https://www.inman.com/news/2012/09/13/foreclosures-boil-over-in-judicial-foreclosure-states This is exactly what I was talking about back in late February, as you can see in the video I produced illustrating how foreclosures in New York would be a drag on housing prices: https://youtu.be/-3L9Rdu9Eqw
The following link to an article posted on Steve Harney’s Blog, “Keeping Current Matters” is probably the best explanation, thus far, on what the new QE3 Stimulus will mean to Housing. I hope you enjoy it UPDATE: Some of our readers wanted a clear definition of what QE3 actually is. The best explanation we have seen … Read more
Ben Bernanke has made it official: QE3 Stimulus has now begun! The FED will begin pumping $40B into the economy each month, as long as necessary by buying Mortgage Backed Securities. And the FED begins buying Friday and expect to buy around $27B for the remainder of the month. But wait a minute! Hasn’t Fannie and … Read more
Because your home may well be your largest asset, selling it is probably one of the most important decisions you will make in your life. And once you have made that decision, you’ll want to sell your home for the highest price in the shortest time possible without compromising your sanity. Before you place your … Read more
If you’re like most renters, you feel trapped within the walls of a house or apartment that doesn’t feel like yours. How could it when you’re not even permitted to bang in a nail or two without a hassle. You feel like you’re stuck in the renter’s rut with no way of rising up out … Read more
Distress Sales resulting from bank foreclosures often represent a great way to get a fantastic deal on a home. It’s not easy for the average home buyer to find these deals, because you have to keep searching to see when one comes up.If you’re the type of person who recognizes what a great deal some of … Read more