Recent housing indicators such as existing home sales, new home sales and housing starts, suggest a recovery is underway in the nation’s housing sector. But is the recovery sustainable? Read More »

Wells Fargo yesterday fired a senior vice president in charge of managing foreclosed commercial properties for holding parties in a foreclosed home in an exclusive Malibu community whose previous owners were financially devastated in Bernard Madoff’s massive fraud scheme. Read More »

Eventually, the piper has to get paid. Excessive government spending and money supply growth have left an aftermath of conditions that portend unfavorably for the inflation outlook.

Record numbers of foreclosed homes, often empty and abandoned for months before they are resold, have become spawning grounds for violent crime-including assault, rape and even murder. Read More »

It is becoming increasingly clear that a two-headed housing recovery is underway. Unfortunately, unlike Siamese twins, the heads will not be arriving at the same time. Read More »

If you’re like nine out of ten home buyers today, you are using the Internet to look for a home. Why not? The Internet has transformed the way people buy and sell houses. Real estate search sites make it easy for buyers to check out hundreds of properties in a matter of minutes and for sellers to reach thousands of buyers that they could never reach before. Read More »

“All real estate is local” is an industry dictum that’s not only obvious, it’s very true. When you hear on the news that home sales or prices are up or down, chances are that those are national reports that may have little or nothing to do with conditions where you live. Read More »

If you’re like nine out of ten home buyers today, you are using the Internet to look for a home. Why not? The Internet has transformed the way people buy and sell houses. Real estate search sites make it easy for buyers to check out hundreds of properties in a matter of minutes and for sellers to reach thousands of buyers that they could never reach before. Read More »

Nearly three and a half years into a spiraling downturn, our nation’s housing sector looks like a mere shadow of itself. It is a housing market that has shrunk by almost 40 percent in home sales during the past several years and has partly closed its door on low income and minority households. Read More »

A cursory glance at the U.S. housing markets suggests that the worst is over and the recovery is on its way. But before we declare victory, we must consider the possibility of a false start. Read More »