house value: Chinese Proverb Applied to Real Estate
- 08/10/11 02:58 AM
“Better the cottage where one is merry than the palace where one weeps.” (Chinese Proverb) from one of my favorite blogs Jack's Winning Words I suppose that the proverb might fit better were it worded "Better to live in a 1,000 Sq Ft ranch that is paid off than a 5,000 Sq Ft McMansion with a super-jumbo mortgage". That woud be especially true for those in this area who bought the McMansion at the peak of our local real estate bubble (about 2006, here). Those folks are weeping now because they are trapped in homes that are so far underwater that they … (1 comments)
house value: Are you a prisoner to your house?
- 05/03/09 01:03 PM
Is your house the main thing that is holding you back? Need to move to take that new job, but can't afford to sell? Want to downsize for retirement but can't. In fact many recent reports have shown that America's workforce is frozen in place and unable to move to where there are jobs available because the workers have homes that they can't sell - many that are worth less now than they owe on them. We've become a nation trapped in our homes.The Obama administration has lots of programs underway to try to help lenders and homeowners deal with this … (0 comments)
Posts about things going on in Real Estate in Milford, Michigan; Highland, Michigan; White Lake, Michigan; Commerce Twp, Michigan,; West Bloomfield, Michigan; South Lyon, Michigan; Birghton, Michigan and HArtland, Michigan in Oakland and Livingston Counties of Michigan
“Better the cottage where one is merry than the palace where one weeps.” (Chinese Proverb) from one of my favorite blogs Jack's Winning Words
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