Financial losses from the credit crunch will top the 1.4-trillion dollars lost in the U.S. Savings and Loan Fraud scandal, according to a comprehensive analysis conducted by Housing Predictor. The dollar damage to the U.S. economy will exceed S&L losses due to widespread growing losses in financial markets by banks, private investors, and millions of… Continue reading Financial Damage to Top S&L Crisis in U.S.
Category: Banks
Selling Real Estate without Silent Second Mortgages
By Mike Colpitts In these challenging days of selling real estate “silent second” mortgages are making a quiet, some what frightening, most often times illegal comeback. Silent seconds as they are called in real estate parlance are second mortgages, which are not revealed to lenders and can find the user’s behind bars in the local… Continue reading Selling Real Estate without Silent Second Mortgages
Stealing a House in a Short Sale
By Tony Evans Everybody wants to know how to steal a house, and there are plenty of people trying to these days. Say youve missed some mortgage payments and think maybe youll be able to “catch up” later on, but you cant. You call your lender explaining your ‘temporary problem,’ but they cant think of… Continue reading Stealing a House in a Short Sale
National Real Estate Recession Hits
Troubled by the mortgage melt down and falling home prices, the U.S. housing market has fallen into a national real estate recession, according to the latest analysis by Housing Predictor. The over-whelming majority of local real estate markets are either in housing recessions or battling to keep their economies strong enough to keep from declining.… Continue reading National Real Estate Recession Hits
Wealth Effect of Real Estate
It’s as American as apple pie, Chevrolet and baseball. You may not know what it’s called, but if you live in the great U.S.A. it’s had a hold on you. The “Wealth Effect” of real estate can be addictive. It’s why so many of us go to the classified ads and the computer to check… Continue reading Wealth Effect of Real Estate
Housing Predictor Opinion Poll Results
Huge Majority Want Government to Stay Out of Foreclosure Crisis Despite the strong likelihood that it would develop a full-fledged economic depression, more than 3 out of 4 polled say they want the U.S. government to stop interfering with the foreclosure crisis and allow it to run its course. A huge 78% of those surveyed… Continue reading Housing Predictor Opinion Poll Results
Top 25 Forecast Housing Markets in 2009
Editor’s Note: The Annual Top 25 Housing Market Forecasts may be accessed for 2010 by clicking on the “Best 25 Markets” on the menu on the left. Fewer housing markets are forecast to appreciate making the Housing Predictor Top 25 market list for the year as job layoffs and business failures throw the… Continue reading Top 25 Forecast Housing Markets in 2009
Real Estate Investment Pays Off Over Years
Investment real estate has made more millionaires in America than any other form of investing, a survey by Housing Predictor shows. Millions are made in investment real estate. The majority of the wealthiest families in the Nation have made their fortunes investing in real estate. Many start out investing in simple single family homes, parlay… Continue reading Real Estate Investment Pays Off Over Years
Navigating the New Year
By Brad Risen Economist Happy New Year! It’s 2009, the year that America will go head to head with the U.S. economy like no other since the Great Depression. So enjoy your New Year’s punch now. You’ll need it! I have never been a pessimist. I grew up thinking and being the serial optimist. But… Continue reading Navigating the New Year
Best Housing Markets in 2010
*Note: To access the latest “Best 25 Markets” select Top 25 Markets from the menu on the left. More housing markets are forecast to experience appreciation in 2010 as the nation’s real estate markets move closer to stabilization. The Best 25 Housing Markets named annually by Housing Predictor hold the strongest likelihood of housing inflation… Continue reading Best Housing Markets in 2010