2010 August
 
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Featured Post

Too Many Homes

Too Many Homes

How long do you think it'll be until demand for homes outstrips supply? Half a year? 1 year? If your friends have been telling you the recession is over, tell them this. The balance won't be restored until 2012! That means prices won't be...

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Tax Credit Coming Back?

Tax Credit Coming Back?

The evidence so far clearly shows that the surge in home sales in the first 2 quarters was completely due to the tax credit. So the slow down over the summer shouldn't have come as a surprise to anyone. Well, except the government. Apparently...

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More Home Prices Affordable

More Home Prices Affordable

Have you heard of the Housing Opportunity Index? It was developed by the National Association of Home Builders and Wells Fargo to measure how affordable housing is around the country. Well, they're reporting that housing affordability is near...

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Underwater Homes Down

Underwater Homes Down

Two quarters in a row the number of homeowners classified as "underwater" has declined. That means that "only" 11 million homeowners owe more than their homes are worth. (In case you were wondering, that's 23% of ALL residential properties with...

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Mortgage Defaults – First or Second?

Mortgage Defaults – First or Second?

It seems some numbers are up while some numbers are down. That seems to be the norm in this crazy economy. If you look at things one way the glass seems half full. But looked at another way, you can see the glass is half empty. So which is...

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Home Sales Drop in July

Woah, harsh news being reported by the NAR. I know it's hard to be the bearer of bad news, but I'm pretty sure we all want to take out our frustrations on them. Their study reveals that sales of previously owned homes fell 27.2% from June to...

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HAMP’s Abysmal Failure

HAMP’s Abysmal Failure

You know the government loves to dish out "I told you so" like it's all they know how to say. You find a single company stepping out of line and suddenly Washington comes down on them with God's wrath saying "We told you so." So now it's time...

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A Video You Can’t Miss

A Video You Can’t Miss

Have you been wondering how real millionaires manage to make so much profit in the real-estate business?. Watch the video above then click below to find out for FREE. You can also win one of the...

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Delinquencies Down Again

Delinquencies Down Again

Delinquency rates have fallen again for the second straight quarter. That means the number of people more than 60 days behind on their mortgage payments is less than it was last quarter. Now it's holding at 6.67%, down from 6.77%. Last quarter...

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Overcoming Fear To Be A Success

Overcoming Fear To Be A Success

Sometimes the strategy you take in business can mean a 'life or death' situation. There is always the fear when taking a risk that it might backfire and you could lose absolutely everything. This is the situation you can sometimes find yourself...

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