Real Estate Headlines

My thoughts about today’s headlines in the real estate world.   Secure a Lender Quickly for Tax Credit Those house hunters looking to take advantage of the home buyer tax credit need to line up financing from lenders who work in a timely manner. My thought. This is probably a good idea. BUT, it is always a good idea, tax credit or no tax credit. Information learned from good financial counseling is invaluable in negotiating for property! Shadow Inventory Unlikely to Hurt Market Experts believe that strong investor demand for foreclosures will keep prices from falling more. My thought. By “shadow,” this writer means foreclosed! The idea that investors are licking their chops to purchase foreclosed real estate is stretching what we see in our market place! Buyer types are not usually the first consideration of a Seller when placing property on the market. Any way you cut it, all proerty, forclosed or otherwise, that is for sale at the same time as yours, is competition. A Seller should be mindful of any and all! Analyst Predicts Improvement in Home Building Dan Oppenheim, a home building analyst with Credit Suisse, believes 2010 will be a good year for building, though there are still strong threats to the housing recovery. My thought. This is one man’s opinion and there are as many oopinions available as there are people who will give one! For my building industry friends, I want this guy to be right. This might be one comback it would be safer to be “part of” rather than “lead.”   Any thoughts?