamsen

    This is certainly what everyone wants to hear. But, the time limit doesn’t start until the package is deemed “complete.” As a scarred veteran of too many short sales, “complete” is pretty vague in banking terms. And what happens if the servicers don’t comply? Personally, I’d rather just do away with HAFA along with all the hardship requirements that are the majority of the clog. Give the banks the choice to take the hit or the property.

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