Recap of May Housing Headlines May 11,2010
The housing market seems to remain all over the place. Some of the headlines seem to be more positive but we are still very concerned about the summer months and going forward. Read More...
Pending home sales up big in February April 5,2010
The National Association of Realtors said Monday its seasonally adjusted index of sales agreements rose 8.2 percent from January to a February reading of 97.6. January's reading was revised slightly downward to 90.2. Read More...
What happens when the government stops supporting the Housing Market? April 5,2010
On April 30, the Tax Credit will be gone. Banks seem to be holding 'shadow' REO inventory that has been reported in the 4-8 million range. Interest rates are set to go higher because of all of the government debt that has been added to the books trying to avert all this. Read More...
Housing bottoming or falling off a cliff? March 26,2010
Lets be honest, government attempts to resolve the housing crisis have been a miserable failure. More importantly, it has strapped the tax payer with a debt level that has never been seen in this country's history. Read More...