Bring Back Glass-Steagall

This act was passed in 1933 in the middle of the depression to keep banks from dabbling into the stock market. It was repealed by Clinton and started the financial mess. Banks used to have only deposits for their short term borrowing. This was protected by the fdic in...

Short Sales Increasing

Banks are finally getting it- probably because they are getting a financial benefit (mostly from our tax payer money) They are really pricing short sale properties with more reality. Short sales are up significantly and at a larger proportion than last year. read the...

Out in the Field

I took a group of students out in the field to look at ugly houses. We targeted ones that have been on the real estate market more than 6 months. We found out why. Most of them had really bad structural damage, Anyone have a good structural engineer to recommend?...