Frankly, I'm both tired of being proven right and shocked that it hasn't happened sooner and by someone with even more intellectual prominence. Derwood Blomquist just assured the nation that the foreclosure crisis was... what were the exact words... (Continue reading)
Today was a BIG day for Frank and Brian over at the National Real Estate Post... they have officially proclaimed that the mortgage lending industry HAS CHANGED. Not IS changing, but HAS changed... they were shocked, by the way.... (Continue reading)
Then how in the world can we be "at the bottom," of housing price declines or starting to see ANY sort of "housing recovery" as the MORONS in the media are also reporting TODAY, after receiving your press releases?... (Continue reading)
What everyone continues to overlook is the impact that foreclosures continue to have on new foreclosures. We've got supposed experts yammering about how we'll have some set number of foreclosures and then we'll be through this mess. But... (Continue reading)
This week on 30 MINUTES OF TALKING I'm looking at the contradictions that are being thrown at us almost every day now... this past week it was the housing market that hit bottom, according to quite a few. But... (Continue reading)
Okay, that's it... I'm convinced... Ben has never actually been to a "troubled community." Would someone in Washington D.C please take him on a tour of pretty much anywhere Southeast will do... Minnesota Avenue, Lincoln Heights, I'm sure Anacostia... (Continue reading)
Housing prices may someday be high again, like the way they were a few years ago, but that's a subject for the next generation, or even the one after that. It's not something for me, at 49 years old...... (Continue reading)
The Beige Book, as it's commonly known, is a report published eight times each year. Each of the 12 Federal Reserve Banks, which are located throughout the country, "gathers anecdotal information on current economic conditions in its District through reports... (Continue reading)
Adjusted down to a rate of 267,000 annual sales was the worst month on record. That "rate," and I do love the way they report monthly numbers as an "annual sales RATE," means that 22,250 new homes were... (Continue reading)
Mandelman Matters Presents: ARE YOU READING THIS STUFF? What am I supposed to do? I read constantly and it’s painful. I figured that maybe by sharing it with you, I would know I wasn’t alone, and it would stop me... (Continue reading)