Renting: How It’s Changing America Who would’ve thought? From cars and boats to books and dresses, Americans are crazy about renting.  We seemingly now live in a Netflixtopia sort of world where people would rather rent the things they like than own them.  We all have looked in our closet and said, “I have nothing to wear!” right? Well, most [...]
Fri, 11 May 2012 23:35:47 +0000 Has Housing Hit The Bottom Finally? Video Existing home sales declined in March 2.6%. Â Is housing having some positive impacts on the economy? Are home prices still elevated? How long will housing bounce along the bottom? Â Watch this Yahoo Finance video and find out.
Fri, 04 May 2012 16:41:40 +0000 Where is the housing market headed in 2012? Great Question! Based on previous posts, you may guess that I’m going to say the housing market is headed down.  Not so fast.  Each year, the housing market has ups and downs. This is primarily based on the season.  We all know that people start looking for a house around spring and summer and then [...]
Thu, 03 May 2012 01:26:39 +0000 Housing Recovery? Not in This Lifetime According to Yale economics professor and co-creator of the Standard & Poor’s/Case-Shiller home price index, Robert Shiller, the housing market is likely to remain weak and may take a generation or more to rebound. The reason? Shiller said in a recent Reuters article that a weak labor market, high gas prices and a general sense of unease among consumers was [...]
Wed, 25 Apr 2012 02:31:35 +0000 New Rules for CA Foreclosures? California lawmakers have introduced a sweeping set of new rules for mortgage servicers. Attorney General Kamala Harris helped craft the legislation. She was one of the last to sign the $25 billion settlement with mortgage servicers, which included a set of new standards as well. Many of the requirements also came under consent orders signed with federal [...]