Tag Archives: Economics

Want Scary This Halloween? Look At The Government

Posted on October 31, 2011 by Tim Freund

Thursday’s 4.6% decline in the Pending Home Sales, as reported by the National Association of Realtors, is in stark contrast with the 2.5% growth in GDP.  This is the strongest evidence yet of the effect of Congress’ ineptitude on the … Continue reading →

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Finally A Step In The Right Direction

Posted on October 25, 2011 by Tim Freund

As many of you may recall I sent an open letter to the President last month begging for a refinance relief plan for underwater, but current borrowers.  Yesterday the Federal Housing Finance Agency (FHFA) announced changes to the ineffectual HARP … Continue reading →

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People Die, Get Over It

Posted on October 7, 2011 by Tim Freund

No this is not a discussion about Steve Jobs whose death affects us all in ways sadly we’ll never know.  No, this has to do with the odd stigma of “in home death” and the increasing trend of people choosing … Continue reading →

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Pending Home Sales

Posted on September 30, 2011 by Tim Freund

So the headline wasn’t great: sales down month over month.  National Association of Realtors economist, Lawrence Yun hung the blame on tight lending standards and lack of confidence, both of which are true.  If that’s all you read or heard, … Continue reading →

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Case-Shiller Calls A Bottom?

Posted on September 27, 2011 by Tim Freund

The S & P/Case-Shiller report on the housing market came out today.  There were a couple of highlights worth mentioning.  First was the fact that we have had 4 straight months of price appreciation.  “With July’s data we are seeing … Continue reading →

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Buying A Home: Your Real Estate Compass And What’s Important

Posted on September 25, 2011 by Tim Freund

Every household is unique and every family has a certain division of labor.  In my home, I pay the bills, share the cooking and fix things around the house; my wife looks after the kids, does the laundry, over sees … Continue reading →

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How To Get A Loan Mod Approved Part 4: Foreclosure and Mod Offers

Posted on September 20, 2011 by Tim Freund

Part 4: Foreclosure and mod offers. Your loan mod appears like you’re making some progress and you are actually starting to get a hopeful.  At the same time, you’ve got that gnawing feeling that the bank may not get you … Continue reading →

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How To Get A Loan Mod Approved Part 3: Keeping The Pressure On

Posted on September 19, 2011 by Tim Freund

Part 3: Keeping the Pressure On After you’ve gone through the initial collection of your data, submitted all the paperwork and started your conversations, what happens now?  You call and follow up.  In the beginning you’ll probably follow up once … Continue reading →

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How To Get A Loan Mod Approved Part 1: Getting Started.

Posted on September 17, 2011 by Tim Freund

Part 1: Getting Started Stop paying on your loan (no I can’t say that even though it’s true).  If you are current the bank has no incentive to work with you.  I recently was asked by a Wells Fargo negotiator … Continue reading →

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Ben Bernanke’s Big Blunder

Posted on September 13, 2011 by Tim Freund

Let me begin by saying I’m not a Ben basher, on the contrary I like the Fed Chairman.  But last month’s announcement that he intends to keep rates low for the next two years was nothing short of disastrous for the … Continue reading →

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