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Archive for the 'Everything to do with real estate' categoryFHA says higher down payments risk double-dip price declineThe Federal Housing Administration warned in Congressional testimony that a double-dip decline in housing prices may result from even a slight increase in minimum down payments on FHA-backed loans. An excerpt from WSJ: Janitor cleans office of CEO who bought her foreclosed home
The Huffington Post just did an article on the fate of Minneapolis janitor Rosalina Gavilan Gomez, who recently learned that she’s been cleaning up after the chief executive of the bank that bought her foreclosed home — the home that she’s facing a March 11 eviction from. Interesting Real Estate VideoThe guys over at ThinkBigWorkSmall talk about the fact that China has just become the biggest real estate market (in value). They’re actually trying to slow down the buying … China Syndrome anyone? Most of us pay taxes … Some of us don’tTo everyone who claims that our wealthiest citizens pay more than their fair share of income taxes and we should cut them a break because they’re the ones who, you know, create jobs in our economy, I have four words for you: Would New Federal Rule Limit Seller Financing?A proposed federal rule that some people say could eliminate seller financing for residential real estate is generating concern among investors and the real estate community. Reflections on the Housing MarketEconomist Karl Case of the S&P/Case-Shiller Home Price Index, was on the PBS NewsHour yesterday, below is his summation of the housing crisis – in verse form. Are Appraisers the New Orgainized Crime?Do you think “The Appraiser” would make a good organized crime movie? Don’t laugh. In fact, a closer look at the industry and its scandals reveals a “Godfather”-like underbelly, complete with death threats on public officials and sting operations. |