Clay Kime's (teamkime) Blog

Real Estate Agent - RE/MAX Preferred Properties
Ok, so I was more than skeptical about yet another REO Convention/Event. I have been in contact with Hugh Elder about the details of this event and I am really encouraged and exited about the program and participants.There is an impressive, all-star line-up of speakers and panelists for the REOCO...
VIENNA, VA - Nov. 19, 2009   The REO & Distressed Asset Management Division of RE/MAX Preferred Properties today reported that, the nationwide default rate on home loans has risen to, over one in seven (1 in 7) borrowers, according to a Mortgage Bankers Association (MBA) survey released this morn...
Club Tsunami at the Five Star Conference was a great success thanks to everyone's hard work.  The REOMasters' executive staff was awesome and most of our membership geared up to support the event.  Even if you couldn't attend, the social networking, blogging, Twittering, et al contributed greatly...
Lenders and Servicers need REO Agents that can also provide professional Property Management Services, and not just property preservation and maintenance. We have the controls in place to ensure full legal compliance with the PTFA.  The Protecting Tenants at Foreclosure Act of 2009 (PTFA), is inc...
Jack & Jill bought a house in a nice neighborhood.  It was the largest and nicest house in the whole neighborhood.  Jack's family stretched beyond their budget to buy it, but business was good, the economy was great and all his advisers, even his neighbor, Sammy Stockbroker, urged him to "go for ...
This morning, September 18th, the Bureau of Labor Statistics reported that The Producer Price Index for Finished Goods fell 1.4 percent in August, seasonally adjusted.  This decrease followed a 0.6-percent increase in July and a 0.2-percent decline in June.  At the earlier stages of processing, p...
At the end of the 2nd quarter of 2007 the economy continues to stagger, although optimistically.Existing Home Sales for May (Nationally) were off slightly from the previous month, but still above analysts' estimates with 5,990,000 units sold.New Home Sales came in at 915,000 units and were off by...
On the heels of the Conference Board's report last week of increases in the Leading Economioc Indicators, the Board reports this week that Consumenr Confidence is weakening.The Conference Board Consumer Confidence Index, which had bounced back in May, reversed course in June. The Index now stands...
Gerald Connelly, Chairman of Fairfax County Board of Supervisors, was awarded the prestigious Leadership Award on Monday at the National Association of Regional Councils' annual meeting and convention.  Chairman Connolloy was recognized for his leadership at the Metropolitan Washington Council of...
Last week we witnessed an anomoly in the Financial Markets.  Stocks went "down" and Bonds also went "down" (yields went up).  These are nearly contradictory movements.  Traditionally as money flees "from" equities (Stocks) it flees "to" Bonds, increasing Bond prices and simultaneously reducing yi...

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