Tag Archives: interest+rates

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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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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An Open Letter To President Obama and The CEO’s Of The Big 4 Banks

Posted on September 10, 2011 by Tim Freund

Dear Mr. President, Chairman Bernanke, Secretary Geithner, Brian Moynihan, Vikram Pundit, Jamie Dimon and John Stumpf, Want to start to fix the economy and help housing at the same time?  Refinance underwater and insufficient equity borrowers.  It’s really that simple.  … Continue reading →

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Where Have You Gone Bank of America?

Posted on August 21, 2011 by Tim Freund

…our nation turns its lonely eyes to you, ooo wooo woo… (with apologies to Simon and Garfunkel)… Let me begin by saying I have been a Bank of America customer since 1973, so what follows comes from the heart and … Continue reading →

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Some Things Are Certain In Life

Posted on August 11, 2011 by Tim Freund

As I sit here on a friend’s sun deck in Rancho Palos Verdes overlooking a foggy Pacific Ocean and the outline of Catalina, I realize that despite the chaos on Wall Street, the Euro Zone and the now empty halls … Continue reading →

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Buyers Are Like Employers

Posted on July 26, 2011 by Tim Freund

One of my best friends has been out of work for nearly 3 years.  He’s a controller type, book keeper maybe, for the construction industry.  He’s either over qualified because employers think he will seek greener pastures as soon as … Continue reading →

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Freddie, Fannie, Let My People Go!

Posted on June 5, 2011 by Tim Freund

My friend Paul and I are sitting on a park bench when Paul tells me his story… “I’m upside down on my mortgage”, he says, meaning his house is worth less than what he owes on his mortgage.  “My current … Continue reading →

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