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Archive | April, 2010

Buy vs Rent Takedown

April 30, 2010

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A person’s decision to buy or to rent is based on a combination of economic formulas and emotion. And while emotions are certainly justifiable reasons to buy a house, prudent buyers will view those emotions in context, as an “emotional premium” beyond economic fact.

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Got Writer's Block? Get Inspired By Our Daily News Links

April 30, 2010

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Sometimes it’s hard to find something to write about for your real estate blog.  Luckily for you, we provide lots of fresh ideas every day. These are the day’s hottest real estate-related topics and we’re sure your readers would love to hear your take on them. Every day, we post our Daily Links. Click HERE [...]

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GDP Increases at 3.2% Annual Rate in Q1 2010

April 30, 2010

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From the BEA: Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 3.2 percent in the first  uarter of 2010, (that is, from the fourth quarter to the first quarter), according to the “advance” estimate released [...]

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Strategic Default Is Merely Collecting On Home Price Protection Insurance Sold By Lenders

April 30, 2010

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There are many ways to view strategic default. Borrowers use mortgages like option contracts giving them a “put” from a lender. It can also be viewed as an insurance contract against downside price movements. Borrowers are merely collecting on their insurance policy.

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Friday Links Spreading

April 30, 2010

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‘Strategic’ Mortgage Defaults Jump to 12% of Total – Bloomberg That finding concurred with reports by Goodman, a New York- based mortgage-bond analyst, who has said there will be as many as 12 million foreclosures over the next few years unless lenders can effectively modify borrowers’ debt. Housing Bubble Didn’t Faze Desire for Buying Homes [...]

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