I received a real estate advertisement worded "government ban on short sales."
Well it was a clever way to get my attention and as soon as I read it I thought what a bunch of jokers playing on words. Then I started to wonder if people really might be confused by the subject. So I thought I'd write a quick explanation.
Our Government put a ban on short selling, not short sales. So what's the difference?
Short Selling is when you borrow stocks and sell them in hopes of buying them back at a lower price at a later date. This is a financial instrument and not to be confused with the transfer of real property.
A Short Sale is when a lender accepts a lower payoff on a loan for property than the amount financed by the mortgagee.
Easy to confuse and if you use the wrong terminology you're talking about two completely different things.

I happen to be a Boise State Bronco's foot ball fan. It's not because I'm crazy about football or that I have a great grasp and appreciation for the game. They have made me a fan because they just don't quit. They are rarely given credit for their triumphs and those triumphs are usually attributed to unfortunate circumstances of the opposing team.
Case and point, Boise State recently beat Oregon a BCS conference team that outweighed them by nearly 50lbs per player. It was a thrilling game and as soon as it was over I sighed and said out loud "Guaranteed they will say it was due to the loss of Oregon's quarterbacks" and sure enough the first article I found on it lead of with "All those quarterback injuries finally caught up to Oregon against Boise State."
Yes Oregon had lost their quarterbacks, but they also have one of the top ranked defenses in the nation that couldn't hold our offense despite their every advantage. So how does this pertain to real estate or life? Well you have a couple choices. You can sit on the side lines making excuses why you came up short, the reasons you can't, and play the victim or you can brush off the naysayers, and whiners, and get on with it.
Play to win no matter the odds and when you lose act like a winner and give credit where it's due!
Meridian Heights subdivision has a large looming problem. Contaminated water and no place to move their sewage: http://www.idahostatesman.com/newsupdates/story/504213.html.
This is no doubt is causing home owners big head aches. The costs to remedy such a situation are large and will probably affect homes sales as well. This will be an interesting one to watch unfold. With the growth rates in Meridian, Idaho what once worked is now having to be re-thought and reworked and someone has to pay the bill.
Kuna and Meridian are squaring of in their fight for land and expansion; home and property owners are caught in the middle with Ada County as the referee: http://www.idahostatesman.com/newsupdates/story/502621.html.
There are obvious pros and cons to both sides and when you look at the article does a very good job of extracting many of them.
If you're looking at it from a home or property owners perspective there's no doubt that Meridian carries a higher average property value.
Kuna however may be quicker to add services for the outlying areas which would make them more marketable.

I could use your help AR, I'm redoing my website and here's your chance to have a say in it. On my properties page I am setting up what information about the property is displayed. My question as stated above is this:
What information are buyers and sellers wanting when they land on a property they are searching for?
Since the internet is where the overwhelming majority of buyers and sellers begin their search I want to be sure to give them what they're looking for.
Help me out here and let me know!
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