obama
Real Estate News by Dean Ouellette | February 27, 2010 
1 ) Real Estate Investors – Don’t Be Seduced By Rickety Cash Flow – Good article for investors who are obsessed only with cash flow. This is one of my favorite topics I like to read Jeff Brown write about. His opinion always seems to be a little different than most opinions on cash flow. [...]
Read the full article → Mortgages & Lending by Peter Giardini | December 16, 2009 
It has been all over the news how President Obama invited the big bankers to the White House this week to encourage them to do their part to stimulate job creation and economic growth by lending more to business; small business in particular. In essence, these bankers got invited to the “wood shed.” The million [...]
Read the full article → Commentary by Peter Giardini | December 8, 2009 
Just last week I wrote about the coming “Eye of the Storm” that seems to be favoring those real estate investors who are taking action now! As mentioned in the article, there is a window of opportunity open to those investors who are in the rehabbing business and the wholesalers that support them; it also explores how cheap mortgage [...]
Read the full article → Mortgages & Lending by Florence Foote | December 7, 2009 
As pretty much everyone realizes by now, the Obama administration’s efforts to convince banks to modify troubled loans has been little more than window dressing. Despite the $75 billion promised to fund the program, only a fraction of the people it was intended to help have received any aid. The problem of homeowner defaults has [...]
Read the full article → Commentary by Charles Feldman | December 1, 2009 
Ever notice that governments are so much better at sending in troops for war then sending in help for domestic problems…such as homeowners facing or being in foreclosure? The latest example, I think, is Afghanistan. The President has decided to deploy thousands of more troops (possibly 34,000 according to the Washington Post) to that hell-hole, [...]
Read the full article → Commentary by Charles Feldman | November 14, 2009 
This is where is gets interesting…like it hasn’t been already, right? Now that the $8,000 first-time home buyer tax credit has been extended to loans that close by the end of June, 2010….and there has been an addition of a $6,500 credit for so-called “move-up buyers”-we wait to see what impact it will have on [...]
Read the full article → Commentary by Charles Feldman | October 28, 2009 
Think. That is one word I grant you. But, sadly, something fewer and fewer people seem to be doing when it comes to critical analysis of the near term prospects for the real estate market in the U.S. (And, yes, I know the real estate “market” is a patchwork of many markets dotted across the [...]
Read the full article → Blogs by Richard Warren | April 20, 2009I had been hearing a lot of talk lately about how home foreclosures were down. Real estate agents were pointing to this and saying that the market was going to turn around soon. Even the talking heads on the late night news were reporting that foreclosure filings were down and things were going to get better. Could [...]
Commentary by Rob K. Blake | March 22, 2009We all know about the first time home buyer tax credits the Obama Stimulus Plan put in place a few months ago. But now we see State governments getting into the act. California lead the pack by announcing their new home $10,000 tax credit program and now other States are following suit. California New Home [...]
Commentary by Joshua Dorkin | March 12, 2009Almost 291,000 homes across the US received at least one foreclosure-related notice last month, up 6 percent from January, says RealtyTrac.com, a compiler of foreclosure data. The big question in the minds of pundits is when the Obama administration is going to officially own the economic and housing crisis. Fifty days into his administration, the [...]
Commentary by Rob K. Blake | March 1, 2009The Obama budget announced this week – in the middle of biggest housing crisis since the Great Depression – seeks to raise tax revenue by removing the mortgage interest tax deduction for those that are in the 33% and 35% income tax brackets. What? You’ve got to be kidding, right? I can’t count the ways [...]
Commentary by Joshua Dorkin | February 27, 2009I just found the advertisement above while reading a political news/opinion website, and thought it was important to share. Read the letter and make your own judgment. I know that there is a feeling that Wall Street is the enemy, and that public companies need to pinch pennies, but as the letter says, the rhetoric [...]
Commentary by Charles Feldman | February 25, 2009It was a State of the Union speech–even though it wasn’t a State of the Union speech. It just looked, sounded and felt like a State of the Union speech. That’s probably because it was in all but name only a State of the Union speech, even though the Constitution requires a State of the [...]
Commentary by Rob K. Blake | February 22, 2009The Obama $75 Billion housing stabilization plan holds pieces which are designed to help stem foreclosures and help those already in foreclosure with loan modifications. Currently servicers have shown no real signs of wanting to modify loans, but this new plan hopes to change their collective minds. Will the Housing Stabilization Plan Work? I’ll get [...]
Commentary by Brendan O'Brien | February 21, 2009Have you heard of Scott Mintz? The LA chiropractor bought four houses, leveraging heavily in the expectation that real estate values would rise forever. Shockingly, they didn’t. Now, every one of his houses is underwater. Mintz not only wants his loans refinanced, he’d like the lenders to reduce his loan principal to reflect their current [...]
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Joshua Dorkin
Navigating the Continued Real Estate Market Turbulence
by Peter Giardini | December 8, 2009Just last week I wrote about the coming “Eye of the Storm” that seems to be favoring those real estate investors who are taking action now! As mentioned in the article, there is a window of opportunity open to those investors who are in the rehabbing business and the wholesalers that support them; it also explores how cheap mortgage [...]