Two years ago we were staring at the beginnings of a financial crisis. Credit was clogged up, home values were sliding and the government was mulling over ways that they could intervene. They wanted to save everyone…
I had opinions then, and I have opinions now.
There are still some new home developments going up around Gwinnett County, GA. Even though we keep hearing on the TV and radio that new construction has all but stalled, it hasn’t completely stopped.
And, December is traditionally the slowest month of the year for homes to go under contract (January is the slowest for closings…). So, there are a number of builders that are offering incentives for buyers during this time of year.
I had forgotten about this little gem…
Yesterday I mentioned that I hadn’t always been a big fan of Zillow. I like their people, but I haven’t always liked the data on their site. Today’s Wayback post is an early example of why.
In December of 2007, we hadn’t given almost a billion dollars to banks. But the government and the blogosphere was abuzz with talk about bailing out home owners.
That’s what we need, right?
My buddy Ken Cook wrote about the new guidelines for FHA mortgage loans.