While the Realtors and Home Builders and Mortgage Bankers all bask in the glow of the home buyer tax credit extension/expansion, we all need to turn our attention to the real drag on a housing recovery: Foreclosures.    Read More

CEOs aren't just stuffed suits — they can be quite funny. A few of them set out to prove it last night at Caroline's. There were real-estate jokes, Bernie Madoff jokes — let's face it, this year gave them a lot to work with!   Read More

In landslide votes, the extension/expansion of the first time home buyer tax credit passed both houses of Congress and is now on its way to the President's desk for signing tomorrow.    Read More

What do you do with a former bank branch? Real-estate agents are getting creative. But here's the good news ...   Read More

Yep, thanks to a new program announced by the nation's largest owner of home loans, Fannie Mae, troubled borrowers can sign over the deed of their homes and rent back for the current market rate.   Read More

Warren Buffett doesn’t know what he’s doing? Really?   Read More

An interesting article in the Wall Street Journal today about Wells Fargo & Co. modifying some of its worst loans into interest-only loans got me thinking about the housing recovery in a new light.    Read More

Warren Buffett tells CNBC's Becky Quick that Berkshire Hathaway has talked to five big financial firms about buying their tax credits.  Buffett says he can't name any names due to confidentiality agreements, but notes that Berkshire has been buying tax credits since 1990 and will continue to do so in the future.   Read More

Despite all the yelling about the need for a government exit strategy from its massive economic bailouts, real estate welfare is still cooking with gas.    Read More

An interesting report today from the Mortgage Bankers Association shows business may be better than we think for their people.    Read More