Is foreclosure the end of the world?
The New York Times published an article on June 23, 2011 called The Post-Foreclosure Wait. It deals with the effect of a foreclosure on a person’s credit, and how long… Read more »
Real Estate Crisis or Credit Crisis?
Sell your house fast! I wrote a few days ago about the astounding number of mortgage applications that are being turned down. Statistics show that people with good credit and money down… Read more »
Will Wal-Mart Sell Your House?
What does Wal-Mart know that the rest of us don’t? The News Herald reports that Wal-Mart will so be re-opening it’s abandoned 23rd street location…AND they are planning a new… Read more »
Tight credit makes it harder to sell houses.
The June 25 2011 edition of the Wall Street Journal had a front page article titled “Tighter Lending Crimps Housing”. The article talked about the number of credit application that… Read more »
Selling your house? Some good news, some bad news…
The June 22, 2011 News Herald reported that sales of single family homes were up by 8% compared to a year ago! Great news, right? Well, at least it’s good… Read more »
Foreclosure Glut Pushes Prices Down
A recent article in the New York Times supports what I have been saying for a long time…the housing market is going to get worse before it gets better. The… Read more »
May 2011 Market Update
May introduced a bit of hope into the local housing market, as every indicator that I track moved up! The total number of single family houses sold was up to… Read more »
April 2011 Market Update
As you may remember, March 2011 showed an increase in the number of homes sold, but most other indicators were down. April reversed that trend. The total number of single… Read more »
Bay County Unemployment Drops in March 2011
Some welcome good news appeared in the News Herald on April 15. Our county unemployment rate dropped a full percentage point from February, to 10.3%. While that number is still… Read more »
March 2011 Market Update
Spring has sprung, the weather is warming, the flowers are blooming, the allergy sufferers are suffering…and houses are selling! The good news is that March saw 135 single family house… Read more »