Jason Mitchell's (reoexperts) Blog

Here are the questions to ask yourself if home buying is right for you Do you need the flexibility of renting? or can you afford to stay in your home for at least 5 years or longer? Can you afford a 20% down payment? Can you afford a monthly payment on a 30-year fixed mortgage? ask your CPA ... D...

Respected economist and Mercer University professor Roger Tutterow predicts the nation's housing market will return to near normal conditions by mid-2009. "I think we will move sideways for a couple of more quarters, and hopefully by the time we get into the middle part of 2009, we will have had ...

In today's challenging market with less buyers and more sellers, Make your home Stand out enhanced marketing such as staging your home so it appears above your neighbors and your competitors (often they are one in the same) is critical. A home that has obvious physical flaws or simple lack of upk...

Federal Reserve policymakers are expected to slash a key interest rate by a half-point today. It is not enough! The worst financial crisis in 70 years has forced the Fed to employ all the weapons in its arsenal - including cutting interest rates to near historic lows - to try to keep the country ...

  On Wednesday, the Federal Reserve is expected to announce a cut in its fed funds rate -- and Wall Street is looking for a drop in the key interest rate by half a point to 1 percent. The White House is putting its foot down and telling the banks to start lending. The Treasury Department, which i...

The Commerce Department on Monday reported inventories of unsold new homes fell in September, but the overhang is still way above normal and suggests builders need to show continued discipline before supply matches demand, a Wall Street analyst said. "We continue to believe months of supply needs...

Wall Street journal reported that as real estate prices plummet, bloggers and commenters are gong on line to grip: Where Gripers Go   Brownstoner, Brownstoner.com Examines Brooklyn real estate and lifestyle Manhattan Beach Confidential, mbconfidential.com Lists open houses in the Manhattan Beach ...

Fox-Pitt Kelton housing analyst Robert Stevenson on Monday increased his forecast for home-price declines, saying foreclosures are driving down pricing faster than he had expected.  "Our original expectation that home prices had another 15% to fall appears far too conservative," Stevenson wrote i...

Sub-prime lending and easy credit are widely considered the primary factors that caused the expansion of the housing bubble and the expansion of housing prices that led to the ultimate implosion of the real estate economy. However, ....what are the reasons that caused the mortgage crisis? and the...

Sales of new homes rose an estimated 2.7% in September to a seasonally adjusted annual rate of 464,000 in September, the Commerce Department reported Monday, close to the 460,000 pace expected by economists surveyed by MarketWatch. See Economic Calendar. Sales surged 23% in the West, bouncing bac...