this Makes me Sick, NAR got YOU into this Mess and they are Advising you on Getting OUT. Sick..

NARcasting the Future of U.S. Housing Prices: July 2009

This week, the National Association of Realtors (NAR) provided their latest estimate of annual existing home sales for 2009 revising their 2009 total year sales forecast down to 4.885 million units.
Of course, their chief economist, Lawrence Yun, and current president, Charles McMillan, continue their handiwork carefully spinning the notion of a stabilization in the national housing markets while simultaneously promoting the idea that federal legislation to standardize the home appraisal process is required to maintain any real stabilization…
“First-time buyers also are being drawn off the sidelines by the $8,000 tax credit, which is helping to absorb inventory. However, the increase in sales is less than expected because poor appraisals are stalling transactions. Pending home sales indicated much stronger activity, but some contracts are falling through from faulty valuations that keep buyers from getting a loan.” Yun said.
“To maximize the potential for a housing recovery and subsequent economic recovery, we need realistic appraisals that are based on proper comparisons and done by a local specialist,” McMillan said.
For those of you that don’t recognize it… this talk is the simple framing of an appeal (through RPAC the Realtor political action committee) for action from the federal government to contrive the procedures used to conduct fair-market appraisals of residential real estate.
In an effort to put their absurd bias into perspective I compiled all their existing home sales forecasts for 2007, 2008 and now 2009 into a chart along with a list of prominent quotes supplied with each forecast."

http://seekingalpha.com/article/147174-narcasting-the-future-of-u-s-housing-prices-july-2009?source=feed

Who Cares What LIES the National Association of Realtors is spewing, the have been Flat Out lying to the Real Estate Consumer all along and they have NO accountability for the Lies they tell. I cannot believe that ANY kind of Media still takes NAR serious in any way shape or form.

Time to Hold NAR accountable for Previous LIES that ruined lives.. and in NO WAY listen to the lying advise, bull and unreliable Yammerings of the NAR today.

NAR, Lawrence Yun can say what ever he - they want. The Real Estate Victim, (Consumer) listens and when they lose everything Realtors say Oh well, give it back to the bank or Realtors get to resell it for the distressed homeowner or the Bank or even buy it themselves.

Lies, Lies, a Pack of Lies CONSTANTLY brought to you by the National Association of Realtors. It will NEVER end... STOP Using Realtors.....
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NAR - Your Fired for Violating Public Trust Over and Over Again.

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NAR Propaganda and LIES Posted By Charles McMillan - Crystal Cox Broker Owner Says Look Deeper - NAR does NOT want to Hear from you...

"Give Credit Where It’s Due, Posted By Charles

According to NAR research, the percentage of first-time homebuyers has risen from roughly one-third of all buyers in January to just under half in March and April. Why the sudden jump??
The answer is simple: those buyers have an $8,000 incentive, in the form of a tax credit, to buy now.

We’ve heard from a lot of members lately who would like to see the tax credit expanded.
I recently asked our Chief Economist Lawrence Yun what the impact on the market would be if Congress extended the credit through 2010 and offered it to all homebuyers. According to Lawrence, those changes could result in 800,000 additional home sales this year, raising the total from 5.4 million to 6.2 million. That would certainly take a big bite out of inventory and help stabilize prices.

And, that’s not all…
When you consider that for each home sold in the United States $62,000 is pumped into the national economy, the resulting impact of expanding the credit could be nearly $50 billion. That’s what I call a true economic stimulus!

NAR is working with members of Congress
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to introduce legislation
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that would expand and extend the credit. We will keep you posted on those efforts in the months ahead.

In the meantime, we would love to hear your stories about how the tax credit is helping consumers in your local markets. Post your experiences right here on the Voices of Real Estate blog, and we’ll share them with lawmakers. Help us tell Congress to give credit where it is due – to ALL homebuyers. – Charles McMillan, 2009 NAR President "

Link to Post Below
http://narblog1.realtors.org/mvtype/president/charles_mcmillan/

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What Do you Consumers Think?

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Do you think that this $8000 Credit for first time homeowners is a big deal? Well it sure did bump up SALES, according to Charles McMillan, so it MUST be good. Sure is a GOOD thing that NAR lobbyed / advises ... blah .. blah ... blah.. to get this one in to "stimulate the economy". Translation $8000 is NOTHING, seriously NOTHING, if a mortgage broker is involved that will barely pay the Lending and Mortgage Broker fees of a no money down loan. But that s the point right, just enough to get them in, to pay those PROFESSIONALS and too stimulate the Economy.
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$8000 will not make a down payment, but who cares it gets you in... then the Seller can pay the Realtors 6% so say around $18,000 on a $300,000 Home. Yee Haw, the Realtor gets a big fat pay check. The BUYER gets into another Greedy Grubbing Bad Loan where almost one hundred percent of their monthly mortgage payment goest toward interest and is money to the banker, to the mortgage broker, to the lender and this HUGE debt is an ASSET on the BOOKS of the lender and they can actually use this asset to trade, to get loans, to juggle really BIG money on your DIME... and for decades or until SORRY you lose your HOME.
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Don't let anyone kid you, Realtors want this CRAZY incentive to get them back in the full swing of Selling You Real Estate. You know as well as I do that $8000 won't get you far, but it sure does get a Cha - Ching for a Realtor somewhere.
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This is ONLY to benefit Realtors and buyers may feel great at first, wheeee WE got a home but that will wear off and you will have to sell and the Handy Dandy Realtor will be there to MAKE MONEY again and again off you SITUATION... they GOT YOU IN...
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The Cycle Continues.. this Year Charles McMillan at the Helm...
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NAR working with Congress to CREATE Legislations... Worry Folks, Real Estate Consumers Rise up and Tell NAR to get OUT of your Business. NAR "works" with Congress on what is Good for NAR not for you... unless you just happen to benefit from something they do, it is NOT the PRIMARY goal.... they are Realtors, they are an ASSOCIATION, me as a Real Estate Broker supposedly get to CHOOSE whether I am a Realtor or NOT ... yet NAR - gets to be the Voice Of Real Estate Lobbying, Working with, Advising your Government on what is best for you...

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mean while NAR has no accountability for the agents in your town who Fail to Disclose Known Defects, who committ deliberate and obvious fraud, who violate the Ethics and Standards that NAR so BRAGS about, NAR Fails to police MLS data for QUALITY, NAR does not listen to Honest Law Abiding Broker Owners who try and Really change the real estate industry for the better, NAR does NOT, Cannot or Will NOT do what they promise to do in ANY way, and yet their AGENDA is to "Work with Congress" to supposedly make things BETTER for Consumers ?????

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Consumers NEED to "Work with Congress" and Get Realtors out of the Middle of Their Real Etsate Transaction.
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If NAR cannot even uphold the bylaws, member rules, codes, ethics, standard of practices and other Lying Promises they make to us as Realtors and we in turn Make to Real Estate Consumers then Fire NAR... don't let them work with congress on your behalf.
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Is Congress foolish, did they not see the mass NAR "Agenda" of Buy - Buy - Buy all the while media everywhere talked of an ecoonmy collapse, talked of the secondary market and how bad it really was and yet Realtors said to BUY.. now they are involved with, WORKING WITH CONGRESS, to see what else they can take from the Real Estate Consumer.... who Will STOP NAR ? My guess is no one.
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And you will continue to SUFFER every day for the NAR's lack of holding Realtors accountable for what they do that Takes Your Life as You know it Away Forever while they get to keep on making money at real estate, get away with fraud - lies and deception years on end and NO one is watching. Guess NAR is too busy WORKING WITH CONGRESS to give a Rats Patoot about what is Going on in the Real World of Real Estate that Really affects YOUR LIFE... whatever as long as NAR stays in Business and I mean VERY - very BIG Business.

Posted by the
Real Estate Industry Whistleblower
Crystal L. Cox
Broker Owner
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I am the Voice of The Real Estate Consumer.

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Sallie Mae - Watch Your Back - the Lenders are Coming in for another Swing.

Fannie Mae, Sallie Mae.. this stuff sure seems like an illusion to me.

The Headlines Read, "Sallie Mae to add 2,000 jobs to US in 18 months". So I guess this means 2000 jobs will be created that will hire people to give out loans to keep you in debt.

The Article Read,

"RESTON, Va. – Sallie Mae said Monday that it will bring 2,000 jobs to the U.S. within the next 18 months as it shifts call center and other operations from overseas.
The move is welcome news to the country's jobless, whose numbers have climbed past 13 million.

"The current economic environment has caused our communities to struggle with job losses. They need jobs, and we will put 2,000 of them into U.S. facilities as soon as we possibly can," Chief Executive Albert L. Lord said in a statement.

Aside from call center positions, the nation's largest private student lender will be looking for individuals to fill information technology and operations support roles.

Sallie Mae runs facilities in 20 U.S. locations including Lynn Haven, Fla.; Fishers, Ind.; Wilkes-Barre, Pa.; Killeen, Texas and Newark, Del.

And if the turnout for jobs at its Delaware operations center is any indication, Sallie Mae should brace for a large number of applicants for the new crop of positions. A job fair hosted by the Reston, Va.-based company in December for the Delaware site saw more than 800 attendees and at least 2,300 more apply online. The lender said at the time that it planned to hire 1,100 workers for the facility by the end of 2011.

Sallie Mae, also known as SLM Corp., has more than 8,000 U.S. employees. It manages $180 billion in education loans and serves 10 million student and parent customers.

Shares of Sallie Mae rose 46 cents, or 8.6 percent, to $5.81 in premarket trading."

Creating this many jobs in the lending industry is not for the people, it is to keep you "under thumb", why not grants, FREE education, why enslave the parents - the students with this debt. And at the same time create the illusion of jobs. Sallie Mae is pretty much running on your money anyway. It is funny how you have to pay interest to borrow your own money.

Headline says 2000 jobs, but not until "by the end of 2011". How can this even be NEWS of any kind in the Spring of 2009. Who Cares.. what about Now. They talk about jobless rates as if they are coming into the rescue, Sallie Mae is no part of stopping this economic collapse.

I particular like this statement, "The current economic environment has caused our communities to struggle with job losses." It is is as if the Lenders, the Government, the Realtors and all who played a part in the Economic Collapse are innocent. They are regrouping to take another swing at you. Sallie Mae is a lender, you borrow against you house and anything that you can in order to get your kids through college, Sallie Mae Helps you... NOT.

The Economic Environment did not cause the job loss, the lenders, the secondary market, the mortgage brokers, the Realtors did. The huge issues of real estate double and tripling over the last decade, and lenders knowingly allowing loans for over the "real value" and the Realtors data led to Mortgage Brokers and Appraisers in on the ride, and then the loans were SOLD in the secondary market, and this was a very HUGE part of Wall Streets financial woes. The "value" was an illusion and the lenders let it happen again and again, "values" falsely rose and rose and Duh, Collapse.

Read Confessions of a Sub-Prime Lender or Diary of a Mortgage Broker and know that the Lenders knew they were allowing loans to go through at 10% and more above the value they knew a property to be. No one was looking over their shoulders, no one was and no one is policing them. In my neck of the woods Mortgage FRAUD is legal, I am a real estate Broker Owner, I have told the Montana Banking Division, the Dept. of Justice, the FBI and no one cares. So as the money starts to flow again and the loans come you way, just be wide awake because nothing has changed in the Real World of Real Estate and Lending.
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And there is no change in sight for the way Realtors practice real estate. No one seems to even be talking about the Realtors role in the Financial Collapse. But where do you think the Lenders got their SOLD data that they based those loans on, it was from the REALTORS MLS and no one watches that data to make sure it is accurate. No one even tries, not even a little.
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More on the Disaster of the Real Estate Industry at
My Real Estate Industry Whistle blower Blog.

www.RealEstateIndustryWhistleblower.com

Article Source

http://news.yahoo.com/s/ap/20090406/ap_on_bi_ge/sallie_mae_jobs

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Crystal Cox Montana Broker

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Realtors, NAR, is still trying to Pretend they are Part of the Solution ..

Why Doesn't the National Association of Realtors just sit down and shut up. They are coming to your rescue, more like NAR is pretending to in the media and the arepushing their "political clout" - "political agenda" on your law makers to take action that really is not best for the real estate consumer.
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The Realtors pretending to be part of the fix for Economic Issues that they in a BIG part helped to create is quite a joke.
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While your losing your home, while your home is worth way less then when your Realtor talked you into buying it, the Realtors are still making the same wages.
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Don't buy into the New Realtor games, they are no pretending to Get Technolgy, you don't need to use a Realtor to Sell your Home. The Internet is there for you to sell your home for FREE. Pretty much all buyers are looking online for what you have to sell, and the Realtors are in direct competition with you. If you sell as a FSBO the Realtors Loses and you have more protection.
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Selling without a Realtor is Really in Your Best Interest.

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Crystal Cox Ex-Realtor
Real Estate Broker Owner.

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www.RealEstateIndustryWhistleblower.com

crystal cox montana

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