Keith Davis | February 28, 2009
Originally Published February 1, 2009
I was reading The Bubble Blog as I do most days, and as normal there were various comments that readers made that I thought were interesting, insightful, and sometimes spot on. But there are also the comments that make me think for a while and say, “Why?” In general, readers of [...]
Category: Charlottesville, Pricing, Real Estate, Selling |
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Tags: Bubble, Bubble Blog, Charlottesville, Foreclosure, Median Prices, Pricing, Sales, Short Sale, Trends, Value, virginia
Keith Davis | February 27, 2009
Originally Posted October 9, 2008
Seeing as we as taxpayers now have access to $700 Billion of federal money to play with in the mortgage market, I thought it would be irresponsible of me if I did not put forth a legitimate plan for what to do with this money. Yes it involves restructuring debt loads, [...]
Category: Mortgages, Real Estate |
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Tags: Foreclosure, Politics, Short Sale, TARP, Tax Credit
Keith Davis | February 26, 2009
Originally Published July 7, 2008
As I reported last week, there were a total of 14 short sales listed for sale out of 3,687 listings as of last week. I found it interesting to see that today, the National Association of Realtors projected that out of the projected 4.99 million existing home sales that will take [...]
Category: Pricing, Real Estate, Sales Data |
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Tags: Foreclosure, NAR, Short Sale
Keith Davis | February 26, 2009
Originally Published July 2, 2008
To the rest of the financial world, selling short refers to the act of selling shares of stock that one doesn’t own, in hopes that the price will drop, and being able to purchase those shares later for less. But, as with most things real estate related, a short sale has [...]
Category: Buying, Charlottesville, Financial Analysis, Mortgages, Pricing, Real Estate, Selling |
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Tags: Finance, Foreclosure, Short Sale
Keith Davis | February 26, 2009
Originally Published June 19, 2008
I can’t tell you how many buyers ask “so what percentage of asking price should we offer in this market?” Not just now when the market is slow, but always. This is one of those buyer questions that everyone hears all the time. It goes along with “What home is going [...]
Category: Buying, Negotiating, Real Estate, Selling |
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Tags: Foreclosure, Lowball, Short Sale