June 2010

Tax Credit Extension Approved by Senate!!

June 30, 2010

BREAKING NEWS:  Done!! President signed bill! Tweet

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Halfway Through The Year…Some Random Thoughts

June 30, 2010

June 30th is a good time to take a pause an assessment of where we are…call it a reflection: The Tax Credit is gone. Although we are likely to see an extension of the closing portion of the credit, there looks to be no new beneficiaries of this program.  Years from now, we will look [...]

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Yet Another Dumb Reason for Not Buying a Home

June 30, 2010

We have been addressing some of the more questionable reasons people give for not buying a house each Wednesday. Two weeks ago, we covered Dumb Reason #1: Real Estate is no longer a good investment. Last week, we covered Dumb Reason #2: Renters are happier than homeowners. We will cover the third reason today: Dumb Reason [...]

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The Power of the KCM Community is Needed

June 29, 2010

HELP! If you are reading this blog, you know the KCM Crew works hard every day to deliver to you a quality post that you can share with your consumers. They are up for the Inman News 2010 Innovator Award. Please honor their hard work by taking the time to vote. click on the Inman News link [...]

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Walking Away: The Impact on Housing

June 29, 2010

There is a growing trend in this country of people walking away from their mortgage obligations. The definition of a ‘walk away’ borrower is one who has the financial means to continue to make their mortgage payment but decides not to. This situation is also called strategic default. The incidence of people taking this path [...]

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Home Buyers Tax Credit Extension Update

June 28, 2010

UPDATES!  Friday 7/2 12PM: Done! The president has signed the bill. Wednesday 6/30 10:30PM: Tax Credit Deadline Extension and Flood Insurance Extension passed by Senate. Headed to the President!!! (Isn’t in main stream media yet but we got it from a VERY reliable source). Wednesday 6/30 1:30PM: The Associated Press is reporting that politics may [...]

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