The latest update of the Case Shiller Index leaves analysts guessing about the future trend of real estate markets, and the doors wide open to media reports and industry propaganda that continue to pick-and-choose according to agenda. Here is a collection of today’s headlines (emphasis added): Home prices flat in March: Case-Shiller (Market Watch) Home [...]
Here is a great video that explains and illustrates the changes in the mortgage industry through the real estate bubble, and now back through the downturn of the market. Among other things, it’s a perfect illustration of why you need alternatives to conventional financing right now. One great alternative is “Temporary Seller Financing“. Knowing about [...]
Will the Fed’s takeover of mortgage giants Fannie Mae and Freddie Mac help investors and home buyers? Well, it might. The takeover is designed to shore up liquidity of the largest mortgage purchasers so that loan originators don’t get stuck with their newly originated loans. In many cases, loan approval for qualified buyers was slow [...]
I can’t believe we’ve already hit the second quarter of this year… Are you setting yourself up for remembering 2008 for all the right reasons? Here is a run down of noteworthy foreclosure blurbs for the week:1. It seems that lenders have little left to hide among federal relief plans and in-house foreclosure ”work-out” schemes. This [...]