Lody Cooper's (lody) Blog

Illusion #3:  Homes offered by conventional sellers, under conventional terms are over priced. Once upon a time, most homes were offered for sale by owners who wanted to sell, and were purchased by buyers who wanted to buy.  Looking back it all seems so simple. Today, only slightly more than 40% ...

If ever there was a misnomer it would be "short sales".  They are not short, and they rarely result in a sale. Unfortunately in today's array of multiple listing inventory more than 30% of all homes listed for sale are short sales.  This is tremendously misleading. Simply put, a "short sale" is o...