RECENT BLOG POSTS
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Bank of America is sending out a report to help agents and their clients better understand the implications of short sales and to explain BofA's short sale process. Most of this is common sense and common knowledge. There were two parts that I thought were interesting. A short sale is now "only e...
10/21/2009
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Doing more chores around the house will get you more sex. This is only loosely related to real estate (cleaning it anyway), but it's an interesting story that's worth a look. The Wall Street Journal reports Housework Pays Off Between the Sheets A new study shows that for husbands and wives alike,...
10/21/2009
Banks are still delaying foreclosures in California. Though the number of NODs will probably be a record for 2009, it doesn't mean much because the banks aren't following through with the foreclosure. From DataQuick News California Mortgage Defaults Trend Down Again The number of mortgage defaul...
10/21/2009
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With the collapse of the housing market, development of new land for housing has come to a much-needed halt. As builders try and unload extra land, conservation groups are buying up precious parcels. The San Francisco Chronicle reports Developers' bust proves a boon for land trusts It was a joyou...
10/20/2009
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"The Money Shot" The Colbert Report Mon - Thurs 11:30pm / 10:30c The Money Shot www.colbertnation.com Colbert Report Full Episodes Political Humor Michael Moore
10/20/2009
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It's time to debunk some myths about subprime loans and borrowers. Remember when our subprime loan problems were contained? Researchers for the Cleveland Fed, Kent Cherry and Yuliya Demyanyk write Subprime mortgages: Myths and reality Myth: Subprime mortgages went only to borrowers with impaired ...
10/19/2009
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Time to party like it's 1999! Another Daily Show Classic... "Cigars and Cocaine for Everybody!" "For the economy to be healthy...the Value of the Dow has to be able to...if you flip the value of the dollar chart...f#&K each other." Once again, the best economic commentary on TV comes from Jon Ste...
10/19/2009
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By next summer, it's going to cost more to cross the Bay Bridge. The toll with either rise to $5.00 OR there will be "congestion pricing", where the price is even higher during peak commute hours. The Contra Costa Times reports Bridge operators consider raising tolls in Bay Area ...The practice o...
10/19/2009
Bay Area homeowners' continue to benefit from banks' not finishing the foreclosure process. Warning notices are up, but banks are still not following through. From the Contra Costa Times Bay Area homes still taking a hit More homeowners in the Bay Area received a notice of foreclosure — the first...
10/19/2009
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Fannie Mae, Freddie Mac, and all Government Sponsored Lenders, should immediately reduce or even eliminate the arbitrary blacklist period for strategic defaulters. Giving them a second chance at homeownership is both good for society and for our economy. In a misguided effort to deter borrowers ...
10/13/2009
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