Featured News, Mortgage, Real Estate, Real Estate Investing, Residential, US Real Estate

Short Sales Activity Shows Dramatic Increase

By Donna S. Robinson | August 26, 2011
Realty Trac has released a new report indicating that banks are finally becoming more willing to discount pre-foreclosure properties, and short sell them, rather than continue with the foreclosure process. Prior to the housing market crisis, short sales were a relatively rare item. Most folks had never heard of them. They were rarely agreed to […]
Mortgage, Real Estate, Real Estate Investing, Residential, US Real Estate

FHFA Press Release - 250,000 Foreclosures Converted To Rentals?

By Donna S. Robinson | August 12, 2011
In a press release dated August 10, 2011, The Federal Housing Finance Agency is seeking comment on the idea of transitioning foreclosed homes into rental property, by selling the houses off to investors, who would then be required to offer them as rental property. FHFA oversees Fannie Mae and Freddie Mac, the two GSE's who […]
Mortgage, Real Estate, Real Estate Investing, Residential, US Real Estate

Latest Housing Data - 73% of Surveyed Markets Show Price Decreases

By Donna S. Robinson | August 11, 2011
According to the latest housing data for the second quarter of 2011, from the National Association of Realtors, housing prices on average continue to edge lower in almost 3/4 of the markets surveyed. While 27% of markets showed a very small increase in average selling prices, overall the data still indicates that housing will continue […]
Commercial Real Estate, Mortgage, Real Estate, Real Estate Investing, Realtors, Residential, US Real Estate

Bernanke Refuses To Flush Toilet, Economy Begins To Really Stink

By Donna S. Robinson | August 10, 2011
It's been a long hot summer. Employment is barely growing; residential housing prices continue to erode because of too many foreclosures and too few buyers; Commercial Real Estate headed south as delinquent mortgages reached an all time high in July; AIG has had enough with the endless stream of losses on MBS's and is now […]
Mortgage, Real Estate, Real Estate Investing, Residential, US Real Estate

AIG To Sue Bank of America Over High Losses on Mortgage Backed Securities

By Donna S. Robinson | August 9, 2011
The New York Times is reporting that AIG is planning to sue Bank of America over losses related to mortgage backed securities. Click Here to read the entire NYT article.   But the real essence of this story reaches back to the companies that were originating the mortgages in the first place. Bank of America […]
Commercial Real Estate, Mortgage, Real Estate, Real Estate Investing, Real Estate Resource, US Real Estate

Putting The U.S. Credit Downgrade Into Perspective

By Donna S. Robinson | August 7, 2011
In the wake of the decision by Standard and Poor's to downgrade the United States credit rating, the reaction worldwide has been somewhat muted. Of course, if nothing else, this is a gigantic embarrassment to the U.S. government, especially the congress and the Obama administration. It was on their watch that the first ever downgrade […]
Mortgage, Real Estate, Real Estate Investing, US Real Estate

Will Interest Rates Always Be This Low?

By Donna S. Robinson | August 6, 2011
Rates on 15 year mortgages are hovering in the 3.65% range, and the rate for a 5/1 ARM is below 3%. We have reached a historic low with mortgage rates. But can they stay this way forever? I'm a boomer approaching my mid 50's, and I can vividly remember the double digit interest rates that […]
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