Will Home Prices Dip Further?
Many housing experts are predicting a dip in home prices and sales following the tax credit rush base on them . Even though the tax credit easily calculated by the Turbo calculator has now been extended there were still many people who bought in...
Slashing Prices In June 2010
Check out this Huffington Post article which highlights 10 places where real estate prices were at least 30% of the inventory on the market slashed their prices.
If you?re looking for a Real Estate bargain, it?s definitely a buyer?s market in most places across the...
Was ?Flip That House? A Sign Of An Upcoming Mortgage Crisis?
In a 2005 meeting between economists and then Federal Reserve Chairman Alan Greenspan as the housing market was continuing to inflate a chief economist named David Stockton remarked about how he had come across a television show where the ?gist of the show was...
The Case For A Financial Products Safety Commission
Right now Congress is avidly arguing the pros and cons of financial reform. While there are some political persuasions that decry regulations, in the wake of the current financial crisis ranging from the housing bubble to the current fiasco with Goldman Sachs, it is...
Short Sale Solution
In an attempt to thwart the overload of foreclosures that is continuing to thwart the economy, a new program is encouraging banks and owners to agree on a short sale in order to sell the property and prevent a foreclosure.
A short sale is when...
No End In Sight To The Housing Meltdown
The Rich are walking away from their mortgages in record numbers. More than 1 in 7 homeowners with a mortgage of over $1,000,000.00 are seriously delinquent, while the numbers of delinquencies on mortgages under $1,000,000.00 is just 1 in 12.
1 in 7?
1 in 12?
And...
Simple Credit- A Worthy Goal
Last week, President Obama tapped Elizabeth Warren to set up the Federal Government? new Consumer Financial Protection Agency.
And she has a big job ahead of her.
But she has expressed that a high priority on her list is to make credit simple. Understandable. Reasonable.
Like, for...
Get a Mortgage, Be Alert To Credit Card Debt
Getting a new mortgage or refinancing the old one is one of the top financial tips for 2010.
Also, keep an eye on credit cards as the current trends in that area will probably continue.
See ?What to do in 2010?.
