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Archive for the ‘Uncategorized’ Category

Get A New Dallas Apartment

We love loft living, and we especially love fantastic, upscale lofts and apartments, and the Kirby Residences on Main fit the bill nicely. Ideally situated in downtown Dallas, the Kirby Residences on Main have been home to the beautiful, 17-story tower that was originally built in 1913. This Gothic-inspired building was renovated into the 157 [...]

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FHA Commissioner: GSE’s Considering Principal Forgiveness in Short Refi’s

Let the principal reduction begin.  The new FHA “Short Refi” program, announced earlier this year, went into operation yesterday. It allows borrowers who are current on their mortgages now to refinance into FHA-backed loans, if and only if their lende…

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Truly High Manhattan

How do you sell ultra high-end Manhattan real estate? By air of course. And by boat. Preferably with a few models in tow. I mean on the boat. And some expensive Champagne. And a Rolls to shuttle you from condo to helicopter to boat slip.

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Federal Housing Stimulus: How Much More?

New reports are rolling around Wall Street and Washington today that the Obama Administration is considering yet another economic stimulus package; this round would be for small businesses. This comes just one week after increased chatter about more go…

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Tiger Takes Out a Mortgage for New Mansion

I don’t have it on my authority, but it is being reported widely and wildly that newly divorced Tiger Woods took out a $54.5 million mortgage on his Jupiter Island, Florida estate where he is currently building a mansion.

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The Home Traffic Report: This One’s Ours

Anyone who reads this blog on a regular basis knows that one of my biggest frustrations in covering the housing market is the never-ending, always constant stream of reports. They are often conflicting, usually based on different time frames and almost…

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Home Prices Have Further to Fall

Last week, negative report after negative report was driving nails into the housing market’s coffin. Then suddenly today the stock market takes a bounce on one new price report?

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Get You New Apartment Today

When you are moving into a new locality or a city, you should be looking out for a nice rental apartment which you can afford. Usually rent is a constraint, but it is not as difficult to find an apartment for rent as you may be afraid of. Consider the type of income you have, [...]

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Another Home Buyer Tax Credit?

From HUD to the hedge funds, it sounds as if a tax credit to spur home buying is gaining steam yet again.

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First Look: Brand New Foreclosure Numbers Reverse MBA Survey’s Bright Spots

As long as we think housing is still in deep trouble, nobody’s going to make a move.

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Time for Homebuilder M&A?

Economic conditions are very tough for homebuilders. Is a wave of mergers coming to this sector?

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Home Prices: They’re Not Quite What They Seem

“The buyers who left the market in the latest round are typical first-time buyers,” says one market watcher, “but people who continue to stay in the market (are) people … buying higher-priced homes.”

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In Preparation for July Home Sales, a.k.a. Armageddon

It’s been a while since I’ve sensed quite this much doom among the folks obsessed with housing (one told me simply, “You’re going to be very busy!”), but July existing home sales are unquestionably the product of a perfect storm.

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Mortgage Bailout: Government Spin Accelerates

Month after month, officials at the Treasury Department and the Department of Housing and Urban Development have to report lackluster statistics on the U.S. administration’s mortgage bailout—and try to find something positive to say about them.

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Housing Double Dip Is Not Just Tax Credit Hangover

There’s no question that the home buyer tax credit, which expired at the end of April, pulled home buying demand forward and thus created an inevitable drop-off afterward. It would be wrong, however, to blame the current lull in home buying/selling ent…

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