RECENT BLOG POSTS
U.S. Homes to Lose $1.7 Trillion in Value This Year: According to analysis released Thursday by the research firm Zillow, U.S. homes are expected to lose more than $1.7 trillion in value this year. Since the market peaked in June 2006, the company says homeowners have been stripped of $9 trillion...
In today's market, housing prices are determinded by supply & demand. If supply continues to increase and demand softens (or even remains constant) prices will continue to fall. Even the National Association of Realtors (NAR) has acknowledged this to be true. The supply of inventory in the real ...
Our ‘10 We are definitely excited to have the opportunity to write the Anton's Annual Christmas letter. Over the last year and a half with this family, we know one thing, there's always something going on. It was definitely a difficult start to the year, Nanny fell & fractured her hip the 2nd we...
The U.S. housing market is showing signs of falling deeper into a slump that could weigh on the nation's economic recovery. Home prices nationwide were down 1.5% in the third quarter, compared with a year ago, according to the S&P/Case-Shiller home-price index released Tuesday. The drop reflect...
Peace in the Neighborhood is possible with Mortgage Note Reduction
Underwater Homes, the Top 20 Cities The scariest number for anyone invested in the real estate market is this: 23.2%. That's the record-high share of mortgages that are now underwater, as estimated by Zillow. Negative equity is the prime factor driving a record number of mortgage holders into del...
Importance of the Panic Button This tip came from a neighborhood watch coordinator. Next time you come home for the night and you start to put your keys away, think of this: Your car keys may be a security alarm system that requires no installation or additional money out of your pocket. Put your...
Faithful Homeowners May Be Negative to Economic Recovery Over the last couple of years foreclosures have decimated all aspects of the housing industry. Sadly, a more severe problem may be caused by the millions of homeowners who have been & continue to faithfully pay their mortgages on time...but...
The Neighbor Next Door On one side we have those who defend the homeowners from the Big, Bad, Greedy Banks who allowed underwriters to sign-off on those ridiculous loans...and now are taking all steps necessary to evict the homeowners. On the other side we have those who defend the banks that are...