Time to take a look at the second installment in the 7 things series.   If you recall, last time, we looked at the fact that, in a rapidly changing market like we are, 6 months ago is ancient history.    What someone paid 6 months ago…… Well, just read about that at 7 Things –... »

Here’s what I wrote about item #1 on the list last time: 6 months ago is ancient history. What your neighbor sold his house for 6 months ago doesn’t matter.   What the seller was asking for the house 6 months ago doesn’t matter.   What matters is what the market will support today. So, how... »

In July of 2008, I wrote a piece as a guest post on Paul Kedrosky’s site, Infectious Greed.    I called that piece The Top 7 Things Every Home Buyer Should Know.   The piece got a lot of “press” and actually got me interviewed by the New York Times.    I was talking with the reporter... »

Sorry for taking so long to get the next post on “The Bigger Picture” done.   Let me tell you what I’m working on…. Last July (2008), I wrote a piece called “The Seven Things Every Home Buyer Should Know.”   It got picked up by a couple of very high traffic sites (like the New... »

My apologies for taking almost 24 hours after the Fed to get this up.   As I’ve done in the past, I want to go through what the Fed said yesterday and give some insights into what I think it means for the housing and mortgage markets.   You can find the entire FOMC statement at... »

Technorati Tags: employment report,jobs,unemployment rate,tom vanderwell You know, I’ve had more than one person accuse me of being way too negative in today’s market.   I prefer to think of it as way too educated or something like that.   No matter how you call it, I feel like it’s way too important to not only... »