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I think most of us would agree that the mortgage industry could do with some more transparency. The murky workings of the underworld of billions of dollars of loans can...
Did you know this week we're going to see another Black Friday? No, don't run out and pick up that weed whacker you've always wanted, it's not that kind of...
Remember that program, you know, the one that was supposed to help every underwater borrower all over the country but ended helping under 1 million? What was that called again?...
Believe it or not (oh yeah, you should believe it) there's controversy surrounding the President's latest plan to mess with the housing market. As he announced in his State of...
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...
I always encourage people to put a positive spin on a bad situation. If it's something you've got to learn to accept then why not embrace it and move on?...
I've been hearing a lot of talk in the comments section about the pressing need to pursue principal reductions for underwater homeowners. Apparently this blog gets more attention than I...
Let's say you've got a good friend who's been with you a long time. And you know that every single time he gives you advice it ends up being BAD...
It looks like Michigan is getting tough, or at least trying to look the part. As the entire country has been reeling from the repeated shocks the housing system, Michigan...
Every time I see big shots in Washington arguing with each other I get excited. No, I don't get excited because I think they'll eventually come to an agreement. What...
Wow, I finally am reading about a government program I can at least a tiny bit get behind. I'm doing my best to sound appropriately enthusiastic without making you think I'm buying in to Washington hype. But for all the ridiculous schemes that...
It seems that pre-owned homes are back in style, after taking quite a break last year. Sales of pre-owned homes jumped 12.3% in December according to the latest study by the NAR. They're up in five of the last six months and reached a seven month...
According to the NAR, existing home sales pulled back up again in November. (If it had been the NRA, they've got much more direct ways of selling homes!) Sales were up 5.6% last month after being down 2.2% in October. I guess that's good news,...
Unexpectedly, pending home sales are up as of October. That came as quite a surprise to industry insiders. Buyer demand has been so slow for so long it seemed the dip would continue for the foreseeable future. But you can never predict the...
You'd think pre-owned homes would be a hot commodity in the current market, right? I mean, a steal on an existing home is worth much more than worrying about building the thing in the first place. And yet, contracts signed on previously owned...
Are you the kind of person who panics quickly? Do you completely freak out at the smallest things? If you're waiting for a bus and it's 35 seconds late, how many times do you check your watch and go "Uch!"? If you're easily panicked, then you...
Here's a bright spot of news for you. August's figures for previously-owned home sales rose. And compared to the tremendous dip they took in July, this was pretty surprising news. If the current rise of 7.6% holds, we're on pace to sell 4.13...
How bad is it for you when you live in a ghost town? Drives down property value, doesn't it? Well, Washington thinks America's cities are turning barren, with empty homes standing on every block. And maybe they're right! Between...
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...
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...
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