Search all MLS listings at www.RonBarnesRealEstate.com
A couple of weeks ago, I made a statement reflecting analyst predictions that interest rates would reach 6% by year end. I’m not even sure the ink is dry on that one, and now interest rates are trending lower. Now before you make fun of me, I can explain. (more…)
Obama wants to makes changes to the $75 billion loser program “Making Home Affordable” that might make things even worse. http://tinyurl.com/yh9agzn
Personally, I am fed up with this administration throwing money away for nothing. As the article states (from the typically liberal New York Times), the changes will likely shift the focus of the program from those who might be able to get back on their feet with a little help, to anyone who can fog a mirror with their breath. It will only prolong the foreclosure crisis by temporarily reducing the number of active foreclosures, which will no doubt be heralded as a major victory by the White House Administration.
We need to remember that the current economic crisis was caused by fifteen or twenty years of government intervention into banking and finance. In the name of votes and ego gratification, that will apparently never go away, unless we vote them out. Thank you Massachusetts!
Search all MLS listings at www.RonBarnesRealEstate.com
Our job as professional Realtors® these days is to listen to all the excuses people use to put off buying a new home. “The market will keep going down. The interest rates are staying low. The windows are a little dirty. There is no reason to hurry in a buyer’s market. I’m looking for a $350,000 home for about $140,000.” I’m sure my fellow agents can come up with a few more. It would be hilarious if it were not so tragic, watching people wring their hands in “analysis paralysis” while the deal of their lives slips away before their eyes. (more…)
Search all MLS listings at www.RonBarnesRealEstate.com
If you, like many people today, are faced with a mortgage which is delinquent or about to become delinquent, you may qualify for help from Uncle Sam. The Home Affordable Modification Program (HAMP) was enacted in February 2009 (more…)
STATE OF GEORGIA
Sonny Perdue
GOVERNOR
For Immediate Release Contact: Office of Communications
Thursday, September 17, 2009 (404) 651-7774
Statement of Governor Perdue Regarding the Department of Human Services Contract with ACORN (more…)
You can search all MLS listings at www.RonBarnesRealEstate.com
The most astute appraisal of President Obama’s performance to date. If anyone sees an error or an exaggeration in the below please bring it to my attention.
One of Bob Oster’s CEO friends wrote this. Bob respects him highly. (For those on this list who don’t know Bob: he was CFO of Oracle when it went public, also CFO of Syntex, and holds a Ph.D. in economics from Berkeley. Since 1987, he has been an angel investor and private VC. He is on the Board of Overseers at the Hoover Institution.) (more…)
Search all MLS listings at www.RonBarnesRealEstate.com
Short sale is a term that really had little if any use during the period when real estate was spiraling out of control in many parts of the country. Many people still ask me questions about short sales. Here are a few of them: (more…)
Search all MLS listings and learn about Short Sales at www.RonBarnesRealEstate.com
There was an article in the AJC about the state of the current economy. It quoted Ken Heaghney, a state economist, Dennis Lockhart, President of the Federal Reserve Bank of
Last week Prudential Georgia Realty rolled out a new program designed to get buyers off the fence and under contract. It’s called the Job Loss Protection Plan. (more…)