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Tag Archives: real estate

Social Security: Issuing Checks & Hollow–Points

Social Security, US Marshals Service, hollow-point bullet, real estate, government spending,

Some of the more excitable members of the conservative Internet commentariat sounded battle stations when they learned the Social Security Administration (SSA) wanted to buy 174,000 hollow–point bullets. Had granny decided she was not going passively the next time Paul Ryan tried to shove her off a cliff? Were irate seniors busy sharpening the legs on their walkers in preparation ...

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Obama's 'Underwater' Homeowner Rescue Already Sinking

President Obama is travelling several Western states to talk up a re-vamp of his failed “Home Affordable Refinance Program” (HARP) in another big-government attempt to rescue homeowners who owe more on their houses than the real estate is worth. Beginning in Nevada, the “We Can’t Wait” campaign is intended to show-up Congress while side-stepping them completely. Congress had passed HARP ...

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And The Winners Are: Ugliest Houses in America

DALLAS, Aug. 25, 2011 /PRNewswire/ — The people of America have spoken by casting their votes in the 2011 “Ugliest House of the Year” contest.  The winners are featured at The contest is sponsored by HomeVestors of America, Inc., known as the “We Buy Ugly Houses®”company, with participation from franchises in various U.S. markets. “We’re proud to sponsor a contest that celebrates ugliness, ...

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Florida Real Estate Takes Double Dip

Government programs ending, new foreclosures starting, zombie foreclosures coming back to life and Florida’s weak employment base all add up to bad news for Florida’s real estate market for the next few quarters, says Roy Oppenheim in a video interview WESTON, Fla., July 26, 2011 — Foreclosure is the new “F” word and it’s back with a vengeance as Florida foreclosure defense ...

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Study Reveals Impact of Real Estate ‘Shadow Inventory’ on Recovery

ATLANTA, June 30, 2011 /PRNewswire/ — Despite steady gains in key industry sectors, the nation’s housing market continues to exert pressure on the overall rate of economic recovery. While financial conditions across multiple financial sectors suggest economic stabilization and growth, delinquencies still exceed pre-recession levels due to continued turbulence in the mortgage marketplace, according to Equifax (NYSE: EFX) national credit trend research for May ...

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National Home Prices Hit New Low in 2011

NEW YORK, May 31, 2011 /PRNewswire/ — Data through March 2011, released today by Standard & Poor’s for its S&P/Case-Shiller(1) Home Price Indices, the leading measure of U.S. home prices, show that the U.S. National Home Price Index declined by 4.2% in the first quarter of 2011, after having fallen 3.6% in the fourth quarter of 2010.  The National Index hit a new ...

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