Monthly Archives: January 2011

What’s With All the “NEW” Sales?

Posted on January 27, 2011 by gatearty

So you hear a lot of bad news about real estate so it’s a good thing you have me around to give you some positive stats from time to time. According to the Commerce Department, month-to-month new home sales surged … Continue reading →

Posted in mortgage, new home construction, real estate sales | Leave a comment

Google Getting out of Real Estate?

Posted on January 27, 2011 by gatearty

Starting February 10th, Google will be getting out of the real estate business . . . kind of. Google announced that they will remove real estate listings from its popular Google Maps function. Google contends that the real estate listing … Continue reading →

Posted in Uncategorized | Leave a comment

What’s Lurking in the Shadows?

Posted on January 25, 2011 by gatearty

There is a healthy amount of real estate inventory currently on the market right now, but you may have heard media outlets refer to a “shadow inventory” that is still looming. What is shadow inventory? It represents the properties whose … Continue reading →

Posted in bank, finance, foreclosure, loan modification, mortgage | 1 Comment

What is a “FLIP” You Ask?

Posted on January 21, 2011 by gatearty

Some of you may have heard the term “flip” used before in real estate discussions. What is a flip? A classic real-estate flip involves the quick resale of a property at a significantly higher price than the purchaser paid. Typically … Continue reading →

Posted in down payment, FHA, finance, foreclosure, investing, mortgage, real estate investing | 2 Comments

Life is Better When you Own, Apparently.

Posted on January 21, 2011 by gatearty

Recently, the National Association of Realtors conducted an on-line survey, & the findings were rather interesting. Nearly 4,000 adults were surveyed. The results were as follows: Most adults still feel that over a period of several years in our current … Continue reading →

Posted in National Association of Realtors | 1 Comment

The FINAL 2010 Foreclosure Summary

Posted on January 18, 2011 by gatearty

2010 was not a banner year for the real estate market as a whole, but at least it wasn’t record-breaking bad, right? Well maybe it was, but just barely. Over 1,000,000 people lost their homes in 2010. There were nearly … Continue reading →

Posted in bank, florida, foreclosure | 1 Comment

Down Payment Assistance is Fashionable Again?

Posted on January 14, 2011 by gatearty

There are an increasing number of state and local governments nationwide that are now offering down payment assistance programs, grants, or low-interest & no-interest loans to first-time buyers or those who haven’t owned a house in a few years. There … Continue reading →

Posted in down payment, finance, HUD, mortgage | 4 Comments

Foreclosure Forecast 2011

Posted on January 13, 2011 by gatearty

Foreclosure rates are expected to increase in 2011, after a brief dip in activity at the close of 2010. What prompted the temporary dip? Some lenders put foreclosure on stand-by due to the holidays, but mostly it was a by-product … Continue reading →

Posted in foreclosure, real estate investing | 1 Comment