The US Census bureau reported vacancy statistics this week, and the numbers are not good, in spite of some of the administrations efforts to improve homeownership. There are a total of 130.6 million households in the United States, and of that, 18.9 million are currently vacant. Those numbers are a bit higher than at the [...]
Entries Tagged as 'Uncategorized'
Census Bureau Report: Almost 19 million homes in US are Vacant
February 2nd, 2010 · No Comments · Uncategorized
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2010 Resolution: Keep things in perspective
January 12th, 2010 · No Comments · Uncategorized
If we have learned anything from the housing crisis of the last 2 years, it is that the notion that we “deserve” a certain home or a certain lifestyle is ill conceived. It only takes talking to an elderly relative that lived through the depression and World War II to realize that we probably have [...]
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Credit/Housing Crisis Explained - Audio/Visual Explanation
January 8th, 2010 · No Comments · Uncategorized
It has been a wild couple of years, hasn’t it? I am not going to say I predicted it, by any means, but it seemed a little odd to me back in 2005 when an acquaintance with a 500-ish credit score and very modest income was able to qualify for a brand new $130,000 home. [...]
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Get your Financial Life in order for 2010
January 2nd, 2010 · No Comments · Uncategorized
A great resolution for the new year is to READ MORE BOOKS and WATCH LESS TV. It’s on my family’s list, to be sure. A great book to start off with is Your Money or Your Life by Joe Dominguez and Vicki Robin. I read this one a few years ago, and it totally changed my [...]
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Bank Owned Home Purchase: You need a Robot to figure it out!
October 20th, 2009 · No Comments · Uncategorized
I just recently saw this funny video that pokes fun at the frustrating process buyers are having in trying to take advantage of the bank owned foreclosure “deals” that are out there. Obviously, the producer of this short film exaggerates some of the frustrating factors, but most are based on reality.
The guys that made the [...]
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$8000 First Time Home Buyer Tax Credit…”I heard a rumor…”
October 16th, 2009 · No Comments · Uncategorized
Well, the final days of opportunity for the $8000 first time homebuyer tax credit are upon us. If someone wants to close by 11/30, then he or she (or they) must be ready to rock and roll right NOW… Most importantly, have that loan officer on speed dial, and make sure that he or she has all the [...]
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NEWS UPDATE: More Bank-Owned Foreclosures coming to Columbus,OH
October 2nd, 2009 · No Comments · Uncategorized
Some of you may have heard recent reports that existing home sales are up. You also may have heard that the Federal Reserve chairman announced, “The Recession is Over…”. But, it may be a “jobless recovery”. OK, sure. That reminds me of the thinking that my 10-year old nephew exhibited when he saw a billboard [...]
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Avoid this Real Estate Agent!
September 25th, 2009 · No Comments · Uncategorized
I laugh everytime I watch this video. There is always a bit of truth in every comedy bit. Where is the truth here? OK, fellas, it is our better half’s who do the real deciding!
Enjoy.
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Big Hat, No Cattle - A Columbus,OH perspective on “The Millionaire Next Door”
September 25th, 2009 · No Comments · Uncategorized
I recently finished up reading Thomas Stanley’s, “The Millionaire Next Door” (OK –I confess, I actually listened to the Book on CD in my car — but it was the COMPLETE, UNABRIDGED version!), and it really did shed some fresh light on my take on the housing market in Columbus and Central Ohio over the [...]
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Does School District Rating relate to Home Values in Central Ohio? Three guesses, first two don’t count…
August 26th, 2009 · No Comments · Uncategorized
The Ohio Department of Education just released their latest rankings of all school districts in Columbus and Central Ohio. Not much has changed since last years’ rankings. Our focus today is how the “quality” of the school district correlates to the average home price in that community. We have been saying for years that school district [...]
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