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...
Okay, this is the most ridiculous one I’ve ever heard. A new report came out claiming that foreclosures are actually good for the housing market. Yep, in another amazing conspiracy theory, the report claims the banks actually create delays in foreclosure resolution on purpose to help their balance sheets. It’s just amazing! So first of...
Since the Mayan predictions didn’t seem to work out for the end of the world, we’ve taken to reporting on a different kind of prediction. I’m talking of course about the housing market and how despite the uncertainty more and more people are getting optimistic. Here are some things to keep in mind this coming...
Everyone out there who likes to talk about the real estate market likes to show off his or her own spin on what’s most important to look at. You can easily get overwhelmed with people telling you to focus on housing starts, home prices, unemployment, housing permits, loans, foreclosures, defaults, etc. Then you can go...
A new, fascinating, mind blowing, game changing study was just released. Did I get you interested yet? Sorry to disappoint you but that was pretty much all sarcastic. There really was a study but I consider it mostly a bunch of … well, you’ll see. Home prices, the study goes, are actually on the rise....
I’m going to have to break some bad news to you. And I know you don’t want to hear anything depressing. But I’m a guy who tells it to you straight and I don’t like to raise unreachable expectations. So let’s get serious for a second: the recovery is going to take a long time...
Watch out everyone! There are less homes for sale now than there were last year. Um, okay that may not be the scariest announcement you’ve ever heard. And there are still almost 2 million still out there. So if you’re shopping around, fear not, you’re bound to find something. And apparently there’s no rush either...
Mmmmm, the word liquidated just sounds delicious, doesn’t it? It makes me think of good food cheap. I’m not sure why but that’s just the impression I get. But I’m sure for most of the country the term leaves a really sour taste in your mouth. Liquidated means people losing homes and banks cutting losses....
This “Occupy” craze is really sweeping the nation, isn’t it? From North to down and from East to the other side it’s become the popular movement that’s got big business worried. Now the cause has spread to our industry and I think it’s worth talking about. Now don’t jump to conclusions here. I’m always willing...
As anyone with his finger on the pulse of the industry knows, homes are being bought. What’s taken S&P by surprise is that they’re being picked up faster than they expected. Basically at the end of the second quarter there were $405 billion worth of properties in the shadow inventory. Compare that to $384 billion...
This isn’t going to sound P.C. but I’m just going to say it anyway – our country is being overrun by foreigners. No, I don’t mean the kind that come here seeking opportunity and who want to contribute to the great American melting pot. And I don’t mean the kind that climb over the border...
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