Since buyers are scarce and listings areMarch 10th, 2009
Author: admin
Foreclosures and short sales need to reverse course.
These…are some signs would have to see before call bottom in real estate. Did miss anything? Posted by Jim Crawford Atlanta Real EstateABR EPRO on PM Comments 26 indymac shut down by fed, indymac shuttered, indymac assets seized, indymac fails Georgia Foreclosures Rise 21 to leaving Georgia at the spot in the nation for foreclosures. The news story pointed to somewhat better foreclosures numbers, but neglected to say that Georgia and many other states, had enacted legislation to slow the tide of rising foreclosures.
Atlanta foreclosures, who really needs them? Just when you thought it was safe to go back in the waters! just received broadcast email from some of my friends that the city of Atlanta is ticketing real estate agents for having rundown properties.You know Atlanta foreclosures. Grass debris assume arefair game! Agentsare being hauled into court for having listings that are eyesores. In multifamily units, citations are being written for each individual unit! So…
More news to follow as it appears! News within the last hour on Fannie Mae and Freddie Mac will have immediate access to the Federal Reserve window. The Government will seek approval from Congress to allow the Government to buy into the corporations, have sayin their operations and increase the amount that can beborrowed bythem. Properties appraise for contract price plus. an family building can have citations! Ouch! Sort of likeinsult to injury. The Cityof Altanta wants to keep the city from looking like trash, and the agents are exactly that…just agents, not the owners.
Chuck Schumer DNY News Posted by Jim Crawford Atlanta Real EstateABR EPRO on PM Comments 24 fannie mae and freddie mac rescue, mortgage giants to be supported by us government, bailout Will You Paid for Your Work? This is very interesting real estate market that we are currently in. It is loaded with new news everyday. There are old issues that have not been seensincethe 80s arising.Recently there are loads of stories about agents doing work on short sales and not getting their due on commission. That is one issue.




