REOi Update: Housing inventory up in August as prices go down

Email not displaying correctly? View it in your browser. September 14, 2010 Housing inventory up in August as prices go down: Altos by Austin Kilgore     September 14, 2010  2:35 PM Asking prices for houses are dropping in major metropolitan markets, but buyers aren't snatching up homes, so inventory is continuing to increase, according to the Altos Research. Servicing and foreclosure litigation rises in second quarter by Austin Kilgore     September 14, 2010  11:36 AM Mortgage servicing-related regulatory litigation doubled from the first quarter to the second quarter of 2010, while foreclosure-related litigation declined 12% during the same time, according to the latest readings of a litigation index. Orlando home sales rise, but prices continue to slide: ORRA by Kerry Curry     September 14, 2010  9:39 AM Homes sales in August rose nearly 11% in the Orlando metro area over the year-ago period but housing prices in the market, dominated by REOs and short sales, continued to slide, according to the Orlando Regional Realtor Association (ORRA). Making the most out of short sales by Austin Kilgore September 14, 2010  2:39 PM Short sales seem to be on everyone's minds these days, and the debate over how effective the technique is as a loss mitigation strategy has only intensified.     What's the longest it's taken to get a short sale done? Join the conversation Broker's best friend One of the most highly sought-after and elusive opportunities for REO brokers is the chance to list and sell Freddie Mac-owned REO. Only the best of the best make the cut, and the woman that controls access to the network is Sharon Bartlett, supplier services unit manager for HomeSteps, Freddie Mac's REO sales division. Bartlett and her team seek out, interview, train and manage performance of HomeSteps brokers. If you've ever been to an REO industry event, there's a good chance you've seen Bartlett and her team, with a mob of brokers vying for even the briefest moment of face time.     Learn More     REO Insider Daily Update Publisher: Paul Jackson Editor: Kerry Curry 469-893-1516 Associate Editor: Austin Kilgore 469-893-1504 News Reporter: Jon Prior 469-893-1505 You are receiving this email because you opted in at our website at www.reo-insider.com to receive this daily email update. If this email has been forwarded to you, please visit REOi.com to subscribe.   REO Insider 2701 Dallas Parkway Suite 200 Plano, Texas 75093 Phone: Any reprints or other use of these articles in whole or in substantial part, in any medium, requires advance written permission from The LTV Group. For reprint information on stories in the REO Insider Daily Update, please contact Matthew Hardisty at 469-893-1508. Some links may require registration or subscription. The LTV Group is not affiliated with the referenced publications.     About Media Kit Privacy Terms of Use HousingWire Distressed Asset Directory REO Expo 2010 HW Focus Open Door Institute Subscribe Now Copyright © 2010 The LTV Group. All rights reserved.

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Robert Alley
KW Commercial and Residential
434-975-9000
434-220-2200
roballeyrealtor@gmail.com
www.charlottesvilleshortsale.com
 
Keller Williams | 1885 Seminole Trail| Charlottesville, VA 22901
 
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