You would think after seeing the reports that the housing market in California has gone to the dogs. But now we know that instead the cats have taken over. Bobcats that is.
A Tuscany Hil...
The Feds pulled the plug on Freddie Mac and Fannie Mae Sunday taking operational control out of the hands of managers and into the hands of the Federal Government.
The companies that were to ...
Out of the 100 largest markets in the country, those with the highest risk of mortgage defaults are in 3 states, California, Florida, and Arizona. But the segmentation of the market does not end th...
One of the hats the real estate industry is hoping to turn the market around is the Federal Housing Tax Credit. The $7,500 credit for new home buyers, or those who have not own...
There is no question that investment banks are holding a great deal of bad debt. For some the banks, such as Lehman Brothers, the debt can be crushing. We will not go into whether they created thei...
This is a scary number in the headline and one that I will repeat a different way, 64 out of every 1,000 homes that have a mortgage are late or in foreclosure. The media is trumpeting it across the...
Toll Brothers showed a modest loss of 29 million for it’s fiscal 3rd quarter amidst a horrible market. But with nearly 1.5 billion of cash on hand the company looks like it will survive the h...
I am a huge fan of the formalization of education for the real estate industry, so when new schools focusing on real estate open I am thrilled and a little biased. With that disclaimer it is great ...
Tragedy has struck a Phoenix real estate broker in his office yesterday. Irving Shuman, age 84, was found dead in his office and his car is missing.
While this is an isolated case, as a real estat...
The tough Florida real estate market has claimed another victim, this time longtime South Florida builder Oriole Homes Corp. The company was a parent company of 10 other subsidiaries that were losi...
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