Facing Foreclosure? Read On. . .

March 16, 2009 • 10 comments

Recently, a single mother lost her job in a central Florida town and was about to lose her house, too. But then she made a seemingly simple request of the […]

by Evan Brusilow

No Real Mortgage Relief Despite Government Efforts

December 17, 2008 • 1 comment

To say 2008 has been a bad year for real estate is just a wee bit of an understatement. Property values have plunged by some 35% nationwide and foreclosures are […]

by Hunter Palmer

Laketown Wharf Busts, Leaves Developer Crying

September 17, 2008 • 78 comments

We’ve all heard the rumors about what is happening with Laketown Wharf.  Jerry Wallace, the developer, once positively referred to the area around Laketown Wharf as a “condo canyon” and […]

by Jason Koertge

House OKs Controversial Housing Plan

May 12, 2008 • 0 comments

The House approved a federally backed bailout for the housing market; as skimpy as it may seem.  Not supported by the White House, the foreclosure prevention package was passed in […]

by Jason Koertge

Housing Starts Lowest in 17 years

April 16, 2008 • 1 comment

Housing starts, down almost 12% from February are the lowest they’ve been in 17 years.  With 947,000 starts, building permits were also down to 927,000, from 984,000 in February. The […]

by Jason Koertge

Have we hit bottom?

April 12, 2008 • 1 comment

Has the real estate market nationwide hit bottom?  I hear Realtors all the time say that business is picking up for them.  In addition, I was looking through the New […]

by Jason Koertge

Foreclosures and what the government is going to do about it.

April 4, 2008 • 0 comments

Thursday the Senate began a debate on taking measures to help curb foreclosures nationwide. Highlights for the bill: Make loans backed by the Federal Housing Administration more widely available Makes […]

by Jason Koertge

The Fed acknowledges recession possible.

April 3, 2008 • 0 comments

Ben Bernanke, a student of the Great Depression, knows what a depression looks like and previously served on the panel that unofficially determines when a depression begins and ends. On […]

by Jason Koertge

The Fed reports that more needs to be done about foreclosures

March 5, 2008 • 0 comments

  With foreclosures on the rise and market instability increasing, The Federal Reserve Chairman, Ben Bernanke urged lenders Tuesday to help distressed owners by lowering mortgage amounts.  He warned that […]

by Jason Koertge

Bill to allow judges to lower mortgage amount instead of foreclosure

February 22, 2008 • 5 comments

In an effort to reduce the number of foreclosures this year and next year by an estimated 600,000+ households, there are two bills before Congress that would grand “judges the […]

by Jason Koertge