I know I've blogged about the firs-time homebuyer credit a gazillion times. My most recent post on the tax break was The home buyer credit's three E's . But I cover it yet again, this time for Bankrate.com, in Homebuyer tax credit extended, expanded. ... Read the full post ... Read more

The Ponzi Scheme spawned a societal sense of entitlement. It is likely that social safety nets will be created and enlarged to pander to this new demand. Asking Price: $2,128,500 Address: 33 Ridgeview Irvine, CA 92603 So he chased the wind Thats all his sill ... Read the full p ... Read more

In a competitive society like ours, there are winners and losers. The people who bought before the bubble, did not HELOC their home, and are selling in time to cash in that bubble equity are the winners. Let’s celebrate them today. Asking P rice: $747,500 ... Read the full post ... Read more

Distressed sellers have no room to negotiate on price, and often these transactions have to be cleared through other interested parties. Sellers with equity have no such limitations. Our property today is owned by motivated sellers who are not distressed. They want to get out, but they do not ... Read more

Give It Away Now —Red Hot Chili Peppers Give it away give it away give it away now I can't tell if I'm a kingpin or a pauper in yesterday’s rather lengthy post, I discussed Debt-To-Income Ratios: The Forgotten Variable. Today, I want to bring together parts of that post with other issues in th ... Read more