The KCM Blog

February 2010

KCM Weekend Library Links

February 6, 2010

Back by popular demand!  Here are 46 links we posted through our Facebook, Twitter and KCM Blog outlets in the past week.  There are a lot of different things happening in the real estate industry as of late, so be sure to browse the articles and read whichever ones seem appealing to you. If you [...]

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Challenges and Opportunities in Housing

February 5, 2010

A quote from Housing in America: The Next Decade. “Sooner or later, something fundamental in your business world will change… strategic inflection points do not always lead to disaster. When the way business is being conducted changes, it creates opportunities for players who are adept at operating in the new way. This can apply to newcomers [...]

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Don’t Be Short-Sighted on Short Sales

February 4, 2010

There was an interesting article that was posted on The KCM Crew fan page the other day titled: Surge in Short Sale Requests Unlikely to Impact Housing Market. In this article, it was reported: In the first half of 2009, only 40,000 short sales were completed, according to the most recent data available from the [...]

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Fed Flip-Flops on House Flips

February 3, 2010

Finally, some good news from the FHA. Effective February 1st, the FHA is waiving their requirement of the “90 day holding period” before home sellers (predominantly real estate investors and speculators) can resell a piece of real estate to a buyer who uses FHA Insured financing.  Given the recent increase of the UFMIP, coming reduction [...]

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Built on Jenga Blocks, Home Prices Look Shaky

February 2, 2010

The Homebuyers’ Tax Credit, in many ways, has done exactly what it was suppose to do – stimulate the economy. Notice I didn’t say increase home ownership. The tax credit was never really about buyers. It was about keeping home values stable so the housing sector would not have another wave of foreclosures that would [...]

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The Fed Exit Raises Interest… Literally

February 1, 2010

I have been reading some interesting things this week in regard to the effect of the Fed exiting from their program of buying mortgage backed securities (MBS) on March 31 this year as they announced they would last Wednesday. There seems to be some people who do not believe that the Fed’s exit will have [...]

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