I woke up this morning and just about jumped out of bed. Okay, I actually did jump out of bed. And do you know why? Because this is the first...
Don’t expect housing prices to decline again any time soon, according to Barclays. They claim that the stabilization that has begun to creep in is here to stay. However, we...
Obama must have had too much to drink at last week’s power lunch about health care. Apparently, he’s still drunk! Just listen to the latest scheme he’s come up...
“History will be kind to me, for I intend to write it.” Winston Churchill I recently told you about Citibank’s new plan to allow delinquent borrowers to remain in their homes for...
Yes, short sales are definitely on the rise. This shouldn’t come as news to you, but the media and US gov’t are just catching on. Short sales accounted for...
Obama broke the bank this week, pledging $1.5b in aid to distressed homeowners. This money will go to help those unemployed and anywhere that housing prices have fallen 20%...
According to the latest report released by Freddie Mac (are they still in business??) over 95% of 4th quarter refinances last year were fixed-rate loans. This was true regardless...
I don’t know if you caught the (non-real estate) news this weekend, but a rogue wave at a Calif. surfing competition got some spectators into the action. Apparently a...
Citi’s mortgage branch is facing a massive amount of foreclosures. They’re so desperate they’ve launched a new initiative. The will allow defaulters to remain in their homes for 6 months....
According to a study released by the Urban Land Institute the “old normal” of building demand is changing. They predict that the demands of the future housing market will...
Captain Cory beamed aboard, his face glowing. He turned to Ensign Chekhov and said, "Mr. Chekhov, plot a course to take us back through the wormhole. Our work here is done. Next stop, 2438!" Cory sat back in the captain’s chair with a smile. Their unfortunate situation, being stranded at the brink of 2010,...
Cory, captain of the USS Enterprise, paced the bridge nervously. He had recently been promoted to captain, but was still finding the role a bit much to fill. He had been assigned by Starfleet Command the dangerous ...
Well, well, well, 2009 is winding down and of course it’s time for a little reflection. You just can’t help looking back over the year and seeing how different things are now than when the year came in. I guess...
Here’s news that sure to shake up the industry! Here’s the break down: We’ve known all along that the short sale is going to save the economy, the housing market, the credit system, end hunger, bring world peace, joy to...
First American CoreLogic released data on Thursday indicating that 1.7 million REO’s and potential foreclosures hadn’t hit the market by the end of the third quarter. Based on the current sales pace, it’ll take 3.3 months to get rid of all...
I know you’re concerned about the housing market. Everyone is and, let’s be honest, no one is really sure where things are going to go. But I thought I’d lift your spirits just a bit with this little piece of...
No, I’m not talking about the hit TV show. I’m referring to the results of a new survey released by RealtyTrac regarding buyer enthusiasm towards buying foreclosed proper- ties. The latest study shows that 43% of buyers are...
When you’ve got more money than you expected, what do you do with it? Do you: (A) Save it for a rainy day (B) Spend it on something really extravagant (C) Give it to charity (D) See how many dollar bills you ...
Congress is moving at light speed to get legislation in before the holidays. The latest measure to pass is a sweeping bill that will restructure government economics and oversight. This bill is designed ...
You know what I mean… Are you eligible for a loan modification? If you’re like me, you have absolutely no freakin idea! I mean, what are the government’s rules anyway regarding HAMP? I mean if you think you’re having ...
