Jeffbernard

Jeffbernard

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16 years ago @ InsideRealEstateNews.com - Forbes writing another... · 0 replies · +1 points

There are many reliable and available resources for gathering data about the metro Denver real estate market. There are highly engaged and educated independent market analysts; there are at least three large universities that have real estate and construction management departments; and of course there is the always reliable Metro Denver Economic Development Corporation.

Zillow.com or Cyberhomes.com can only collect certain data with limited data points. For example: If there is a cash concession exchanged in a real estate transaction on a home sale in metro Denver, Metrolist, Inc. requires accurate reporting of any concession. However, that data point will often not be accurately reflected in other places, such as county records. Additionally, when doing a valuation of a home, Zillow.com often fails to account for additions or major remodeling of homes. This occurs when a homeowner fails to acquire county building permits before improving a home. These are only a few examples of many complex issues that need to be researched before arriving at date worthy of publication.

These websites are worth viewing to obtain a broad-spectrum view of the market, but not reliable resources for factual, analytic information.
I doubt Forbes would consult LegalZoom.com for advice on issues surrounding, say, an alleged Goldman Sachs banking violation.

16 years ago @ InsideRealEstateNews.com - Risk retention threate... · 0 replies · +1 points

This is yet another great article from this blog on a provocative issue facing real estate lenders and the aggregate real estate industry. Moreover, raising public awareness on this issue is a crucial necessity right now. Simply stated, there are numerous problems associated with this legislation. Part of the goal of both Keynesian style stimulus attempts was to increase liquidity and stimulate responsible lending. The most logical approach to responsible financial liquidity, and thus the restoration of the mortgage lending process, is responsible regulation, while maintaining healthy competition within the marketplace. Mortgage brokers like Universal Lending and its counterparts are, in my opinion, the cornerstone of healthy competition in our mortgage lending marketplace. Universal Lending---used as an example her for many responsible mortgage brokers and small mortgage bankers---offers consumers a variety of choices in the marketplace. Additionally, these entities are not associated with legislative lobbying efforts that strongly influencing Congress to act for selfish purposes