Original Homeowners As Thieves: Foreclosure Stripping

Visit msnbc.com for Breaking News, World News, and News about the Economy If ya didn’t pay the the full note, then ya don’t own it.

Sunday Mashup

I haven’t been updating here like I have been in the past… still working on other web projects but here’s the linkage from the past week: News that FHA reserves will drop below the requried limits, restrictions will become tighter if it wasn’t already more difficult for some to get a home loan with solid [...]

Should The Tax Credit Be Extended?

Here comes that push to get lawmakers to extend that $8000 first time home buyer tax credit or maybe available to all home buyers with increased return of $15,000. The housing tax credit has seemed to work, but what many can only view as helping the low end of the market buyers. So I get [...]

Sunday Mashup

Linkage from the past week It doesn’t get any worse than this, in case you haven’t heard yet but a very high up Wells Fargo executive (in charge of the bank-owned properties division) reportedly moved into a property and threw some lavish parties in a Malibu home in the Colony. Yeah, I’d probably live in [...]

6,964 Home Buyer Tax Credits Claimed So Far In Minnesota

minnesotahousingtaxcreditusage

According to this interactive graph on CNN and data pulled from the treasury department a total of 6,964 home buyers have taken advantage of the $8000 housing tax credit. Not sure how they arrived at the numbers, whether it has been home buyers that have already filed or numbers used from mortgage data. Maybe someone [...]

Sunday Mashup

About 13  minutes to spare in the day before the day rolls over, here are the some links from the past week: Hard times in commercial real estate has just begun. How the notice of defaults will continue to rise. Here’s a decent video on timing the market if you are looking at buying now [...]

A different kind of tour with homes designed by Architects

A home tour around the Twin Cities like no other. Homes By Architects is in it’s second year and provides a chance to chat with and view local homes designed by these architects. The event is put on by the American Instiute of Architects of Minnesota. What to look for via HomesByArchitect This tour is [...]

and here come the commercial real estate defaults

Commence the Twin Cities commercial real estate meltdown, but let’s hope not. No secret that this area is the next to and by the sounds of it… it’s just getting started. Distressed property experts in commercial real estate are popping up just like all the REO agents in Minneapolis/St. Paul sprung up in the past [...]

Minneapolis Under Priced College Town

Recent article puts Minneapolis on the list of 15 cities where real estate bargain hunters can find homes that are under priced college towns. From US News: Minneapolis-St. Paul: The University of Minnesota-Twin Cities is located in lovely Minneapolis. With more than 32,000 undergraduates enrolled, the University of Minnesota ranked 61st on U.S. News’s Best [...]

Hold Me Over Post

Not that I have been lazy with updating in the past week, just working on bootstrapping some other real estate related sites togtether which should be launched soon. So I dug up last month’s skinny video courtesy of the Minneapolis Association of Realtors for a ‘hold me over’ post.