Thursday
Jun242010

Housing Leg number 2 down

I would spend a whole lot of time pretending that I had everything thoroughly analyzed. Really, I just read a really good blog that keeps me in the loop. Real Estate pricing just can not hold.

 

http://www.ritholtz.com/blog/2010/06/2nd-leg-down-in-housing/

 

 

Friday
Jun112010

Productivity of Americans

Today is Round 1 of the World Cup. The event is number 5 in the amount of productivity lost by American workers. NCAA, Fantasy Football, and the day after the Super Bowl all come in higher.

All combined they are still dwarfed by the internet. Does the cartoon below resemble your time at the computer?

 

Pearls Before Swine

Thursday
Jun102010

Short Sale and Foreclosure News

Recent legislation and bank announcements are changing the landscape for this sector of the market. Bank of America has committed to processing Short Sales in lieu of repossession and the government has committed funds to subsidize reduced mortgage payment by homeowners.

Wednesday
Mar242010

Nation’s Report Card finds CT achievement gap still country’s worst - Jonathan Kantrowitz - Connecticut News

Nation’s Report Card finds CT achievement gap still country’s worst - Jonathan Kantrowitz - Connecticut News


This is just the worst possible news. I blogged when they missed the Federal dollars mentioned in this article and I should have done more. How can we assume that government will do the right thing for our children in education. When they have failed our banking, finance, health, food, and defense systems. The first thing to be taken away from the government should be education. Unfortunately it will be the last.

Tuesday
Mar232010

Realty Times - Credit Consequences of Home Loss

Are people in the unfortunate circumstance or foreclosure or short sale getting all the information they need? Are the consequences down the road clear? As a Realtor my budget has been shot for a while, and a "Bunker" mentality is difficult to avoid. Decisions sometime seem cramped and immediate, a reaction to a certain situation or need. This article talks about the credit damage done by the three outcomes of an upside down mortgage; Foreclosure, Short Sale, and a Deed in Lieu transactions.

Credit Consequences of Home Loss