Real Estate News by Charles Feldman | September 16, 2009Worried about government run health insurance? Maybe you should be more concerned about the government run housing market!
For those of you who have lost track of where all our taxpayer dollars have gone as we bailout banks, brokerage houses, car companies, insurance companies…etc—-this sobering statistic courtesy of the New York Times may be a needed splash of chilled water on the face: “The government is financing 9 out of 10 new mortgages in the United States.”
That bears repeating……”The government (as in U.S.) is financing 9 out of 10 new mortgages in the United States.”
According to the Times account, ” Fannie (Mae) and Freddie (Mac) now buy or guarantee almost two-thirds of all new mortgages. The Federal Housing Administration guarantees another 25 percent.”
Financing Real Estate by Troy Schuricht | June 12, 2008As real estate prices continue to slide investors are eager to find the next best deal. Usually when determining which property they should buy price and rental income become a big factor. Price and rental income usually translate to cash flow and this is the foundation of long term real estate investing. Let’s look at [...]
Joshua Dorkin
The Economic and other Forces Impacting Your Real Estate Business
by Peter Giardini | February 11, 2010It seems that everywhere you look now days the news stories, regardless of their source, provide nothing but conflicting points of view regarding the economy and where it is heading. Prices are up, sales are down. We’re at the bottom… no it’s going to double-dip. Credit is available… no it’s not! As a real estate investor, I am [...]