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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...
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?...
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...
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...
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...
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...
I read an amazing article that captures an amazing message for people everywhere. A lot of life’s most important lessons are learned only while your living it so it’s a...
Here’s a comparison you don’t hear very often: the home-buyer tax credit versus European debt crisis, earthquakes in Japan, and debt ceilings. I just wouldn’t have put all those in...
We’ve reached that special month of May when the year turns serious and kicks into high gear. The weather is warmer (minus some freak NE cold spells), production is higher,...
February was a good month if you’re a house – your average value went up. It might just be a temporary thing but I say milk it for all it’s...
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 going up any time soon either. With all of the foreclosures...
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 this took them completely by surprise. The Obama administration is thinking...
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 its highest level in the past two decades. And it’s been this high for the last year...
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 mortgages.) So how did this happen? Did home prices go up? Did more people pay...
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 it? Take the latest July numbers...
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 July. Everyone expected sales to drop since the...
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 for us to say to Washington “No...
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 THREE houses Kenny Rushing is giving away. These are nice houses in good areas, and he’s even paying the...
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 was the first time in 3 years that the rate fell. But we’re...
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 in when you’re in business, whether it be Short Sales, Real Estate or...
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