Will new U.S. Treasury guidlines lift dark cloud over short sales and help spur our current housing market?
Posts Tagged as ‘economy’
June 16, 2009
Real Estate Investing back to basics Part 1
Think back to just a few years ago when the real estate market was booming, and talk at most watering holes centered around someones real estate investment and how much money they made on their venture. Waiters, homemakers, doctors, and lawyers were all jumping on the investing wagon. Today unfortunately many of those same “investors” [...]
June 10, 2009
How Did We Get Here…
2001-2005; United States housing bubble 2001: US Federal Reserve lowers Federal funds rate 11 times, from 6.5% to 1/75% 2002-2003: Mortgage denial rate of 14% for conventional home purchase loans is half of 1997 – as quoted from the Federal financial Institutions Examination Council or FFIEC 2002: Annual home price appreciation of 10% or more [...]
