first time home buyer blog

The hidden transition to ever-higher systemic risk was the major story of 2009: nothing’s been fixed, and the risks of systemic failure are rising every day. On this last day of 2009, I want to address what I call the transition to risk. One analogy is the way that the risks of suffering a fatal [...]

The Fairness of Financial Rescue – Brad DeLong What cannot be accepted are financial rescue operations that benefit the unworthy and cause losses to other important groups – like taxpayers and wage earners. And that, unfortunately, is the perception held by many nowadays, particularly in the United States. It is easy to see why. Let [...]

Just when I know the California Residential Purchase Agreement (RPA) by heart — I can practically recite each paragraph in my sleep — the purchase agreement is being revamped in 2010 by the California Association of REALTORS (C.A.R.). Nothing is written in stone yet, and there may be many more additions and deletions before C.A.R. [...]

Bloomington, Indiana – more than just a college town! Bloomington is aobut 50 miles southwest of Indianapolis and is the county seat of Monroe County.  It was incorporated as a city in 1818 and got it’s start as the selected site for Indiana Seminary by President James Munroe.  The seminary later became a college and in [...]