Blogging Broker

Interesting Article: Denver-based UDR is offering renewing tenants a flat-screen TV, new carpet, kitchen upgrade or, $300 in cash. READ MORE HERE: Landlords Offer Renters Incentives to Stay Put – WSJ.com.

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Look at the Foreclosure vs New Home Starts chart — TRULY A SICK HOUSING MARKET. The Worst September For Home Sales Since 1981. Keep in mind that about 2/3 of the sales recently have been foreclosures. In a normal market those homes sales would represent sellers that are either making a lateral move, moving up, [...]

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Senators agree to extend homebuyer tax credit Personally, I think the govt should do away with this program.  I also think they should raise minimum FHA down payment requirements to 10%.  Our government punishes savers and rewards the profligates.  They should raise the interest rates so that prudent savers receive a return on their investment.  [...]

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Lots of info here.  You will find Fresno stats as well. AS SOME TOP METRO FORECLOSURE ACTIVITY RATES DECREASE, NEW FORECLOSURE HOT SPOTS EMERGE IN Q3 2009. Oh, and  — BTW – I could use some year end business.

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5 Charged With Torturing Home Loan Agents – KTLA. Interesting story.  People are pretty fed up.  I am confident that much of the Loan Mod industry it pure scam.  Be careful out there.

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While there were fewer foreclosures in California last quarter (per previous post), nationwide they rose RealtyTrac found that more than 925,000 borrowers received a foreclosure filing, which can range from a default notice to a bank repossession, between July and September. That is up 23 percent from the comparable period last year. READ THE FULL [...]

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You have heard of “Toxic Assets.” They are those assets on the banks books that fit this definition” perniciousness: grave harmfulness or deadliness Let me preface this video with some banking 101. When you put 1,000 in the bank you have an ASSET on your books. But, when the bank has your $1000.00 it now [...]

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Foreclosures mark pace of enduring U.S. housing crisis | U.S. | Reuters.

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Just click the link below.  It’s self explanatory. 90+ Days Delinquent. Direct: Fax: 559.301.1647 559.438.7475 Website Visit My Blog email 1319 W Bullard #4 — Fresno CA — 93711 © Randy “Lazarus” McAtee

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Click to see the image below.  I’m not posting it because it is copyrighted. HISTORY OF HOME VALUES

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