Posts Tagged ‘housing prices’

8 Powerful Reasons Why NOW is a GREAT Time to BUY a Home

8 Powerful Reasons Why NOW is a GREAT Time to BUY a Home

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)

We’re Not Stopping the Foreclosure Crisis because it Affects Mostly Brown People

We’re Not Stopping the Foreclosure Crisis because it Affects Mostly Brown People

This is not a tragedy that discriminates. The race diminished as a result of what is being allowed to transpire will be “human”. ... (Continue reading)

The Rush for Rentals by Investors Turns Into a Run for the Exit

The Rush for Rentals by Investors Turns Into a Run for the Exit

In addition, spurned on by the Fed’s QE and zero-interest-rate policy, Lord knows how many smaller companies and individual investors also jumped on the bandwagon, and as it has the tendency to do, the insanity drove up home prices at... (Continue reading)

Recovery? Ho, Ho, Holiday Sales Tell the Tale

Recovery?  Ho, Ho, Holiday Sales Tell the Tale

I'm just so relieved that none of this dismal economic news was caused by the respective economies being in deep recession led by unreported worsening unemployment and pretend housing market recoveries. Because if those things were the cause, why... (Continue reading)

GUEST POST: Bob Cratchit Speaks Out on Christmas Foreclosure Freezes, Rated ‘PG-13’

GUEST POST: Bob Cratchit Speaks Out on Christmas Foreclosure Freezes, Rated ‘PG-13’

Every year I take a whole week off at Christmastime. Of course, it wasn’t always that way. When I started working for my Uncle Scrooge years ago, he never would have allowed that. In fact, back then,... (Continue reading)

Home sales contracts are falling apart 2X as fast as last year

Home sales contracts are falling apart 2X as fast as last year

Why? Well, according to the Realtors, it’s credit scores and appraisals coming in too low. Well shave my head and call me Baldy… what do you know about that? I certainly do declare, how can such a... (Continue reading)

A Crush on Matt Taibbi and a Pox on Both Their Houses

A Crush on Matt Taibbi and a Pox on Both Their Houses

So, the strategy now seems quite clear: Our government decided to address the financial crisis and economic meltdown by handing out hundreds of millions to the wives of Wall Street executives so they could invest in student loans and commercial... (Continue reading)

Is HAMP Poised to Improve in Year 3?

Is HAMP Poised to Improve in Year 3?

Laurie, as “the architect” of the HAMP program, are you aware that these servicers you’re pandering to at the Mortgage Bankers Association conference, have been nothing short of torturing America’s homeowners relentlessly, mercilessly, and without rhyme or reason for three... (Continue reading)

New Fed Governor Sarah Bloom Raskin Gives Me Reason to Hope

New Fed Governor Sarah Bloom Raskin Gives Me Reason to Hope

I read her speech yesterday evening; parts actually gave me chills, and parts left me with a hopeful tear in my eye. She says almost exactly what I’ve written in my articles on at least dozens and at this... (Continue reading)

Finally, Housing Market Analysts Starting to Get It

Finally, Housing Market Analysts Starting to Get It

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)

PROFILES IN BANKING: If Your Mortgage is With Wells Fargo, Watch Out … No Delays Ahead!

PROFILES IN BANKING: If Your Mortgage is With Wells Fargo, Watch Out … No Delays Ahead!

I don’t know Wells Fargo… you do whatever you want, but it looks to me like you’re losing friends in Congress and even in the White House. As are your pals, by the way. You can just go... (Continue reading)

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Care to Guess How Many NEW Homes Sold Over $750,000 in June and July?

Care to Guess How Many NEW Homes Sold Over $750,000 in June and July?

The biggest question I have about the real estate market is… why are we all pretending that there’s a real estate market at all. There’s no real estate market in this country, hasn’t been one since July 10, 2007,... (Continue reading)

Federal Reserve Bank President Says We’re In For a Long Hard Road Ahead

Federal Reserve Bank President Says We’re In For a Long Hard Road Ahead

What happened? As the decline in housing prices began to accelerate across the country, this exposed underlying cracks in the financial system. Foreclosures began to rise, loan losses mounted, and housing prices dropped even more, creating a downward spiral not... (Continue reading)


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