Mortgage Blog
Today is “Cramer’s Bottom” for the housing market.
Today is “Cramer’s Bottom” the day he’s been saying for a long time would mark the nadir of the housing...
Do as the Fed says, not as they do.
They say no news is good news, but perhaps the more important question this week is will the Fed’s news from their latest...
8,000 Reasons to Buy versus Rent
With all the talk in the media today about the Housing Crisis and the Economy, you might be asking yourself: Is now the right...
Don Imus Home For Sale
From WestportNow – Radio talk show host Don Imus has put his Westport waterfront property on Beachside Avenue on the market...
Green Shoots
“We’ll see the recession coming to an end probably this year.” These were the words Federal Reserve Chairman Ben S. Bernanke...
Media
Some folks want you to believe that the Fairfield County housing market has bottomed out or is even turning around. It’s not.
Freddie Mac is out with its latest housing market update, with a wealth of data on the housing market from its point of view. One graph that sticks out: total delinquencies near 2.5% are way beyond the GSE’s historical norms.
When the numbers for things like delinquencies or foreclosures start to flatten or turn around, we can start talking about a turnaround. Granted, like the Case-Shiller series, some will say this particular chart is 3-months old, though nothing we’ve heard since the end of March suggests things are much different.
