4realz Roundtable: Effect of FDIC/Treasury Actions on Home Buyers and Real Estate Industry

[NOTE: we had a wonderful show and you can listen to the entire episode at the bottom of this post!]

This week were going to cover the obviously hot topic of the effect of the actions taken by the government in bailing out and/or helping secure IndyMac, Freddie Mac, and Fannie Mae will affect the real estate industry.

This week’s guest is Lawrence Yun and as the chief economist for the National Association of REALTORS, Lawrence is sure to bring an incredibly interesting perspective.  He’s constantly traveling around the country talking with people about their local markets… and whenever he’s stopped by real estate technology circles, like trips to Portland and Virginia, he’s impressed the locals tremendously.

As always, you can get information on how to (1) listen to the call live, (2) take part in the live chat and potentially take part in the conversation by following the (relatively simple) information on the 4realz Roundtable TalkShoe page.  My guess is that this will be one of the more popular shows yet, so I’ll likely only be taking live callers based on folks who ask interesting questions in the chat room!

Also, in order to better accommodate Lawrence’s schedule, I’m moving the call to one hour later than usual.   The show will be on Thursday, July 17, at 5pm PST (8PM EST).     I definitely hope you can join us for a conversation on this timely topic!

UPDATE #1:

What an great show.   Thanks so much to everyone who took part!

Jonathan Miller, Jillayne Schlicke and Rhonda Porter really helped provide an excellent base for a roundtable discussion with Lawrence.   In our one hour conversation we covered so much ground… and I only wish I had the bandwidth to transcribe the whole thing (or even take better notes during the conversation!).

Nonetheless, we covered looked at how the real estate market would be affected by issues such as banks bailouts, freddie/fannie mac troubles, isues with jumbo loans, REOs, consumer confidence, government actions, sustainable housing, inflation, and much more!   If you’re interested in getting an in-depth look at the real estate market and where things are headed, then you can listen to the entire show right here:

[podcast]http://recordings.talkshoe.com/TC-20339/TS-128183.mp3[/podcast]

UPDATE #2:

There are great conversations going on about this topic on both Rain City Guide and ActiveRain. Also thanks to Jim Duncan, Ardell DellaLoggia, Jonathan Miller, Rhonda Porter and Tom Royce for helping to spread the word!

4realz Roundtable @ 1pm PST: How Appraisal Rule Changes will Affect Real Estate Professionals

[Update: you can now listen to the show below]

I’m downright excited about today’s show!

The plan is to dive into how the Cuomo/Fannie Mae/OCC appraisal rule changes are going to change the mortgage brokerage industry…. and affect real estate professionals in general!

So far, I’ve confirmed that Jonathan Miller of the Matrix will be joining us in addition to the usual suspects at the Roundtable!   I’m excited and hope you’ll follow this link at 1pm today to join the conversation!

UPDATE:

What a great conversation!   We had Jonathan Miller, Rhonda Porter and Jessie Beaudoin at the roundtable today along with a great crew of people listening in and chatting.

Just some of the topics we discussed included (1) an overview of the new regulations, (2) how the changes will affect loan originators and (3) what types of policies should we be looking at to really fix the problems within this segment of the industry.

Thanks again everyone for taking part.  For everyone else, you can listen to the show here:

[podcast]http://recordings.talkshoe.com/TC-20339/TS-128181.mp3[/podcast]

Jessie B is thinking we should be paying more attention to…

…the declining market guidelines that have recently gone (and/or looking to go) into affect.

No surprise that are lots of details, but the summary is that Fannie Mae guidelines now state that “all maximum loan amounts are cut by 5% across the board if your property is in a ‘Declining Property Value Area.’”