Monthly Archives: February 2013

Conversational Economics?


Since the subject of economics is no longer taught in the public schools (with a few exceptions of course) and many college students have no idea about the impact of compounding interest, balance sheets or profit and loss statements it’s … Continue reading

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Are Lending Standards Loosening?


Celia Chen, an economist for Moody’s Analytics, recently reported on her projections regarding mortgage standards throughout 2013. “The housing recovery began in earnest in 2012, despite constraints placed by a still-tight mortgage lending environment. This year promises improvements as the drivers of tough … Continue reading

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Fewer Homeowners are Upside Down


With home values falling dramatically from 2006 boom prices, many homeowners have found themselves in what is called a ‘negative equity’ or ‘underwater’ situation. This means the value of their home is currently less than the mortgage amount on that … Continue reading

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Wroth Repeating: “Fed minutes show concerns about bond purchases”


The questions is a legitimate one, “Are we in an artificially supported and inflated housing market?”  From my perspective YES.  As long as the Fed continues to print more currency the price of fuel will rise.  As the Fed takes … Continue reading

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We Live in a World of Labels; Measure by Results not Intentions


The housing market has built begun to build strength, but it is nowhere near what we would call a “strong” market.  There has been too much uncertainty injected into the development and building side of the market for investors to … Continue reading

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Real Estate Agents Increasingly Vital to Home-Buying Process


By Keith Loria In a recent study conducted by the National Association of REALTORS®, it was discovered that 89 percent of all homebuyers purchased their new home with the assistance of a real estate agent or broker. Ten years earlier, … Continue reading

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FHA to Hike Premiums on Mortgage


Because some may use this tool to buy their home, even at the higher end of the spectrum, it is an important development to consider. By Les Christie @CNNMoneyJanuary 31, 2013: 2:10 PM ET The Federal Housing Administration is raising premiums … Continue reading

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