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...

Credit Unions offering Loans

CHECK OUT CREDIT UNIONS FOR LOANS Credit unions have been increasing their presence in housing — more than quadrupling their share of total mortgage market volume in the last nine years, Navy credit union is offering deals for first time home buyers including no down...