Economic Update
(Monday, June 15, 2020)
It’s official: The longest expansion in U.S. history ended in February as the economy fell into a deep recession, according to the National Bureau of Economic Research (“NBER”...
Article on Market-Watch:
https://www-marketwatch-com.cdn.ampproject.org/c/www.marketwatch.com/amp/story/guid/E5127276-1A17-11E7-8755-9AB7B5C1C318
Spoiler alert:
- According to the mortgage bankers association, the a...
Hi Everyone,
For anybody who has experience investing in the Caribbean, due to the recent hurricanes that have hit the area, is now a good time to invest in places like San Juan or Saint Martin (either residential o...
Just announced today that BoA will be slashing deliquent home loans upwards of $100,000.
How does this make you feel? I personally feel like this bank should have gone under.
Does this bother anyone else that BoA ...
Economic Update
(Monday, July 20, 2020)
In a previously unimaginable turn of events, the ...
http://money.cnn.com/2012/10/02/news/economy/housing-recovery-economists/index.html?hpt=hp_t3
When do you think the bottom will happen? While nobody can accurately predict either top or bottom (it took the Govt a year to declare a recession), everyone still has to plan for the future and you know what they sa...
Hi BP family, I'm planning to buy my first investment property with my sister in the Bay Area. I'm planning to buy in Fremont, Hayward, Union City but with my budget it seems that I can only buy condo or townhouse (if...
So I read last week the politicians in Richmond, VA voted down a bill to stabilize rent in the state. HOWEVER, don't get too happy yet. The Virginia Housing Committee did create panel to do a feasibility study on re...