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GLG News by Residential Real Estate Experts (DC, Virginia, Maryland)

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May 9, 2008
Bulletproof or Last In, Last Out
Analysis of: Bulletproof housing markets get hit | money.cnn.com
Author: GLG Expert Contributor
1.  Article mislables areas of country as bulletproof when they are just slow. 2.  Mainstream media articles written to elicit response are often misleading. 3.  Real Estate is local, never national.
Mansur HasibOctober 29, 2007
OPPORTUNITY TO BUY INTO THE AMERICAN DREAM
Analysis of: STATE BY STATE - BUY NOW OR WAIT? | www.searchprg.com
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
Social networking web-sites are bringing people closer at an unprecedented pace.  The Trulia Voices forum at www.trulia.com/voices brings buyers, sellers, and real estate professionals together to discuss and exchange ideas, issues, problems, and solutions.
Mansur HasibOctober 22, 2007
The Buyer Pays Real Estate Commissions
Analysis of: Who Pays the Real Estate Commission? | homebuying.about.com
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
The author provides a good explanation of real estate brokerage commissions and the correct way to think about it.
Mansur HasibOctober 22, 2007
FHA Refinancing Will Help Avoid Foreclosures
Analysis of: FHA to implement new "FHASecure" refinancing product | www.fha.gov
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
It is designed to save an estimated 240,000 homeowners from going into foreclosure.  It benefits creditworthy borrowers who financed their homes by using riskier adjustable rate mortgages which have interest rate reset dates between June 2005 and December 2009.  The program...
Mansur HasibOctober 22, 2007
The Future of Discount Brokerage
Analysis of: Foxtons Shuts U.S. Operations, Blames Housing Slump | www.bloomberg.com
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
The model of discount brokerage is based on high volume and quick sales.  The article points out how the Foxton's discount brokerage model collapsed at the slightest change in the pace of home sales.
Mansur HasibSeptember 12, 2007
The Psychology of Home Price Changes
Analysis of: Understanding Recent Trends in House Prices and Home Ownership | www.kc.frb.org
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
The author provides a scholarly examination of the relationship between expectations and price changes. The author concludes that Fed actions typically do not affect prices directly but they do impact expectations.
Mansur HasibSeptember 5, 2007
Possible Government and Fed Actions to Ease Mortgage Crisis
Analysis of: Bush, Bernanke Pledge To Stabilize Mortgage Meltdown | www.consumeraffairs.com
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
The article essentially summarizes some of the key elements of some options such as refinancing options using FHA loans that the government will make available for creditworthy homeowners to be able to save their homes.   The article also suggests that the Fed may act to cut rates if...
Mansur HasibSeptember 5, 2007
Housing Market Summary
Analysis of: U.S. Housing Market Conditions | www.huduser.org
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
This report for the 2nd Quarter of 2007 is part of a regular series produced by the US Department of Housing and Urban Development, Office of Policy Development Research. While the first quarter of 2007 had shown some improvement in housing affordability, the second quarter showed an increase...
July 30, 2007
Looking to the future of real estate growth-where to build and invest- it's not all down hill...
Analysis of: How Low Will It Go? June 18, 2006 | www.bobbappraisals.com
Author: GLG Expert Contributor
Some housing markets are bucking the national trend of falling home prices with “something” that has brought extra home-buying power into the community and prevented a significant buildup in surplus homes for sale.  
Mansur HasibMay 21, 2007
Price is Right
Analysis of: If You Must Sell, Name Your Price Carefully | www.washingtonpost.com
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
Deciding on a price is extremely important in the current market.  The author suggests waiting it out if sellers do not have to sell.  If they do they need to price towards the lower end of comparable sales rather than the higher end.

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