Subprime Foreclosures
Tuesday, March 27, 2007
Is that M.C. Hammer holding a picture of a house?
Yes.
Why is M.C. Hammer holding a picture of a house?
Didn't hammer file for bankruptcy a few years back? Pretty sure that his mizzillion dollar mansion was foreclosed upon.
Anyway, CNN is saying that 2.4 million Subprime borrowers are about to get M.C. Hammered on.
CNN
posted by author @ 9:14 PM,
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9 Must Have Real Estate Tools Before You Buy.
Tuesday, March 20, 2007
It's a tough market. I wouldn't want to be a buyer or seller. For those of you thinking of upgrading, or for those first time home buyers, doing your homework will save a lot of time and money. Who doesn't like to save money?
1. Zillow-
This is a no brainer. Realtors use Zillow and so should you. Here's the Zillow Wiki for more informaiton. Or, just go to Zillow.
2. Trulia-
Similar to Zillow, but a must if you're looking for comps, need to see maps of neighborhoods, and search homes for sale. Trulia
3. HousingMaps-
This is a 'mashup' of Google Maps and Craigslist. Select City, then price, and then view the Craigslist listings on the map. Pretty cool.
4. PlanetHazard-
If you care about you and your family's health, you need to check out how your City/State stacks up in regards to pollution. Who wants to live in a city that pumps out toxic waste? Or poisons the groundwater you drink? PlanetHazard "...uses information from the EPA to map over 86,000 companies throughout the United States that emit hazardous air pollutants."
5. RealEstateABC-
Similar to Zillow, but with more tools for home buyers.
6. RealtyBaron-
Another search tool. RealtyBaron has a great simple-to-use interface. Quick and easy.
7. Fool-
The home center at the Motley Fool is great for studying up on home buying information such as: Financing, Refinancing, Finding a home, Making a Deal, and Checking Rates.
8. Bankrate-
The Mortgage calculator at Bankrate is great for finding out how much house you CAN'T afford. There are other Mortgage calculators such as the Fixed vs. Adjustable Rate Mortgage Calculator.
9. RealEstateJournal-
The Wall Street Journal's online Real Estate Guide. Tons of good info. There are even pod casts of Real Estate news information.
posted by author @ 8:10 PM,
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More Housing Crash News
Wednesday, March 14, 2007
As if we needed more data. I can look down the street and see houses that have been on the market for months - some for a year now. A friend of mine is trying to sell his house for $700K! The realtor had the balls to list it at $750 - My friendly promptly squashed the idea and now they're sitting at $700.
Anyway, this guy - patrick.net has a great article (very thorough and one of the best I've seen) providing more evidence of a 'housing crash'.
posted by author @ 6:04 PM,
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Your House Will Never Sell
Sunday, March 11, 2007
Although I usually like to clown on these YouTube Realtors, this guy actually makes some sense. He provides some great tips for selling your home in a tough real estate market.
posted by author @ 9:51 PM,
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Subscribe to the Housing Boom Blog
Wednesday, March 07, 2007
Go ahead and sign up ->
Just a quick plug to encourage readers to subscribe to the Housing Boom Blog. Just enter your email address over there on the right and click ">>>>>>>Kaboom!".
After subscribing, you will receive an email anytime a blog post is made.
I promise not to spam :-)
posted by author @ 6:34 PM,
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Mortgage Broker Hottie
Monday, March 05, 2007
It's all in the title.
Where else would you go when you are looking to invest $500,000 + for 30 years. These corporate types in their professional attire need to get with the program.
MySpace + Belly Shirt + Gangsta Rap = Mortgage Loan!
The Mortgage Broker Hottie
posted by author @ 10:16 PM,
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