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Just a bit angry today!

This morning I read an article in the Sacramento Bee about the former executives of Countrywide that got rich on bonuses and golden parachutes after they made tons of questionable loans which we are all now paying for. Believe it or not they have taken
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Nothing new in Sacramento or Roseville

I started to blog about some of the November results for our local Sacramento real estate market and quickly became bored. For anyone who reads a newspaper or listens to the news there is nothing new to report. Generally sales are up, median prices and
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Can housing lead the way to recovery?

If it was housing that led the economy to where it is today, “the tank,” then it only stands to reason, housing can be the way to recovery. Sure there are other elements of the National economy that need tending but until we have some stability
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Bar Stool Economics

I couldn’t resist sharing this long but illuminating story this morning. It was one of those things that had been forwarded about a 100 times so I had to clean it up a bit but I think it is intact and worth the time to read. Suppose that every day,
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Not that Simple

I came across this brief article this morning and thought it was worth sharing: Reworking Troubled Mortgages Isn't That Simple In order to rework troubled mortgage, the government may have to do more than persuade lenders and investors that workouts
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Sacramento's real estate market is not frozen!

Is the only way to get anything done in politically partisan Washington to declare an emergency, tell the world the sky is falling and create a three day “bipartisan period” to pass back room brokered deal that may cost the American taxpayer
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Is there a bail out?

I have read a fair number of blogs complaining about the governments “bail out” of people who over borrowed and companies who were responsible for much of the credit crunch. I don’t think the Housing Recovery Act is a mistake because
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Real Estate Statistics

If you have been a long time reader of my blog you may well remember I used to spend a fair amount of print writing about the monthly statistical reports. I can’t remember when was the last time I posted something to my blog or wrote an article
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Sacramento home prices are still dropping

Although the available inventory of Sacramento real estate homes on the market has remained steady for the past month and is down from where we were six months ago the median price for a home has continued to decline. The median price for a home, according
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Will Lower Rates Spark Market Rebound?

From Realtor.org: Susanne Cannon, the director of the Real Estate Center at DePaul University, says that at a conference this month with other academics who specialize in housing, the consensus was that many buyers have been waiting on the sidelines until
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