A person’s decision to buy or to rent is based on a combination of economic formulas and emotion. And while emotions are certainly justifiable reasons to buy a house, prudent buyers will view those emotions in context, as an “emotional premium” beyond economic fact.
Sometimes it’s hard to find something to write about for your real estate blog. Luckily for you, we provide lots of fresh ideas every day. These are the day’s hottest real estate-related topics and we’re sure your readers would love to hear your take on them. Every day, we post our Daily Links. Click HERE […]
From the BEA: Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 3.2 percent in the first uarter of 2010, (that is, from the fourth quarter to the first quarter), according to the “advance” estimate released […]
There are many ways to view strategic default. Borrowers use mortgages like option contracts giving them a “put” from a lender. It can also be viewed as an insurance contract against downside price movements. Borrowers are merely collecting on their insurance policy.
‘Strategic’ Mortgage Defaults Jump to 12% of Total – Bloomberg That finding concurred with reports by Goodman, a New York- based mortgage-bond analyst, who has said there will be as many as 12 million foreclosures over the next few years unless lenders can effectively modify borrowers’ debt. Housing Bubble Didn’t Faze Desire for Buying Homes […]
Although the First Time Homebuyer/Repeat Homebuyer Credit deadline has been reached (April 30, 2010), some members of the U.S. military, foreign service and intelligence communities have another year to purchase a home and claim the tax credit.
http://www.realestateappraisertips.info/ – Real Estate Appraiser Tips! Home Appraisers: Is HVCC Actually Increasing Appraisal Fraud? Wow! This is interesting! Jacob Gaffney, with HoustingWire Update, writes about how HVCC could potentially be causing more appraisal fraud. Click read the full article, “Flopping Valuations Right Under the Nose of the HVCC“. Here are a few interesting snippets […]