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  • What is a "Short Sale"

    As most of us know, home prices skyrocketed in 2004 and 2005. By the end of 2005 the feeding frenzy came to a holt. Those that thought home prices where going to continue to climb where in for a surprise. Instead of continuing to rise, many homes in the country have dropped in value, some dropped as much as 50% or even 60%  Yet those ...
    Posted to Samir Rafeedie (Weblog) by 551036 on April 16, 2009
  • Market Update

    Are you seeing it? I am. There are more buyers coming out of the woodwork now that home prices and  interest rates have dropped to near record lows. Some are finally realizing it's cheaper to buy a home than it is to rent. Many people have had to face the unfortunate situation of losing their home, either to foreclosure, or have had ...
    Posted to Samir Rafeedie (Weblog) by 551036 on April 16, 2009