Category Archives: America

Freddie Mac Lied to the Nation

Tweet If you ever bought or even tried to buy a short sale you are aware of the problems and difficulty in completing the transaction.  You might have wondered, “how could the banks be so obstinate?” We now learn that … Continue reading

Posted in America, Economy, Foreclosure, Fraud, Government, Mortgage Fraud, Politics, Real estate news, Short Sale Fraud | Tagged , , , , , | Leave a comment

Foreclosure Activity Likely to Increase This Year

Tweet We can expect a large increase on foreclosure activity this year. At least, that’s what the LA Times thinks. Foreclosure activity has been suppressed because the lenders have been focusing on getting their act together. Here in Nevada they … Continue reading

Posted in America, Foreclosure, Government, Nevada, Politics, Real estate news | Tagged , , , , | Leave a comment

Reno Makes another Worst of List

Tweet Here’s another “best of”, “worst of” list and Reno wins another prize. It may not be the prize that Reno would like on its resume although it’s not necessarily our fault. It is not just a story about Reno … Continue reading

Posted in America, Economy, Government, Nevada, Politics, Reno, Reno Real Estate, Sparks, Unemployment | Tagged , , , , , , | Leave a comment

Foreclosure Starts are Down Across the West

Tweet Foreclosure starts are down all across the West Coast for December. Reduced filings were reported in California, Nevada and Washington. Nevada showed drops of 14%. According to ForeclosureRadar the drops were due to the closing of trustee sale locations … Continue reading

Posted in America, Economy, Foreclosure, Government, Nevada, Real estate news, Sparks Real Estate | Tagged , , , , , , , , | Leave a comment

The Informal Economy

Tweet Are you a part of the informal economy? Do you do things outside of a formal work structure. Do you get paid in cash, under the table? Do you buy and sell using Craigslist, eBay or other routes? Do … Continue reading

Posted in America, Economy, Government, Reno | Leave a comment

Merry Christmas to All

Tweet I wish you a very Merry Christmas. You may also be interested in . . .Freddie Mac Lied to the NationReno Makes another Worst of ListHappy New Year

Posted in America, Holiday | Tagged , | Leave a comment

NAR says Over Counting was Minor

Tweet The NAR ( National Association of Realtors) Has been fudging the data on the sales of esisting homes for at least the last four years. Just in case you didn’t make the connection, that’s at least since the Obama … Continue reading

Posted in America, Economy, Politics, Real estate news, Reno Real Estate | Tagged , , | Leave a comment

Nevada Ranks # 46 in List of Best Run States

Tweet Here’s another one of the “Best of” and “Worst of” lists that must fill journalists need for “product.” This time it is ranking the best of and the worst of the 50 states according to their arbitrary opinion. These … Continue reading

Posted in America, Economy, Government, Nevada, Politics, Unemployment | Tagged , , , , | Leave a comment

New Short Sale Rules From Freddie Mac

Tweet Effective Jan, 1, 2012 everyone involved with Freddie Mac short sales will be required to sign an affidavit and be held liable for any misrepresentations they may have caused. This is purportedly to ensure that the transaction is at … Continue reading

Posted in America, Financing, Foreclosure, Fraud, Government, Mortgage Fraud, Real estate news, Short Sale Fraud, Short Sales | Tagged , , , , , | Leave a comment

Canadians Think Las Vegas is Good Investment

Tweet Canadians must think Las Vegas is a good place to invest. Else, why would they be putting their own money there? The reality is that Candadians are investing in Las Vegas, big time. Do they know something that we … Continue reading

Posted in America, Economy, Nevada, Reno Real Estate, Sparks Real Estate | Tagged , , , | Leave a comment