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UK News
Brown takes a different tack on Iraq
Tony Blair said he had no regrets about removing Saddam Hussein when he ended his session before the Chilcot inquiry in January. Gordon Brown, not surprisingly, took a different approach....
Election TV debates or social media to have biggest impact?
There are at least two new factors in the coming election -- the first-ever televised prime ministerial debates and the first full-on deployment of social media....
Tories could be making sterling a rod for their own back
Ever since sterling was forced out of the European exchange rate in September 1992, British officials and politicians have maintained a stiff upper lip when talking about the pound. Could the Conservatives be about to change all that?...
Hug a politician: the new election strategy
It is now two months to what is expected to be election day on May 6. If they want to start shifting opinion, politicians are going to have start looking voters straight in the eye....
Is the EU finally embracing GM crops?
The EU has taken steps to make genetically-modified crop cultivation more widespread in the 27-country union. But it remains up to individual member states to decide if they want to grow them, and it's still far from certain whether the bloc's 500 million citizens are going to embrace them....
Women get paid less; but at least we get cheaper car insurance…
Unlike the gender pay gap, which could be construed as wholly unfair, the car insurance gender gap is more justifiable – women get cheaper car insurance because they have fewer accidents. Fact....
About.com Real Estate Business
Attracting the Single Female - To Your Real Estate Site!
An article at the Chicago Tribune website has a lot of really great information centered around the growing percentage of single female home buyers. According to the article, women alone account for 29% of current home sales in Chicago. Does your website have content that would attract this valuable audience?...
Don't List Homes In Flood Zones or High Smog Areas
I'm kidding! But, it's a little scary that the writer of a post about high voltage wires near homes doesn't seem to be kidding. He basically criticizes any agent that would take a listing if the home was too close to high voltage power lines. So, if we...
Twitter for Real Estate - 11 Article Tutorial
I love Twitter, but it took some time to fully understand how to use it in my real estate marketing plan. It also took a great deal of research to learn to use the right tools to weed out the noise and get to what I really wanted for...
FHFA Home Price Index Released
The FHFA, Federal Housing Finance Agency, Home Price Index has been released. All but one of their major areas was down from November to December, and the last quarter of 2009 was down as well. There's a lot of data and some helpful charts and graphs in the report below....
When Is a Buzz a Noise Reducer?
Maybe when it's Google Buzz. I liked this post from Chris Penn about Google Buzz. I am using Buzz, and think it's going to be useful, but I'm not yet sure. However, some quotes from the post are related to what I've been writing about all of...
Multifamily Investors Take Note - New Rules Proposed by FHFA
It's obviously still a major government focus to spur the housing market, but there's also interest in helping low income renters as well. Providing housing is the goal, so the FHFA is proposing new rules for Fannie Mae and Freddie Mac in the purchase of multifamily mortgages. The full text...
NYT > Mortgages and the Markets
Consumer Groups Urge Regulation of Nonbank Financial Institutions
Many of these companies, such as payday lenders and debt collectors, take aim at lower-income customers, and consumer advocates say they are less regulated than banks....
New types of housing finance institutions could lead the United States to develop new types of housing....
The State of New York Mortgage Agency, or Sonyma, is offering 30-year affordable-housing loans at 4.75 percent....
Fannie Loses $16.3 Billion and Asks Treasury for Aid
The mortgage company, in telling the government that it needed help, is following the recent lead of Freddie Mac....
Economists are generally predicting that mortgage rates will begin to edge up in late March....
Concern Aired Over Banks’ Real Estate Loans
The chairwoman of the Congressional Oversight Panel has been pressing the Treasury to compel thousands of small and midsize banks to undergo stress tests....
AOL News Collection:All top stories collection
Iraqi Election Begins With Deadly Attacks
Test of Democracyhttp://o.aolcdn.com/photo-hub/news_gallery/6/5/652284/1267956977260.JPEGAFP / Getty Images]]>...
California Player Wins $133M Mega Millions Jackpot
Lucky Ticket]]>...
Teacher Accused of Sending Nude Photos to Student
Police say a New Hampshire English teacher emailed naked pictures of herself to a 15-year-old, who then forwarded them to classmates.Police say a New Hampshire English teacher emailed naked pictures of herself to a 15-year-old, who then forwarded them to classmates.Indecent Exposurehttp://o.aolcdn.com/photo-hub/news_gallery/6/5/652265/1267921147032.JPEGAP]]>...
Convict's Testimony in Knox Case Blames Mystery Man
A murderer jailed with one of the three people convicted in the death of Amanda Knox's roommate says someone else did the crime.A murderer jailed with one of the three people convicted in the death of Amanda Knox's roommate says someone else did the crime.Latest Twisthttp://o.aolcdn.com/photo-hub/news_gallery/6/5/652259/1267913628411.JPEGGetty]]>...
Conservatives Condemn Liz Cheney's Attack Ad
A spot produced by Liz Cheney's organization draws fire for suggesting Attorney General Eric Holder hired al-Qaida sympathizers.A spot produced by Liz Cheney's organization draws fire for suggesting Attorney General Eric Holder hired al-Qaida sympathizers.Video Controversyhttp://o.aolcdn.com/photo-hub/news_gallery/6/5/652252/1267898476116.JPEGAP]]>...
WSJ.com: What's News US
Violence Kicks Off Iraq Elections
At least twelve mortar rounds rained down on the International Zone, the heavily fortified seat of government in Baghdad, and a large explosion rocked the city early Sunday, marking the start of voting in Iraq's first parliamentary election since 2005. ...
ABC Goes Dark for Cablevision Customers
Walt Disney pulled ABC television stations from Cablevision after the companies failed to resolve a financial dispute over monthly subscription fees. ...
Shanghai Mayor: Foreign Firms May List A Shares
China "will definitely" allow eligible foreign firms to list in Shanghai, the city's mayor Han Zheng said Sunday. ...
Box-office hit "Avatar" is favored to win in many circles, but Hollywood insiders have chosen "The Hurt Locker" in earlier awards this season. ...
Iceland Voters Reject Debt Deal
Iceland's voters resoundingly rejected a $5.3 billion plan to pay off Britain and the Netherlands for debts spawned by the collapse of an Icelandic Internet bank, according to initial results. ...
AMD reduced the pay package for CEO Meyer by 14% last year as the No. 2 maker of computer microprocessors saw falling sales. ...
Ubertor Real Estate Blog
Stephen Jagger’s New Book Sociable!
My new book Sociable! came out in late January. My co-author and I launched it at the Vancouver Board of Trade on January 28th and it has been a success thus far. We continue to do speaking engagements around it as well as launch events. (more details...
Get Line2, the First Dual Mode Cell/VoIP Calling App for iPhone
Take a moment to check out Line2.com. I have been using it for about 30 days now and it is a slick way to add a second line to your iphone that utilizes Cell and VoIP functionality. From their website: “Line2 adds a second number to your iPhone that works...
Feature Update: Upload Multiple Files to Library
A feature that has been requested by many clients has been rolled out. Now within your Ubertor control panel you can upload multiple files to the library within your website. This functionality has been available for listing photos, but has now been added to the library within your...
Feature Update: Enable/Disable Ken Burns Effect per Listing
Now within your Ubertor control panel you can enable/disable the Ken Burns effect for each of your listings. You have always had the option to have this feature turned off system wide, or on system wide, but now you have the ability to choose per listing. You can...
Learn to Maximize Your Ubertor Website: Live Ubertor Tour, March 4th, 2010
Get expert advice from an Ubertor specialist on how to use the basics of the system. This is a great start for all new Ubertor users eager to learn how to begin maximizing their website for the most return. This is a live guided tour of Ubertor’s control panel –...
Feature Update: On / Off Switch for Blog Posts
We have added the ability to turn the auto blog posts on or off within the Ubertor system. This flexibility gives you that much more control of your website. You can find this feature within the “listings” tab of your control panel....
A Bird's Eye View
Is there an ideal day to put your house on the market? It feels like deciding on the right time to have a baby. It’s never a good time. You just do what you gotta do. For me it’s one more thing to deal with in the life of a...
Company gives real estate brokers and agents a smarter, easier way to build business on the world’s largest social platform SAN FRANCISCO, MARCH 4, 2010 — Roost, Inc. (www.roost.com), a real estate technology company that displays over four million real estate listings and provides advertising solutions to real estate agents and...
Scenic Springfield, VA Offers Quality Real Estate
Situated in Fairfax County, Springfield, Virginia is host to over 30,000 people. It is an unincorporated community that is broken down into three specific areas – North Springfield, West Springfield and Springfield. It also includes a large portion of Newington. All of the areas combined make up what is officially...
Stevenson, Washington is Just a Darn Nice Place to Live
Stevenson, Washington is the seat of Skamania County with a population of 1,200. Incorporated in 1907, the town has lots to brag about. It’s got drop-dead gorgeous scenery, enough outdoor activities to fill a novel and it’s just one of the darnedest nicest places to live. “Make tracks to Washington’s side...
Stockholm, Wisconsin is an Epic Blend of Culture and History
Seated in Pepin County, the Village of Stockholm resides within the Town of Stockholm and has around 97 citizens. Around 1851, Swedish immigrants settled into the area and gave the village its current name. Early commerce involved commercial fishing, much of what was shipped to eastern markets. Button factories in...
Trout Lake, Washington Quintessentially Defines Community
Seated in Klickitat County, Trout Lake, Washington has 494 citizens. It is not incorporated. Instead, the U.S. Census terms it as a census designated place (CDP). A CDP means that the community does not have its own government, but has a designation that enables an accounting of its residents. The community...
msnbc.com: Real estate
Pending home sales tumble amid winter woes
The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states. Business - Construction and Maintenance - Residential Housing - Real estate - Thomson Reuters...
Government extends refinance program a year
The government is giving homeowners another year to refinance their loans under a little-used program designed to help borrowers whose homes have plummeted in value. Loan - Refinancing - Government - Mortgage - United States...
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Homebuyer credit not jolting housing market
It sounded like a great idea three months ago: Hand homeowners a $6,500 tax credit to find a new place to live, giving a thrust of energy to the housing market's recovery. Real estate economics - Real estate - Business - Residential - Financial Services...
Forbes: Where you can get ahead quickly
Professional success often requires some degree of sacrifice. Surprisingly, one of those sacrifices might include moving to the outskirts of some big cities. Forbes - Business - United States - Business and Economy - Business Services...
Slide show: Slideshow: Mystery of a reclusive heiress
Why are the mansions of one of America’s richest women sitting vacant? Click to follow this photo narrative of the reclusive Huguette Clark and her father, William Andrews Clark, the "Paris millionaire senator." Where is Huguette Clark? And what will become of her fortune? United States - Wealth - Narrative...
Twitter / planetizen
planetizen: Fat cities, separated busways, and long-term challenges for sustaining smart growth - The Planetizen Newswire Cometh http://eepurl.com/iSGJ...
planetizen: Our annual list of the top 10 websites in planning, design and development: http://bit.ly/cHfdIh...
planetizen: The death of sidewalks in NYC, the rise of freeway-cap parks in LA, & census confusion: Today's Newswire http://eepurl.com/iIdu...
planetizen: 70 comments on this controversial piece http://bit.ly/bW5qaE The resulting conversation is equally as contentious...
planetizen: The Indonesian capital of Jakarta is sinking. The President wants to find a new city to play capital: http://bit.ly/ah07QZ...
planetizen: The Gold Medal for Planning Goes To... http://bit.ly/9GjwNw The Olympics used to be way cooler....
Housing Market
The Future of Home-Price Appreciation
After its historic decline brought the global economy to its knees, the U.S. housing market is gearing up for a long-awaited recovery. Real estate experts expect home prices to hit bottom in late 2010 or early 2011 before—finally!—heading north again. But what shape will the rebound take? Are we in...
2010 First-Time Home Buyers' Guide
Why is everyone nagging you to buy a house these days? When real estate values were crashing—prices dropped nearly 33 percent from the second quarter of 2006 through April 2009—renting that apartment was darned savvy. And since home values are projected to drift lower in 2010, getting into the market...
4 Reasons Your Retirement Is at Risk
Whether it's over or not, the recession has made retirement at age 65 more difficult. New analysis from the Center for Retirement Research at Boston College found that 51 percent of Americans have a high risk of not being able to maintain their current lifestyle in retirement, up from 44...
Tapping the Future Value of Your Home
Senior homeowners sometimes need to tap the value of their house to pay sudden expenses. Most ways to access home equity involve taking on debt. But several financial institutions offer a new alternative to often pricy reverse mortgages or other home loans....
What Tanking Home Sales Mean for the Recovery
After a big drop in December, sales of existing homes fell again in January—a development that renewed concerns about the outlook for a real estate recovery. The National Association of Realtors reported today that sales of previously owned homes fell more than 7 percent in January from the previous month....
Obama Needs to Focus on Housing, Not Health Reform
While eyes have been on the Winter Olympics, a menacing avalanche gathers force. Not in Vancouver but right here on our doorstep. Remember the housing crisis? It hasn't gone away. It's gotten graver....
Appraisal Scoop
CJR's Ryan Chittum posts this great video of CNBC anchor-droids just straight up losing their minds the moment Janet Tavakoli, president of Tavakoli Structured Finance, dares to suggest that predatory lending ever existed on the Planet Earth. Tavakoli even moderates......
New Mexico Governor Signs Appraisal Management Company Legislation into Law - Puts AMCs "On Notice"!
Re-Blogged from the Appraisal Institute's Appraiser News Online Headlines: New Mexico Gov. Bill Richardson signed Senate Bill 138 into law March 1. S.B. 138 will require that appraisal management companies post a surety bond or equivalent means of security with......
The Ultimate Solution for the Appraisal Industry
Guest Post by Tony Pistilli, Certified Residential Appraiser and Vice-Chair, Minnesota Department of Commerce, Real Estate Appraiser Advisory Board, Minneapolis, MinnesotaSince the inception of the Home Valuation Code of Conduct (HVCC) in May 2009, there has been much discussion, and......
FHA Commissioner David H. Stevens Comments on Appraisal Quality, “Blind Ordering”, and the HVCC
National Mortgage Professional Magazine recently had an opportunity to chat with David H. Stevens, Assistant Secretary for Housing at the U.S. Department of Housing & Urban Development (HUD), and 27th Commissioner of the Federal Housing Administration (FHA). A graduate of......
Will State-by-State AMC Regulation Drive a Stake Into The Heart of AMCs?
This article by Guest Blogger, Executive Director, Jeff Schurman of The TAVAMA Blog Warning: What you are about to read could be career-ending. For me that is. But only if those who intend to drive a stake in to the......
UPDATE: The webinar is complete. The Power Point presentation and audio link to the full webinar are available below. Here is the link to the webinar. http://www.fncinc.com/ClientAccess/WebConf_AMC.aspx In addition to the recorded webinar, there is an accompanying conference Power Point.......
The latest from the lakefront blog of Craig Mische
The property that I crudely drew a yellow arrow to in this aerial photo went on the market a few hours ago. It is listed with an agent that has never been part of transaction involving lakeshore real estate listed......
What's New : Minnewaska, Ida, Miltona, Burgen, Blackwell & Le Homme Dieu
From now until the end of April will be the busiest time for brokerages working on new listings for lake home and lake lots. The activity this past week was higher than the previous weeks and I'd be thankful for......
I've seen them while boating on Lake Daring and Lake Carlos but according to an article in today's Echo Press, eagles have also have lake homes at Lake Christina, Rachel Lake, Lake Ida and Lake Le Homme Dieu. Some interesting......
Yesterday it was announced that the Sotheby’s International Realty brand won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction Award for the third year in a row. The Best in Category award measures franchisee satisfaction with their......
In the video I shared yesterday of an apparently very fast drive to Lake Miltona, this is the lake property I arrived at... Get the flash player here: http://www.adobe.com/flashplayer...
Le Homme Dieu Beach to Tamarac Circle on Lake Miltona
It is a short drive to Lake Miltona from Alexandria and although I sped up this video of the drive by 800%, this is how fast level lakeshore like the property Lakes Sotheby's Int'l Realty just listed on Tamarac Circle......
The Real Estate Tomato
A Frenzied 5 Creative Ways to Use A Real Estate Blog to Demolish Your Market Competition
Today’s offering is a guest post from Tomato client and real estate blogging guru, Ben Roberts of Exit Pro Realty and TheExitPro.com. Thanks for the effort, Ben! — Readers of The Real Estate Tomato come in one of three flavors... They've got a RET blog and are always reading and...
Simple Marketing Tip: Engage The Audience You Create To Avoid The Headache of Lost Opportunity.
I believe I have developed TMJ. For the last month I have had frequent headaches and a persistent clicking in my right ear. The sensation varies from an annoying pop to a painful snap. I have been doing light research on the issue since it began, and am now really...
Introducing the 2nd Edition of Virtual Real Estate BarCamp: January 4th From 9am - 4pm PST
We're Back! Introducing the 2nd Edition of Virtual Real Estate BarCamp. Our first event was such a success, we decided to parlay the momentum into the launch of another. January 4th - 9am until 4pm PST 9 Hours, 28 Incredible Speakers, 1000s of Attendees! It's Free! What Is Virtual BarCamp?...
Real Estate Brokerage Websites - I Don’t Think We Are In Kansas Anymore
Beth Butler, former Broker for EWM Realtors in Miami, FL wants to get into the head of real estate brokers around the country. She wants to share her expertise in managing an incredibly successful real estate company blogsite with those that need to see the light. The playing field has...
New To Real Estate Blogging? 6 Simple Steps to Get You Started.
For the entire month of December I will be writing articles as contributions to what I call the Rewrite Project. Instead of writing on new topics, I am going to be digging through the advice archives and rewriting the "oldies but goodies". Why? Why not? But it is also an...
Anne Marie Malfi - Virtually Marketing & Assisting You
Enhancing your image w/ one of your greatest sources & becoming their most valuable resource
With so many tools, websites and vehicles available to us to extend our reach and communicate with the general public, I think too often we forget about one of our most valuable resources - our past clients - when it comes to growing our business. They are one of our...
The Power of Active Rain – Connections are made every day!
Lisa Udy asked in her blog post entitled The Power of Active Rain Contest that we put together a blog post to share the benefits and the Power of Active Rain. It's funny because I didn't have to think long or hard on this oneat all and have been in the...
So many of us have Marketing Plans but are we effectively measuring the results and using that data to further grow our business and opportunities? This picture illustrates what a solid marketing plan should involve: Knowing which specific areas of your marketing strategies are working will without a doubt save you money...
What does complaining get us? Isn’t it better to simply work harder and smarter?
Think about the energy it takes to fret, complain and worry about problems. Have you ever encountered someone that complained about everything under the sun? Did you purposely seek them out to have another conversation or interaction with them? Probably not - you probably thought "what a downer" and "I hope...
If you've ever watched The Grinch you might remember the valuable lesson he learned in realizing that the most precious gift you can give doesn't come from a store: He stood puzzling and puzzling. How could it be so? It came without ribbons. It came without tags. And he puzzled and...
I like simple and easy ways to connect with consumers and they're all around us from blogging to social networking sites. If you go to any one of my blogs or sites you will notice a consistent message that I try remind you of: "If it's not evident to you by now,...
New Real Estate Listings | For Sale by Owner Center.com
FSBO listed on 03/07/2010 - Great Townhouse, in a great neighborhood, convenient location with easy access to interstate 81. All Offers will be Considered....
Shirley, NY 11967 New Real Estate Listing - 3 Bed 2 Bath Home For Sale By Owner - $379900
FSBO listed on 03/07/2010 - Must Sell Make Offer Low Taxes, Built in 2001 Lot Size 100 x 218 3 Beb/ 2 bath/2 car garage,full basement, attic, IGP, Contemporary open floor plan very large inside aprox 95% vaulted ceilings Fully landscaped IGS MUST SEE...
Greensboro, NC 27405 New Real Estate Listing - 3 Bed 2 Bath Mobile Home For Sale By Owner - $40000
FSBO listed on 03/07/2010 - Very nice doublewide with open floor plan for Sale in outskirts of Greensboro, NC....
Winthrop Harbor, IL 60096 New Real Estate Listing - 5 Bed 4 Bath Home For Sale By Owner - $383900
FSBO listed on 03/06/2010 - Dream house with over 3600 sq ft, inground pool and in-law apartment!...
Lecanto, FL 34461 New Real Estate Listing - 2 Bed 2 Bath Home For Sale By Owner - $139000
FSBO listed on 03/06/2010 - Beautiful 2/2/2 on .90 acre wooded corner lot...
Powhatan, VA 23139 New Real Estate Listing - 3 Bed 2.5 Bath Home For Sale By Owner - $315000
FSBO listed on 03/06/2010 - This beautiful home has been reduced $20,000.!...
Blown Mortgage
Underwater Mortgages and the Science of the Perfect Loan Modification
Loan Modifications have taken over the financial news in the last year. This is not at all surprising, with over 11.3 million people, nearly 25 per cent of all homes, with underwater mortgages; this is an issue that has the nation’s attention. This makes any research into the issue of loan...
The Obama Loan Modification Plan, An Overview
This Thursday the Obama Loan Modification Plan, HAMP, will be a year old. It was on the 4th of March, 2009 that the Obama administration started the largest and most ambitious homeowner’s aid package since the 1930s. The goal was to stop the wave of foreclosures that was destroying the...
Loan Modifications, Alternative Solutions to the Foreclosure Problem
Recent projections estimate that by June, over 5 million homeowners will be heavily underwater. Let us define that a little more precisely. You are heavily underwater if the current market value of your home is only 75% of the balance on your mortgage. Between you and me, this means you...
Loan Modifications and the Jingle Mail Revolution
Few subjects have created as much debate as the issue of walking away from of your home when there does not seem to be any financial sense in staying. Walking away from your home when it is worth less than the balance on your mortgage seems like the sensible thing...
Loan Modification, New Guidelines For California
There is a proposal for new guidelines in the way lenders and servicers deal with borrowers throughout the foreclosure process. These new guidelines are designed to improve communication between lenders and borrowers to improve the rate of troubled borrowers receive a loan modification for their mortgage. One of the issues that...
Loan Modifications, What Is The Situation 3 Years After The Housing Bubble Burst
It is hard to believe that three years have gone by since the housing market took a dive drowning with it millions of American homeowners. So what is the situation now? Have we hit rock bottom? Are the Administration’s measures starting to work? Let us start with the good news. There...
The Washington Independent
Ron Paul Snaps Up Tickets for Southern Republican Leadership Conference
In the wake of his somewhat surprising — and very soft-peddled — victory in the CPAC straw poll, Rep. Ron Paul (R-Texas) is gearing up for a big showing at the next GOP cattle call. Paul’s Campaign for Liberty is going to purchase hundreds of tickets for the event, held...
Banks Seek to Head Off Regulation With PR Offensive
After President Obama called the heads of 12 of the largest banks into his office to lecture them about not lending enough to small businesses, the message was clear: It’s time to get to lending, or the government will get to regulating. So while banks are busy lobbying themselves out...
We’re ‘Weeks Away’ From a KSM Decision
Reports Major Garrett: A senior administration official deeply involved in White House deliberations about the future location and judicial venue of Khalid Sheik Mohammed and four other alleged 9/11 conspirators told Fox a decision on the case is “weeks away” and will not be made or announced...
The Jobless Recovery Trudges Joblessly On
Economy cheerleaders erupted today at the news that only 36,000 Americans lost their jobs in February, as compared to the 50,000 American jobs expected to be sacrificed to the Snowpocalypse gods. Of course, that means 15 million Americans remain unemployed, and 40 percent of those people have been unemployed for...
The rapid implosion of Rep. Eric Massa’s (D-N.Y.) career will end with his resignation from Congress on Monday, less than a week after he announced that he had terminal cancer — and the Ethics Committee announced that he was under investigation. “I am a deeply flawed and imperfect person,” said Massa...
John Bedell and Ludwig von Mises
ThinkProgress points to a strange item on the Bazpedia page of Pentagon metro shooter John Patrick Bedell, buried below the incomprehensible kookery (”I have posted the image to the right in order to illustrate the use of cannabis as a monetary system using digital financial instruments“) and a brief appreciation...
The Real Estate Bloggers
Cash-In Refinancing Gaining in Popularity
Do my eyes deceive me? Is America slowly climbing out of the debt cycle that has come close to choking it in recent years. (ed. For everyone but the government it has…) The American consumer is shying away from home equity loans and cash out refinancing on their mortgages and...
Does Residential Real Estate Market Face a Double Dip?
There is concern that the residential real estate market could be facing the dreaded double dip. To those who are not stock market mavens this essentially means that the short recovery we have seen will be followed by another downturn. The idea was brought up by Brian Taylor of the...
Warren Buffet Predicts Real Estate Rebound — In 2011
If the Oracle of Omaha, Warren Buffet, is correct the residential real estate market will rebound in 2011. Buffet, in his letter to Berkshire Hathaway stockholders, thinks that the demand curve will turn at that state and the residential markets will start to improve. I am sure this news is...
Obama Looks To Stop ALL Foreclosures Without Government Review
Do these people have a clue? Are they trying to destroy the market? Is there nothing that the government thinks that they can not fix? (No, this is not an old Batman sitcom introduction, I am being dead serious.) The Obama administration is looking to stop all foreclosures until they go through a review...
New Home Sales Drop 11.2 Percent In January
I guess the stimulus extension is not doing it’s job… Ugh. The Commerce Department reported Wednesday that new home sales dropped 11.2 percent last month to a seasonally adjusted annual sales pace of 309,000 units, the lowest level on records going back nearly a half century. The big drop was a surprise to...
Demand Hits 13 Year Low For Mortgage Applications
A combination of weather and low demand has led to a 13 year low in demand for mortgage applications according to The Mortgage Bankers Association. Demand for mortgages has not been this low since 1997. Hopefully the market slowdown is a statistical blip due to the harsh winter that so much...