Wednesday, May 18, 2011

The 5 Most Common Complaints of Short Sale and REO Buyers (and How to Avoid Them)

Roughly forty percent of the homes for sale on today’s market are short sales and foreclosures! Distressed properties are well known for their value (a reputation which is sometimes accurate, and sometimes not), but they also have a reputation for causing buyers to become distressed, too!

Transactional snafus, last-minute surprises and long, drawn-out escrows that never close seem to be par for the course. Instead of avoiding these properties altogether, get educated about the most common dramas that go down in these deals, and how you can avoid falling victim.

Real Trends 500 Report

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Wednesday, May 4, 2011

National Association of Realtors reveals cheapest home prices among national cities

Monday, May 2 2011 - By Landon Myers




Detroit labeled NAR's cheapest city to buy a home in. For people considering moving, yet another study has been released indicating the current real estate industry is a buyer's market.

Realtor Mag, the official magazine of the National Association of Realtors, recently unveiled a comprehensive list of housing data from 146 metropolitan areas. Of those markets, NAR narrowed its list down to the five cities where home prices come cheap.