The San Francisco Bay Area experienced a second month of year-over-year gains in home sales prices in November, MDA DataQuick reported.The San Diego-based real estate information service provider said the increase is a sign of widening price stability for the Northern California market.The median price paid for all new and resale houses and condos in [...]
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Add to myYahoo!“The secret is that there is no secret”?I don’t think so.On the webinar that I did last night I found out that manybeginning – and even some advanced – real estate investorsdon’t know the secret.It’s really not that hard, but you need to put some effort into itfor sure – otherwise you will not be [...]
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Add to myYahoo!If you’re relatively young or not yet 50, earning more than enough income at work, and living the lifestyle you more or less prefer, cash flow ain’t yer problem. Think about it from a practical viewpoint.You’re paying taxes, saving money, going on vacations, and educating your kids. You have retirement plans at work, (please stop [...]
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When Is Cash Flow NOT the Be All End All?
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Add to myYahoo!The government-sponsored enterprises (GSEs), Fannie Mae (FNM: 1.09 0.00%) and Freddie Mac (FRE: 1.39 +0.72%) have suspended foreclosures for the holidays.The suspension follows Citigroup?s (C: 3.295 +2.97%) gift to its borrowers, when it announced that there would be no foreclosures until Jan. 17.Freddie Mac ordered its eviction attorneys to suspend all evictions involving single-family and [...]
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Add to myYahoo!Borrowers applied for more purchase mortgages than refinance loans, and the higher per-loan production costs meant declined profits for independent mortgage bankers and subsidiaries in Q309, the Mortgage Bankers Association (MBA) said.The MBA?s quarterly mortgage bankers performance report put the average per-loan profit at $902 in Q309. That?s down from Q209, when the average profit [...]
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Add to myYahoo!http://www.linkedin.com/groups?viewMembers=&gid=2103328&sik=1261153766791
Commercial Appraiser Group
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Add to myYahoo!In Charles Dickens’ A Christmas Carol, the shrewd and penny-pinching money lender, Ebeneezer Scrooge, faces the reality of his life’s legacy as he watches his possessions sold off after his death.Similarly, now-bankrupt Thornburg Mortgage left behind significantly more valuable assets months after the credit crisis took its toll on the ultra-prime jumbo mortgage lender. One [...]
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Add to myYahoo!I donand#8217;t think that fascination with making money blogging is such a popular trend that it used to be a few years ago when we only started Profy here - at the time everyone seemed to be determined it was dead-simple to start a blog and begin making money off the blog by sharing some thoughts accompanied by Adsense blocks. Launching two or three blogs simultaneously definitely sounded like a surefire way to maximize revenue so we saw tons of blogs no one ever read advertised heavily by th...
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o
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Add to myYahoo!Ever wonder why everyone around you is grumpy and mad? Check your zip code. A new study shows the levels of happiness by state. The New York metro area leads the way with New York as the most unhappiest state to live in followed by Connecticut and New Jersey. The Northeast and the Midwest dominate [...]
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Add to myYahoo!When the credit crisis began, credit rating agencies created models predicting how bad things may actually get, in terms of how far down home prices would fall in America. At that time, mortgage finance players assumed this was a worst-case scenario, with an outside chance of coming true.Today, Deutsche Bank researchers say these predictions will [...]
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