What Real Estate Agents Do for Buyers.


This article from Fox Business points out the role that real estate agents play in today’s market. While many buyers are likely to utilize the internet today for purposes of doing the preliminary work of searching for homes and gathering information on the recent sales and characteristics of certain neighborhoods, the real estate agent’s role … More What Real Estate Agents Do for Buyers.

Will my home’s value fall without a debt-ceiling deal?


 In the past, whenever spending outpaced revenue, Congress has agreed to raise the debt ceiling. Although it is likely that this will be agreed to again by the August 2nd deadline, most economists have indicated that if they are at an impass at that time, home values will likely decline and mortgage rates will likely … More Will my home’s value fall without a debt-ceiling deal?

Condos Demand More Paperwork From Buyers.


Many condo boards are now requiring potential buyers to complete lengthy applications and submit more documentation in order to become an owner. According to this NY Times article, the downturn in the economy has left boards extremely cautious when allowing someone into the building. Although the board does not have the right to reject the … More Condos Demand More Paperwork From Buyers.

Post-bubble buyers more likely to overprice home.


People who bought their homes after the housing bubble burst are more likely to have an unrealistic view of their home’s worth than those who bought before the housing downturn, according to a report released by Zillow this week. In this article from CBS Moneywatch.com, it is pointed out that many  who bought their homes … More Post-bubble buyers more likely to overprice home.

Social Networking Gone Wild: Foreclosure via Facebook.


 Courts in both Australia and England have already ruled that lenders may serve legal notices on borrowers who are in default of their mortgages online using Facebook. According to this Businessweek article, the U.S. may not be far behind in using social media sites to serve legal notices to signal the commencement of a foreclosure proceeding. … More Social Networking Gone Wild: Foreclosure via Facebook.