Proposed Bill in Congress Could Crush Housing Industry - 09/24/10 05:22 PM
From Matthew Ferrara & Company's Blog today:
 
If you’re looking for how the housing market double-dip will be created, here’s the answer. Never mind the endless taxpayer-backed money-pits of FHA, Fannie and Freddie: Here comes a proposal to grant defaulting homeowners the “right” to rent their homes for five years.
 
It’s called H.R. 5028 and it’s no joke. The “Right to Rent” bill drafted before Congress meets with the approval of the Center of Economic Policy and Research, a think-tank that believes home “ownership may not be the smartest option.” Not that such thinking in Washington should come as news to … (10 comments)

It's called VIDEO............ - 09/20/10 09:04 PM
Imagine watching TV, clicking to your favorite show. Due to programming changes, REALTORS have taken over the broadcast. Popcorn, muzack and a slideshow, anyone? Um..... it's called VIDEO for a reason. That's the message that needs to go out to REALTOR-land this week (and for some time to come, I suspect). While millions of lowly seventh-graders seem to have no problem filling up YouTube with high-definition video, too few adults in charge of the housing industry have figured out that movies require one critical feature: Movement. What's with the slideshows, folks? A panning set of photos doesn't cut it in the … (5 comments)

More Housing MisInformation... When Will it Stop? - 09/15/10 11:26 AM
Poor REALTORS! The misinformation campaign about the housing market continues with yet another announcement of a “drop” that is entirely meaningless. When will real estate brokers take control of the information story?
<!--more-->Yet another announcement is making the media rounds today, lowering confidence and confusing the consumer. Trulia (amongst others) released data today indicating that home sellers “slashed” prices for homes "on the market" last month. The media, untrained in either economics or real estate, is churning this report as if the “market has dropped” once again. Even financial networks are making the mistake of saying this latest price reduction … (31 comments)

Housing Market Grows 1.9% Across America - 09/08/10 08:44 AM
Using data from reliable real estate sources, we're pleased to announce today that the housing market is rising all across America! Imagine that. With the help of a spreadsheet and an averaging formula, the housing experts at Matthew Ferrara & Company have been able to do what the National Association of REALTORS and other industry analysts have not: We've found the housing recovery! Now, before you turn away and think this is some kind of trick, let us assure you that we could not be more serious. In fact, we're going to show you our data, and let you decide whether … (5 comments)

 
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Matthew Ferrara -- Matthew Ferrara & Company

Boston, MA

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-- www.matthewferrara.com

Address: 45 Osgood Street, Methuen, MA, 01844

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