tim and julie harris: 2013 Real Estate Predictions | REALTOR Coaching and Training
- 12/05/12 01:12 AM
HARRIS REAL ESTATE UNIVERSITY 2013 Real Estate Industry Predictions.
From The Great Housing Crash of 2007 the real estate industry prepares for the the Great Housing Recovery of 2013.
1) Return of Home Price Appreciation.
Experts agree that home values hit bottom sometime in early 2012. Zillow Home Value Forecast (see methodology here) shows that 67 of the 156 markets it covers will experience an increase in home values over the next 12 months. Nationally, Zillow forecasts home values will rise 1.1 percent.
Home price increases will exceed inflation in most housing markets for the first time in nearly 7 years. Investors, … (3 comments)
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tim and julie harris: Short Sale Warning: Mortgage Debt Relief Act Expiration Looming
- 06/04/12 09:45 AM
Real Estate Industry Warning: Law set to expire at the end of 2012 that will make it so forgiven debt (from a short sale for example) is TAXABLE as regular income.
Agent Action Needed: Share this post everywhere…repost it, tweet it..share on Facebook.
Unless extended the Mortgage Debt Relief Act of 2007 will expired at the end of this year. We have been warning HREU ASD students about this for well over a year.
For taxpayers, up to $2 million of forgiven debt (or $1 million for those married filing separately) is eligible for the exclusion, according to IRS.gov. Read more at IRS.gov.
(Underwater … (8 comments)
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tim and julie harris: Harris Real Estate University | 2012 Real Estate Predictions
- 10/13/11 08:50 AM
2012 Real Estate Market Predictions | Coldwell Banker CEO Interview October 13, 2011 · Leave a Comment (Edit)
HREU Students, this is an excellent absolutely must watch CNBC video.
Industry leader and CEO of Coldwell Banker Jim Gillespie is interviewed…
Talking points:* Values are falling again..are we in a triple dip for home values?* Decrease in home values directly linked to banks ramping up foreclosures. There is NO question that the foreclosure/ REO and BPO market is about to explode (Are you ready..watch this video to learn how to become a REO listing agent…and make money from BPOs)* Baby boomers kids are … (2 comments)
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tim and julie harris: HARRIS REAL ESTATE UNIVERSITY | Breaking News: New Bank of America Short Sale Program
- 10/04/11 09:53 AM
Breaking News: Bank Of America PAYs Owners $20,000 To Short Sale! October 4, 2011 · Leave a Comment (Edit) Breaking News: New Bank of America ‘Enhanced Short Sale Relocation Assistance’ program PAYS owners to short sale…starting in Florida…expect a national roll out soon.
Florida Agents:Florida Enhanced Short Sale Relocation Assistance Florida homeowners may receive $5,000 to $20,000 in relocation assistance.
Bank of America encourages distressed homeowners to explore a short sale as a viable option for avoiding foreclosure. To that end, for a limited time we are offering enhanced relocation assistance to help motivate homeowners to engage with us on a pre-offer short sale. An … (0 comments)
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tim and julie harris: Harris Real Estate University Breaking News: New Obama Housing Program
- 09/01/11 09:06 AM
Is It Too Late to ‘Help Housing’?
President Obama doesn’t think so….next week he will roll out another…new program.
As you know, the housing market is continuing to crash/ correct/ depreciate. Homes values fell 5.9 percent in the second quarter from a year 20% + and climbing of all home owners are underwater. HREU students know that REOs are now being released as banks finally let lose of their storied shadow inventory. Read here about the dramatic increase in REO inventory expected .
Before we get to the leaked proposed Obama Plans…here is a great video from CNBC that recaps how well … (0 comments)
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tim and julie harris: Harris Real Estate University 2012 Real Estate Predictions
- 08/30/11 10:53 AM
One of the most common questions we are asked is…what are our 2012 housing predictions.
Your best way at predicting the future is looking at the present. Specifically, what is happening with housing now.
Lets review the facts:
* Foreclosures made up roughly one-third of all home sales this spring... six times the percentage of foreclosures in a healthy housing market.
* Foreclosure sales accounted for 31 percent of the market in the April-June quarter, foreclosure listing firm RealtyTrac Inc. This number is artifically lower that it would of otherwise been due to the robo-signer, foreclosure fraud problems that bogged down the process. Once that … (3 comments)
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tim and julie harris: Harris Real Estate University Agent Alert: Hurricane Irene Is HERE...Opportunity Knocks!
- 08/26/11 06:59 AM
REALTOR Alert: Hurricane Irene is HERE!
As you read this the worst hurricane in recent history is threatening the East Coast of the US. As a REALTOR, what can you do now to be of service to your community?
You now have the opportunity to be of service to your community when its most in need…
Disaster planners are preparing for massive power outages from the Carolinas to New England as Hurricane Irene begins to march north up the East Coast.
Extended blackouts can stop the water supply, shut down gas stations and slow recovery efforts.
The American Red Cross is … (1 comments)
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tim and julie harris: Emergency Homeowners Loan Program | $50k Given To Underwater Owners
- 07/05/11 12:10 PM
For the roughly four million homeowners who have fallen behind on their mortgage payments, the federal government is offering yet another remedy: free money to catch up on their loans.
STOP and READ NOW: What do to the top 7439 REO Listing Agents in the US know that you don’t?Watch the FREE Agent REO Secrets video and download the FREE REO Training Guide. NOTICE: Free book guaranteed for the first 100 agents only.
The effort, called the Emergency Homeowners Loan Program, is the latest in the federal government’s efforts to slow down the flood of foreclosures a necessary step to a meaningful recovery … (4 comments)
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tim and julie harris: BPOs: Banks No Longer Using Agents? | How To Do BPOs | BPO Training
- 03/04/11 08:34 AM
Source: Harris Real Estate University
Agent BPO Panic….
“…..banks are no longer using agents for BPOs…now, they will only use appraisers!”
Response from Coach Julie Harris:
There’s been a lot of discussion and many emails which we have received that start out something like this:
“Hey, did you hear that there’s not going to be any more BPO work out there? Yep, the banks are all going to use Appraisers instead of BPO Agents now.”
So is there any truth to this myth? This rumor? This urban Realtor Legend?
First, let’s take a look at the facts.
The rumor began with … (4 comments)
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tim and julie harris: 2011-2012, Home Values Continue To Fall | All Cash Buyers Dominate
- 03/04/11 06:06 AM
Round up of this weeks important statistics:
* Sales of existing homes rose in January after the worst year in more than 10 years. A modest rise of 2.7 percent from December may appear to be good news, but the devil is in the details.
* First-time homebuyers accounted for just 29 percent in national sales. According to the National Association of Realtors, 40 percent is a healthier number. First time buyers are being beat out by all cash investors. Going into the spring we expect this trend to continue. This is happening in all price ranges. In Southern California all … (3 comments)
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tim and julie harris: Obama Loan Modification Programs Ending? | HAMP Program Canceled
- 03/04/11 05:59 AM
Has the Obama Administrations foreclosure prevention programs worked as originally intended?
Well, no.
Update: At the end of today we will know if the HAMP Program will remain in effect or be completely canceled.
Should we start dancing on the graves of all the failed ‘save housing’ acronyms…HAMP, H4H, HAFA…?
….Its VERY easy to be an arm chair quarter back and criticize the many (failed and failing) government programs. But, lets jump back in time a couple years.
Remember when the world (economy, anyway) felt like it was coming apart…remember when it seemed like we would all be living in … (0 comments)
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tim and julie harris: 5 Great Reasons to Buy a Home NOW! | Has Housing Hit Bottom?
- 02/08/11 07:30 AM
5 Great reasons to buy a home…or many homes…NOW.
Yes, you read that right…in many markets…in the lower end price ranges…it does make sense to buy a home now. Our contention is that the lower end homes where the cost of owning is equal to or less than the cost of renting it may be best to buy.
Buy a home for yourself…or as a rental…
For example: We live in Las Vegas. In Vegas there are condo areas where renters are paying the same and in some cases MORE than they would pay if they purchased. We just referred … (4 comments)
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tim and julie harris: 5 Great Reasons to Buy a Home NOW! | Has Housing Hit Bottom?
- 02/08/11 07:28 AM
5 Great reasons to buy a home…or many homes…NOW.
Yes, you read that right…in many markets…in the lower end price ranges…it does make sense to buy a home now. Our contention is that the lower end homes where the cost of owning is equal to or less than the cost of renting it may be best to buy.
Buy a home for yourself…or as a rental…
For example: We live in Las Vegas. In Vegas there are condo areas where renters are paying the same and in some cases MORE than they would pay if they purchased. We just referred 2 … (2 comments)
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tim and julie harris: 20 Facts About The Real State of Housing | When Will Housing Hit Bottom?
- 02/03/11 08:57 AM
Originally Posted On Tim and Julie Harris.com
The “housing Armageddon” that we have been experiencing since 2007 is going to get even worse in 2011.
We are officially in the middle of the worst housing collapse in U.S. history.Now officially worse than even The Great Depression.
Yes, I understand that what you are about to read on the surface is depressing. Behind all of the numbers are literally millions of Americans who have had their lives adversely effected. No doubt, these are hard times for many American families.
What can YOU do to help?
You are about to read a list … (2 comments)
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tim and julie harris: Breaking Real Estate News: THIS Housing Crash WORSE Than The Great Depression
- 11/18/10 08:48 AM
Hello, Urgent Housing Alert...you want to read this asap... Before we get to the headlines...quick reminder... ....join us for tomorrow's Superstar Interview featuring Bank of America's #1 Loan Officer...for the entire nation! Here is the info you need to attend this free event: Kevin Budde, Bank of America's #1 Loan Officer Exclusive Interview. Real Estate News Headlines: * Homes In Default Hit Historic Records | Home Value Loss Greater than...The Great Depression. * Defaulting Homeowners Living Payment Free...For YEARS! * Donald Trump: Moguls, Mavericks and Empires. (Video) * Must Watch Video Cartoon..Quantitative Easing Explained (Video) … (8 comments)
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tim and julie harris: Harris Real Estate University | Honest Feedback, My Results and Experiences
- 09/10/10 11:55 AM
This is a repost from Tamara's Active Rain Blog:
(Thanks Tamara)
Let me preface this by saying this isn't any kind of solicited endorsement, in fact, I'm not trying to promote a company as much as I am trying to share my experiences in hopes of helping so many of the agents out there who I know are struggling.
So I admit that short sales scared me and I felt totally lost when it came to BPO's or REO's.I also dreaded cold calling or even calling back Internet leads.
I've done most all the coaching programs out there, and I'm … (0 comments)
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tim and julie harris: The Real Estate Collapse Is Here: What Realtors Must Do NOW (Videos)
- 08/24/10 10:20 AM
Presenting the Harris Real Estate University Mid Year State of the Union Report.
Agents, we are going to tell you the truth..the whole truth and nothing but the truth about what is happening next for our industry. Our philosophy is to simply be prepared for the worst and hope for the best.
You will either choose to listen, partcipate and take action...or not.
Lets get started by reviewing the headlines from today's news:
* National Association of Realtors July Home Sales…Nose Dive of Nearly 30%!
* Tony Robbins (yes, that Tony Robbins…Mr. Optimistic) Issues Dire Economic Warning.
* Strategic Foreclosure…Right … (17 comments)
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tim and julie harris: Top Real Estate Headlines : Foreclosures, Short Sales, Double-Dip In Home Values
- 08/05/10 11:40 AM
Most Important Real Estate News Stories This Week As always, here is your weekly real estate news round up. Overall, another busy week for our industry. ...I know that you are busy..and probably didn't catch all of the newest breaking housing news... Here are the most read stories this week:
* Foreclosures, REOs How Many Are Coming Now? * How Long Will This Housing Market Last? * 2010 Realtor, Harris Real Estate University Survey * Deficiency Judgments, State by State List | Will You Get A Deficiency Judgment? * Fannie Mae's New Site Aimed … (0 comments)
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tim and julie harris: Housing Double Dip Happening NOW | Real Estate Crash 2.0?
- 06/23/10 10:28 AM
Housing Double-Dip happening now.
Hopefully, you have been reading this blog (and as a HREU Student you have been doing as your coach asks so that you are more than prepared for this new real estate crash.) Realtors: If you need help…enrolled HREU student or not…ask. HREU is 100% committed to doing whatever it takes to help you. Request a free coaching call.
Facts:
* Existing Home sales take a significant unexpected hit. Home sales in the Northeast are down by nearly 20%!
* Current national inventory of nearly 4,000,000 at the time when the banks have reported they ARE … (0 comments)
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tim and julie harris: Who Controls The Real Estate Industry..Has Housing Become "Socialized"?
- 06/15/10 11:19 AM
HREU Students and future students consider this a must read article.
Here are the talking points:
1) Bailing out Fannie Mae and Freddie Mac could cost as much as ONE TRILLION DOLLARS. Here is what one trillion dollars looks like… 1,000,000,000,000. That means that every American man, woman and child has or will contribute between $3-$4,000 towards this bailout.
2) That money is lost…never to be repaid…poof, gone.
3) Fannie and Freddie are now 80% owned by….us…tax payers. (Lucky us)
4) Currently, Fannie Mae and Freddie Mac own (are the ‘investors for’) 53% of the 10.7 Trillion dollar US … (8 comments)
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HARRIS REAL ESTATE UNIVERSITY 2013 Real Estate Industry Predictions.
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