homes for sale: Mortgage Defaults - 11/13/08 08:35 AM
I just finished our regional conference call this morning. John Farrell our regional owner spoke about the 2 sided effect of the bailout of the banks changing. We now hear that some of the money will not be for buying failing mortgages. This will, I am sure drive up the amount of foreclosures in all markets. They are up 25% from last month. Estimates say we could see 25% of the market being REO and short sales. When the buyouts were happening I thought it was going to hurt the REO/Short sale market. Not so now. I feel it is a good time … (2 comments)

homes for sale: Multi Company/Agent Caravans - 11/12/08 09:21 AM
I was just reading a comment on a blog and it mentioned Multi Company/Agent caravans. I had never heard of this before and thought the idea was great. I think all agents have to get back to the basics and part of this would be getting out to preview more properties. This is definitely a more enjoyable experience with a group. If there are any agents interested in doing this please don't hesitate to give me a call. I think camaraderie in our business will help everyone stay on a positive note. And why not? Everything I am reading and hearing is … (0 comments)

 

Donn DeLane

Clifton Park, NY

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Exit Northway Realty

Office Phone: (518) 383-4400

Cell Phone: (518) 526-2690

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