Homeownership Declines again,

RENTS CONTINUE TO GO UP   Homeownership rate in the first quarter was highest in the Midwest at 68.6 percent and lowest in the West at 58.5 percent.  That’s because our rents are so high compared to other areas. If you own a rental property you are doing well....

Biggest hedge fund talks about housing

Blackstone owns about 47k homes in the us, making it the biggest single private owner, according to its CEO, Schwarzman. He says he believes the values are still going up. Luckily they have moved out of Los angeles because our prices went to high for them. They...

Potential market for home sales is huge

Return buyers are a big  number As past foreclosure and short sale home owners recover, there will be a wave of new buyers for the already limited amount of supply of homes. The states likely to benefit the most from returning buyers are essentially the same that...

Be the squeaky wheel

Follow up constantly with the lender to get the escrow closed. Please do as i say- not as i did. Part of getting the escrow closed is dealing with the lender. You should always have permission from the buyer to speak to the lender. Of course i did that but then i got...