Underwater nation – Over 14 million homeowners now sit in a negative equity...
One of the unintended consequences of growing a large shadow inventory is the unfortunate creation of a giant pool of negative equity homeowners. Zillow recently reported that over 28.6 percent of...
View ArticleThe house broken American: Many Americans believe they will work until they...
Americans for the most part are bad at saving money. In fact, the entire credit boom and bust was largely fueled by people and banks living way beyond their means. Even after the recent boom in the...
View ArticleWhat happened to the traditional home buyer? California has the highest...
Existing home sales continue to operate in an anemic range. The latest existing home sales figures show that sales volume is back to where it was in July of 2012. A large part of this is due to...
View ArticleHome ATM is open for business again: Home equity lines of credit up 21...
I love the antiquated notion that most people buy their homes to live in forever. To setup roots. But the underlying reality is very different. Most people stay in their home for 7 to 10 years. In...
View ArticleTreating homes like ATMs is back in fashion: Home Equity Withdrawals rising...
I love getting tips from Uber drivers especially when it comes to buying real estate. We are now back at that level where real estate can do no wrong, the house humpers are confusing luck with...
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