Wednesday Real Estate Reading

Housing Wednesday Real Estate Reading

Housing experts optimistic, despite dismal data – WaPo

“I feel as confident as I have since the crash began that it’s now coming to an end,” Zandi said. “With a little luck, I think we’re going to be feeling better about housing six months from now and certainly a year from now. . . . All the fundamentals for housing are much, much better today than at any time since the crash.”

Why does anyone still consider Mark Zandi to be a real estate expert?

REALTORS® Forecasting Higher Prices - NAR

shocker here.

FHA Bailout Risk Looming Larger After Guarantee Binge – Bloomberg

San Francisco home prices declined most in January in survey of U.S. cities – Contra Costa Times

Housing market about three years away from full recovery – The Hill

Sheila Bair Told Administration Its Housing Programs Would Bomb, Was Rebuffed on Better Solutions - Yves Smith

Foreclosure Deal Credits Banks for Routine Efforts – NY Times

“The $17 billion is supposed to be the teeth of this settlement,” said Neil M. Barofsky, the former inspector general for the Treasury’s bank bailout fund known as the Troubled Asset Relief Program. “And yet they are getting all this credit for practices that they do every day.”

Economy

Fed Prevented ‘Total Meltdown,’ Bernanke Says – WSJ $

Student Loans Take the Place of Home Equity – Tim Iacono

Misc.

A national sex strike! Spain’s ‘high-class hookers refuse to sleep with bankers until they open up credit lines to cash-strapped families’ – Mail Online

Why Don’t Young Americans Buy Cars? – The Atlantic

ids these days. They don’t get married. They don’t buy homes. And, much to the dismay of the world’s auto makers, they apparently don’t feel a deep and abiding urge to own a car.

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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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