{"id":6382,"date":"2011-03-11T15:42:44","date_gmt":"2011-03-11T20:42:44","guid":{"rendered":"https:\/\/bhgrealestateblog.com\/?p=6382"},"modified":"2024-12-30T11:13:09","modified_gmt":"2024-12-30T16:13:09","slug":"week-in-review-what-we-liked-from-the-week-that-was-18","status":"publish","type":"post","link":"https:\/\/bhgrecareer.com\/bebetterblog\/week-in-review-what-we-liked-from-the-week-that-was-18\/","title":{"rendered":"Week in Review: What We Liked From the Week That Was"},"content":{"rendered":"<p style=\"text-align: justify\">This weekend, please remember to \u201c<a href=\"http:\/\/www.naplesnews.com\/news\/2011\/mar\/11\/daylight-saving-time-change-clocks-smoke-alarm-bat\/\">spring forward<\/a>\u201d your clocks to Daylight Savings Time. Fortunately, there has been no springing forward of foreclosures.\u00a0 Some believe that increased pressure from <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703883504576186981894402142.html?mod=WSJ_RealEstate_LeftTopNews\">state attorneys general<\/a> on lenders to address laws violated when they processed foreclosures may have caused the <a href=\"http:\/\/money.cnn.com\/2011\/03\/10\/real_estate\/february_foreclosure_realtytrac\/index.htm\">dramatic 27 percent decrease<\/a> of filings last month compared to a year earlier.<\/p>\n<p style=\"text-align: justify\">What <em>could<\/em> use a spring forward, however, are <a href=\"http:\/\/www.latimes.com\/business\/la-fi-short-sales-20110307,0,6800709.story\">short sales<\/a>.\u00a0 According to the <a href=\"http:\/\/www.ocregister.com\/articles\/estate-291142-sell-lenders.html\">California Association of Realtors,<\/a> fewer than three out of every five short sale offers in the Golden State result in a sale.\u00a0 Although this survey was California-specific, experts in many other states have reported similar situations, calling attention to what they dub a \u201cflawed\u201d process.<\/p>\n<p style=\"text-align: justify\">Perils of this imperfect process may soon be featured in <a href=\"http:\/\/www.businessweek.com\/ap\/financialnews\/D9LP9G600.htm\">advertisements<\/a>. In an aggressive tactic, homebuilders have started to call attention to the negatives of buying foreclosed homes versus new.\u00a0 For example, being prepared to face unknown repairs from damage found in foreclosed homes.\u00a0 Do you think this tactic will be effective?<\/p>\n<p style=\"text-align: justify\">Ever wonder which state in America is the <a href=\"http:\/\/www.cbsnews.com\/8301-504763_162-20041062-10391704.html\">happiest?<\/a> According to Gallop\u2019s well-being survey, <a href=\"http:\/\/www.civilbeat.com\/posts\/2011\/03\/08\/9476-hawaii-is-the-happiest-state-in-america\/\">Hawaii tops the list<\/a> (yes, l am in a great mood around white sandy beaches and crystal clear water, who isn\u2019t?)\u00a0 Wyoming\u2019s big sky earned the state the second place slot, while North Dakota, Alaska and Colorado rounded out the top five.\u00a0 Did your state make the list?<\/p>\n<p style=\"text-align: justify\">The results inspired <em>The New York Times<\/em> to find the <a href=\"http:\/\/economix.blogs.nytimes.com\/2011\/03\/07\/the-happiest-man-in-america-annotated\/?src=busln\">happiest person<\/a> in the world based on <a href=\"http:\/\/www.huffingtonpost.com\/2011\/03\/08\/the-happiest-man-in-the-w_n_833098.html\">factors correlated with high levels<\/a> of well-being. Gallop determined that the title would go to an Asian-American male, who is a religious Jew, self-employed, living in Hawaii, married, has children and receiving a household income of at least $120,000. Meet<a href=\"http:\/\/www.latimes.com\/health\/boostershots\/la-heb-happiest-man-state-20110308,0,382992.story?track=rss\"> Alvin Wong, <\/a>the happiest person in the world. What a title!<\/p>\n<figure id=\"attachment_6383\" aria-describedby=\"caption-attachment-6383\" style=\"width: 300px\" class=\"wp-caption alignleft\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-6383\" title=\"5th Ave\" src=\"https:\/\/bhgrecareer.com\/bebetterblog\/wp-content\/uploads\/sites\/11\/2011\/03\/5thave-300x196.jpg\" alt=\"\" width=\"300\" height=\"196\" \/><figcaption id=\"caption-attachment-6383\" class=\"wp-caption-text\">New York\u2019s Fifth Avenue made the list of the top 10 most exclusive streets in the world<\/figcaption><\/figure>\n<p style=\"text-align: justify\">While we are on the subject of cheerfulness, owners need to keep their homes (and wallets) in high spirits. As a reporter with <a href=\"http:\/\/realestate.msn.com\/slideshow.aspx?cp-documentid=27922276\">Bankrate.com <\/a>points out, neglecting home repairs that would cost $200 or $300 today could result in \u201cexpenditures of $3,000 or even tens of thousands next month.\u201d Yikes.<\/p>\n<p style=\"text-align: justify\">At $60,000 per square meter, it is no surprise that <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704268104576108063020410374.html?mod=WSJ_RealEstate_LeftTopNews\">New York\u2019s Fifth Avenue <\/a>made the list of the top 10 most exclusive streets in the world.<\/p>\n<p style=\"text-align: justify\">I am off to Austin, TX for SXSW Interactive.\u00a0 I will be blogging from the event for <a href=\"http:\/\/www.inman.com\/\" target=\"_blank\" rel=\"noopener\">Inman News<\/a>.\u00a0 Please check it out \u2013 and comment &#8211; if you get a chance!<\/p>\n<p style=\"text-align: justify\">In closing, our thoughts are with the residents of Japan, Hawaii and all areas threatened by the earthquake and <a href=\"http:\/\/latimesblogs.latimes.com\/lanow\/2011\/03\/tsunami-warning-pacific-northwest-japan-earthquake.html\">tsunami.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This weekend, please remember to \u201cspring forward\u201d your clocks to Daylight Savings Time. Fortunately, there has been no springing forward of foreclosures.\u00a0 Some believe that increased pressure from state attorneys general on lenders to address laws violated when they processed foreclosures may have caused the dramatic 27 percent decrease of filings last month compared to [&hellip;]<\/p>\n","protected":false},"author":181,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[731,1031,1721,1821,2551,2811,2941,3241,6701,10891,12451,15371,15981,18061,21091,22031,23831,37601,40731,42011,42751,42971,44161,47331],"class_list":["post-6382","post","type-post","status-publish","format-standard","hentry","category-commentary","tag-5th-avenue","tag-advertisement","tag-alvin-wong","tag-american","tag-asian","tag-attorney-general","tag-austin","tag-bankrate-com","tag-california-association-of-realtors","tag-daylight-savings-time","tag-earthquakes","tag-foreclosures","tag-gallop","tag-hawaii","tag-inman-news","tag-japan","tag-lenders","tag-sales","tag-spring","tag-sxsw","tag-texas","tag-the-new-york-times","tag-tsunami","tag-wyoming"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Week in Review: What We Liked From the Week That Was - Better Homes and Gardens Real Estate Be Better Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhgrecareer.com\/bebetterblog\/week-in-review-what-we-liked-from-the-week-that-was-18\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Week in Review: What We Liked From the Week That Was - Better Homes and Gardens Real Estate Be Better Blog\" \/>\n<meta property=\"og:description\" content=\"This weekend, please remember to \u201cspring forward\u201d your clocks to Daylight Savings Time. 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