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Lots of Confusing Reports From The Media Concerning Real Estate »
There have been lots of confusing reports over the last few days concerning Real Estate and the housing market.
First, we received this positive news, telling us how home sales increased in February.
Then yesterday we found out that home prices declined.
Today the big news is that new home sales, or new construction, saw a decline in […]
The Real Cause of Sub Prime Mortgage “Crisis” »
Once again, government isn’t the solution. Government is the problem.
Justin does a great job of explaining the way things work in America these days.
So, for those of you who are still trying to catch up, this is how things work in America. The government decides something in the economy isn’t “fair”. The government then enacts […]
Countrywide And The Bed They Made »
Blue Collar Muse has a great post titled “Nobody Should Do What Countrywide Can…“. He is right to point out that simply, lenders made bad loans. In addition to that, borrowers took those bad loans. But if the market is left alone, these lenders will suffer, as well they should.
You know, I realize that what […]
Mortgage Problems Hurt Home Sales »
As expected, mortgage problems are having an impact on home sales. Even though numbers are decreasing, the volume of existing home sales for 2007 will still be better than that of 2002, the second year of the housing “boom”. That still isn’t too bad, but if you listened to the media without truly investigating […]
This REALTOR Says No To A Government Fix »
As I stated in this post, the Bush plan to aid homeowners doesn’t bother me that much. It is certainly less intervention than I expected from the President. However I still do not support it or any other type of governmental meddling in the housing market. If I believe something to be wrong, I oppose […]
Discussion About The Bush Plan »
I very much enjoy provoking a good discussion, even if some of the discussers (yes I invented that word) tend to delve off into emotionalism and away from intellectualism. Still though, it is interesting to see what people think about the Bush plan to aid borrowers.
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Not Unprecedented »
My good friend and fellow Realtor, Kathy T. has written a couple of interesting posts about declining home sales and the recent increase in foreclosures. There was a lot of emotional discussion on this topic at Tiny Cats Pants and Music City Bloggers. Newscoma was correct to point out that the numbers being discussed are […]
