The Renting Alternative Will Undermine The Housing Market For Years

Day: August 26, 2010

The Renting Alternative Will Undermine The Housing Market For Years

The Renting Alternative Will Undermine The Housing Market For Years

I own my own house, and several properties, and for a while now I’ve been questioning the idea of homeownership being important to the notion of the American Dream. So let me ask you a counter-intuitive question: Why is owning your house a bad idea? To read the article, see Business Insider

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‘Jingle Mail’: Developers Are Giving Up On Properties

‘Jingle Mail’: Developers Are Giving Up On Properties

Here’s a simple question for all of you. If commercial real-estate companies are walking away from mortgages on properties that are now worth less than they paid for them, why shouldn’t homeowners? When homeowners do it, it’s seen as a violation of a business contract.  Moreover, the mortgage industry and government then toss in that…  Continue Reading

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July new home sales fall to slowest pace on record

July new home sales fall to slowest pace on record

We’ve all heard the news about the slowdown in housing sales for the month of July and most feel it’s a bad thing.  Me… I just don’t get it. The same people who told us for years that things were great during the housing boom, when prices where completely out of sync with rents and…  Continue Reading

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Bank Insider Reveals Shocking Short Sale Trends

Bank Insider Reveals Shocking Short Sale Trends

Jerami King is a former team leader for the loss migitation department of a MAJOR bank. Today he helps real estate investors and homeowners successfully navigate the pre-foreclosure process. Few people know more about the ‘ins-and-outs’ of working with leaders on short sale approvals. Tonight, Jerami will share some unnerving trends and changes in lender…  Continue Reading

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