Category Archives: Real Estate

NYT: ‘He Thought He’d Be Your Rabbi. Now, He’ll Get You a Mortgage.’

The purpose of establishing a home is to invite everyone in. Ron Lieber writes in the New York Times: PHILADELPHIA — Perhaps it was preordained that David Frankel would become a mortgage banker… But his path to the industry was … Continue reading

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The Most Expensive Real Estate In The World

What do these places have in common? 1. Hong Kong, China 2. Sydney, NSW, Australia 2. Vancouver, BC, Canada 4. Auckland, New Zealand 5. San Jose, CA, US 6. Melbourne, VIC, Australia 7. Honolulu, HI, US 8. Los Angeles, CA, … Continue reading

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Our Lot: How Real Estate Came to Own Us

Steve Sailer writes: Our Lot: How Real Estate Came to Own Us by Alyssa Katz, a liberal journalist and NYU journalism professor who writes for Mother Jones, is the best book yet on how the sacred cause of “diversity” merged … Continue reading

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Hispanics & The Housing Crash

Before the big housing crash of 2007, it was conventional wisdom that home values could not fall across America at the same time. Well, that was basically true. Home values during the great real estate crash of 2007 did not … Continue reading

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The Fannie Mae, Freddie Mac Disaster

I write about real estate and mortgages here: Feeling Betrayed By Fannie Mae Housing Crash Increases Rent Costs Huh? Not even Bank of America is safe from the grim economic news? 50/50 Chance We’ll Fall Into A Recession For Underwater … Continue reading

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Reasons For The Texan Economic Boom

How is the real estate market different in Texas than in California? Well, much of California’s land, particularly by the coast, is off-limits to development. With less land available to develop, land prices in California have skyrocketed over the past … Continue reading

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Homeowners In Distress Get A Break

I fail to be heartbroken that millions of Americans bought more home than they could afford and that they are now struggling to stay in it. Why should I care about people’s bad financial decisions? Why is the decision to … Continue reading

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The End Of The 30 Year Fixed Rate Mortgage

I cover real estate and mortgages here: The Tab Keeps Rising For Funding Fannie Mae, Freddie Mac June 2, 2011 The Fate Of The 30-Year Fixed Rate Mortgage Mortgage Interest Rates Drop For Seven Straight Weeks How Much Money Will … Continue reading

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Why You Can’t Get A Mortgage Loan

I cover real estate, mortgages and related issues here (since December of 2007): Banks Will Lend To Mortgage Defaulters Do Lenders Really Own Properties They Are Foreclosing On? The Anthony Weiner Story Won’t Go Away May 31, 2011 Housing Rebound … Continue reading

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Mortgage Interest Rates Hit 2011 Lows

The bewildering world of lower mortgage interest rates and falling home sales and prices: Why Are Home Sales Falling With Mortgage Rates? Forcing Banks To Keep A Skin In The Game Of Mortgage Lending ARMs Looking Better Than Ever Foreclosures … Continue reading

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