Thursday, March 11th | The Monopoly Report
23:04

Functional Obsolescence

Functional obsolescence is a term when used in real estate to indicate a feature of a home that is not longer useful or desirable today.
Homes with 3 bedrooms and only one bath were popular in the 50s and 60s, but now are functionally obsolete; buyers want two bathrooms. Homes with detached, 1 or 1.5 [...]
22:13

Short Sale Defined:

In real estate, a short sale is a sale of real estate in which the proceeds from the sale fall short of the balance owed on a loan secured by the property sold. In a short sale, the bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the mortgagor.

21:30

TMR Live 92 | The Foreclosure Phantom and Rust is the New Green

Carl Keating and in studio guest Sherry Denton of Keller Williams Realty discuss the possibility of a rumored 600,000 phantom foreclosure property more than doubling the current US REO levels. We then move our focus to the mid-west and take a look at the “Green” initiatives underway as part of the rust-belt’s urban recovery plans.

 
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In an era of massive economic change and the confusion that results from such change, there are still positive economic events that deserve attention. Everyday in the real estate sector there are forward market movements and good news stories on both national and local levels all over the country. TheMonopolyReport.com is dedicated to making those stories and details available in a safe, reliable and easy to access format.

Myself and other industry insiders deliver straight forward answers and real world solutions for success in rapidly changing real estate markets. Real estate agents, consumers and investors count on The Monopoly Report for accurate statistical analysis, timely real estate news and effective strategies they can use to get in the game and play to win.

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Much Success,

Carl Keating

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