Real Estate Today 9-17-2012

17 Sep

Agents Only: I came across an article that really caught my interest and I’m just dying for lots of agent feedback on this one.  Take a look at the lead article today and after hearing the author make her case, tell me: Is it critical that you have IDX listings on your website?  If you do a whole lot of other great marketing outside of your website, I think she makes a pretty compelling case.  Or not?  I’m not an agent and would love your feedback.

Listing search of diminishing value for agent websites
Inman News | September 13, 2012
There was a time when having a place on my website where homebuyers could search for homes for sale in my market was important, maybe even essential, for lead generation.  But is that as true today? Doesn’t everyone have listings on their websites?

The Seven Deadly Sins of Real Estate Investing
Business Insider | September 10, 2012
Ok, maybe they aren’t physically deadly – but they are possibly catastrophic to your business. If you are concerned about the health of your investments, make sure to steer clear from these seven sins.  (Great points made here for any real estate investor – veteran or novice. ~Anthony)

Loan to Help Firm Buy Foreclosed Homes
The Wall Street Journal | September 16, 2012
Waypoint Real Estate, a major investor in foreclosed homes, has secured a $65 million loan from Citigroup to help add to its portfolio of properties.

GSEs Ease Mortgage Buyback Rules on HARP
HousingWire | September 14, 2012
Fannie Mae and Freddie Mac eased some guidelines for lenders refinancing mortgages, including new relief from buying back the loan, according to an alert sent to lenders.

A Condo Was Sold, Until It Wasn’t
The New York Times | September 15, 2012
Horror stories abound across Foreclosure Nation. But once in a while, a new one comes along to remind us just how dysfunctional our mortgage market is. (While this story is amazing, what is more amazing is it’s not that unusual!  Short sales can be a minefield. ~Anthony)

Consumer Bureau Chief: We Don’t Want To ‘Freeze’ Mortgage Lending
The Wall Street Journal | September 14, 2012
Under pressure to craft new mortgage-lending standards by January, a new consumer regulator says he is taking time to make sure those regulations don’t make it more difficult for consumers to buy homes.

4 Errors Home Shoppers Should Avoid
RealtorMag | September 14, 2012
Real estate professionals say they keep seeing buyers make the same mistakes over and over again in a home purchase.  (Great advice here for any buyer. ~Anthony)

Fannie Mae moving REO management in-house
HousingWire | September 17, 2012
The use of third parties to help Fannie Mae sell its REO properties is coming to an end. Fannie Mae notified remaining vendors that the government-sponsored enterprise will transition all REO sales work completely to Fannie Mae’s in-house teams over the course of the next several months. 

Stewart Title Spokane Facebook Page   Real Estate Today

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Posted by on September 17, 2012 in Real Estate news


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