Free Game Real Estate Podcast

178 From Highest and Best to Short Sales: The Hidden Housing Market Crisis


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What happens when the shiny promise of homeownership collides with the harsh reality of market cycles, and how can 28 years of real estate experience help navigate the storm that's brewing in today's housing market?

In this eye-opening episode of Free Game Friday, hosts Terence Guess and Ed Averette are joined by veteran real estate broker Myra Logan, who brings nearly three decades of experience to dissect the current housing market crisis. The conversation reveals a sobering reality: the homebuyers who participated in the "highest and best" bidding wars of recent years are now facing foreclosures and short sales as they find themselves underwater on their mortgages. Logan provides insider insights into the foreclosure process, loan modifications, and the critical importance of working with experienced professionals. The discussion also tackles the proliferation of inexperienced agents in the industry and how misinformation on social media is affecting both consumers and legitimate professionals. This episode serves as both a reality check and a masterclass in understanding the true complexities of real estate beyond the glossy marketing.

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Free Game Real Estate PodcastBy Free Game Real Estate Podcast