RealtyTrac reports Florida foreclosures declining

RealtyTrac released its 2015 Year-End U.S. Foreclosure Market Report January 14, finding foreclosures at a nine-year low. Florida saw a decrease in foreclosure activity by 22.53 percent annually in 2015, and it was a 67.08 percent decrease from the 201…

RealtyTrac reports Caifornia foreclosures declining

RealtyTrac released its 2015 Year-End U.S. Foreclosure Market Report January 14, finding foreclosures at a nine-year low. California saw a decrease in foreclosure activity by 14.66 percent annually in 2015, and it was an 83.05 percent decrease from the…

RealtyTrac reports Illinois foreclosures declining

RealtyTrac released its 2015 Year-End U.S. Foreclosure Market Report January 14, finding foreclosures at a nine-year low. Chicago was ranked the no. 14 major metro area out of the top 20 for foreclosure rates. …

RealtyTrac reports DC foreclosures on the rise

RealtyTrac released its 2015 Year-End U.S. Foreclosure Market Report January 14, finding foreclosures at a nine-year low. The District of Columbia saw an increase in foreclosure activity by 63.85 percent annually in 2015, but it was a 83.79 percent dec…

RealtyTrac reports Texas foreclosures on the rise

RealtyTrac released its 2015 Year-End U.S. Foreclosure Market Report January 14, finding foreclosures at a nine-year low. RealtyTrac VP Daren Blomquist says that the increase in foreclosures in Texas is impacted by the local economic problems, especial…

Gloating after negotiation might feel good, but it’s a bad business move

Have you ever negotiated with someone who keeps gloating over their victories? It makes you want to get even, doesn’t it? If they feel they did so well, it makes you feel that you didn’t do well enough. So, you try to get something from them …

Boomerang buyers: Recovery or bubble repeat?

The housing story of Joann and Oscar Flores over the past 13 years is one of a rollercoaster relationship with homeownership — closely shadowing the ups and downs of the US real estate market during the same period …

Now’s the time to pounce on shadow buyers, cheap leads

Year-end is a great time to determine what strategies worked, what tech and apps you need to upgrade, and what changes you would like to make in your business for 2015. It’s also important to identify what parts of your business increased your profitability, as well as any money wasters that need to be dropped …

Experienced agents needed on both sides of a distressed property transaction

A complaint I often hear since the housing downturn is how difficult some REO brokers are to deal with. They are unresponsive, unhelpful, uncommunicative and difficult to transact business with. I’ll be the first to agree that some REO agents …

First-time homebuyer inventory is still underwater

Homes that are affordable to first-time homebuyers are more likely to be underwater than homes in higher price ranges, exacerbating inventory shortages in many markets because their owners are unwilling or unable to pull off a short sale or bring …