Author Archive

The BP Oil Spill and its Unintended Effects on the Housing Market

So the BP oil disaster has created a lot of news in the past few months, which it should. The utter disaster that the oil spill has created is one that has never been seen in the United States. Along with that, the news has cast a wide net over all major media outlets and networks, almost shutting out any other news of any kinds, save for the vuvuzelas of the World Cup.  Read more...

Buying a Foreclosure May Not End Up Being a Bargain for Some Homebuyers!

With all of the home foreclosures on the market, many Real Estate investors and potential new home owners are looking to the bank-owned property market as a way to get a ‘steal’ on a piece of property.  Read more...

The Real Facts Regarding the U.S. Economy, Housing Market, and the Shadow Inventory Phenomenon…

According to Bloomberg and Reuters, the housing recovery is “on course”. Housing starts are up 1.6% this month, the highest increase since February 2008.

Builders are breaking ground, homes are being built. The economic recovery is supposedly on the rise…yet no one is mentioning anything about the shadow inventory.  Read more...

Income Limits Have Been Removed For Roth IRA Conversions: How Does That Affect Me?

You may have heard that income limits have been removed on Roth IRA conversions.

This could be some of the best news you ever hear that can actually make you wealthy. I am not kidding. This isn’t a time to be joking about a wealthy IRA or retirement.  Read more...

As Oil Races Past $85 a Barrel, What Does This Mean For Real Estate?

So the cost for a barrel of light, sweet, crude oil is over $85 dollars today. That should tell us plenty about the economy, the housing industry, and the upcoming summer travel season. The issue is that as the price for a barrel of oil goes up, other industries slow down. Not to mention that the higher costs for a barrel of oil translate into the daily and weekly budget adjustments for the average American and it really causes people to change their lifestyles.  Read more...

The New Introduction of the “Keep Your Hands Off of My 401(k) Act of 2010″

With a majority of Americans having a large, if not scary, amount of their retirement IRAs and 401(k)s invested solely in stocks and bonds, it begs the question to ask if Obama is brazen enough to seize these accounts.  Read more...

“This is the Safest and Best Investment For You!” Yeah, Right Wall Street….

Real Estate always bounces back. It is a simple, yet core component of the ever-increasingly difficult to measure United States economy. With the simple measurement of the housing economy, one can dictate whether or not a recession has ended or if it has double-dipped into a real depression.  Read more...