Fair Plan Insurance Bailout
In 2019, there were 7,628,017 single-family homes in California (according to the Census). If 90% are insured, it would be around 6,865,215 households to split the $500 million, or $73 per house. In...
View ArticleBank of Mom & Dad
How can the market keep going? Generational wealth distribution! Among respondents with an annual income over $100,000 who anticipate familial help with a down payment, the average expected level of...
View ArticleMayor Gets Forgiven
Hat tip to daytrip for sending in this article on mortgage forgiveness: http://www.clarionledger.com/story/news/local/2016/05/21/jackson-mayors-mortgage-vanishes-after-election/83615172/ A few weeks...
View ArticleSquatters Still Squatting
Collateral damage from the on-going No Foreclosure era – hat tip to Richard! http://www.nytimes.com/2016/05/15/us/las-vegas-squatters-housing-collapse.html LAS VEGAS — On a drive through this desert...
View ArticleMore Sermon
More on how the game has changed forever: http://www.housingwire.com/articles/36843-treasury-committing-1-billion-more-to-fight-blight-help-struggling-borrowers? The post More Sermon first appeared on...
View ArticleSolutions For The Non-Super-Rich
Hat tip to Eddie89 for sending in this article – he also wondered when we’ll see this around here!...
View ArticleNational Housing Policy
I saw these questions from Ed DeMarco on Twitter. My answers: 1. Have the M.I.D. apply towards primary residence only (not second homes), and lower from $1,000,000 to $500,000. Those buying in hopes...
View ArticleBoomerang
From the SD Union-Tribune: http://www.utsandiego.com/news/2015/jun/05/foreclosure-shortsale-boomerang-buyers-real-estate/? An excerpt: When Chad Sanfillipo got the keys to his house in Ramona last...
View ArticleWait And See About Foreclosures?
This presentation covers both sides of the concerns about home values plunging because of the effects of the pandemic on the economy. Suze says don’t buy a house until later this year because there...
View ArticleGlobal Financial Meltdown
A viewer’s comment on YouTube led me to this terrific inside view of the 2008 financial crisis, and the resulting impact on the world. It rightly blames the entire fiasco on the Tan Man, who pitched...
View ArticleSolutions For The Non-Super-Rich
Hat tip to Eddie89 for sending in this article – he also wondered when we’ll see this around here!...
View ArticleNational Housing Policy
I saw these questions from Ed DeMarco on Twitter. My answers: 1. Have the M.I.D. apply towards primary residence only (not second homes), and lower from $1,000,000 to $500,000. Those buying in hopes...
View ArticleBoomerang
From the SD Union-Tribune: http://www.utsandiego.com/news/2015/jun/05/foreclosure-shortsale-boomerang-buyers-real-estate/? An excerpt: When Chad Sanfillipo got the keys to his house in Ramona last...
View ArticleKitchen-Sink Foreclosure Avoidance
Hat tip to daytrip for sending this along: http://www.vice.com/read/this-former-bank-regulator-quit-his-job-to-fight-for-his-house-518 Eric Mains is fulfilling a dream many Americans have had since the...
View ArticleMore Free Cheese
More foreclosure-avoidance incentives were announced this week: http://www.mortgagenewsdaily.com/12052014_hamp_mfa_programs.asp An excerpt: “While the housing sector has strengthened in recent years,...
View ArticleIs China Next?
The looming real estate crisis in China, from 60 Minutes: The post Is China Next? appeared first on bubbleinfo.com.
View ArticleBank of Mom & Dad
How can the market keep going? Generational wealth distribution! Among respondents with an annual income over $100,000 who anticipate familial help with a down payment, the average expected level of...
View ArticleMayor Gets Forgiven
Hat tip to daytrip for sending in this article on mortgage forgiveness: http://www.clarionledger.com/story/news/local/2016/05/21/jackson-mayors-mortgage-vanishes-after-election/83615172/ A few weeks...
View ArticleSquatters Still Squatting
Collateral damage from the on-going No Foreclosure era – hat tip to Richard! http://www.nytimes.com/2016/05/15/us/las-vegas-squatters-housing-collapse.html LAS VEGAS — On a drive through this desert...
View ArticleMore Sermon
More on how the game has changed forever: http://www.housingwire.com/articles/36843-treasury-committing-1-billion-more-to-fight-blight-help-struggling-borrowers? The post More Sermon appeared first on...
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