Vinnys House of Real Estate

This has been a concern of mine for awhile, even though we have seen a bottom, how can we sell prices at retail if the appraisers are using REO prices for the market price?
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June 24 (Bloomberg) — There may be another culprit scuttling a U.S. housing recovery: low home appraisals.
Flawed appraisals are derailing real estate [...]

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This is a new one for me. I currently have a personal american express card, and a business card. I have another business so I applied for a card for that. I was declined! Not on the webpage of course, but you have to re-login to see your decline message. No reason other than [...]

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People are going to keep losing homes throughout 2009 and into 2010.
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NEW YORK — The rate at which people are falling behind on their mortgage payments went up for the ninth straight quarter in the first three months of 2009, and is expected to keep rising through the end of the year, according to credit [...]

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Who says there isn’t people buying expensive homes?
A Realtor, a partner in a California oil company, a Chicago attorney, a former executive of an Ohio engineering firm and the principal of a Tempe interior-design company are among the buyers and sellers in this week’s priciest home sales.
$7,212,672
Marrowstone LLC, an Arizona limited liability company whose sole [...]

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