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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...
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...
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 6-foot wave washed away a group of spectators leaving them bruised and battered. Well, if you’ve been a spectator all this time on the real estate...
Check out the image and find your state. (If you don’t know what your state looks like, ask a friend or go back to 7th grade geography.) Notice the interesting shades of green. (If you’re color blind, again, ask a friend or guess randomly.) Now this is a map of the severity of the foreclosure...
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