Foreclosure “Woes” Continue to Unfold!

Posted by: Carleton Sheets in Rescue, Recovery, Recession, Real Estate, Positive Thinking, Foreclosure, Economy, Economic, Confidence on Jun 09, 2009.

An article I just read in USA TODAY reported that the foreclosure rate will probably continue to move upward for a while. The culprit? And, no, it's not subprime mortgages this time  ... it's the unemployment rate that's beginning to include borrowers who have good credit---and higher-end homes.

News like this undermines the cautious optimism some saw in the housing market recovery and

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Have You Seen the Light?

Posted by: Carleton Sheets in Real Estate Market, Real Estate, Property, Mortgage applications, Incentive, Housing Market, Economy, Confidence, Buyers market, Barack Obama on May 07, 2009.

I've been reading quite a few articles lately suggesting that some analysts are beginning to see a glimmer of light in the housing market.

For instance, a recent article in USA TODAY reported that well-kept homes in good neighborhoods are receiving multiple offers---even in states with high foreclosure rates. Why? It's a buyer's market right now and, as buyers become less "timid," they are

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Now That the People Have Spoken …

Posted by: Carleton Sheets in Real Estate Market, Real Estate, Housing Market, Economy, Credit, Confidence, Barack Obama on Nov 05, 2008.

No matter who you voted for, you have to admit that change is in the air. And now that the election is over, it's time for our government to get down to business! From what I've heard on CNN and read about in the news, I expect that President-elect Barack Obama is already making changes in the cabinet, and plans to get things up and running the minute he enters the Oval Office in January.

I'm

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