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Foreclosure Alert: 428 N 20th

Bank Owned, great Traditional with curb appeal. Kitchen with breakfast bar opens onto a dining area with fireplace, Adjacent den leads to a large spacious backyard with a covered patio and a 2 car garage. Formal living More

 

Foreclosure Alternatives for Everyone Who Deserves Them

I applaud the recent announcement by Secretaries Geithner and Donovan expanding the government's 'Making Homes Affordable' Initiative to include the 'Foreclosure Alternatives' Program...which was in my mind the #1 missing More

 

Who should get to keep their home and who shouldn’t? Simplicity is key

There are a lot of people who have gotten “unlucky” recently, in one way or another, and are finding themselves unable to make payments on their debt because their income and expense equation is no longer what it used More

 

Foreclosure Alert: 8101 South 2nd

Bank Owned, cute Traditional with great curb appeal. Front porch leads to a large spacious living room with stone fireplace. Updated kitchen with tile floors opens into dining room. Refinished hardwood floors. Great backyard More

 

REOMAC Update: REO Brokers Are Hungry For A Better Way

I had the privilege of participating on an exciting panel on the future of short sales at the REOMAC semi-annual conference in Palm Springs this week. REOMAC is the non-profit trade organization for REO industry participants More

 

Second shoe to drop for CA single family home prices?

The article included below from this weekend’s National Mortgage News talks about how the number of single family home sales in CA doubled between January 2009 and January 2008….while the median home price dropped More

 

One Key Missing Piece: Early Thoughts on the Obama Plan for At-Risk Homeowners

I am pleased to see the Obama administration attempting – much more aggressively than the Bush administration ever did – to help (3-4 million) at-risk homeowners stay in their homes through a variety of loan modification More

 

Why it Never Makes Business Sense For a Bank to Foreclose on an Owner Occupied Home

I believe that in the current housing and economic environment (with declining home values nationwide) it never makes economic sense for a Bank/Servicer to foreclosure on an owner occupied home. In a declining home price More

 

The Silver Lining of The Crisis: Affordability and Humility

It’s hard to find much good news nowadays, surrounded as we are by doom and gloom attitudes and news at work, in the media and in conversations. However, I see at least 2 important areas where the current trend is positive More

 

Peace of Mind as a Tool to Abate the US Crisis of Confidence

I believe – and I think this is a relatively non-controversial view – that the current recession/crisis has been and will be worse/deeper as a result of fear seeping deep into the American psyche. Even though I disagree More

 
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MEDIAN SFR SALES PRICE June, 2010
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