Lately, there has been much made of the current “housing recovery,” with many thinking that the market turn around has begun and that the end is near for short sales. I could not disagree more, and here’s why:
Has the market recovered? According to Steve Berkowitz, CEO of Move, Inc., which operates realtor.com®, “Where we have seen significant volatility in many markets — including double-digit declines in inventories as well as increases in median price for both yearly and monthly views — we are now looking at a … (0 comments)
foreclosures: Short Sales: Up or down in 2013. Yes. Maybe. Or something…
- 01/15/13 03:44 AM
Short Sales: Up or down in 2013. Yes. Maybe. Or something… Please stop by my facebook page and "Like" http://www.facebook.com/ShortSaleProcessor Somebody once said, “There are lies, damn lies and there are statistics.” Basically, what this means is that anyone can take any statistic and use it for their own agenda. A good case in point is the new GSE practice of demanding 100%+ of BPO value on short sales in some markets because of media reports of rising home prices. This is risky, because temporary or minute price index increases do not spell out a stable price recovery. Moreover, the GSE … (0 comments)
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Short Sale Road Rules: 2014 Short Sale Outlook
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