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,...
