Thursday Real Estate Reading

Housing

Existing Home Shadow Inventory remains at 1.6 million units - CR

Merrill: House prices”bottoming now” - CR

We have … updated our home price model andbelieve that prices are bottoming now. However, we continue to believe the recovery will not begin in earnest until 2014. … we expect roughly flat home prices this year and next with modest growth in 2014.

Another Hidden Bailout: Helping Wall Street Collect Your Rent – Matt Taibbi

So congratulations, America, your quasi-governmental housing entity is about to subcontract out mass-landlording/slumlording jobs to the likes of John Paulson and Warren Buffett, so that they can add to their bottom lines collecting rent payments in the middle of a nationwide housing slump.

As one hedge fund analyst put it to me this morning: “Help inflate the bubble, create a foreclosure crisis, buy homes in bulk, and rent them out to the same average homeowner.”

Is this what we had in mind when we created the “ownership society” – helping billionaires collect your rent?

Mortgages rates surpass 4% for first time since October – HousingWire

Housing is still ‘shadowed’ by supply – MarketWatch

Home demand took a step forward in February. But oversupply remains a problem.

The Housing Crisis Is Crushing Responsible Homeowners - The Atlantic

The Changing Face of Foreclosures – The Fed

 Thursday Real Estate Reading

Economists Temper Expectations for Home Price Improvement – Zillow

Economy

Why gas prices vary so much from one place to the next – Ezra Klein

The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks – TBI

On Not Being Greece – Esquire

Given my own limited aptitude in the field of economics, I long ago determined that there was only one thing I really needed to know about economists.

They make it all up.

Misc.

Are Your Morning Vitamins Slowly Killing You? – Gizmodo

Colleges slashing tuition, offering 3-year degrees – CNN

California Mom Turns Shipping Container Into Home (VIDEO)

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Greg Fielding

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J. Rockcliff Realtors

15 Railroad Avenue

Danville, CA 94526

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About Greg Fielding

I am a longtime real estate agent who has pretty much seen it all during the housing boom as bust. With experience in selling high-end property and low-end foreclosures, raw land, short sales, development work, apartment buildings, and working with investors, I bring a well-rounded perspective to my work.I also have started to do some paid real estate consulting. If you have questions or just need some good real estate advice, book an appointment at http://whattodorealestate.com/In addition to selling real estate, my insights have been featured in The New York Times, The Big Picture, and regularly on Patrick.net. I have also done consulting work with ForeclosureRadar.Starting my career, in 2003, I have sold homes throughout Alameda and Contra Costa counties, specializing in Danville, Alamo, Blackhawk, San Ramon, Dublin, Pleasanton, Walnut Creek, Lafayette, and Orinda. I live in Danville with my three kids.


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One thought on “Thursday Real Estate Reading

  1. Laskar

    The USA was a bloated ungrauleted no-mans land Wall Street is so corrupt and sick. Everything about the USA is fake. Fake boobs, fake faces, fake economy. Do not compare Canada to the USA. We don’t have ungrauleted derivitive markets. Less govt? Well, you certainly got it and btw less govt means less eye’s on wall street its not about less people working at the DMV.

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