Market Insights Blog

http://kcmblog.com/2011/03/29/month%E2%80%99s-shadow-inventory-state-by-state/ Click on this link to see how your state is doing with months of listing inventory.  what this means is depending on the number shown in your state, that is how many months it would take to sell every home without other homes coming on the market.  This second link http://www.housingwire.com/2011/03/29/foreclosure-inventory-volume-outpacing-actual-foreclosure-sales-lps?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+HWTop+%28HousingWire+%C2%BB+Top+Stories%29&utm_content=Google+Readershows why these numbers will be slow to improve.  Home foreclosure listings are outpacing the number of foreclosed homes being sold.  the bottom line is even though we are entering the spring market, it remains a buyers market and therefroe sellers have to keep their homes in impeccable condition and be very conscious of pricing their homes competitively.

http://www.inmannews.com is a leading source when it comes to real estate news and information.  Read their most recent post as to the top sites when looking for real estate.  http://www.inman.com/news/2011/03/18/top-20-real-estate-websites-in-february When looking locally, check out http://www.caar.com or our site at http://www.roywheeler.com

There has been lots written and said over these last few weeks about what the Obama administration wants to do in reforming the mortgage industry.  Many would be surprised that 95% of all mortgages in our country are somehow subsidized by the government.  For there to be true recovery, the government needs to find a way to loosen the banks dependancy on the govenment holding down interest rates.  Click on this link to hear FHA Commissioner, David Stevens, talk about why the reform is needed and also why it is important to restructure or get rid of FNMA and FreddieMac altogehter.  http://www.wina.com/play_window.php?audioType=Episode&audioId=5199522

David has been in the private sector for over 30 years and has worked in all aspects of the business including the secondary market, large mortgage companies, and most recently, the COO of Long and Foster Real Estate.  He wants the housing market to completely recover and with his experience, he is the right guy for this job at this time in our economy.

Staging your home could be the most important aspect of selling your home other than price.  Listen to Denise Ramey and Liz Blankenship talk about Staging your Home is some you will want to consider before putting your home on the market. http://www.wina.com/play_window.php?audioType=Episode&audioId=5189557