Home Equity – The Prodigal Son Returns
May 2, 2014
Like the prodigal son, equity has returned home. For the past five years, as collapsing values wiped out trillions of dollars of home equity, one
Like the prodigal son, equity has returned home. For the past five years, as collapsing values wiped out trillions of dollars of home equity, one
AND THE AWARD GOES TO… [complimentary drum roll here] Jason Furman and James Stock! [Hereinafter collectively referred to as “J&J.”] Both economists,[1] apparently shilling for
In a recent Wall Street Journal article entitled “Mortgage Lenders Ease Rules for Home Buyers in Hunt for Business” by Nick Timiraos and Annamaria Andriotis,
Quoting Kai Ryssdal, of NPR’s Marketplace, “Let’s go to the numbers!” There is no question that beginning in 4Q 2013, the number of foreclosures began
General. Well, the RMLS™ numbers are in for March 2014. We’re moving in the right direction by most accounts. For the full report, go to
For those folks still holding their breath about whether the Mortgage Forgiveness Tax Relief Act (“the Act”) will be extended, there are strong signs that
Ludd·ite – noun \ˈlə-ˌdīt\: one of a group of early 19th century English workmen destroying laborsaving machinery as a protest; broadly : one who is opposed to especially technological
A recent March 21 article by Wendy Culverwell of the Portland Business Journal [“Cover Story: Land squeeze stalls Portland homebuilders”] offers a sobering view of
This question is not just rhetorical. As of January 10, 2014, a batch of new laws became effective across the country, including Oregon. Though the
As 2013 recedes in the rear-view mirror of memory, I thought it high time to ask what were some of the significant developments of the
