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.
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 […]
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 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!
It is a “No Brainer” that employment fuels the housing market, but just how correlated they are is almost shocking!
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 […]
Could this be the first in a wave of trouble headed for the two government owned leviathans??
As all the contenders gear up their war-machine like campaigns, let’s find out who’s living large!
Charles “Ed” Haldeman Jr. Steps Down! Freddie Mac’s Chief Executive Officer, Charles “Ed” Haldeman Jr., will be stepping down from his position by the end of the year. This unforseen, and frankly shocking, turn of events has led to much speculation regarding why he is stepping down. While the specifics aren’t yet known, and Mr. […]
Is the HARP Program going to be the savior that it is meant to be for the housing market or is it just delaying the inevitable?
