The best shot you have is to organize yourself, build the right plan and attitude, and have the discipline to attack the mortgage head-on.
Economists Dismiss the Idea of a Housing Bubble in the US
The S & P/ Case-Shiller Home Price Index was recently released and along with other reports showed real estate prices are continuing to rise. This has led to some economists beginning to ask if another housing bubble could be forming. According to the article in the Wall Street Journal, the latest data shows housing prices
RealtyTrac: 21% of Markets Could Be Developing Housing Bubble
One in five housing markets have exceeded their historical affordability norms and may be showing early signs of a housing bubble.
Lenders Warn of New Housing Bubble on Horizon
Mortgage bankers are fearful that another real estate bubble is on the horizon, according to a quarterly survey of 203 bank risk managers from the United States and Canada conducted by FICO
Overseas Markets on Verge of Bubble, IMF Warns
The International Monetary Fund says that several global housing markets are overheating, even in the U.S. – which is still digging itself out of a housing bubble that popped in 2008.
Why Housing Needs Higher Interest Rates
1. Help Reign In Rampant Speculation Speculation on the most massive scale in human history is taking place in virtually all of America’s major cities today. Fueled by trillions of dollars at near-zero interest rates, courtesy of the Federal Reserve. Tens of billions of dollars monthly, is being loaned to recently created, (i.e. no track
A Short Rant on Ecomomic Disaster: The State of Fair Play 2013
Anyone reading this has to have been affected by the so called “Great Recession”, and most of you very negatively. Without going into history lessons or far reaching “what ifs” – suffice it to say when Wall Street crashed this time, your future was altered inextricably. Given all that, near continuous news of underhanded dealings prompts this little rant. Okay, it’s a big rant – but you don’t even want to go here.
Flipper’s Role in Housing Bubble Exposed
A new federal report shows that house flippers – investors who bought properties in the housing boom, did them up, then sold them on for a quick profit – bear more responsibility for the housing bubble than we first thought, according to a report in the Associated Press. The Federal Reserve Bank of New York
Home Prices Continue To Fall
The latest data available shows that home prices continuing to fall in most of the country’s major cities, with at least ten of the country’s biggest housing markets reaching their lowest level since the beginning of the housing market crash. According to the results, from the newly-published Standard & Poor’s/Case-Shiller index, which publishes details of