Part II By Tony Evans Those of you looking to improve your credit standing to get back in the housing game should be on second base having already mailed your letter to the credit agencies, which will be placed in your file. If you’re still sitting on the bench, Coach Buzzz says “You won’t get… Continue reading Getting Back into Home Ownership

Betting Markets to Hit Bottom By David Wilkening It is sometimes called “opportunity investing,” or to put it more bluntly, vulture capital. In a possible sign that the housing market has reached its bottom, hedge funds are circling. This development is somewhat unusual in part because hedge funds have been famous for making many executives… Continue reading Hedge Funds Buying Mortgages Again

By Kayce Boulyn Just a couple years ago when real estate sales were “hot” nearly everybody and his brother wanted to get in on the action, many giving up their “day jobs” to start a new path on the road to riches. Feeding the real estate frenzy were a variety of cable TV shows focused… Continue reading Feeding the Real Estate Frenzy

By Tony Evans Chaos, Frustration, Tears, Job Losses, Moving, Foreclosure, Rising Gas and Grocery Prices… All describe what’s happened to this country the past 12 months. But good ‘ol Coach Buzzzz says stop whining and hollering at the kids, wife, girlfriend, boyfriend and the animals. It wasn’t their fault, and for the most part nor… Continue reading Getting Back in the Game

By David Wilkening Speculative buyers and “flippers” seeking virtually overnight profits helped create the current real estate crisis. So there seems to be little sympathy for them these days but they also have their problems, particularly if they own multiple properties. Even more so if they bought when the market peaked in 2006. It is… Continue reading Troubled Speculators Have Options

Damaged by the worst mortgage crisis in the nation’s history, the average price of a home will deflate 8.4% in 2008 alone, which is believed to be the steepest drop in home values since the Great Depression, according to the latest Housing Predictor forecast. However, rapidly worsening market conditions in some areas of the country… Continue reading Deflation of Home Prices Accelerates

Six Steps to Buying in a Down Market By Mike Colpitts Editor In these times of economic uncertainty it’s difficult for many people to fathom buying real estate in a down market. But there are 6 steps that may be taken to assure even the most nervous of first time buyers that they’re making the… Continue reading Buying Real Estate in a Down Market

By Tony Evans Since THE Buzzzz is always looking out for your welfare – especially in troubling economic times like these – I want to pass on an inside tip to help you survive the future. I’m not talking about the kind of tips our parents told us when we were kids like, “You’ll be… Continue reading Surviving the Future in Troubling Economic Times

by David Wilkening Almost half of all U.S. homeowner’s equity has been wiped out as a consequence of the real estate crisis, resulting in major changes in the future plans of millions of Americans. “The loss of equity is extremely important for the current state of the housing market,” said Dean Baker, co-director of the… Continue reading Home Equity Loss Changing Lives

By Mike Colpitts Editor The bottom of the real estate market will hit the over-whelming majority of housing markets in mid-2009, according to the newly issued Housing Predictor forecast. Most markets are still working through their downturns and won’t see light at the end of the tunnel until sometime in early 2009. However, some especially… Continue reading Bottoms of Real Estate Markets to Hit 2009