Reading an Op-Ed from the American Enterprise Institute concerning the issues facing the European economy and the tools (or lack thereof) available to the ECB for fighting them, I was reminded of a conversation that I had over the weekend. How I was asked, do you know when it tis time to get out of the […]
Round and round the two candidates for President of the United States go, and who will win next Tuesday we still don’t know! But, whether you back the candidate that’s represented by a Donkey or an Elephant, if you’re in the real estate business the question is what the eventual outcome of the election may have […]
With the US housing market having recouped most of its pre-financial crisis price levels (exceeded in some markets) in conjunction with the Federal Reserve having engaged in ZIRP (zero interest rate policy) for an extended period of time, is the market once again facing a moral hazard? First, how would one define moral hazard vis a vis the real […]
As 2014 quickly draws to a close, eyes will now turn to forecasts for how the US economy is expected to perform in 2015! And, as is surely the case, as the housing market goes will in no small way help to determine how the overall economy will go. From Calculated Risk, this chart provides 2015 US […]
US Economic Calendar for the Week of June 23, 2014 The calendar in this article provides important information for anyone who’s concerned with the future direction of interest rates while, at the same time, is trying to determine the current condition and future direction of the US economy. This data scheduled for release during the upcoming week will most certainly […]
While the majority of Americans polled are very stable and secure when it comes to their housing situation, 44% are not! The poll results below came from a survey that was conducted on behalf of the MacArthur Foundation designed to ‘develop a deeper understanding of the experiences, attitudes, and perceptions about housing, particularly of people […]
The State of the US Housing Market, 2014 This is the audio of an interview between Logan Mohtashami, senior loan manager at AMC Lending Group, and Kathleen Hays on Bloomberg Radio. One of the key takeaways? Nothing many of us didn’t already know which is that first-time homebuyers are struggling to buy homes in part because […]
Follow @Hallmark Abstract Service Note: This article also appears at Global Economic Intersection here! From Freddie Mac this is an interactive tool called the Multi-Indicator Market Index or MiMi! The purpose of MiMi is to allow the user to check-on the health and the stability of the US housing market not only nationally, but on […]
January 10, 2014 has ushered in a new environment in the world of originating mortgages as substantial changes to the way that underwriting is done have been implemented! The new rules have been put into place by regulators in order to try and avoid the underwriting practices that helped lead to the 2008 financial crisis […]
Follow @Hallmark Abstract Service A list of nine mistakes sellers should avoid when choosing the listing agent for their home! When the time comes to sell your home it is often a difficult decision that ultimately gets made for any one of a number of reasons. For instance sellers may be downsizing with the children […]
