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Advice on Short-Sale Transactions

The Residential Specialist

Experts who worked through The Great Recession of 2008 share how to handle tricky short-sale transactions. With its perfect storm of record-low property values and record-high unemployment, The Great Recession of 2008 triggered a rash of residential short sales. Short sales are not suited to all REALTORS ®.

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Don’t expect a drop in home prices in 2023, NAR economist says

Housing Wire

While elevated mortgage rates, sluggish home sales and high inflation have taken a significant toll on the housing industry, it’s unlikely that these issues will cause home prices to drop next year, at least according to National Association of Realtors (NAR) Chief Economist Lawrence Yun.

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How can servicers best help borrowers as they exit forbearance?

Housing Wire

Hubzu for Signature Seller Assisted Sale (SSAS), standard short sale, foreclosure and ultimately REO management and sales) that can perform well, no matter the volume. TB: First, make sure they are fully staffed and/or building efficiencies internally. Second, ensure they are partnered with great vendors (i.e.,

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Will Forbearance Plans Lead to a Tsunami of Foreclosures?

Keeping Current Matters

Over the last 30 days, several industry experts have weighed in on this subject. Don Layton, Senior Industry Fellow at the Joint Center for Housing Studies of Harvard University : “With a greater cushion of equity, troubled homeowners have dramatically improved options: a greater ability to access funding (e.g. Bottom Line.

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Navigating Real Estate Investments in a Correcting Housing Market

Realty Biz

The housing market is a dynamic and ever-changing landscape. Corrections in the housing market rank among the key factors that significantly impact this industry. Understanding housing market corrections is essential for investors, policymakers, and homeowners alike.

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Weichert REALTORS? Signature Properties Enters Hudson Valley, New York Market

RIS Media

deals mainly in short sales and foreclosures, the new Weichert office will concentrate on luxury properties. She was honored for her work with Westchester Residential Opportunities in 2017. Signature Properties Enters Hudson Valley, New York Market appeared first on RISMedia. While Dorothy Jensen Realty, Inc.

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Berkshire Hathaway HomeServices Expands Its Presence in Charlotte, North Carolina

RIS Media

The brokerage, owned and operated by local industry veterans, Kathleen and Jim Rebhan, specializes in?residential residential and commercial real estate,?relocation relocation services, property management, corporate homes, REO and short-sale transactions. “We