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good news: Great news about the housing market! - 12/21/07 07:35 PM
For all of those who are scared about dropping values and increased foreclosures, there is one aspect of the real estate market that will soar, and that is the RENTAL MARKET. The basics of supply and demand state that when there are fewer homes available to rent, and many people will not buy, rentals are going to be a hot ticket for the next couple years. To all those investor clients that catch themselves in a short sale situation, it would not be such a bad idea to try to hold on to that property for a little longer. 
 
 
I have noticed in the … (5 comments)

good news: Bush Says He Wants to Help Homeowners, Not Mortgage Lenders !!! - 09/01/07 05:24 PM
Bush Says He Wants to Help Homeowners, Not Mortgage Lenders Sept. 1 (Bloomberg) -- President George W. Bush said that his plan to fight the subprime mortgage crisis will help people hold onto their homes, stressing that he opposes an industry ``bailout.''
``I support action at the federal level that will help more families keep their homes,'' Bush said in his weekly radio address. ``It is not the government's job to bail out speculators, or those who made the decision to buy a home they knew they could never afford.''
Bush yesterday announced he will let the Federal Housing Administration, which insures mortgages … (2 comments)

 
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Hayden Gerson

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