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foreclosure: Great Read - Easy To Understand Explanation Of Today's Stalled Mortgage Situation - 10/12/10 03:02 PM
This is one of the best articles I've read that really helps explain the mortgage situation that exists today and the stalling of the foreclosure market. It is a bit long, but if you are looking for a primer in easy-to-understand language, this article is for you. Bubble, Bubble, Toil and Trouble in the Foreclosure Market I certainly agree with this bullet point in the conculsion area: "At the risk of understatement, slowing down the foreclosure process just for the sake of slowing it down is really not helpful at this point in the housing correction. In fact, it's really quite
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foreclosure: White Paper Finds Nationally Foreclosures Sell At 72% Of Market Price - 02/03/10 11:33 AM
I often get asked, does Zillow account for Foreclosures when calculating a Zestimate? Short answer: no. However the long answer is very interesting. Recently Zillow released a white paper where we looked at the question of if Foreclosures constituted a distinctly separate market from non-Foreclosures. This paper was born from this debate where some thought there were so many Foreclosures that they were the market; while other argued that Foreclosures have characteristics that caused them to sell lower than at market value. The white paper itself goes into a high level of detail about methodology and data points used, but I'll
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foreclosure: Price Differences Between Foreclosures and Non-Foreclosures - 01/26/10 03:05 PM
Zillow's Chief Economist, Dr. Stan Humphries, has called foreclosures and non-foreclosures two distinct markets - a comment that set off some debate in a previous blog post. That debate prompted us to delve further into the issue, and today Zillow released a white paper called "Price Differences Between Foreclosures and Non-Foreclosures." It turns out that, in most markets, foreclosures and non-foreclosures do indeed constitute two distinct markets, with previously foreclosed homes regularly fetching much lower prices than non-foreclosed homes with similar attributes. Here is the full paper: Via Spencer Rascoff (Zillow): Zillow's Chief Economist, Dr. Stan Humphries, released the following white paper
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foreclosure: Day 1 Video Recap of the RIS Media Leadership Conference NYC 2009 - 09/09/09 10:39 PM
The RIS Media Leadership Conference is going on today and tomorrow in NYC. Today's opening session had some many interesting figures in it, that I didn't think I could do it justice by typing it all up, so I did a video recap. The videos are stat heavy. **Warning - the numbers aren't good, in fact they were pretty downright depressing. However, the interesting thing is that the vibe here isn't depressing. I think people are beyond that. The attitude is now more of - ok, we know the numbers suck, but give them to us straight, let's realistically process them and
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Sara Bonert {Real Estate Internet Marketing}
Atlanta,
GA
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