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I think most of us would agree that the mortgage industry could do with some more transparency. The murky workings of the underworld of billions of dollars of loans can...
Did you know this week we're going to see another Black Friday? No, don't run out and pick up that weed whacker you've always wanted, it's not that kind of...
Remember that program, you know, the one that was supposed to help every underwater borrower all over the country but ended helping under 1 million? What was that called again?...
Believe it or not (oh yeah, you should believe it) there's controversy surrounding the President's latest plan to mess with the housing market. As he announced in his State of...
Watch out everyone! There are less homes for sale now than there were last year. Um, okay that may not be the scariest announcement you've ever heard. And there are...
I always encourage people to put a positive spin on a bad situation. If it's something you've got to learn to accept then why not embrace it and move on?...
I've been hearing a lot of talk in the comments section about the pressing need to pursue principal reductions for underwater homeowners. Apparently this blog gets more attention than I...
Let's say you've got a good friend who's been with you a long time. And you know that every single time he gives you advice it ends up being BAD...
It looks like Michigan is getting tough, or at least trying to look the part. As the entire country has been reeling from the repeated shocks the housing system, Michigan...
Every time I see big shots in Washington arguing with each other I get excited. No, I don't get excited because I think they'll eventually come to an agreement. What...
According to a recent study, 75% of metro areas had increases in foreclosures this year. It may be an early warning sign that the "recovery" is still pretty fragile. But it could still all depend on which way unemployment swings. Keep in mind,...
I feel like a broken record, always talking about how home prices are going up, but also going down, but also kind of the same. I guess this track on the record doesn't really make a lot of sense. Take the June figures for example. Sales fell...
Now that Obama has signed the Dodd-Frank bill into law, someone should actually go ahead and read it, don't you think? I mean, it's 2,300 pages of finance reform. Not exactly edge-of-your-seat entertainment. Though it may actually impact your...
So what did the home-buyer tax credit do for us? And what did it do for the country? Here's one potential problem: the elevated volume of transactions may have skewed the market. Re/Max reported that June levels are still up from a year ago,...
It's official. New financial regulations have been passed by Congress. This is supposed to be the biggest thing since sliced bread, or the New Deal, either one. It's 2300 pages long and somewhere in there is supposed to be some answers. I'm not...
1.65 Million and counting. That's how many homes have received foreclosure notices this year. In case you didn't remember, this year is only half over! We've got six more months of ... well, hopefully less people losing their homes, right? If...
HUD's now selling homes at discounted prices! Let's cash in on the excitement now! Oh, wait a minute, they're only selling at a discount to the government and NPOs! So far the program is only temporary, but this homes will be marketed to...
Well, folks, seems prices kept on rising right through June. Clear Capital reports that because of the left-over effects of tax credit prices are up 8.8% over last June. Then I see a quote from a whole bunch of people who are cheering and...
I have been watching your posts and reading your emails. You think I'm too busy to do that, but I'm not. I make it a priority to read as many as humanly possible because I know you are crying out for help and looking for direction in the world...
Wow, tough news coming out today. Pending home sales were way down in May, according to the National Association of Realtors. It's basically attributed to the expiration of the homebuyer tax credit. Their measure of pending home sales dropped...
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