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The Federal Reserve’s policy-making committee meets today and Wednesday to decide whether the economy could use another boost. Threats from the ongoing debt crisis in Europe, a dismal U.S. job report in May, low inflation, and dropping consumer prices has shaken the U.S.’s economic recovery in recent weeks. Some analysts speculate that the Fed will decide at its policy meeting to extend Operation Twist, a plan in which the Fed has sold short-term securities in order to buy up longer-term bonds in an effort to reduce long-term interest rates. The […]

Violent crime in the U.S. fell 4 percent in 2011, according to FBI crime data. However, violent crime increased in more than half of the cities that have among the highest crime rates in the nation, according to a review of crime data by 24/7 Wall St. “The cities with the highest crime rates tend to have particularly high poverty rates, high unemployment, and low median income,” according to its analysis. The six most dangerous cities in the U.S., according to 24/7 Wall St., are: 1. Flint, Mich. Violent crimes […]

I was born and raised here in Arizona and have seen all the amazing changes take place here (good/bad). I have been doing short sales for Sellers for the past 3 years and know how to work with the different banks to get them done. I have been working with investors & buyers in state and out of state to help them find the best property for them. I am a 24/7 realtor. Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal […]

By helping home owners refinance their mortgages into low interest rates, banks are finding unexpected profits. Banks stand to earn as much as $12 billion in revenue this year by refinancing mortgages under the government program known as Home Affordable Refinance Program (HARP), Nomura Holdings Inc. estimates. The government revised its HARP program last year to encourage more banks to refinance mortgages of underwater home owners, helping these home owners take advantage of record low interest rates and cut their monthly mortgage payments. But critics say the change in the […]

You may not have considered how your city ranks in the masculinity department. But COMBOS, along with “Best Places to Live” researcher Bert Sperling, released the fourth annual ranking of America’s manliest cities. The 50 largest metro areas were ranked on the quantity of “masculine” offers, such as number of major league sports teams; the availability of so-called “manly lifestyle” activities like fishing, woodworking, and home improvement work; and number of “manly businesses,” like home improvement stores and steak houses. The following cities topped this year’s “Manliest Cities” list: Oklahoma […]

As an agent who’s an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate here. It’s not the same everywhere, so you need someone you can trust for up-to-date information. I am eager to serve you. Here are some of the things I can do for you: Find Your Next Home You need someone who knows this area inside and out! I can work with you to find the right home at the right price for you, including all the […]

New York lawmakers introduced a bill that could mean jail time for mortgage servicer executives or their employees who commit foreclosure fraud. New York AG Eric Schneiderman drafted The Foreclosure Fraud Prevention Act of 2012, which was sponsored by state Assembly member Helene Weinstein, D-Brooklyn. Servicers could face up to a year in jail and a $1,000 fine in the event they “authorize, prepare, execute or offer for filing false documents in a pending or prospective residential foreclosure action.” Multiple acts of “robo-signing” would be a class E felony with […]

The housing revival is under way, but will need sustained job growth to continue concludes “The State of the Nation’s Housing” report from Harvard’s Joint Center for Housing Studies. “What the housing sector needs is a sustained increase in jobs to bring household growth back to its long-term pace and spur demand,” says Chris Herbert, Director of Research at the Joint Center for Housing Studies, who noted that household formations have fallen “well below expected long-run rates” due to the inability of young adults to move out on their own. […]

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Servicers started more foreclosures in May from the month before but filings were still down 4% from last year, according to RealtyTrac. “U.S. foreclosure activity has now decreased on a year-over-basis for 20 straight months including May, but the jump in May foreclosure starts shows that it’s going to be a bumpy ride down to the bottom of this foreclosure cycle,” said RealtyTrac CEO Brandon Moore. The market expected more foreclosures after the $25 billion settlement was struck in March over past abuses and documentation problems. But most of the […]