Day

September 25, 2012

Why Good Lender Service Matters

Exhibit A:  Reaching the Lender in the Middle of Multiple Offers Prospective mortgage borrowers correctly pick lenders based on their interest rates and fees (it’s the combination of both that matters). But, good client service can matter just as much — or more. Exhibit A:  my Buyer was involved in multiple offers last week, and raised...
Read More

National Housing Statistics and Laurel & Hardy’s “Average” Weight

“Averaging” Dissimilar Things = Meaningless What is the average weight of Laurel and Hardy? Answer:  if you “average” a 150 pound man and an 350 pound man, you get 250 pounds — and a totally meaningless statistic. So, too, housing statistics that blend dissimilar markets — or even different neighborhoods within the same market —...
Read More

Forest Fires and New Home Construction

After the Deluge:  New Growth Maybe new home builders have always been young. But, they sure seem a lot younger these days. At least anecdotally, it appears that many older, established new home builders got out of the business following the collapse in new home construction starting in 2006. As new home construction has picked up...
Read More

Archives