Paddy Deighan Real Estate Blog

This could be a real (estate) game changer!  Home owners who attempted to get a loan modification through the Home Affordable Modification Program (HAMP) and who were unsuccessful appear to have legal rights in certain circumstances.  Many home owners have been rejected under various programs aft...

For those that care about such things, the Trulia / Market Leader, Inc. merger is progressing steadily. Market Leader Inc. indicates that revenue was up 24 percent from a year ago during the second quarter of 2013 (as compared to the second quarter of 2012), to $13.7 million, and that a pending $...

The Home Affordable Modification Program (HAMP) has been something of a disappointment nearly from its inception. After loudly touting the program’s ability to help 4 million borrowers, the current administration was forced to concede it had barely helped a fraction of that number and some advoca...

I cannot believe that the year is well past the half way stage...the Christmas decorations will soon be upon us...oh, excuse me, the "holiday" decorations!  It is time for my mid year audit post.  Well, as always, there was some good and some bad. I had spurts of significant blog activity but I w...

We Active Rainers have been challeneged to discuss our social media mistakes and the efforts made to correct them. I have to admit that when Pinterest first entered our cyber lives, I thought that it was useless!!! I had no idea that Pinterest would become a leading tool to promote our profession...

There are some additional real estate recovery statistics that indicate more good news. In June of 2013 total foreclosure filings dropped to 127,790.  This number is a 35 percent decrease as compared to 2012. It is also the lowest monthly total since December 2006!!  CNN Money analysts have analy...

There is a decades long debate on whether it is better to buy the BEST home on the block, or the least expensive home in a neighborhood. At first glance this may seem to be an easy question as buyers seek the highest quality home for the lowest possible price. However, in terms of real estate inv...

I have never been a fan of the term, “flipping”. However, it has become a term of art so it is here to stay.  Negative connotations have been associated with the term but there is nothing wrong with buying a home and selling it for a profit.  The lenders and servicing agent are (presumably) smart...

Well, the last blog about NAR seemed to stir some strong emotions. So, I thought that I would post a “good news” post for something that initially appears to be “bad news”. The National Association of Realtors (NAR) reported that existing home sales for June 2013 were down 1.2% when compared to M...

As a real estate lawyer, I am a bit appalled by this because it seems to be a betrayal of agents by NAR. This cannot possibly be in the best interests of the consituency of NAR..so why did NAR do it? Money....Da da da Has NAR Sold Out Its Members  Again...Or Is It Me?Touted as an 'historic' chang...