To treat an addict who is using borrowed money to support the drug habit, lowering the borrowing cost so the addict can buy more drugs is not the answer. We are still on drugs. That is why real estate is in a bubble, writes Seeking Alpha.
The next real estate bubble
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Zillow believes the evolution of the industry will only help it grow
“Of the approximately 1.5 million real estate license holders, many handle only one or two transactions a year. These are not our Premier Agent partners,” Zillow’s Rich Barton said.
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All parties have settled the Sitzer/Burnett suit, so what’s next?
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Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA
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Rates at 7% attract different types of borrowers, forcing lenders to rethink profit strategies
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The unchanging
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Opinion: Will new changes make houses more affordable?