News Flash: Yardi Systems acquires Point2

NEWS FLASH

Yardi Systems acquires Point2 A major player in the online collection and distribution of real estate listings information is under new ownership -- the second such deal in as many weeks. Yardi Systems, a real estate investment and property management software company based in Goleta, Calif., has acquired Saskatoon, Canada-based Point2 Technology Inc., a software company specializing in the distribution of property information and other tools and services for the residential real estate and heavy equipment industries. Financial terms of the deal were not disclosed. Read full story here. ADVERTISEMENT LAST DAY TO SAVE $500! Real Estate Connect Celebrates its 15th Anniversary in NYC – Register by Midnight Tonight and take part in our biggest promotion yet, $500 off the new Premium Package. January 12-14 at the Marriott Marquis in Times Square. Register Today!

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Only Four Stops Left on Inman News' 2010 Agent Reboot Tour - Chicago, Boston, Ft. Lauderdale & D.C.

Find Out What the Buzz is All About Featuring world-class speakers and exhibitors, Inman News' Agent Reboot conference has been helping local agents across the country "reboot" their sales with the latest marketing strategies and tech tools. It's a high energy, power-packed program that will have an immediate impact on how you market and sell your listings. Just check out what a few recent attendees have to say about their experience: "What a great day! In the first half hour, I got my money's worth. It'll take at least a month to process all the information, but I have already put 5 into action." "The quality of the speakers was outstanding and the information was dense, chewy and very actionable." "Almost every presenter gave tools for me to incorporate into my business. I feel if I do just one or two things, I will have improved my presence." Photo courtesy of Chad Johnson, Agent Evolution Time Is Running Out, So Sign Up Soon There are only four cities remaining on the Agent Reboot 2010 tour. Don't miss your chance to be part of Agent Reboot. Check the calendar below for details, and visit www.agentreboot.com to register for the conference nearest you. October 6 – Chicago, IL October 13 – Boston, MA October 20 – Fort Lauderdale, FL October 27 – Washington, D.C. Sign up for only $79 with promo code 'REBOOT930' (tickets are $149 on-site). For information on group rates as low as $20 per person, contact registration@inman.com or call (800) 775-4662 x128 - The Inman News Team P.S. Check out the Agent Reboot Facebook Page and the Twitter Stream	Use code 'REBOOT930' Only $79! Price goes up to $149 on-site Follow Agent Reboot: #agentrb Become a Fan of Inman News Join Our LinkedIn Group NATIONAL PLATINUM SPONSORS
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News Flash: Better Homes and Gardens Real Estate grows in California

NEWS FLASH

Better Homes and Gardens Real Estate grows in California SAN FRANCISCO -- Realogy Corp.'s Better Homes and Gardens Real Estate LLC continues its rapid expansion, with company officials today announcing a 20-year franchise agreement with a former Prudential Real Estate brokerage that has 1,900 agents working out of 36 offices in Northern California and Nevada. Handling $2.8 billion in home sales in 2009, Pleasanton, Calif.-based Mason-McDuffie Real Estate Inc. -- which has done business for the last 13 years as Prudential California Realty and Prudential Nevada Realty -- was ranked by REAL Trends as the 19th-largest brokerage in the U.S. by sales volume. The company claims to be the sales leader in the San Francisco area's East Bay market. Read full story here. ADVERTISEMENT ONLY 24 HOURS LEFT TO SAVE $500! Real Estate Connect Celebrates its 15th Anniversary in NYC – Register by September 30, 2010 and take part in our biggest promotion yet, $500 off the new Premium Package. January 12-14 at the Marriott Marquis in Times Square. Register Today!

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Market Comment

Mortgage Bonds started the day higher, adding to yesterday's gains, and then received an additional boost on a very weak Consumer Confidence report.

The Case Shiller Index revealed that home prices in July rose 0.6% and have moved up 3.2% from July of 2009. Although the pace of the gain was slower than the 4.2% increase seen in June, it's still is a positive, and an encouraging sign.

For now, I will continue to recommend a Floating bias, as bonds are being bought up on the possibility of more Quantitative Easing.

Leonard Winslow, New American Mortgage, Charlottesville
NMLS # 265272
434-760-2580 (cell)
leonard.winslow@newamerican.com
www.newamerican.com/leonard.winslow
Licensed by the Virginia State Corporation Commission. License #: MC-5112, V2563958, MLO-4817VA

Market Comment

Mortgage Bonds are trading higher and following through on yesterday's post-Fed Announcement rally as the statement was clearly more downbeat on the economy. The Fed made no change to interest rates and the "extended period" language was kept in place.

There were no economic reports released today.

White House Director of the National Economic Council, Larry Summers, is the latest of the Administration's economic advisors to leave their post. This means 75% of President Obama's Economic team has resigned, with Treasury Secretary Timothy Geithner being the only remaining member left.

For now, I will recommend a Floating bias. If anything changes, I will get back to you.

Leonard Winslow, New American Mortgage, Charlottesville
NMLS # 265272
434-760-2580 (cell)
leonard.winslow@newamerican.com
www.newamerican.com/leonard.winslow
Licensed by the Virginia State Corporation Commission. License #: MC-5112, V2563958, MLO-4817VA

Another Month of Record Bank Foreclosures / Home Repos

Rob Alley, Realtor at Keller Williams Charlottesville
434-220-2217
roballeyrealtor@gmail.com
http://www.forestlakesliving.com/
http://www.charlottesvillevarealestate.blogspot.com/
http://www.charlottesvilleshortsale.com/

This Month in Real Estate - September 2010

Rob Alley, Realtor at Keller Williams Charlottesville
434-220-2217
roballeyrealtor@gmail.com
http://www.forestlakesliving.com/
 http://www.charlottesvillevarealestate.blogspot.com/
 http://www.charlottesvilleshortsale.com/

Why Some Houses Sit While Other Houses Sell

Even in the hardest hit markets, there are still properties priced well enough and in good enough condition to interest buyers. Those houses attract offers and sell. Houses that aren’t priced and staged competitively sit. It’s not complicated. It’s really that simple.

For your house to stand out from the crowd, you’ll have to listen to what buyers are telling you and make sure your house is priced well enough and in good enough condition to stand out from the competition. Here’s a quick video explaining how it works. Good luck!

Rob Alley, Realtor at Keller Williams Charlottesville
434-220-2217
roballeyrealtor@gmail.com
http://www.forestlakesliving.com/
http://www.charlottesvillevarealestate.blogspot.com/
http://www.charlottesvilleshortsale.com/

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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Oh, by the way, I am never too busy to work any of your referrals.
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