https://www.youtube.com/watch?feature=player_embedded&v=-LGeeHbdUCg This is the best (short) explanation of who the responsible parties were that truly created the subprime mortgage crisis, that I've seen. Professor Randall Bartlett Ph.D. definitely has a clue. I have found many ... » Learn More about A Good Overview of Who was Responsible for the 2008 Subprime Mortgage Crisis
Top 5 Reasons for Buying Real Estate
Higher Home Prices and Interest Rates Drive Down Affordability Index During Second Quarter
Significantly higher home prices, particularly in the San Francisco Bay Area and coastal regions, shut out more home buyers in the state during the second quarter of 2013, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported. The percentage of home buyers who could afford to purchase a ... » Learn More about Higher Home Prices and Interest Rates Drive Down Affordability Index During Second Quarter
Obama Does a Reversal, Signals Support for Easing Mortgage Rules
President Obama is now requesting an easing of regulations targeting mortgages. Everyone should want a stable mortgage system that allows qualified buyers to purchase real estate, but it’s becoming more obvious (even to politicians) the conflict between regulations, and governmental agencies (CFPB ... » Learn More about Obama Does a Reversal, Signals Support for Easing Mortgage Rules
Hedge Fund Blackstone Preparing to Unleash a Flood of Real-Estate Selling
This could be the start of the backing off of the large investment funds from their acquisition of Los Angeles real estate. Blackstone has been aggressively buying both residential and commercial real estate, but with the interest rates starting to go up, and appreciation already realized, they are ... » Learn More about Hedge Fund Blackstone Preparing to Unleash a Flood of Real-Estate Selling