{"id":9293,"date":"2009-07-24T08:45:06","date_gmt":"2009-07-24T15:45:06","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=9293"},"modified":"2009-07-24T08:45:06","modified_gmt":"2009-07-24T15:45:06","slug":"whats-an-exit-strategy-and-why-does-it-matter-to-the-housing-market","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9293\/whats-an-exit-strategy-and-why-does-it-matter-to-the-housing-market\/","title":{"rendered":"What&#8217;s an &#8220;Exit Strategy&#8221; and why does it matter to the housing market?"},"content":{"rendered":"<p>I originally wrote this and posted it on my new site, <a href=\"http:\/\/straighttalkthebiggerpicture.com\" target=\"_blank\">Straight Talk About Mortgages &#8211; The Bigger Picture<\/a>, but I&#8217;ve been urged to post it here as well.\u00a0\u00a0\u00a0 So, I&#8217;m doing that.\u00a0\u00a0 Why have I set up another site?\u00a0\u00a0 It&#8217;s pretty simple&#8230;..<\/p>\n<p>The financial and real estate world that we are in are much more complex than most of us have ever experienced in our life times.\u00a0\u00a0 As part of what I&#8217;m going to be rolling out soon which I&#8217;m calling,<em><strong> &#8220;Straight Talk Lending,&#8221;<\/strong><\/em> I believe that it&#8217;s important that people have the an understanding of the bigger issues that are and potentially will be influencing their business, lending and real estate decisions.<\/p>\n<p>Typically once a week, I&#8217;m going to take an issue and dive into it on a much deeper level.\u00a0\u00a0 The opportunity to explore what it really means and how it&#8217;s going to impact the mortgage and real estate worlds is an exciting challenge and I hope it will be beneficial for many others as well.<\/p>\n<p>Tom Vanderwell<\/p>\n<p>Now for the post that I wrote:<\/p>\n<div id=\"post-51\" class=\"post\">\n<h1>What is an Exit Strategy? and Why Does It Matter to the Housing Market?<\/h1>\n<div class=\"meta\">\n<div class=\"date\">Thursday, July 23, 2009<\/div>\n<p>By admin<\/p><\/div>\n<div class=\"entry\">\n<p>Okay, anyone who has watched the news, or at least the financial news in the last week, especially after Bernanke\u2019s testimony before both the Senate and the House has heard talk of an \u201cExit Strategy.\u201d\u00a0\u00a0\u00a0 I think that it would be well for us to take a few minutes and look at a couple of questions relating to that issue:<\/p>\n<ul>\n<li><strong>What is an \u201cexit strategy?\u201d <\/strong><\/li>\n<li><strong>Why is an exit strategy necessary? <\/strong><\/li>\n<li><strong>What does it mean for the housing and mortgage markets? <\/strong><\/li>\n<li><strong>What should I do to prepare myself and\/or my clients for what\u2019s coming?<\/strong><\/li>\n<\/ul>\n<p>Before we get into those questions, here\u2019s a clip from Bloomberg that talks about an exit strategy and what Bernanke might be thinking and planning.\u00a0\u00a0 This interview was done last week and was looking forward to Bernanke\u2019s testimony this week.<\/p>\n<div id=\"scid:5737277B-5D6D-4f48-ABFC-DD9C333F4C5D:28511abb-8e3b-4201-8050-6d05bb60bc8b\" class=\"wlWriterEditableSmartContent\" style=\"margin: 0px; padding: 0px; display: inline; float: none;\">\n<div><object width=\"425\" height=\"355\" data=\"http:\/\/www.youtube.com\/v\/AdRMJcYezW8&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;feature=player_embedded&amp;fs=1&amp;hl=en\" type=\"application\/x-shockwave-flash\"><param name=\"src\" value=\"http:\/\/www.youtube.com\/v\/AdRMJcYezW8&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;feature=player_embedded&amp;fs=1&amp;hl=en\" \/><\/object><\/div>\n<\/div>\n<p>Now, time to dig into the details of it.\u00a0 <strong>What is an exit strategy?<\/strong> It\u2019s pretty simple:<\/p>\n<p><strong><em>How in the world is the government going to get out of owning an <a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9293\/whats-an-exit-strategy-and-why-does-it-matter-to-the-housing-market\/#more-9293\" class=\"more-link\">Read more<\/a><\/em><\/strong><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I originally wrote this and posted it on my new site, Straight Talk About Mortgages &#8211; The Bigger Picture, but I&#8217;ve been urged to post it here as well.\u00a0\u00a0\u00a0 So, I&#8217;m doing that.\u00a0\u00a0 Why have I set up another site?\u00a0\u00a0 It&#8217;s pretty simple&#8230;.. The financial and real estate world that we are in are much [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[5],"tags":[],"class_list":{"0":"post-9293","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":5011,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5011\/peter-schiff-our-leaders-irrationally-promoted-home-buying-discouraged-savings-and-recklessly-encouraged-borrowing-and-lending-which-together-undermined-our-markets\/","url_meta":{"origin":9293,"position":0},"title":"Peter Schiff: &#8220;Our leaders irrationally promoted home-buying, discouraged savings, and recklessly encouraged borrowing and lending, which together undermined our markets&#8221;","author":"Greg Swann","date":"October 16, 2008","format":false,"excerpt":"Peter Schiff in the Washington Post:Amid the chaos of recent days, as the federal government has taken gargantuan steps to stabilize the financial markets, realigning the U.S. economic system in the process, comes a nearly universal consensus: This crisis resulted from government reluctance to regulate the unbridled greed of Wall\u2026","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1192,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1192\/who-should-care-about-tighter-lending-guidelines\/","url_meta":{"origin":9293,"position":1},"title":"Who should care about tighter lending guidelines?","author":"Greg Swann","date":"March 22, 2007","format":false,"excerpt":"You should. Why? For one thing, this may be the year of the landlord. Tom Royce at The Real Estate Bloggers cites Michael Cook's investing posts. I would draw your attention to Jeff Brown's investment advice as well. This might be your year to pick up a few buy-and-hold rentals\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1794,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1794\/congressional-leadership-on-lending-policies-what-is-crisis-itis\/","url_meta":{"origin":9293,"position":2},"title":"Congressional &#8220;leadership&#8221; on lending policies: What is &#8220;crisis-itis?&#8221;","author":"Greg Swann","date":"August 13, 2007","format":false,"excerpt":"The Conspiracy to Keep You Poor and Stupid, which should be in your feed-reader -- especially right now:What is \u201ccrisis-itis?\u201d It is my own diagnosis. It is a form of dementia where the inflicted believes his or her own self worth rises as the situation he monitors worsens. In all\u2026","rel":"","context":"In &quot;Lending&quot;","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10089,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10089\/why-i-write-on-straight-talk\/","url_meta":{"origin":9293,"position":3},"title":"Why I write on the Bloodhound Blog\u2026.","author":"Tom Vanderwell","date":"October 15, 2009","format":false,"excerpt":"and on Zillow\u2019s Mortgages Unzipped Blog and on the Straight Talk About Mortgages. I was asked that question the other day and the answer I gave surprised the person who asked it.\u00a0\u00a0 I found that intriguing, so I thought I\u2019d share both the question and the answer. Why do I\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9803,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9803\/real-estate-investors-its-time-to-come-out-of-hibernation\/","url_meta":{"origin":9293,"position":4},"title":"Real Estate Investors: Its Time to Come Out of Hibernation","author":"Cooksquared","date":"September 19, 2009","format":false,"excerpt":"Is it time to start investing in real estate again? \u00a0 First positive sign, I am writing again.\u00a0 While I write that half-jokingly, there really has not been a lot to write about for the past six months.\u00a0 My previous advice was to take shelter and start researching the markets.\u00a0\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4872,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4872\/should-walmart-sell-real-estate\/","url_meta":{"origin":9293,"position":5},"title":"Should Walmart Sell Real Estate?","author":"Thomas Hall","date":"October 9, 2008","format":false,"excerpt":"It appears that Coldwell Banker may be following the Walmart approach to real estate pricing - recommending that sellers cut their home prices 10% across the board - not locally, but nationwide.\u00a0 I can't help but find the similarity to the McCain approach to cut government spending - simply freeze\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=9293"}],"version-history":[{"count":3,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9293\/revisions"}],"predecessor-version":[{"id":9296,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9293\/revisions\/9296"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=9293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=9293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=9293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}