We all know they story of the boy who cried wolf—if you hear something over and over again, despite how important it might be, it loses its significance the more you hear it.
This has been the case with the mortgage and real estate markets.
Filed under: Existing Home Sales, LA Area, Mortgage Rates, News, Real Estate Market, VRN, West Hollywood | No Comments »
But behind the pomp and pageantry, Solyndra was rotting inside, hemorrhaging cash so quickly that within weeks of Mr. Obama’s visit, the company canceled plans to offer shares to the public. Barely a year later, Solyndra has become one of the administration’s most costly fumbles after the company declared bankruptcy, laid off 1,100 workers and was raided by F.B.I. agents seeking evidence of possible fraud.
Filed under: Commentary, Current Events, Economy, Electronics, Green Living, Home Improvement, News, Politics, Technology, VRN | No Comments »
“They China have made possible systematic stealing of intellectual property of American companies and have not been very aggressive to put in place the basic protections for property rights that every serious economy needs over time,” Geithner told a forum in Washington.
Filed under: Commentary, Current Events, News, Politics, SCAM ALERT, Technology, VRN | No Comments »
I hope that L.A. denizens can continue this temperate use of the freeways so that the price of gas doesn’t dictate their lessening of driving but their real necessity. -Carlo.
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In case you missed it, please read this 6/29/11 NYT’s article that shows consumer support for our government’s doing its damnest to protect and preserve the American Dream of Home Ownership. The article details polls taken on viewpoints on Home Ownership which is still regarded as better than renting due to the tax advantages of [...]
Filed under: Buying, Commentary, Current Events, Economy, Foreclosure, Jennifer Tan, Moving, News, Real Estate Market, Renting, Selling, Tax Issues, VRN | No Comments »
One of the great things about working at Sotheby’s International Realty® is the truth that we are a truly international brand with a global referral network reaching dozens of countries not to mention states. So when I read this article from HSH I realized that it was totally in order to contact agents in these [...]
Filed under: Buying, Commentary, Making Home Affordable, Money-Saving, Moving, News, Real Estate Market, VRN | No Comments »
The results of RealtyTrac’s Q1 2011 U.S. Foreclosure Sales Report are taking up a lot of headlines across the web. The report, providing little encouraging news to a housing market desperate for a recovery, should however, open the eyes of some prospective homebuyers sitting on the sidelines.
Filed under: Buying, Economy, For Sale, Foreclosure, LA Area, Money-Saving, News, Real Estate Market, Short Sale, VRN | No Comments »
Despite continuing low mortgage rates, one prominent Detroit bankruptcy attorney says ARMs remain a looming danger and should be avoided.
Filed under: Finance, Loan modification, Money-Saving, Mortgage, News, Real Estate Market, Refinance, VRN | No Comments »
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