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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...
The Senate has begun yet another round of fun-filled meetings to try and make HARP actually work for someone. Now they all admit that the reason the program has tanked...
Best audio player to listen faster, learn faster and have a “sexy” iphone player experience. Visit italkfast.com for more information. Sign up for Updates! Share on...
Let’s cut right to the chase today: Fannie and Freddie are on their way out and private capital is on its way in. You can’t put it more simply than that. The government currently guarantees 9 out of every 10 loans in one way or another and that’s just too much risk for taxpayers. It’s...
It’s that time again. Time when Americans across our great country decide that Tuesday night television just isn’t interesting enough so they flip channels over to the State of the Union address. Which will hopefully prove interesting enough to hold their attention long enough to hear at least two senators/representatives scream obscenities. It’s a long...
Let’s take some time today before the weekend to see if there’s any connection between Short sales and the current WikiLeaks scandal. It’s certainly the most controversial story in the news this week and I’m sure you’ve all got opinions on it. But what does it mean for us as short sale investors? There are...
Obama’s flagship program intended to help homeowners with making mortgage payments is floundering. Sorry, I meant failing. Let’s not try to be nice about it, let’s just tell it like it is. Out of the 1.4 million people who gave it a try, more than half have fallen out. That means they’re all now at...
Obama has decided to replace the government official in charge of overseeing Fannie and Freddie. I guess someone has realized it’s time for someone else to step up who might not screw up quite as badly. The person in charge now is officially only temporary, so no one’s given up hope of finding a successful...
After the serious message delivered by voters last week Obama has decided to switch some of his tactics. Runaway spending seems to be one of his main focuses and he’s decided to try and cut spending where possible. The first recommendation out there could have serious effects on you. The first proposal put out by...
I know I came down hard recently on the HAMP program and the disappointing numbers that have come out lately. Now I think my comments were completely justified. And as it turns out, so does the government. Maybe Obama reads my blog… Either way, the fact that over half of the trial mods have been...
I’m sure no one who just casually sits down to read the paper (do people even read the “paper” anymore?) has any idea what the solution to the foreclosure crisis is. It’s such a monumentally complex issue that it’s probably too much for any one person to handle. And yet, every bozo in Congress thinks...
Obama is planning on vetoing a bill that would make it easier for banks to notarize foreclosure orders. He says he’s worried about the implications such a bill would have. This is happening while the whole foreclosure, robo-signer controversy is going on, just to put things in context for you. What the bill basically says...
Whoops! Experts in the real estate field really slipped up on this one. Since the expiration of the homebuyer tax credit, pending home sales have been in a steady decline. But the latest numbers from July show that the NAR’s Pending Home Sales Index increased 5.2% from the previous month. The news really caught them...
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