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Is Your Voice on the Phone Killing Your Sales?

Is Your Voice on the Phone Killing Your Sales?

Image via Wikipedia More and more our debt settlement and mortgage sales are dependent upon our performance on the telephone. That means that your voice and tone are critical to closing the deal. Is it helping or hurting you? Let’s … Read More

Famous Last Words: What is your (mortgage professional) lasting impression?

Famous Last Words: What is your (mortgage professional) lasting impression?

Image via Wikipedia A defining moment, a Hollywood hero-shot, a quote to be remembered – famous last words leave a lasting impression.  Here are just a few of the great ones that come to mind – “With great power comes … Read More

National Data: Distressed Sales and Types of Buyers

National Data: Distressed Sales and Types of Buyers

Here is some national data on the number of distressed sales in Q2, and the types of homebuyers. This is from a survey by Campbell Communications (excerpted with permission). Source: Summary Report–Real Estate Agents Report on Home Purchases and Mortgages … Read More

Distressed Sales and Financing: Sacramento as Example

Distressed Sales and Financing: Sacramento as Example

Just using Sacramento as an example … I wish the NAR broke out the data like this! Click on graph for larger image in new window. The Sacramento Association of REALTORS® is now breaking out monthly resales by equity sales … Read More

WaPo: Ailing States Face Bleak Outlook

WaPo: Ailing States Face Bleak Outlook

From the WaPo: Stimulus Funds Bring Relief to States, but What About 2010? As states across the country grapple with the worst economy in decades, most have cut services, forced workers to take unpaid days off, shut offices several days … Read More

Auto Sales and the Unemployment Rate

Auto Sales and the Unemployment Rate

On Saturday I posted a graph and some analysis of Housing Starts and the Unemployment Rate Today I received a request for a similar graph of auto sales and the unemployment rate. Click on graph for larger image in new … Read More

Another Apartment-to-Condo Conversion Disaster

Another Apartment-to-Condo Conversion Disaster

From the Las Vegas Sun : The worst investment over the past year was apartment conversions … [Larry Murphy, president of SalesTraq] said. The worst of the that segment was the Meridian at Hughes Center on Flamingo Road, east of … Read More

Investors Buying Low End Foreclosures

Investors Buying Low End Foreclosures

From Carolyn Said at the San Francisco Chronicle: Oakland group buying Contra Costa foreclosures (ht Walt, John) Oakland’s McKinley Partners is betting that low-end foreclosed homes in eastern Contra Costa County will double in value in five years. The real … Read More

July Economic Summary in Graphs

July Economic Summary in Graphs

Here is a collection of real estate and economic graphs for data released in July … Note: Click on graphs for larger image in new window. For more info, click on link below graph to original post. ******************** New Home … Read More

Shadow Inventory

Shadow Inventory

First, lifted from the comments on Corus: “Too toxic to fail.” by Rob Dawg On shadow inventory from Reuters: “Shadow” inventory lurks over U.S. housing recovery (ht Denny) [A] massive supply of unsold homes is waiting in the wings and … Read More