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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...
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 the same thought, but apparently someone did. A top economist was asked if the housing market has hit bottom. He wisely avoided the question by...
Guys, we’ve just received even more evidence of how central Short Sales are becoming to the housing recovery. (This is if anyone actually needed convincing, but either way, it’s out there.) Compared to last year short sales are up 33%. They even overtook REO sales in 12 states, including many of the hardest hit ones....
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...
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 past of mortgage giants to see what secrets they might be keeping...
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 different thing altogether when you lower your expectations...
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 experts who only watch, but never actually get in the game.) Let’s...
Let me ask you a serious question: Have you been spending less since this recession hit? It’s not just me that’s interested. The entire federal government desperately wants to know which direction our economy is headed in, and how much you spend makes all the difference in the world. Consider that if you put away...
It’s so cute when the government is proud of itself for small accomplishments. I guess it’s the most they can hope for given how much their hands are tied. But they released some statistics from April on how many short sales they were able to put through – nationwide. The number: 1,666 That’s the total...
Wow! This foreclosure nonsense has got to end!! No, not the kind where people who took out mortgages they can’t afford anymore have to leave their homes. I don’t mind that situation as much since that leaves plenty of room for a good short sale to beat out the foreclosure. But once again, there’s talk...
Some not so bright news to darken your weekend a little. Unemployment is hovering even closer to the ominous 10% mark. It’s been around 9.6% for the last three months and many people expected the numbers to drop even more. Not that 9.6% is low by any stretch of the imagination. The new rate is...
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