General Information

Is The Economy Worse Than We Think?

We are presented with conflicting data almost daily about the œhealth of the economy. And I am no economist, but I believe that I do possess some common sense.So, here™s what I have been thinking.It is obvious that millions of people are N...

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House Prices Will Continue To Tumble

We have written several blogs recently quoting numerous sources saying now is the time to buy a home. We agree that now is definitely the time to buy. This is NOT because we are calling the bottom for real estate PRICES. What we have said is th...

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Why They Are Saying To Buy A Home Now….

Despite what appears to be a non-stop wave of tough news regarding real estate, four major media players have come out this month with the same advice: It Is Time to Buy a Home! Here are the four articles and a breakdown as to why the advice ma...

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QRM: The Potential Cost To A Purchaser

The Quality Residential Mortgage (QRM), a proposal by the government to tighten lending standards, has initiated quite a debate. The government feels strongly that standards must be raised while others have debated that the new guidelines are a...

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Home Prices: Even More Confusion….

We attempt to keep you abreast of the housing market. When will demand for housing return to historic averages? What impact will foreclosures continue to have? Where are interest rates headed? There are no simple answers to any of these questio...

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Does Your Lender Want To Say YES?!

As people go through the mortgage process today, I believe that they wonder if their lender has gone insane. Lenders ask for documentation repeatedly, constantly updating, asking for further clarification and explanation for everything. Income,...

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What About The Cost Of Delaying Your Dreams?

Whether a family is thinking of buying or selling a home, price seems to have become all important. I™m not sure why that has occurred. I realize, whenever anyone sells or buys anything, making sure you get a ˜good deal™ is a crucial part ...

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Are Home Prices Headed Up Or Down?

Here are two headlines that appeared in print last week:LA Times: Case-Shiller Home Price Index Hits New Low  Forex: CoreLogic: Home Price Index Increased 0.7%In the Los Angeles Times story, David Blitzer, chairman of the S&P index committ...

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What Impact Will QRM Have On Housing Demand?

The federal government would like to dramatically decrease their role in the financing of residential real estate. To that goal, they have proposed the guidelines for a ˜Qualified Residential Mortgage™ (QRM). How would these proposed guideli...

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