Peter Buchsbaum's (peterbuchsbaum) Blog

As my day is finally coming to an end I look back on the days events and some days are funnier than others. Today went from normal to crazy in the blink of an eye. It started out with a panel discussion that I was fortunate enough to sit on the panel. The discussion was how to fund short sales. T...

The number of contracts for previously owned homes increased in February. That's right there was an 8.2% increase over last month but more importantly it was up 17.3% over the same period last year. While the monthly gain may be attributed to the impending end to the tax credit the year over year...

Yes it is "pretty clear" that the recession is over. It must be true. I read it in the Philadelphia Inquirer. It was on the back page of the business section. It would have been on the front page of the newspaper but the Eagles traded Donovan McNabb to the Redskins and that took up the entire fro...

As April 5th approaches and many people are concerned about the "new" FHA upfront premium, I thought a little perspective was important. First, "new" is really old. The upfront rate used to be 2.25%. So we are just moving back to where it was. This is not the definition of new. Secondly the incre...

I recently read Dr. Seuss' book titled "If I Ran The Circus" and thought what if I ran the mortgage circus. First some history. According to the book there is a vacant lot behind Sneelock's store. Morris McGurk was a young man with big ideas and he thought that this was a great place for a circus...