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30
May

This is Really Funny!

Instead of bringing you the news, here’s a light-hearted look at some of the funniest quotes about the economy. These quotes should convince you that the “experts” are just not qualified to open their mouths. Enjoy! - Government’s view of the economy could be summed up in a few short phrases: If it moves, tax...

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28
May
Rising Values and Rising Rents

Rising Values and Rising Rents

Home values are up and with them come . . . rents! Yeah, the good, the bad and the ugly in real estate. Home values are looking up in many parts of the country (0.7% on average but as high as 1.9% in some areas). But that increase means rental prices are also climbing. Actually...

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24
May
Why Are You Still Underwater?

Why Are You Still Underwater?

Do you know what “Paper Loss” is? Is it a message you might see displayed on a printer? Is it how newspapers grieve? Or is it something totally different? (Enough with the joking, Cory! People haven’t had coffee yet so they’re probably not even laughing!) Paper loss is actually what the banks are claiming you’ve...

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23
May

How Dumb Is Congress?

We all knew Congress was getting dumber, but did you know you can actually put a number on dumbness. It’s true! Some people with a little too much time on their hands took the trouble to study our nation’s Congress and figure out just how dumb they’ve gotten. I assume they walked into this “study”...

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21
May

BofA and Short Sale Cash

All the hassles and pains of doing a short sale . . . well, they still exist, unless you choose to use a professional. But at least as far as the lender is concerned, particularly Bank of America, things might be getting a little easier. They’ve implemented some new policies, and have even begun offering...

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18
May
Gains for Some, Losses for Others

Gains for Some, Losses for Others

Remember when people told you that the recovery will see gains of 3 to 3.5 percent? That prices are going to look pretty good in the next couple of years? So they were right – sorta. It actually depends on where you live. Because you’ve got to remember, gains of 3 percent are the average....

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16
May
Economy Looking Up

Economy Looking Up

There are some new stats coming out about how we’re doing, but first, let’s dispense with some rumors. Our Congress has definitely not gone the way of Greece, our leaders haven’t lost our confidence (well, I guess that’s debatable) and our currency is not crumbling before our eyes (so to speak). So we’re definitely not...

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14
May
Short Sale Opportunities in Florida

Short Sale Opportunities in Florida

Good old Florida is turning out to be pretty scrappy after all. Since being one of the hardest hit areas of the country by the “downturn” they were projected to come in dead last when it comes to recovery. But it turns out that according to the lastest reports things are picking up faster than...

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11
May

I Bet You Didn’t Know This…

There’s nothing quite like learning something new, even if it’s really absurd trivia. But hey, these are important fun facts that you can use in everyday conversation, or to open a speech if you’re feeling a bit adventurous. So check out these little known facts and then add some of your own in the comments...

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09
May
Principal Reductions are in the Mail

Principal Reductions are in the Mail

Your check may be in the mail. That’s right, not a Publisher’s Clearinghouse one, but free money is free money so don’t ask questions. Bank of America will be mailing out more than 200,000 letters telling borrowers that they are eligible for principal reductions on their mortgages. Three requirements: 1) Be underwater 2) Be 60...

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