Day

May 29, 2009

"The House That Soared"

New Home “Home Run?” Not Exactly You know you’re a Realtor when you notice a headline, like this one in today’s New York Times — ‘The House That Soared’ — and immediately think to yourself: ‘What developer is making a killing in such a tough market for new homes? What was their secret? Where’s the...
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Effect(s) of Rate Jump

Didn’t Lock? Wait, and Hope for the Best Nice piece exploring the potential fallout from this week’s dramatic spike in mortgage rates (Potential Consequences of 5.5% Mortgage Rates). Although I think it’s premature to entertain all the negative consequences — after all, it’s possible that rates may drop as quickly as they popped — the...
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