Tune in to WINA – 1070 AM – from 4:10 to 4:30 as I will be discussing the housing bailout bill signed the other day .
When we say that print advertising is a means by which to satiate sellers and not an effective way to market a house, will sellers finally take note of the reality of the market? The LA Times’ shuttering / merging of its real estate section is a sign of the times, and one that Realtors and Sellers should recognize (I think that Buyers already know this).
Acknowledge your financial issues (if you’re a builder in this market and say that everything is A-OK and hunky dory you’re most likely delusional or a liar) and encourage buyers to join you in the experience. … In our neighborhood, thereâ€™s a place for all families with townhomes, cottages, and single family homes to suit the family of one or four. (ed. note: what about families of 5+?) … it takes more than building houses to encourage inspiration and confidence.
So far, Washington has put its political capital into trying to refinance salvageable homes for unsalvageable homeowners , when a relevant policy would consist of judiciously buying unsalvageable houses and demolishing them. Fannie and Freddie’s strength is housing market software: They could be put to work devising a least-cost, maximum-bang strategy for demolishing unoccupied homes to preserve as much value as possible for the homeowners and mortgage creditors who remain.