St Louis MO Real Estate Auctioneer

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Managing Real Estate Broker - FatherTime® Auctions and Real Estate

ARCHIVED BLOG POSTS

2010 

As housing experts continue to debate when or whether housing will finally turn around for good in 2010, the one thing most agree upon is that foreclosures will continue or even outpace 2009. "Overall, foreclosures in 2010 will be just as high as we saw in 2009," says Lawrence Yun, Chief Economis...
01/26/2010
  Expiring tax credit for home buyers pressured home sales in December and then the credit was extended, so we're in uncharted territory in terms of volatility, according to Trulia CEO Peter Flint, who says prices aren't going up over the next six to 12 months. Existing-home sales plunged in Dece...
01/25/2010
With Apartment-Vacancy Rate at 30-Year High, Landlords Cut Prices 3% in 2009 Thanks to falling home prices and record low mortgage rates, it now costs less to own than it has in the past decade on a mortgage-payment-to-rent basis. But falling rents are expected to offset some of the recent improv...
01/19/2010
January 19, 2010—In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan recently announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed propert...
01/19/2010
A loan modification may dinge the credit report but it may be a better option than a foreclosure reporting. Good story on the need to disclose, disclose and disclose some more. The last thing many troubled homeowners want to hear is that they could be denied a car loan after they get a chance to ...
01/19/2010
WSJ's Jerry Seib gives an update on today's Financial Crisis Inquiry Committee hearing on Capitol Hill in which he says the heads of J.P. Morgan, Goldman Sachs, Morgan Stanley and Bank of America opened with the right mix of humility and gratitude, but remained defensive on bonuses. Watch the video
01/18/2010
Freddie Mac’s recently released economic outlook describes a refreshingly brighter view of the year ahead, but the pace of recovery in the forecast is well below the growth that has followed most recessions in the past half-century. While the housing market showed broad signs of stabilizing in th...
01/18/2010
There is some good economic news projected. According to the Economic Advisory Committee of the American Bankers Association, the economy is on a sustainable recovery path, and job growth will return this year. However, a more rapid economic growth will be hindered by high unemployment and restra...
01/18/2010
Our buyer and seller networks are extremely important to all of us. I'm always surprised at how many struggling investors I meet who are trying to break into the real estate game without the support of experienced investors.For some of them it's not for lack of trying, so here are some tips to he...
01/18/2010
Are we headed for a shift from a Home Buyers market to a Renters market? Here's a report from the Wall Street Journal that talks of the effect of the housing stimulus plan as well as raising that question and others about the need for continuation of the housing stimulus plan. Gains in home sales...
01/18/2010
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Rick Bauer

St Louis MO Real Estate Auctioneer Realtor CAI GRI
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