This Week's Real Estate News from The Cutting Edge

Real Estate Agent with InCity Realty

The week's real estate posts of interest from The Cutting Edge.  For up-to-date real estate posts, subscribe, free, to The Cutting Edge feed.

Has Blogging Taken a Toll on Your Health?

This will prevent foreclosures how?  "The foreclosure prevention package is expected to contain a number of measures designed to work in concert. One proposal would draw on $50 billion in funds already approved for the financial bailout to buy up millions of mortgages at a discount."

Joe Spake's Memphis Real Estate Blog  - Find out what you need to know about Memphis in the Memphis Flyer's Annual Manual -

Implode-O-Meter versus the DPA Hydra - -"Hard hitting Doom friend Aaron, founder of the Implode-O-Meter site, like twist here at Doom, has been a long-time critic of residential real estate Down Payment Assistance (DPA). The other day he took robust exception to a recent Los Angeles Times article [2] generally supportive of the practice."

Calculated Risk: Freddie, Fannie Suspend Foreclosure Sales - -

$15,000 Housing Tax Credit May See New Life As Separate Bill : The Real Estate Bloggers -

Why Letting Judges Modify Mortgages Is Bad For All : The Real Estate Bloggers

A Pyramiding Scheme Pre-Destined For Collapse - - ""The FDIC should be taking banks over, sending their management packing, and liquidating their assets the moment they see their net worth has reached negative territory.""

Think You Can't Use "Realtor" in a Domain Name? 53,434 People are Doing It : NAR Wisdom  Thursday at 8:46 am -

Real estate: Location, location, commission | Friday at 7:51 am -

NAR: Distressed Sales Accounted for 45% of Q4 Activity Friday at 7:39 am -

Doc Searls Weblog · Stimulus Bill Qs Friday at 7:34 am - - "Where can one see a copy of the final bill? How about in .html, rather than .pdf form? Earth to Newspapers (and hell, bloggers): Give us some links to some goddam hard facts on this thing. Even the @#$% New York Times story on the Plan's passage offers no links at all to the bill. Or whatever got passed."

$15,000 tax credit wiped out? | Zillow® Blog Thursday at 8:44 am - -

Top 10 Most Expensive Cities To Own a Luxury Home in 2009 : The Real Estate Bloggers Thursday at 8:43 am -

Calculated Risk: Stimulus Package: The Negotiations Begin Thursday at 8:42 am -

Isaac Hayes' home in foreclosure Thursday at 8:40 am - -

STORY OF THE WEEK: Homeowners no longer denying lost equity  Wednesday at 7:38 am - - "Although more than half of those surveyed in's Q4 Homeowner Confidence Survey believe their own home lost value in 2008, more than two-thirds appear to believe that the worst may be over."

Homeowners Call a Bottom: Optimism or Delusion?  Wednesday at 7:37 am -

The truth about real estate compensation  Tuesday at 10:01 pm - -"This month, Inman News is focusing coverage on the issue of percentage-based real estate commissions and other industry compensation practices."

We Were Warned  February 10 at 9:27 am -

A pay-as-you-go real estate model February 10 at 9:26 am - -"If the home doesn't sell -- even if the brokers and agents have invested many hours and incurred costs in an effort to sell the home -- many real estate companies do not require the seller and prospective buyers to pay a dime." | Some ugly questions about that $15,000 home-buyers tax credit - February 9 at 4:46 pm -  Greg Swan: "What this economy really needs is a mandatory 720 FICO score!"

The American Dream In High Reverse February 9 at 4:44 pm - "‘I knew it was coming,' said Gloria Chilson, the former owner of the house, as she watched strangers pick through her belongings. ‘You take what you can; you try not to care.'"

Will You Buy A Home?  February 9 at 4:34 pm -

Are you making your client homeless? | Rain City Guide February 9 at 4:33 pm - "WARNING TO SELLERS: IT IS VERY HARD TO GET A MORTGAGE. In the last market like this, many sellers assumed that since they had a HUGE downpayment, they didn't have to worry about qualifying for a mortgage on the house that they were planning to buy. NOT SO!"

For up-to-date real estate posts, subscribe, free, to The Cutting Edge feed.



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Joe Spake

Midtown, Downtown, East Memphis Specialist
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