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RISMEDIA, October 29, 2010—(MCT)—Sales of new homes climbed 6.6% in September 2010, figures released by the federal government showed, representing the second straight month of gains, but still well below the pace when a tax credit existed. Sales of new single-family homes rose 6.6% to a seasonally adjusted annualized rate of 307,000, which is stronger than the 300,000 that economists expected in a MarketWatch-compiled poll.

A recent report showed sales of existing homes were also stronger than expected, rising 10%, …

Are you forward thinker?  Are you already projecting ahead to determine the direction of your business for the next couple of years to come?  Are you laying out the groundwork for 2011?

For a well-diversified business, your 2011 projections should most certainly include short sales.  The opportunities are about to abound.

According to a report I read on MSNBC, there will be over 0 billion in Adjustable Rate Mortgages will adjust to higher rates in 2011.  That number will equate …

RISMEDIA, October 26, 2010—Existing-home sales rose again in September 2010, affirming that a sales recovery has begun, according to the National Association of Realtors. Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, jumped 10.0% to a seasonally adjusted annual rate of 4.53 million in September from a downwardly revised 4.12 million in August, but remain 19.1% below the 5.60 million-unit pace in September 2009 when first-time buyers were ramping up in advance of the initial …

The first stats have started rolling in to recap the 2010 second quarter real estate market. RealtyTrac is reporting that foreclosure homes accounted for 24 % of all second quarter residential home sales. In concrete numbers, this amounted to nearly 250,000 homes in some stage of foreclosure being sold in the second quarter. This is up almost 5 percent from the first quarter. In comparison to the 2009 second quarter, this is a 20 % drop.

With regard to REO …

On this week’s Preforeclosure Daily Grind “Tip of the Week” we uncover what you need to know about VA (Veteran Administration) insured short sales so your deal moves along smoothly and what their discount ratios are in today’s market. Listen in as we cover this topic and also, how we got a Bank of America short sale acceptance letter rewritten in record time so we can beat the expiring tax credit, what “buttons” to use to get a short sale …