The several years of "loose lending" by mortgage lenders helped bring a surge of bad loan programs with borrowers that were either overextended from Day One or should have been unqualified to begin with. This surge has now become a tsunami of foreclosures and short sales, which Jeff Allen and I have lumped together as the term: "Lender Mediated Sales." Now that lenders, banks, retirement funds, investment bankers, average investors and everyone else have all been bitten by the fallout from this housecological … [Read more...]
Housing News, Opinion, Statistics and Homes for Sale
Latest Blog Posts
Minneapolis/St. Paul April Pending Home Sales Hit 10 Year High
The Twin Cities housing market continues to roar ahead as today the Minneapolis Area Association of … [Read More...]
Fantastically Simple Way to Make a Home Floor Plan
While there are several phone apps that can help you make a floor plan, this one seems to be the … [Read More...]
Print a 3D Model of Your House Plan
For home buyers that are looking to build a new home, one of the most common questions asked is … [Read More...]