As I’m reading through the latest predictions for the upcoming market conditions, I’m taken aback by one of the statements. In an article written by Jed Kolko, Chief Economist for Trulia.com entitled What the Cyrstal Ball Says about the housing market in 2012, he points out the probability of rental rates increasing, and that it [...]
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True, I once thought certifications made a difference. What an accredited organization claimed they could provide you, which was basically human approval and recognition that you can pass a series of tests, once appealed to me and was even believed to be needed in order to succeed.
I suppose they could make a difference to someone who [...]
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The economic crisis as we have experienced it thus far has been rather devastating. I have close friends who are out of work, who have been forced to sell their homes for less than they owe, and who have lost everything they have. I’m thankful that I’m able to be there to help them through [...]
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Quite a controversial headline wouldn’t you say? I would bet you think my tone may be a bit strong, but I think I have just cause.
The “Cash For Clunkers” plan that Congress has approved is an absolutely stupid idea. Sure, it sounds nice. Bring your gas guzzling vehicle to a dealer and they’ll apply [...]
Continue Reading →The following information was provided by Marc McCain, Attorney at law, regarding the changes that are coming regarding the Arizona Anti-Deficiency legislation.
A deficiency is the amount that you still owe the bank after the bank forecloses. If you are selling your home short of what you owe, or you are about to experience a [...]
Continue Reading →It’s not a big surprise considering the number of homes that have been selling recently that the inventory has depleted considerably and the availability of affordable housing is drying up after this massive real estate hemorrhage.
I cannot tell the future, but I can see when there’s a break in a pattern, as you will [...]
Continue Reading →This is a pretty simple concept that can be over complicated by economists. A buyer’s market simply means that it’s better to be buying than selling. Why? Too many houses (supply surplus) and not enough buyers (no reckless lending.)
When a supplier (people selling homes) floods the market with [...]
Continue Reading →I’ll be frank. The media is the cause of all of our negative perception. Last night as I was listening to Fox news (Channel 10 Cox Cable, Scottsdale Arizona) I heard nothing good. People dead, people run over, people hurting, bad, bad, bad…
…and the bad news continues. “HOME PRICES POST A RECORD DECLINE.”
…yeah? [...]
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Posts from OwingMoneySucks.com- Tax Refunds Are Bad For The Economy February 5, 2012
- Please, I Beg of You, Get In The Know December 19, 2011
- Really, Fannie Mae? December 7, 2011
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