June 1 2009 Carnival of Real Estate is Here!

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Welcome to the June 1, 2009 edition of carnival of real estate.

A lot of people like reading Top 10 lists and I was intending to do a Top 10 list, however this week I didn’t feel like there were 10 submissions worth sharing with you all so here is my:

Top 9 Post Submissions

#1 – Reminding us that real estate is always local and showing us why
Tallahassee Real Estate presents Killearn Lakes Unit 1 Home Prices Holding posted at Tallahassee Real Estate Blog, saying, “A classic example of why most real estate reports are flawed. They lead you to believe that prices are going up or prices are going down, solely based upon the movement of the average sales price. This article shows why it is possible for the average home price to go up, while real home values are dropping.”

#2 – A variation on the same theme
Danilo Bogdnaovic presents Best Condo Investment Opportunities in Loudoun, Fairfax County posted at Loudoun Foreclosures, saying, “Though this post is hyper-local, the reasoning/logic behind it holds true throughout the US and should be considered by all agents and real estate investors (imho).”

#3 – Multiple offers are everywhere today (at least in my market) and we all need to bone up on our sales skills
Dan Melson presents I’m Competing Against Multiple Offers. How Do I Proceed? posted at Searchlight Crusade.

#4 – I too have many objections to Case-Shiller… check out my association’s data for some examples of better info: 1, 2, 3, 4, 5
Dan Green presents Why The March 2009 Case-Shiller Home Price Index Is Good News For Housing posted at The Mortgage Reports, saying, “To economists, the Case-Shiller Index is helpful. To homeowners, it’s almost worthless.”

#5 – Foreclosures impact many families… each house foreclosed means a family affected
Donna Johnston presents “Mommie are we going to have to move?” posted at Talk Charlotte Real Estate Blog, saying, “This hits me right in my heart.”

#6 – This is a little bit of a “duh” post but hey…
Jim Reppond presents What social networks are agents marketing on? posted at The Seattle Specialist, saying, “Internal Top Producer poll that suggests most agents are now using social media to promote their listings – especially Facebook.”

#7 – MI is deductible but sometimes there are better options
NetBiz presents How To Avoid Paying PMI (Private Mortgage Insurance) posted at Your Finish Rich Plan, saying, “List of ways you can void paying for PMI, thus lowering your monthly mortgage payments”

#8 – Green building is increasing in my market, how about yours?
Mark Donovan presents Definition Green Building Product posted at HomeAdditionPlus, saying, “Green home building is a phrase that is often overused and misunderstood. In this article Mark Donovan discusses the process of assessing whether or not a green home building product is truly green for your particular green custom home building project.”

#9 – There’s a sucker refinanced every minute…
nickel presents Beware the “No-Cost” Mortgage Refinance posted at fivecentnickel.com.

 

That concludes this edition. Submit your blog article to the next edition of carnival of real estate using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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Carnival of Real Estate Makes Another Visit

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Welcome to the 91st edition of The Carnival of Real Estate. This is my 2nd time hosting the carnival and I think there’s some good articles in this week’s carnival but I couldn’t pick one that stood out from the others… I suggest you browse them all.

From 20+ posts I’ve whittled it down to 9 that I think are worth your time.  To be honest, the spam posts were much higher this year over last… it is a shame that such a great tool is taken advantage of by so many. Maybe we should figure out a way to block repeat junk posters?  There was also some submissions that were so location-specific or minuscule in subject that they just did not make good candidates for a national blog carnival.

Trevor Mauch presents Marketing To Pre-Foreclosures – Why Most People See ZERO Results? posted at Real Estate Investing Brain. This article explains how mailing to pre-foreclosures is a numbers game… you have to be in front of them not once, but many times to get the point across… not unlike farming a neighborhood.

TerryT2 presents Negotiation Tactics and Tricks posted at Actual Real Estate Profits. A good list of tricks to employ or defend yourself against.

Sagar Satapathy presents The Foreclosure Investor’s Cheat Sheet: 100 Useful Web Resources posted at International Listings Blog. A good list of web sites for reference… several of which I bookmarked.

Ken Haedrich presents The Whole World is Waiting for Ourselves posted at Annapolis Home Digest. I have to agree Ken… I feel you on this 100%.

MoneyNing presents Right Time to Buy a House? posted at Money Ning. I get this question a lot too and if you look at the comments, they run the gamut of responses.

Debt Freedom Fighter presents Home Equity Loans: Why They Don’t Make Sense as Part of Debt Reduction Plans posted at Discover Debt Freedom!. Seems obvious to me, but I know a lot of people who get trapped by this.

Dan Melson presents A Good Listing Agent’s Most Important Responsibility posted at Searchlight Crusade. Yep, Dan’s right on the money with this.

Tim Soper presents “Walk Away” Foreclosures Sign Of Times? posted at Will & Grundy County IL Real Estate Report. I see this trend too… it’s disgusting. Maybe we need teacher unions that invested heavily in CDO’s to do a course on “responsible borrowing” and teach little Johnny & Jill to go home and tell their parents to own up to their responsibilities….

Joe Manausa presents Short Sale Advice posted at Tallahassee Real Estate Blog. Some good tips from Joe on how to be prepared for a short sale and what to expect.

That concludes this edition. Submit your blog article to the next edition of carnival of real estate using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.  Thanks for stopping by!

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