In 64% of metro areas, it’s more worthwhile to buy than to rent. If that kind of stat doesn’t blow you off your feet than you haven’t been paying enough...
How hot and fierce is the competition for homes in your area? Do you think it’ll be a hard fought battle to stake your claim to a piece of property?...
We all know that Short Sales can unfortunately get a bad rap because of fraud. There are lots of low down dirty people out there just trying to make a...
I was just reminded about something really interesting and it’s a cool perspective on something we take for granted. We all assume that as the economy improves we can expect...
The entire country is simply shocked over the news that came out of Cleveland. 3 young girls were kidnapped over a decade ago and have been held captive under lock...
You might find this hard to believe, but house flipping can still be a lucrative business. A lot of people will tell you that the days of fat profits are...
If you’ve never heard of HomeVestors, consider yourself lucky. If you have money with HomeVestors I advise you to pull up stake and get your money into a mayonnaise jar...
If you had a home in foreclosure in 2009 or 2010, and your mortgage was serviced by Goldman Sachs or Morgan Stanley, I’ve got some good news for you. Your...
Here’s the crazy thing about the housing market: every other week another group takes center stage. It really seems like everyone wants a piece of the pie (why don’t you???)...
I’m gonna get right to the point here. If housing price trends continue this year, almost 2 million homes will come out of negative equity. That’s a really sizable chunk...
You might find this hard to believe, but house flipping can still be a lucrative business. A lot of people will tell you that the days of fat profits are over. But with some hard data it’s tough to argue that there are places to make a killing. Some folks put together a handy list...
One of the biggest challenges to understanding where the real estate market is going is understanding where it’s coming from. Sure some people think they have the whole picture, but is that really possible? Here’s how far some people are willing to go just to get some “perspective.” I read about a group of researchers...
Since hurricane season is underway some of the doomsmen are getting underway too. They’re pulling out all the stops this year telling the country exactly what our exposure is along the Gulf and Atlantic coasts if we get hit with a bad storm. Actually, that’s not even true, the most intense predictions say that even...
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 come in dead last when it comes to recovery. But it turns out that according to the lastest reports things are picking up faster than...
You know how Congress seems to have a big problem compromising? The two parties can’t seem to both get behind something because of “irreconcilable differences”? Well, it seems Florida has caught the unreasonable bug. You see, Florida had this need foreclosure mediation program. I say “had” because as you’ll see the program has been laid...
Okay, be honest, do you really have millions of dollars stashed away just waiting for the right (crazy)investment scheme to come along? Have you been hanging onto your hard earned cash in this tough economy because you’re just waiting for your moment to waste it all? Probably not. No, if you’re like most Americans you’re...
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...
Okay, true or false: 31% of all home sales in the first quarter of 2010 were foreclosures. You’re thinking it’s true, right? I mean, why would I make up such shocking numbers for no reason? Well, you’re right. It’s actually true. Though pretty unbelievable. What’s even more amazing is that prices for distressed properties were...
I’m thinking of changing my name to California. Think it’s a good idea? I just heard the US government is giving California $700 million to fight foreclosures. So maybe I can pull a fast one and get the money deposited in my account. After all, who helps fight foreclosure more than me? Though, if I...
Did you ever notice how things have a way of balancing out? You know, things go down just as something else goes up. It’s always funny when it works out that way, but it really makes a lot of sense. Take the latest news about home prices, for instance. The tax credit for first time...
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