Not like it’s really a suprising fact, but definitely a sobering one. I previously wrote about the game my children and I play where we guess the number of “For Sale” signs we’ll count on a street as we’re driving. It’s times like that when you realize the housing bubble and credit crisis […]

Short sales aren’t as easy as they were a few years ago. With the banks now inundated with returned properties courtesy of increased foreclosures and jingle mail from owners abandoning their homes, there’s much more work done by the same amount of people in many cases.
Additionally, banks have yet to figure out how to […]

You have to be very careful how you read titles like this because many have a knee-jerk reaction to thinking, “stopping foreclosure - that’s great!”. But there are many foreclosures that are simply going to have to happen if we want the economy to get itself back on track.
You can’t put a fire out […]

We’re seeing this more and more - the benefits of owning a house are no longer outweighing the benefits of renting instead. With high profile folks like Jose Canseco electing to be foreclosed on rather than make uncomfortable payments or the folks who are losing their homes in The Hamptons due to the North […]

This kind of had me doing a double take at the title. I’ve always heard of “vacationing in The Hamptons”, but this really brings that point home. Looks like soon, that’s all some folks will be able to do!

Homeowners in the some of the toniest ZIP codes in the Hamptons are facing a […]