Guy Adams's (guyadams) Blog

"BUYERS ARE LIARS" It's a saying heard from salespeople to explain away the confusion they are feeling or to help a fellow realtor feel better about a sale that has gone sideways for no apparent reason.    Sometimes things truly come out of the blue, unexpected, but most times, there's a reason. ...

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Real Estate Outlook: After the Credits The Federal Reserve's latest region-by-region analysis of the national economy, the so-called "Beige Book" released last week, has an important message for anyone interested in real estate: It's a gradual recovery out there, but it's for real and it should ...

Denver is the Most Improved U.S. Housing Market   The housing market in Denver and 20 other markets are showing signs of life, but still a long way from precrash highs Across the U.S., signs of life are budding in the housing market. This statement will have many people scratching their heads. Y...

This is an open letter to all the folks who sit on HOA Boards or live in a community that has an HOA. This is written by a person who is on the front lines to sell your homes as quickly as possible because it is common knowledge that the longer a house is on the market the lower the resulting sal...

  The cost of FHA loans could increase before the end of the year is over with.  Right now, depending on your LTV (loan to value), the FHA monthly mortgage insurance is either .50% or .55% of the base loan amount.  We could see increases any where from .90% to 1.55%. That is a significant increa...

Hi folks. This question has been on my mind for months now. "What percentage of Short Sales really close?" Most folks throw out numbers of 20% to 25%. But my opinion is that they are not only wrong but they are way off. I have been pulling data for several days now from my MLS trying to come up ...

  Economists surveyed by The Wall Street Journal forecast slow but steady economic growth through the middle of 2011. The key to economic growth will be increased employment, but economists say that the decrease in joblessness will be slow, falling from an employment rate of 9.7 percent now to 8....

Bank of America recently announced that it will discontinue various mortgage programs after today. What you will NOT find at Bank Of America anymore are the following programs... Conforming 40 yr 30 yr Fixed Rate Interest Only 15 yr IO, 6-month ARM 1 year ARM Flex 97 Interest Only 15 yr Fixed Rat...

The National Association of REALTORS® today expressed thanks on behalf of America’s homebuyers to three Senators for introducing a measure to extend the present home buyer tax credit closing deadline to Sept. 30. They are Senate Majority Leader Harry Reid, D-Nev., and Sens. Johnny Isakson, R-Ga....