Neal's Blog

I had a conversation today with a past client that wants me to help her find a home this Spring and by the end of the call it was clear to me that there is no topic more important for buyers and sellers in todays market to thoroughly understand than what a short pay listing is compared to a foreclosure listing. First lets start with the basics. A short pay or short sale listing is one in which the seller will get no money. They owe more than the home is worth. They want to sell but in order to

Wow, what a difference a few years make! It is at this time of year that I write to you and recap the previous year and lay out what I expect to happen in the New Year. In December 2004 I wrote that 2005 should see a soft landing in housing prices. At that time, the inventory had risen to over 1400 homes, the demand was slower but steady, financing was available and there were delays in the expected new construction. Myself and virtually all of the top agents I network with-in and out of Santa