Steadfast Finances

 Real Estate         No comments

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Looks like round three of government intervention in the housing market is about to kick off. Apparently, the powers that be believe getting struggling home owners who can’t pay their mortgage out of their homes (simultaneously saving their credit report) and selling those properties to well qualified buyers, via the …

 Real Estate         6 comments

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For some time now, I’ve been considering becoming a real estate investor (>1 property) once again. Even though real estate prices haven’t found their absolute bottom yet (my non-professional opinion only), I’m thinking that 2010 might be a decent time to test the waters, do some bottom fishing, and see …

 Business Trends, Investing 101, Real Estate         4 comments

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Earlier today, I stumbled across one of Google’s many data mining gadgets called “Insights for Search” and before I knew it, two hours of my day were gone.
Basically, Insights For Search is just like Google Trends with few more bells and whistles, where it quantifies the number of times various …

 Financial Planning, Real Estate         6 comments

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Being one that is easily fascinated by consumer psychology and social trends, I noticed a few interesting correlations that appears to exist in the latest round of foreclosure numbers.
It would appear that foreclosure rates are substantially lower in states with a blue collar image, share a border with Canada, or …

 Investing 101, Real Estate         5 comments

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This post is a summary of a private discussion I’ve had with reader Josh regarding my post on spotting investment bubbles. He asks:
When could I reasonably expect my Atlanta condo to be worth what it was 4 years ago when I bought it?
I thought the discussion …

 Mortgages, Real Estate         2 comments

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According to Deutsche Bank’s research, nearly 50 percent of American homeowners with a mortgage will be underwater by 2011. Pretty scary stuff considering 66% of American’s (or 51.6 million people) have a mortgage on their home.
And you would think we would have this problem solved considering the stock market is …

 Investing 101, Real Estate         9 comments

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Did your investments get slammed because you bought at the top of the market only to curse them all the way down?
Were you feeling anxiety because you listened to friends talk about flipping condos for a quick profit and felt like you were going to be left out?  Did you …

 Advertising, Real Estate         No comments

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How does looking up at the moon and seeing your favorite corporate logo sound?  The idea isn’t that far away from becoming a reality.
Checkout the 20 second clip from Moon Publicity.
[Email and RSS readers please click to site to view video]

I know I’m a bit hawkish/skeptical when it comes to …

 Real Estate         2 comments

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Over the weekend, the couple at the end of the street informed me they were finally moving away to take new jobs.  It really wasn’t much of a surprise considering their house had been up for sale since April, so naturally, I congratulated them on selling their home and had …

 Financial Crisis, Lessons Learned, Politics, Real Estate         6 comments

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Peter Schiff might have the biggest set of brass cojones of any financial guru I’ve witnessed in my lifetime.
When he warned of an impending recession in 2006-2007, he was dismissed as a ultra bearish fool.  When he said a real estate bubble had formed and no one would be able …

 Financial Crisis, Real Estate         9 comments

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Who would have thought during the peak of the housing crisis that we would witness such a sight as this?
Brand new homes located in a suburban California neighborhood being demolished because they were costing Guaranty Bank (a TARP recipient of bailout funds) too much money in fines to allow the …

 Real Estate, Vulture Investing         4 comments

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The NY Times recently published a very powerful interactive graphic comparing median income vs. median home prices from a wide selection of American cities dating back to 1979.
At first glance, it really does appear all that sensational.  However, as a personal finance blogger, the conclusions I’ve drawn from this graphic …