Shared by Vijay Raja
---------------------------------------------------------
Shared by Vijay Raja
----------------------------------------------------
Nat'l Real Estate Post:
The Supreme Court has decided to hear the case of recess appointments which were done by the President when Congress was technically not in recess. This means that the CFPB appointment of Richard Cordray may not be legal. This means that all the work he has done to put more regulation on the mortgage industry may be going out the window.
---------------------------------------------------
Chasing Excellence with Rick Floyd:
Twenty-five habits of Highly Successful People chapter 5: Listen, Learn and Lead. Listen first, learn second and then you can lead. Ask the right questions, learn about each customer and connect them to others who can fill needs in other areas of their lives. This will give you more referrals and more business.
------------------------------------------------
Nat'l Real Estate Post:
In the month of June, credit became more available due to interest rates rising. As interest rates rise, qualified buyers under present rules become less available. Therefore in order to get more loans, the rules for underwriting must be relaxed and that is just what is starting to happen. This should continue as interest rise and refi's decrease.
Foreclosures are down by 29% from last year. As foreclosures decrease prices rise. Expect more bottlenecks, multiple offers pushing prices up.
----------------------------------------------
Shared by Jeffery L. Carter
-----------------------------------------------------
Shared by Rob Burns
---------------------------------------------
Jill Pierce is Team Leader for RealEstateAuctions.com
No comments:
Post a Comment