Residential Market Opportunites

The government has decided to continue the $8,000 “first time” housing tax break through April 2010.  Coupled with slipping mortgage rates, lots of people hit the market to grab a home.  An annualized sales pace of 6.1 million was the result, a 10.1%...

Foreclosure Market Trends

Download the Foreclosure Market Trends Report UNEMPLOYMENT STILL RISING AND SO ARE MORTGAGE DELINQUENCIES … Nearly ¼ of all FHA loans are at least 30days behind, and mortgage delinquencies have hit a new high in the 3rd quarter. Rising unemployment is starting to hurt...

What will indicate to you that the economy is improving?

I recently read this article in USA Today (10/15/09) that gave the top indicators of economic health. These are the indicators according to HSBC Consumer Survey of 1,000 households. 42% stated: People around me get jobs again 39% stated: Unemployment rate declines 22%...