Adding insult to injury .. chinese drywall problems

Many people who purchased during the housing boom have found that their house is now underwater.  In other words the loan amount is more than what the house is now worth.  Many are sitting tight hoping that prices will eventually come up again.  However it turns out that purchasing during the housing boom may have [...]

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2010 Housing Market, recovery or …… ?

Aren’t you glad 2009 is over?  So many foreclosures, 10% unemployment, so many houses underwater.   2010 has to be better right?    Some realtors and economists are predicting better times for real estate in 2010.  I really want to believe them.  I really do.  But what about the coming mortgage loan resets that will start about [...]

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The boom lives in Costa Rica

I’ve now been back from a 2 week trip from Costa Rica for a week. It was a bit harsh, re-integrating myself back into my life. The bills (especially all my mortgages). The cold (yes this is San Francisco, we don’t get summers). The sheer pile of things to do. I missed having wonderful breakfasts [...]

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