• Real estate

    Posted on May 31st, 2008

    Written by ed

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    Is Monday a Brand New Day in the Mortgage World?

    Or will it be business as usual???  About a week ago, Fannie Mae announced a new, national policy on down payment requirements for conventional, conforming mortgages the company will purchase or guarantee. Starting June 1, 2008, Fannie Mae will accept up to 97 percent loan-to-value ratios for conventional, conforming mortgages processed through its Desktop Underwriter […]

  • Real estate

    Posted on May 24th, 2008

    Written by ed

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    New “Gory Details” Podcast – Focus on Home Security & Safety

    WIth June being "Home Safety Month", today's "Gory Details" podcast provides information to homeowners and buyers about home security and safety in today's environment. And joining us today as our special guest to the Gory Details is a long time local law enforcement official, Officer Garcia.  Today, we discuss: Some of the common mistakes homeowners […]

  • Real estate

    Posted on May 21st, 2008

    Written by ed

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    Politically Incorrect Real Estate Cartoon for the Day

    Ok, so I’m a sucker for off-the-wall humor, and “American Dad” certainly fits the bill….this was a funny, real-estate related clip. And note, this is NOT how it really is in this biz:

  • Real estate

    Posted on May 15th, 2008

    Written by ed

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    Housing Crisis is Over — If the WSJ Says It, It Must Be True

    An interesting editorial in the WSJ, from May 6, titled "The Housing Crisis is Over".  Of course, the bubble-heads will never ever believe it, but hey, your world is what you make it.  Now, I’m not saying every market is all spectacular and shiny — I do realize that many micro-markets in our Bay Area […]

  • Real estate

    Posted on May 15th, 2008

    Written by ed

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    Did Your Agent REALLY Do That?

    I love reading Athol Kay’s blog, especially his "Bad MLS Photo of the Day" section.  It brings back the anticipation we used to get back in the 80’s for the Letterman Top 10 List (back when it was really funny). Ah, may Larry Bud Melman rest in peace. This hilarious one is for the books […]

  • Real estate

    Posted on May 1st, 2008

    Written by ed

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    This Just In: ARMs Reset, No Chaos Happens…Media Doesn’t Know What to Report On Anymore

    And look, no crack in the earth opened up!!  As ARMs reset, little of the expected chaos is coming to fruition.  An interesting article here, from the SF Chronicle a few days ago. Worries that subprime mortgages originated during the peak real estate market would sideswipe borrowers with giant monthly payment increases have been reduced […]