HomeGain Advisors Group â€“ April 2010 Conference Call Recap
The HomeGain Advisors met for their quarterly meeting last week on Thursday, April 22nd. The Advisors represent top real estate agents across the country who provide insight into HomeGain products and services, market trends and Realtor behavior.
We had several interesting discussions with our Advisors Group last week that are worth sharing with our Blog readers â€” about market conditions, overcoming issues created by appraisers, and whether there may be implications from either terminating or extending the first time buyer tax credit .
Agent Advisors in Massachusetts and Maryland reported that the market (and business) is good. Maryland foreclosures and short sales are drying up. Colorado is seeing an uptick — although there are still a lot of foreclosures, there are less short sales.
Arizona and Florida real estate agents reported the market continues to decline, with lots of foreclosures and people still defaulting. In Florida, it was reported the real estate market has 40% short sales — and one agent commented that he had only 4,968 listings vs. over 8,000 at the same time in previous years.
Appraiser Issues Continue reading this post