Working the real estate world in San Jose, California.
ARCHIVED BLOG POSTS
An article in the local San Jose Mercury News newspaper brought to light an obscure provision in bankruptcy law that is getting more and more attention because of today's mortgage crisis. Would you think it possible that a second mortgage can be eliminated alltogether with no recourse or foreclos...
The national property search and information web site Realtor.com just reported that in April 2011, San ose was the 8th fastest-moving real estate market in the entire country. In California, only San Francisco, Oakland and Bakersfield (seriously?) were higher in the list. Here's the full list: D...
Freddie Mac, one of the government sponsored entities (GSE's) with a hand in the U.S. mortgage market, has produced an excellent five video series answering key myths regarding foreclosure. The videos are short (90 to 120 seconds) and packed with straight-up answers. These are must-watch videos ...
The home-building industry continues to struggle through the worst downturn on record. February reports showed that new-home construction in the U.S. fell to a level of about 250,000 homes for all of 2011, which would be the fewest built since recording keeping began in 1963. Obviously, this is r...