Paddy Deighan Real Estate Blog

An article by Realtor.com illustrates some interesting foreclosure statistics.  According to Realtor.com, the forelcosure rate for 2013 was 26% below 2012. Foreclosure filings include default notices, scheduled auctions, and bank repossessions. Additionally, the rate is a staggering 53% lower tha...

Congress is discussing ways to delay flood insurance hikes that will affect thousands of people living along the Gulf Coast and in other disaster-affected areas of the country. A law passed in 2012 designed to gradually phase out flood insurance subsidies is scheduled to go into full effect this ...

I have a colleague that is also the President of a small lender. They have about 8 branches.  Members of his communities rely upon his bank because it is a local community bank and customers have pretty good access to him. He is involved in every loan transacation and he approves loans that pther...

A Fair Housing violation can ruin your business as well as your reputation. It does not matter whether you intentionally or knowingly violated the act. The U.S. Department of Housing and Urban Development (HUD) can be one of your biggest headaches. Many real estate agents are making changes to tr...

A Fair Housing violation can ruin your business as well as your reputation. It does not matter whether you intentionally or knowingly violated the act. The U.S. Department of Housing and Urban Development (HUD) can be one of your biggest headaches. Many real estate agents are making changes to tr...

In most areas, the real estate market has recovered and the home sales are rising...both in terms of numbers of hojes sold and the proce of the homes. The prices are going up in most areas, and the number of properties in foreclosure is going down.  Accordingly, many people ask me whether this is...

No one really knows what will happen but it is possible to get a decent idea of trends for 2014. For what it is worth, here is some prediction for 2014:  1: Fewer and Lower Fee Hikes Before FHFA director Mel Watt took over from acting FHFA director Edward DeMarco, the Government Service Entities ...

There is no question that virtual tours are a useful tool in homes sales.  They have been around for some time and they are pretty mainstream by now. I understand and appreciate that they cost some money, but if you are going to provide a virtual tour, it behooves you to do it correctly!!  Let's ...

"Perception versus reality" has always been one of my favorite expressions.  I utilize it on an almost daily basis to explain some thinking that may be a tad short of realistic. This seems to happen a lot today!! As I sit and watch the NFC Division playoff game, I keep hearing the commentators me...

I have a diverse life...science , law and busniess interests can someitmes interfere with the ability to handle an emergency.  I was in Russia recently and I received an emergency call from a real estate agent. She needed a release of an IRS lien in order to complete a short sale in California. W...