Arizona’s Potential Foreclosure Freefall: How it Happened
Yesterday, we covered the potential problem that the state of Arizona stands to encounter in its real estate market as tens or hundreds of thousands of illegal immigrants flee the state in response to...
View ArticleJewel Thief Poses as Home Buyer to Gain Entrance to Homes, Access to Valuables
A jewel thief in the Fort Worth area has been posing as a potential buyer for properties to make entering homes easier. The alleged thief, named Steven Breed, is suspected of many thefts over the past...
View ArticleThe Ethics of “Virtual Staging”
While any real estate agent or investor who informed a buyer that a home had granite countertops, fresh and fluffy carpet and beautifully hand-tiled floors and then attempted to sell them that home...
View ArticleReal Estate Lending Scam in California Targets Elderly Homeowners
In Modesto, California, a real estate agent and his roommate set up a simple scam that enabled them to steal thousands of dollars from elderly homeowners while acquiring properties at rock-bottom...
View ArticleSan Jose Real Estate Agent Closes Offices in 2004, Now Saying “I Told You So”
After Michael Blomquist, a San Jose real estate agent, shut down his offices in January 2004 because he was unwilling to participate in “felony mortgage fraud,” he devoted the majority of his time and...
View ArticleCareers in Real Estate: Real Estate Advisory Positions
There are currently over five million people in the United States employed in “identifiable real estate fields,” meaning that they are clearly associated with real estate in some form or fashion[1]....
View ArticleRobo-Signer Fallout: Foreclosure Homes May Not Be So Appealing
In Florida, the fallout from the robo-signer debacle last fall is still ongoing, and it is impacting one of the most important aspects of the real estate market today: foreclosures. In South Florida,...
View ArticleNeighborhoods and Real Estate Agents Working Together to Boost Home Values
With all economic forecasts predicting an extremely sluggish and possibly far-off recovery for the real estate market even in best-case scenarios, real estate agents and local neighborhoods are taking...
View ArticleNew Software Could Prevent Short Sale Fraud
In an effort to remove the temptation for listing agents to offer lenders low prices on short sale properties so that they can turn around and flip the properties to higher bidders, a new software...
View ArticleHomesellers More Likely to Pay Full Real Estate Commission
It used to be that when a house was sold, the buyer and the seller split the cost of the real estate agent’s commission. Now, however, sellers are more likely to pick up the entire tab, and the cost of...
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