John Mulkey, Housing Guru

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Services for Real Estate Pros - TheHousingGuru.com
RECENT BLOG POSTS
  With the economy continuing its struggle and the housing market lacking stability, is now a good time to invest in a home?  While the past decade saw many reap huge benefits from the sale of their homes, the answer to the question is: a qualified maybe.  Housing in general isn’t a great investm...
03/06/2011
Recently I wrote a POST asking the AR experts to help me define some proven techniques to sell homes in slow markets, and I promised to report back after tabulating the responses.  I received several quality responses both here on Active Rain as well as from several successful agents I interviewe...
02/28/2011
With the average foreclosed home in 2010 selling at a 28% discount from traditional sales, and with banks preparing to increase their sales of distressed properties, foreclosed homes will offer even greater bargains in 2011.  Continuing sluggishness in the housing market, combined with high level...
02/24/2011
Let’s Stop Whining About the Mortgage Interest Deduction   As congress and the Administration begin considering the new budget, there have been loud cries in opposition to cutting what some consider “sacred cow” programs, such as the mortgage interest deduction, social security, and subsidies to ...
02/15/2011
  Today I received an email from a subscriber to The Housing Guru, asking: “How will the new Fannie/Freddie rules affect home ownership?”  The writer planned to purchase a home in the next 3 to 5 years and wanted to know if the mortgage process would get easier or more difficult because of the ch...
02/11/2011
A recent survey from NAR and Harris Interactive and reported in RISMedia seems to indicate that homebuyers prefer to receive as much service as possible from one source—the office of their real estate agent.  And while the recent housing crisis and recession seemed to have left the majority with ...
02/07/2011
Don’t be embarrassed if you are confused by the January employment numbers; even the Labor Department admitted that this week’s report, on the surface, didn’t make sense.  And that’s really the key—looking at the numbers on a weekly or even monthly basis provides little understanding of where we’...
02/04/2011
Banks May Be Dangerous But We’ve Been the Enablers   In 2008 the government spent billions saving the banks and Wall Street firms “too big to fail,” and the American taxpayer received little but the bill.  The recent release of the FCIC report pointed out what we already knew: We live in a plutoc...
02/03/2011
Recent articles have described how aging baby boomers will impact the housing market; and with numbers that may reach as high as 77 million, the results could be significant.  Boomers made their presence felt during the past decade as “adult communities” spread across the country, and many builde...
02/02/2011
  California Court Says Foreclosed Homeowner Can Sue Bank for Fraud   Many of the recent news stories about bankers have been less than sympathetic; and a new ruling from a California court provides yet one more illustration of why public opinion of the banking industry has fallen so low.  In wha...
02/01/2011