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Box Car House - Memphis, TN

07-28-09
Joe Spake

Ran across this interesting house made of railroad box cars, in South Memphis.

Box Car House - Memphis, TN Some rights reserved
Creative Commons License - Some rights reserved

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Real Estate News Summary (week ending 7/14/09) - from the Cutting Edge

07-16-09
Joe Spake

Real Estate News You Don't See on the News - from The Cutting Edge July 14, 2009

Your Comments, please:
I decided to try out a new and more useful format for this week's Real Estate News Recap. Let me know what you think. I started the week in the old format and changed on Staurday. Your input is welcome.

You can always get the raw feed and subscribe at The Cutting Edge. If you use RSS, subscribe here: Cutting Edge RSS Feed

The week's real estate posts of interest from The Cutting Edge.

NEW FORMAT:
14 JUL 09

FrontDoor Unlocked - HGTV's FrontDoor Real Estate Blog » Would you move to one of Money Magazine's Best 100 Small Towns?

Calculated Risk: As Foreclosure Activity Surges, Obama Considers Rental Option

"Under one idea being discussed, delinquent homeowners would surrender ownership of their homes but would continue to live in the property for several years ... Officials are also considering whether the government should make mortgage payments on behalf of borrowers who cannot keep up with their home loans" - This is rather troubling...

13 JUL 09

REALTORS by Choice - Trainers by Circumstance | Real Estate Opinion MAG - AgentGenius

"It is getting so old! to think of the many times we have to hold other agents' hands through a real estate transaction just because we want to do the best for our clients who need deals to work out. We totally understand that the real estate market is tougher than it has ever been and we expect deals to be more difficult, but how many agents are out there that are clueless about their job?"

Linkbuilders: Please Get Less Obvious About Your Commenting Tactics | GeekEstate Blog

"To the linkbuilders out there, please just do us all a favor and stop these SPAMMY tactics - you're benefitting no one and damaging your clients' reputations in the process........"

How Are Builders Dealing With Chinese Drywall Problems : The Real Estate Bloggers

"If you have a new home, check out the drywall that it was built with. As we have reported before, there have been some serious problems with Chinese drywall that are making families sick. ........"

Calculated Risk: Appraisal Update

"Last Friday Freddie Mac updated their appraisal guidelines and clarified that the appraiser is not required to use distressed sales (REOs, short sales)"....

Calculated Risk: Shiller on Housing

"One thing is true about housing, it is a very inefficient market - and it shows momentum. And in fact, when the rate of decline slows that is evidence that the rate of decline will continue to slow because there has been a second derivative effect that is actually in the data historically." Robert Shiller, July 13, 2009

Calculated Risk: Lenders Walking Away

".......The foreclosure, however, failed to go through after the California-based lender decided it didn't want the gutted house. Lass said he found out for certain that he still owned it from the Journal Sentinel.......".

12 JUL 09
BloodhoundBlog.com | What drives your fear of flying solo?

"In my endless quest to dispel the many myths surrounding what it takes to thrive as an independent broker, I've compiled a list of the top ten ways agents deceive themselves into thinking that they can't - or shouldn't - set up shop on their own."

Rent Dodger Lives Here: A Landlord Resorted to Public Shaming to Oust Rent Dodger - Neatorama

"When landlord Elaine Stenson couldn't get her tenants to pay their rent for months and ignored legal notices to vacate the premises, she decided on a very old (medieval, actually) technique: public shaming........"

OLD FORMAT:

How to be Transparent Without Showing Your Chest Hair | Real Estate Opinion MAG - AgentGenius - http://agentgenius.com/real-es... - Saturday

Calculated Risk: Sacramento: 70 Percent Distressed Sales in June - http://www.calculatedriskblog.com/2009... - Saturday

Demand for FHA, VA mortgages at 19-year high - MarketWatch - http://www.marketwatch.com/story... - Saturday

Hilarious Comments Overheard in Real Estate | - AgentGenius - http://agentgenius.com/real-es... - Friday - Some pretty funny stuff. (edit | delete)

Impact of the HVCC | Real Estate Opinion MAG - AgentGenius - http://agentgenius.com/g-rants... Friday

From the Idiot Files: Use an Electronic Lockbox! - The Phoenix Real Estate Guy - http://www.phoenixrealestateguy.com/from-th... - Thursday

Tales From the Dark Side #1 | Rain City Guide - http://www.raincityguide.com/2009... Thursday

10 Mistakes Homeowners Make in Selling Their Home - http://activerain.com/blogsvi... Thursday

Got a Facebook Page? Here's a new way to get the word out | Joe Spake's Weblog - http://joespakeblog.com/2009... July 9 -Cool new widget to promote your FB page

Sellers Market, Buyers Market or ..............Lenders Market? via ActiveRain - http://activerain.com/blogsvi... July 9

Duct tape and real estate | Real Estate and Technology News for Agents, Brokers and Investors | Inman News - http://www.inman.com/news... July 9

Calculated Risk: FBI: U.S. Mortgage Fraud "Rampant" and "Escalating" - http://www.calculatedriskblog.com/2009... July 8

Lenders Buried Under Load of Mortgage Re-Works : The Real Estate Bloggers - http://www.therealestatebloggers.com/2009... July 8

Living with the HVCC | Real Estate Opinion MAG - AgentGenius - http://agentgenius.com/g-rants... July 8 - Important post for Realtors and lenders alike. Misconceptions about HVCC are monkey-wrenching the real estate business and disappointing consumers.

Calculated Risk: Apartment Vacancy Rate at 22 Year High - http://www.calculatedriskblog.com/2009... July 8 - Does this mean everyone is moving back in with their parents?

Secrets of Recruiting Gen Y - http://www.jonathannicholas.com/2009... July 8

Capital One buys Downtown's Horizon Project - http://memphisrealestatebuzz.com/2009... July 8

Cost vs. Value: Two Ways You Can Make It Better : Speaking of Real Estate - http://speakingofrealestate.bl... July 8

Secrets of Recruiting Gen Y - http://www.jonathannicholas.com/2009... July 8

The Resounding ‘Pop!' Echoes Across The Nation - http://thehousingbubbleblog.com/...July 7

About My Professional Photo- Dear Ginny, WTH? | Real Estate Opinion MAG - AgentGenius - http://agentgenius.com/g-rants... July 7 - Is your professional photo the place for your pet, laptop, mobile phone, or kids?

Using Real Estate Social Media to Broaden Community Non-Profit Efforts | Real Estate Opinion MAG - AgentGenius - http://agentgenius.com/g-rants... July 7

Consumer loan delinquencies rise to record high - Memphis Business Journal: - http://www.bizjournals.com/memphis... July 7

Calculated Risk: More Evidence of the "Foreclosure Backlog" - http://www.calculatedriskblog.com/2009... July 7

Memphis Area Real Estate Sales - May, 2009 - http://memphisrealestatebuzz.com/2009... July 7 from Memphis Real Estate Buzz

For uptodate real estate posts, subscribe, free, to The Cutting Edge or subscribe to the Cutting Edge RSS Feed

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Real Estate News You Don’t See on the News – from The Cutting Edge July 7, 2009

07-08-09
Joe Spake
Your Comments, please: I have had fun aggregating real estate news stories from a variety of sources and posting the resulting links weekly. You may have noticed that I missed last week’s post. I am trying to improve the look and utility of this regular post, so please bear with me. If you have suggestions as to improving the format or the direction you would like to see this post go in, please comment. No matter where I end up with this feature, you can always get the raw feed and subscribe at The Cutting Edge If you use RSS, subscribe here: Cutting Edge RSS Feed

The week’s real estate posts of interest from The Cutting Edge.

For up to date real estate posts, subscribe, free, to The Cutting Edge or subscribe to the Cutting Edge RSS Feed
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Happy July 4, from Memphis!

07-04-09
Joe Spake
One of Midtown Memphis's best known events is the Midtown Memphis' Central Gardens July 4 parade on Carr Avenue. The turnout is always great, and it's a real neighborhood happening with fire trucks, police, free hot dogs and drinks.

Just another reason that Midtown is one of Memphis' favorite places to live.

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Community Involvement - It's more than just selling houses

06-30-09
Joe Spake

Earlier this year, the Memphis Area Association of REALTORS® requested that Memphis real estate agents involved in community volunteerism submit profiles of their involvement, to be published in the Commercial Appeal Real Estate Section. I was fortunate enough to have this profile chosen earlier in the year for my volunteer work with the Center for Southern Folklore.

katie-shotts_profile_joe_spake1

Last week, I was featured again for my involvement with the Midtown Security Community, which coordinates citizen, business and police efforts to address neighborhood problems with crime. katie-shotts_profile_joe_spake2 I am a board member on both of these organizations, and I always enjoy my volunteer work. There is more to life than selling houses, and I believe in giving back to the community that sustains me.
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