It appears that the Defendants have been caught with their pants down in a major league cover-up related to the $24 billion ”Loan To Own” lawsuit. Palm Coast, FL – April 28, 2011 – A third amended complaint has been filed in the $24 billion lawsuit against Credit Suisse and Cushman & Wakefield. A March […]
Growth should pay its own way say impact fee proponents. But impact fees have more impact than you think. And they can be unevenly applied. Palm Coast, FL – April 27, 2011 – Impact fees stem from a notion that growth should pay for itself. Without a doubt, new construction brings with it demands for […]
The rate is down from 67.1% one year ago, and a single basis point dip from the previous quarter. But it has not been this low since the fourth quarter of 1998. Palm Coast, FL – April 27, 2011 The homeownership rate dropped to 66.4% in the first quarter, the lowest level since 1998, according […]
Inflation, or price-level growth, is important for REALTORS® because it ultimately affects mortgage rates and the ability of home buyers to purchase a home. Palm Coast, FL – April 26, 2011 – Inflation, or price-level growth, is important for REALTORS® because it ultimately affects mortgage rates and the ability of home buyers to purchase a […]
Understanding government’s failure to stop bankers OR scammers from destroying homeowners. Palm Coast, FL – April 26, 2011 – Here is a long piece about mortgage modification scams; who’s involved and why its not getting any better. From: Mandelman Matters Sit down and relax… you’re going to need a comfortable chair. But, I promise you… it’ll […]
Analysts at Econoday expected existing home sales to post a 3.7% gain. Palm Coast, FL – April 25, 2011 New home sales in March greatly beat market analyst expectation by jumping 11.1% in March from the previous month, according to the Census Bureau. Analysts at Econoday expected existing home sales to post a 3.7% gain. […]
This is about as perfect an example of how American politics works as you’ll ever see. This foreclosure issue is a monstrous story that is somehow escaping national headlines. Palm Coast, FL – April 25, 2011 A hilarious report has come out courtesy of the National Institute of Money in State Politics, showing that Iowa […]
The housing crash seems to have had little impact on consumer confidence, as 81% of adults believe buying a home is the best long-term investment a person can make. Palm Coast, FL – April 23, 2011 The housing crash seems to have had little impact on consumer confidence, as 81% of adults believe buying a […]
A weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – April 22, 2011 – Every week the Research staff of the National Association of Realtors® analyzes key data releases and explain what they mean for you and your […]
They don’t make as much as you think. Palm Coast, FL – April 21, 2011 – Realtors® do not earn as much as people think they do. With few exceptions, real estate brokers and sales associates are paid only when a transaction closes. That transaction usually begins with a listing agreement. A sales associate may […]