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Jan

31
2008

Do You Twitter?

By , Thursday, January 31, 2008.
Brian Brady does. He's sending his Mortgage Rates Reports out via Twitter. Amongst the digitally savvy, tools like Twitter are driving a growing trend of microblogging. You tell the world what you're doing in 140 characters or less and so...  more...

House calls uncommon for nurses ...

By Glenn Roberts, Jr., Thursday, January 31, 2008.
A study released this week by the Center for Housing Policy, a research affiliate of the National Housing Conference that is supported by Freddie Mac, the Fannie Mae Foundation and other organizations, shows that homeownership is just a dream in...  more...

Your check, sir

By , Thursday, January 31, 2008.
Standard & Poor's analysts said today that the tab for the meltdown of mortgage and credit markets could total $265 billion, with losses spreading from investment firms that have already made about $90 billion in write-downs to regional banks, credit...  more...

Jan

30
2008

Brownanke, you're doing a heck of a job

By , Wednesday, January 30, 2008.
Many politicians are so guarded about their views, you never feel you know what they REALLY think. Sure, they have carefully thought-out positions on key issues (sometimes determined, at least in part, by poll results). But put them on the...  more...

Will it work?

By Jessica Swesey, Wednesday, January 30, 2008.
Sawbuck Realty launched in the Washington, D.C., area today, with a take we haven't seen before. Sawbuck's business model is interesting: cut down on costs by not acting as a traditional broker (with traditional overhead costs) and instead partner with...  more...

Shiny happy people throw in the towel

By Jessica Swesey, Wednesday, January 30, 2008.
We recently started to catch hints that troubled homeowners may not be that bothered by the idea of picking up and walking away from their mortgages. The Calculated Risk blog noted it in a post that took quotes from top...  more...

Jan

29
2008

Do you think this person lost equity on their home purchase?

By Jessica Swesey, Tuesday, January 29, 2008.
We ran across this newly created blog today, http://rottenlyingsleazyrealtors.com/, courtesy of a link thrown in at the end of an AdAge story chastizing the National Association of Realtors over its latest buy-a-house-now ad campaign. (Read the AdAge story here.) It's...  more...

Jan

28
2008

Global buyers still salivate over U.S. real estate

By Jessica Swesey, Monday, January 28, 2008.
While Americans' own appetite for U.S. real estate is suppressed in many markets and market segments at the moment, global investors' appetite is growing for properties in the U.S., where their foreign money often can go a lot further. U.S....  more...

'60 Minutes' visits 'Foreclosure Capital'

By Jessica Swesey, Monday, January 28, 2008.
"60 Minutes" on Sunday reached into the housing downturn and produced a 15-minute segment on the housing downturn and foreclosure crisis. You can view the video segment here. ("House of Cards") Some interesting bits from this piece: 1. The Valdez...  more...

Jan

25
2008

Conforming loan limit: your thoughts?

By , Friday, January 25, 2008.
Without claiming to have laid the issue to rest, maybe it's time to turn our attention from what, if anything, House leaders have agreed to in regards to an increase in the conforming loan limit, and consider what the impact...  more...

Field Marshal von Bernanke

By , Friday, January 25, 2008.
"No battle plan survives initial contact with the enemy" Prussian Army chief of staff Helmuth Karl Bernhard Graf von Moltke famously said back in the 19th century (or words to that effect). The best laid plans often have to be...  more...

A bright spot in the cold, dark rain

By Jessica Swesey, Friday, January 25, 2008.
If you managed to make it through the week without jumping off a cliff from reading all the dark and depressing financial and housing news --- Infectious Greed today points out a tiny beacon of light in the dark mess...  more...

Jan

24
2008

Conflicting loan limit

By , Thursday, January 24, 2008.
The Bush administration appears willing to go along with an agreement by House Democrats and Republicans to boost the conforming loan limit. But while Fannie Mae and Freddie Mac will apparently be allowed to romp in what is now jumbo...  more...

Know when to fold 'em, know when to walk away

By Jessica Swesey, Thursday, January 24, 2008.
Parents often tell kids about choosing their battles, knowing when it's time to fight and when it's better to walk away. Couples therapists also stress this mantra of choosing battles and knowing when to back down for the sake of...  more...

Jan

23
2008

Roost jumps into real estate search scene

By Jessica Swesey, Wednesday, January 23, 2008.
A new real estate search site rivaling the likes of Realtor.com, Trulia and Zillow, has pounced on the scene. Roost.com launched its public beta today. The site appears to mirror Trulia in the way that property listings search results show...  more...
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