I have a question for you… Are YOU buying real estate? If not, why? Aside from the financial inability, is there another reason why you aren’t buying now? Tens of thousands of you visit this blog every month. We have one of the largest audiences of REALTOR readers of any real estate focused web site. If you are selling real estate and not BUYING now…share with the other readers why not. Here is another great CNBC video from the Great Diana Olick about investors buying condos in Florida. Click Here To View More
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How bad is the current housing over supply problem…? What we know: 1) National Association of Realtors reports that there is a 8 month supply of homes for sale….remember, that is accounting for only the homes currently for sale. 2) There are 50,000,000 homeowners with a mortgage. Its expected that 40% of all those owners will be underwater this year. 3) The continued deterioration in home values combined with the current over stock results in…wait for it…a 5 year supply of homes/ inventory. That staggering number takes into account ALL categories of distressed homes that must be sold. REOs and […] Click Here To View More
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Top 11 Ways to Keep a Positive Mental Mindset In the Chinese language, the symbols for the word “crisis” are translated as “Opportunity Riding on the Dangerous Wind.” In other words, crisis and opportunity are synonymous. Learning to persist and respond effectively through a crisis is the essence of personal growth. To avoid becoming distracted, depressed or frustrated, follow these 11 steps and take control of your future: 1. Stop brewing and start doing. Action is one of the best methods of overcoming stagnation. Walking, running, speaking with people, learning something new…ACTION is the best cure for inaction. 2. Remember […] Click Here To View More
Breaking Real Estate News, National Real Estate News & Comment, Real Estate Coaching & Market News, Scripts, Tim & Julie Present – #1 real estate coach, #1 realtor coach, 2011 real estate predictions, bpo assignments, distressed property designation, Federal Reserve System, How To List REO’s, national association of realtors, real estate market news
Daily Real Estate News update from CNBC. Talking points: * NAR revised the ‘pending home sales’ data DOWN..2.8% for Jan and 1.5% year over year. This is an important statistic to follow because its a clear indication what direction the market is headed. Few pendings = fewer closings = more price drops = more underwater owners = more distressed sellers who will need to see via a short sale to avoid a foreclosure. Watch the FREE Agent Short Sale Secrets video and download the FREE Short Sale training guide now. * Fannie Mae reports results from a recent survey: 64% […] Click Here To View More
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I remember the first time Julie and I were introduced at a large national real estate conference as ‘Published Authors’. “Introducing Tim and Julie Harris, Authors of the best selling book..’0 to 10 Million In One Year”. The audience gasped. In the eyes of those in the audience we were immediately seen on a higher plane. You see, the public sees people who have written and published a book as the ‘Expert’. Watch the video now to learn about how to become our co-author. NOTICE: Use discount code ‘coathor’ for 50%+ discount. Once you have established yourself as the expert you will […] Click Here To View More
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More breaking housing news..from CNBC. The headline HREU students (and future students) need to pay attention to: * Distressed home sales continue to dominate……49.6% of ALL SALES IN THE US were ‘distressed’ * Home prices fall another 4.1%. Click Here To View More
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What is interesting about this article isn’t the fact that so many foreclosures in Nevada are strategic….what is interesting is the fact that the Nevada Association of Realtors is doing the reporting. Most boards of Realtors have been downplaying the number of underwater owners choosing to strategically default for fear that the ‘contagion’ would spread. Fact is, underwater owners are walking away regardless of a Realtors participation let alone consent. For smart agents, the strategic default movement as an opportunity. Understand that underwater distressed owners who are considering a strategic foreclosure would be far better served if they were to […] Click Here To View More
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This is an interview Julie and I did with Real Estate Industry Watch almost exactly a year ago. I am sharing it with you now as a virtual mile marker in time. About a year ago we were making predictions that short sales would dominate and values would continue to decline. We were ridiculed by many for being overly pessimistic. The last 12 months proved our predictions to be correct. Here is the interview we did in early 2010: (If you would like to know what will happen in 2011…and 2012..read this) Interviewers note: I really enjoy meeting new people […] Click Here To View More
Breaking Real Estate News, National Real Estate News & Comment, Q&A, Real Estate Coaching & Market News, Tim & Julie Present – #1 real estate coach, #1 realtor coach, 2011 real estate predictions, bpo assignments, harris real estate university, Harris Realtor Coaching, national association of realtors, real estate market news, REO listing agent, Short Sale Training
Real Estate News Alert Fellow Realtors, in case you didn’t know it…..obtaining a mortgage is about to become significantly more difficult. Here is whwith Tim and Julie Harris expects to happen: * GSE (Fannie and Freddie) Market share to reduce from 95% to 40%. Think about that for a moment. When was the last time you had a buyer who DIDN’T use Fannie or Freddie for their mortgage. * Reduce the GSE Loan Limit. The loan limit is $729,750 in the most expensive areas in the US. Expect the max loan limit to become no greater than $429,750. * Increase […] Click Here To View More
Breaking Real Estate News, Financing, National Real Estate News & Comment, Real Estate Coaching & Market News – #1 real estate coach, #1 realtor coach, 2011 real estate predictions, bank of america short sale, bpo assignments, bpo forms, harris real estate university, How To List REO’s, HREU, real estate market news, real estate university, tim harris
What has happend to the (so-called) American Dream of homeownership? If the statistics in this article are accurate, we are in the midst of a huge social shift away from homeowner-ship. Being an ‘owner’ had been an adult rite of passage. Now, owning a home is something that is purely optional. Lets be honest, renters for a long time have been seen as second class citizens. There has been almost 2 classes of Americans..owners and renters. But, what happens when members of the ‘owner-class’ themselves are forced to become renters because they ‘lost their homes to foreclosure’. What happens when […] Click Here To View More
Breaking Real Estate News, Financing, National Real Estate News & Comment, Real Estate Coaching & Market News – #1 real estate coach, 2011 real estate predictions, bpo assignments, fannie mae, foreclosure listings, hafa forms, hafa short sale, harris real estate university, How To List REO’s, HREU, real estate market news, tim and julie harris
Join Tim and Julie Harris of Tim and Julie Harris for this week’s Superstar Interview, Real Estate Training event. Topic: 10 Laws of Success for this Market. Listen NOW to the FREE Replay..click this link: http://InstantTeleseminar.com/?eventid=17339457 Outline for you to use when listening to this free training event: Tim and Julie Harris 10 Laws of Success LAW #1: Always Start with the end in mind. Do what matters most first. Follow a schedule which reflects dollar productive activity. In real estate, this includes: Lead Generation, Lead Follow Up, Prequalifying, Presenting, Negotiating, Closing. Lather, Rinse, Repeat! LAW #2: Maintain a mindset […] Click Here To View More
Breaking Real Estate News, Real Estate Coaching & Market News, Superstar Interviews, Tim & Julie Present – #1 real estate coach, #1 realtor coach, 2011 real estate predictions, bank of america short sale, HREU, national association of realtors, real estate market news, REO listing agent, Short Sale Training
Interesting video just sent to me from a HREU Student.. Yes, some of the facts and opinions in this video are not correct…but, the overall theme merits conversation. As you will soon learn, she is absolutely correct that the government seems to have lost focus on housing. I am hearing more and more politicians claiming our economy can fully recover without housing recovering. In other words, there seems to be significant housing burnout in Washington D.C. Did President Obama even mention the word…housing…in his speech last week? I know there is a significant segment of the real estate community that […] Click Here To View More
Breaking Real Estate News, National Real Estate News & Comment, Real Estate Coaching & Market News – #1 real estate coach, 2011 real estate predictions, bpo assignments, bpo forms, harris real estate university, national association of realtors, real estate market news, real estate university
WHO (or what) caused this Great Housing Crash…. ….we ask you, who is to blame? What follows is an article that incapsulates my evolution of thinking about the ‘foreclosure crisis’. Had you ask me years ago if someone should ever consider a strategic default (or strategic short sale) I would of said…”you made the decision to take on the responsibility of that mortgage…now, man (or woman) up and deal with the ramifications…you have a moral obligation”. I am guessing if you are 35 years old and from the mid-west your mindset was (or maybe still is) the same. What has […] Click Here To View More
Breaking Real Estate News, National Real Estate News & Comment, Real Estate Coaching & Market News, real estate training short sale – #1 real estate coach, #1 realtor coach, 2011 real estate predictions, bpo assignments, bpo forms training, distressed property, fannie mae, Federal Reserve System, foreclosure, freddie mac, hafa forms, harris real estate, harris real estate university, How To List REO’s, real estate market news, real estate training, short sale designation
Join us for this week’s FREE Tim and Julie Harris Superstar Interview. As HREU Students know, we have been a long time supporter of Titanium. Matter of fact, one of the first 2-dos that every new student is assigned is to become a Titanium HRC (Home Retention Counselor). Titanium has been on the leading edge of the real estate crisis often times as the official boots on the street for major servicers. This week’s HREU Superstar is Joel Ramirez. Joel works within Titanium in their short sale division. He is going to share with us some of the tips and […] Click Here To View More
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We live in Vegas…and can tell you first hand that there is a lot of..ugly…in Vegas. The real estate boom has left parts of Vegas looking like a scene out of the apocalyptical file..2012. Seriously, if those wacky Mayans were right…and December 21 2012 is game over for our our species..come to Vegas to get a sneak peek what it will look like. And yet..it IS a great place to buy real estate. Why? Because Vegas IS Vegas. Eventually Las Vegas will rise from the ashes and regain its luster. Its not a matter of IF this will happen but, […] Click Here To View More
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Amherst Mortgage Securities released a very dire warning…something we all need to pay attention to: Without more governmental intervention, 11.5 million borrowers would be in danger of losing their homes. They make the under stated point that “the housing overhang is not caused solely by the number of non-performing loans that exist in the market. The problem also includes the high rates at which re-performing loans are re-defaulting.” Translated: The loan mods and other ‘extend and pretend’ measures are not working and will never work…here is why…the high rate at which “deeply underwater loans that have never been delinquent are […] Click Here To View More
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Hi Julie, Business has been really slow (ed: over the holidays) which gave me the opportunity to do some of the other business building/ lead generation tools you recommend on your website. I spent some time contacting as many local news agencies, newspapers and local news blogs and reached out to see if they would be interested in hearing about my business. The effort paid off! I was just featured on the front page of the business section of our newspaper with one of a 2 part series. This is someone else saying I am the area short sale expert, not […] Click Here To View More
Breaking Real Estate News – #1 real estate coach, #1 realtor coach, 2011 real estate predictions, bpo assignments, fannie mae, Federal Reserve System, harris real estate university, HREU, real estate market news, reo-foreclosure, short sale, tim harris
New data shows mortgage rates are creeping up across the board at the biggest leading lenders, reports CNBC’s Diana Olick. Jonathan Litt, of Land & Buildings, discusses this trend and where in real estate you should put your money. Click Here To View More
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Trulia.com (www.trulia.com), a top site for homebuyers, sellers and renters, and RealtyTrac (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released the latest results of an ongoing survey tracking homebuyers’ attitudes toward foreclosed homes. Results of the survey conducted online from November 2-4, 2010 by Harris Interactive® on behalf on Trulia and RealtyTrac showed that Americans continue to grapple with uncertainty about the housing market, with 58 percent of U.S. adults expecting recovery to take at least another two years. As a result of the recent robo-signing debacle, half of U.S. adults expressed that they now have less faith in mortgage lenders, […] Click Here To View More
Breaking Real Estate News – #1 real estate coach, #1 realtor coach, 2011 real estate predictions, bpo assignments, bpo forms training, fannie mae, national association of realtors, real estate market news, short sale, Short Sale Training
The national focus has temporarily turned away from the real estate crisis. People seem to have gone from shock and awe to complacency.. We expect all of that to change very soon….new reports being released that are giving a very clear window into what will happen next for housing. Here are excerpts from an article from The New York Times: The country’s real estate problems are “underappreciated,” and banks could face another $1 trillion in housing-related losses, Mr. Roubini said in a phone interview with DealBook on Monday. At the same time, he played down the issues in Ireland, Greece, […] Click Here To View More
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