All Posts Tagged With: "real estate"
Public to Politicians: End Foreclosure Mess
Candidates running for office in 2012 had better put their housing game on the table. From tiny towns to the national electorate, voters have been clear about who they want in office — elected officials who see housing as an economic cornerstone critical to recovery. More than 80 percent of Americans believe housing is critical [...]
13Dec2011 | Broderick Perkins | 1 comment | Continued
Should Government Set Mortgage Rates?
With all the talk of getting a new mortgage there’s one question which no one seems ready to touch: Why doesn’t the government ought to set mortgage rates? At first this may seem like an audacious idea, a violation somehow of the free market absolutism preferred by so many businesses and industries — at least [...]
26Sep2011 | Peter G. Miller | 0 comments | Continued
Bin Laden Liked Animal Porn, Craved Miami Condo, Pork Rinds
That haul of secret computers, disks and videos from the Abbottabad compound of Osama Bin Laden has begun to yield substantial intelligence, according to highly-reliable sources in Washington. “When the full story gets out the public will be amazed,” said one official who cannot be identified. “We were shocked, just shocked, at what we found. [...]
25May2011 | Peter G. Miller | 0 comments | Continued
Why Less Government Means Fewer Jobs and Lower Home Prices
The latest report from Case-Shiller tells us that during the past year home values fell in 19 of 20 major cities. The exception was the Washington, DC metro area where home values rose 2.7 percent. The question is why are home values rising in one area but not 19 others? Is there a magical formula [...]
4May2011 | Peter G. Miller | 0 comments | Continued
Less FHA Mortgage Loan Demand Undermines American Home Prices
A small change in FHA guidelines has now hit the market and the result has been both immediate and devastating. “Purchase applications fell last week, driven primarily by a sharp decrease in government purchase applications as new, higher FHA premiums went into effect,” said Michael Fratantoni, the Mortgage Bankers Association Vice President of Research and [...]
2May2011 | Peter G. Miller | 0 comments | Continued
Real Estate Seer: Renting In, Mortgages & Foreclosures Out
In the decades since World War II real estate prices rose with enormous consistency but now the oomph is gone. Most people are better off renting than owning, says Patrick Killelea. For him, and for millions of others, the path to financial security no longer includes real estate ownership, mortgages or the possibility of foreclosure. [...]
15Feb2011 | Peter G. Miller | 10 comments | Continued
Will home prices stabilize in 2011?
Are better times ahead in real estate? And are declining home prices likely in the coming year? Can both happen at the same time? That might be the case, according to a new analysis from Fiserv, Inc., an information management provider for the financial services industry. It says both that prices will stabilize — but [...]
2Feb2011 | Peter G. Miller | 3 comments | Continued
Real Estate, Jon Stewart & Glenn Beck
If there’s one thing that’s certain about the Jon Stewart rally in Washington it’s that the attendance has been grossly under-counted. This is not just sour grapes or an effort to re-write history. All anyone has to do is to look at a map and think about real estate: While mortgages and foreclosures are not [...]
1Nov2010 | Peter G. Miller | 0 comments | Continued
New Real Estate Dance: Do The Double-Up
With all the news regarding foreclosures and declining homeownership it might be worth mentioning that real estate is keeping a lot of people out of poverty — especially those aged 25 to 34. Figures from the Census Bureau confirm what’s widely been seen throughout America: Matt and Martha are moving back in with Mom and [...]
27Oct2010 | Peter G. Miller | 0 comments | Continued
Confidence Rising: 78% Say Home Prices Have Bottomed Out
Better than three-quarters of the American public believe that home prices have bottomed out according to a new study by Fannie Mae. The Fannie Mae findings are good news in the sense that real estate cannot be sold short, no one benefits from lower home prices. A belief that home values are rising is one [...]
17Sep2010 | Caroline H. Tucker | 0 comments | Continued
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