Hold on! It’s not what you think! While it may carry the same stigma and shock as it’s four letter cousin, the F word I am referring to is Foreclosure.
Category: Politics & Econ
Bill of Rights or Just More Bills for the Consumers?
Attorney Kamala D. Harris is trying to pass legislation against the mortgage companies to “help” consumers and communities cope with our state’s foreclosure crisis.
As Mortgage Delinquencies Hit Three Year Low, Mortgages in Foreclosure Remain Unchanged!
A few days ago the Wall Street Journal released an article entitled “Mortgage Delinquencies Hit Three Year Low”, in which they discussed this positive trend; however they seem to have brushed over several issues which are worth discussing further in detail.
Expect Mountain View Real Estate Prices To Rise With Facebook IPO
When Google offered shares to the public in 2004 the trickle down effect create a shoot up in real estate prices. With more money, and more jobs being created, the wealthy snatched up property and Google had to lease larger business complexes for its employees. While the effects may not be immediate, we can expect […]
Fannie Mae’s CEO Michael Williams to Step Down
In a shocking turn of events Michael Williams, the current CEO of Fannie Mae, has announced that he will be stepping down from his post.
The Fed Wants You To Buy Real Estate
The Federal Reserve is going to unprecedented lengths to shore up the housing market, and in their latest announcement it seems that they want to spend more Taxpayer money to do so!
Real Estate 101: How Unemployment Affects Home Prices
It is a “No Brainer” that employment fuels the housing market, but just how correlated they are is almost shocking!
Record Low Mortgage Interest Rates Keep Getting Lower!
How Low Can You Go??? Over the past week we saw home sales hit the second highest level of the year (data released about Nov.), we hit a4 year low in the quantity of new listings on the market, and we burst right through our previous record low interest rates! Is this the salvation that […]
California Wants Revenge: Fannie and Freddie Back In Court!!
Could this be the first in a wave of trouble headed for the two government owned leviathans??
2012 Presidential Candidate’s Homes
As all the contenders gear up their war-machine like campaigns, let’s find out who’s living large!