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RealtyResolve.com Great breakdown of how the $75 Billion "Mortgage Relief Plan" is working out in the real world.

Source: money.cnn.com
Some 650,000 troubled borrowers have been put into trial loan modifications under the president's foreclosure rescue plan, the Treasury Department said Tuesday. That number represents 20% of eligible homeowners at least 60 days behind in their payments, according to the Treasury report.
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RealtyResolve.com Even more good news today...

Source: www.bloomberg.com
U.S. home [bn:WBTKR=ETSLTOTL:IND] sales [] increased 11 percent to a two-year high in the third quarter as an $8,000 tax credit for first-time buyers boosted demand.
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RealtyResolve.com It's been an awesome week for Real Estate news! More groundwork being done to streamline future transactions...

Source: www.latimes.com
Reporting from Washington - Remember the bad old days of 11th-hour mortgage cost shocks and mystery junk-fee charges? Remember when the "good-faith estimates" your lender gave you upfront said closing ...
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RealtyResolve.com Our friend Bob Massey got a brand new book out and he’s giving out free copies on his web site www.TheAgentMagnet.com. It’s got tons of strategies you can use right away!

Source: www.theagentmagnet.com
Visit TheAgentMagnet.com to find out more about Bob Massey's can't-miss strategy for real estate investing and making BIG MONEY closing short sale deals!
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RealtyResolve.com GREAT NEWS for Short Sale transactions anywhere: Bank of America is finally getting into the game instead of stonewalling...

Source: www.huliq.com
Bank of America, widely recognized as the most uncooperative lender in short sale negotiations, has recently partnered with California-based Equator (REOTrans) to electronically process short sale transactions.
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RealtyResolve.com NAR takes a long-overdue step to modernize their database and provide their Realtors with 21st Century tools...

Source: www.marketwire.com
WASHINGTON, DC--(Marketwire - November 9, 2009) - The National Association of Realtors® has acquired technology to create a database of all properties in the U.S. so Realtors® can better assist consumers in a high-tech, fast-paced business world. ...
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RealtyResolve.com Even more good news: a look at how one of the worst ghetto areas in US history got turned into a quiet, prosperous residential neighborhood. Inspiring stuff!

Source: money.cnn.com
Charlotte Street was an apocalyptic nightmare version of urban life. Weed-choked, junk-filled lots flanked the three-block stretch. Burned out tenement buildings punctuated the sky, and abandoned cars littered the landscape.
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RealtyResolve.com Something positive to start your Monday morning off....

Source: www.msnbc.msn.com
Signed contracts to buy previously occupied U.S. homes rose for the eighth straight month in September as buyers scrambled to take advantage of a tax credit for first-time buyers.
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RealtyResolve.com Very well-written article breaking down what that extended tax credit means at the consumer level.

Source: features.csmonitor.com
Jose Rodriguez of Lodi works on the concrete foundation of a home at Westshore new home community in Sacraamento. California homebuilders, buoyed by the demand for an $8,000 homebuyer tax credit that began in March. ...
Keith
Keith
Wanna make my day; let me use the $6,500 tax credit towards a foreclosure or lis pendum home.
November 6 at 11:48am
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RealtyResolve.com Very interesting infographics from Flowing Data (good blog to follow!) -- see the entire national unemployment situation at a glance.

Source: flowingdata.com
The Bureau of Labor Statistics released the most recent unemployment numbers last week. Things aren't looking good for the unemployed, I'm afraid.
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RealtyResolve.com This will be a BIG change: Fannie Mae is offering underwater homeowners a new way out...

Source: online.wsj.com
Fannie Mae will allow homeowners facing foreclosure to stay in their homes and rent them for up to one year in a new program to help troubled borrowers.
Keith
Keith
Hmmm..Interesting. Just enough to cover the home taxes, I guess.
November 6 at 9:24am
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RealtyResolve.com New Realty Resolve testimonial from Jason Chen! Find out how we're making real people serious money...

Source: www.viddler.com
Realty Resolve Testimonials Jason Chen
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RealtyResolve.com It's great that the government is extending the tax break!!

Source: www.msnbc.msn.com
Senators have agreed to extend a popular tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers.
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RealtyResolve.com Business Week's cover article today is about the radical changes in the Real Estate market -- great writing, and best of all, great infographics!

Source: bit.ly
Unrealistic assumptions, layers of investors, sky-high prices, and possible fraud will make it hard to clean up the mess in commercial real estate.
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