3 years after the crash

It is now about 3 years after the real estate market crash.  Many things have happened since then (ex: crappy jobs market and our country’s leadership in a downward spiral).  Not only is the foreclosure rate still very high (which i expected and believe will continue for at least another 2 years) but, with the [...]

quick blurb on 1 year after crash

I was watching GMA this morning and they did a 2 minute blurb on where we are 1 year after the crash started. They had experts to represent 3 areas: stocks/growing your money, housing, and the job market.

Home Sales are Up AGAIN!

This was a great article in the LA Times… http://bit.ly/18MHjB

Is the economy healthy?

This article was Yahoo IM’s pop up today. It caught my eye and proved worthy of reading. It definitley seems positive. http://news.yahoo.com/s/ap/20090825/ap_on_bi_ge/us_economy

It seems to me that about every 4 days or so the media changes their stance on where the economy sits. So, we should be seeing more headlines by this weekend that say the economy is getting worse

Are there any psychics out there?

Every day there are new articles published on various high profile web sites claiming to be able to predict the future of real estate. Reading them actually gives me a headache and i find myself debating outloud in my living room with these articles.

Understanding Short Sales

There is a great article on MSN’s website about buying a short sale property. I’m including the link here and reproducing it below (as they do change their sites so this link may be no good shortly)

Is the housing market out of the woods?

They are saying that the market has bottomed out… or at least it appears to be as pending home sales is showing a rise in sales… June was the 5th month in a row (NAR reports that the last time we saw a 5 months of increases in a row was in 2003).