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Two Views on Housing

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 the Union address he wants to have someone look through the deep dark...

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Where Are All The Houses?

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,...

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I Hate Economists. Don’t You?

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? When life hands you lemons, make lemonade. And so on and so forth. But it's an entirely...

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Jail Time for Fraudsters

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 has decided it's time to try a heavy-handed approach. Just check out some of...

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Frauds Up, But Slowly

According to the latest 2011 statistics, fraud is on the rise, but slowly. If you find that comforting news, I suggest you go back to bed - facing the real world might just not be for you. Yes, there were 1.45 million reports of suspicious...

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Forbearance Extension Now Available

Forbearance Extension Now Available

Freddie Mac has decided to extend the available forbearance periods for unemployed homeowners. Previously borrowers facing extended unemployment were only eligible for, at most, 6 months of reduced payments. And that required prior approval....

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Pending Sales Jump, But Not High Enough

Pending Sales Jump, But Not High Enough

Some more stats are coming in regarding 2011 and from our great 2012 perspective you'd think everything is now crystal clear. Or at least that's the impression you'd get from the "experts" who watch the real estate market. (Note: these are the same...

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Why Pay Cash?

Why Pay Cash?

If you've been saving up your cash for a big purchase, you're not alone. Taking out big loans or trusting the interest rate or banks has become a thing of the past. This is going to be the year of cash. Cash for everything and no credit. We've all...

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North Korea’s Embarrassing Funeral

North Korea’s Embarrassing Funeral

A picture may be worth a thousand words, but those words may not have an ounce of truth to them. I know the expression is supposed to mean you can say more in a simple picture than any number of words could actually do, but sometimes words are just...

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Where Does the American Dream Lie?

Where Does the American Dream Lie?

As we begin to wrap up 2011 I want to ask you a serious question, but I think most of you will be too uncomfortable to answer it honestly. But I'm willing to give it a try because I think it's important that the issue be talked about. What I want...

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