Watch this video and be amazed about LEADERSHIP!

Due to cultural diversity, the CCIM committee decided to give out CI 101 for free if you fill out an application for cultural diversity! Did I say cultural diversity too much? Well it is all due to it, so I have to give due credit. So what are you waiting for? Click on the link and apply! http://www.ccim.com/content/cultural-diversity

Have you heard of the Short Sale Reference Guide?  Well it is COMPLETELY free and was created by an group of real estate associations to make it easier for real estate agents to navigate around a Short Sale.  Well I think it is great even for a non-realtor, so they can understand short sales better.  Below is a table of contents:

I. Introduction
II. Dissection of a Short Sale
III. Confidentiality Issues
IV. When is Ratification?
V. Escrow Handling
VI. Commission Handling
VII. MRIS Policy
VIII. Short Sale Credit Impacts
IX. Presenting Offers
X. Forms
Appendices

Let me know if you have any comments/thoughts!

Prabhjit Singh

Reports show that housing starts have risen 3.6 percent in June. This followed a 17.3 rise the month before. This was caused by single-family starts, which have been on the rise. Multi-family starts have fallen 25.8 percent. However, this is still showing an improving real estate market. Builders are getting new opportunities to start new projects after starts with at their lows earlier this year due to lack of credit.

We are seeing the highest increase in single-family starts in the South. The West was only a slight increase whereas no rise was seen in the Northeast and the Midwest. Overall, the housing market for single-families is looking very good indeed. However, it’s not all good news.

Multi-family starts have been constantly falling after the 65.9 percent spike in May. We will most likely see the starts hit their bottom this second quarter. Multi-family home’s examples include apartments, condominiums, townhouses, etc. (more…)