Is your mind in the game ?

July 26, 2010

Top 10 Distinctions of the Millionaire

Read the full article →

June new home sales still low…

July 26, 2010

New-home sales are down 16.7% compared with a year ago.The months’ supply of homes on the market fell to 7.6 months in June from 9.6 months in May.

Read the full article →

A foreclosure reduces the value of a home by an average 27%

July 23, 2010

A much higher discount on Foreclosure homes than occurs with other types of forced sales, according to a recent study that will be published in the American Economic Review.

Read the full article →

REO Bus Tour – check it out, some great info.

July 21, 2010
Read the full article →

California – Hotspot for mortgage fraud

July 21, 2010

California seems to have a lock on having the most fraud involving home equity lines of credit.

Read the full article →

Bernanke: Fed ready to take more actions if needed

July 21, 2010

The Federal Reserve stands ready to take further actions if the U.S. economy slows significantly or falls back into recession, Fed Chairman Ben Bernanke told Congress on Wednesday. Bernanke did not elaborate on what further steps the Fed might take.

Read the full article →

What Recovery ?

July 19, 2010

Not surprisingly, the recovery we have been seeing and hearing about is in many ways almost not at all a recovery–because it isn’t being felt by most Americans.

Read the full article →

An analysis of “shadow inventory” in the 20 Major Markets

July 19, 2010

An analysis of “shadow inventory” published by Standard & Poor’s Ratings Services showed considerable variations in 20 major markets that could indicate where prices will stabilize or decline.

Read the full article →

Banks Repossess 4,000 South Florida Homes Per Month

July 18, 2010

Banks took back an average of 4,000 South Florida properties each month during the first half of 2010

Read the full article →

U.S. home ownership declines

July 18, 2010

With millions of homeowners now facing foreclosure, the housing crash could see U.S. home ownership falling to under 62 percent comparable to 2001, says a real estate industry expert.

Read the full article →