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I have watched several housing markets decline so fast my head spins, but I have also watched our housing market incline at a dizzying rate also. A small 2 bedroom house in a college neighborhood has gone from $86,000 to $110,000 in 2 years.
We …

In the last 2 weeks oil has fallen from $147 to $121 a barrel. The US Transportation Department said that in the month of May, US drivers drove 3.7% less than just one year prior. With demand falling for oil, so does the …

Tomorrow up to 400,000 homeowners can take a sigh of relief after the Senate passes a bill to let them refinance into lower interest loans. This will be backed by the Federal Housing Administration. The rescue gives the Treasury an unlimited amount of money …

Home builders are finally slowing down building new single-family homes. It comes at a time when housing prices are falling and few are buying.
I really think it is time for the constant building to stop. No one is buying the older homes, so …

The FBI is starting an investigation into IndyMac about home loan fraud. (as of right now) No one knows when the FBI started their inquest, but I am pretty sure it started around the time the government seized the bank.
The FBI doing an inquest …