Some home sellers will now pay Medicare taxes on some of the proceeds of their home sale — hidden evils of the health care bill.  In effect, there is a now a Federal Transfer Tax for some individuals on their homes.   This is tragic.  Calculating… Read more

MarketWatch article U.S. properties targeted for foreclosure rose 8% in first half Excerpt: “One of every 78 U.S. housing units, or 1.28% of the total, was subject to at least one foreclosure filing in the first six months of the year. That’s a total of… Read more

Quoted again in Bankrate.com’s daily blog. See link Below Excerpt from artcile: Rates fell amid financial turmoil in Europe and a disappointing June U.S. employment report, released last Friday. The economy shed 125,000 jobs, hourly earnings fell and the average workweek shrank by six minutes…. Read more

Five Office Markets Account for 70 Percent of All Office Building Sales $10 Million and Up Boston, NYC, Washington DC, Los Angeles and San Francisco accounted for 70 percent of the $10 million and up office building sales since January 2009.  Most of the transactions… Read more

The Wall Street Journal reported today a slowing rate of increased vacancy at large shopping centers (albeit slight going from 8.9 to 9 percent in Q2) and declining lease rates (down 0.2 percent, though the smallest drop in seven quarters) in the top 80 U.S…. Read more

See comments below from a 30-minute interview with Bankrate.com  Friday. Comments: “I think the bottom line is we’re not out of this recession,” says Ted C. Jones, chief economist for Stewart Title. Yes, he realizes that a recession is defined as two consecutive quarters of shrinking… Read more

Great Read and Perspective The housing-market recession is not over- MarketWatch

New home sales plunge 33 percent hitting record low since statistics have been collected. See  Marketwatch article

Wall Street Journal Conjectures That Housing Will Continue it’s Long Slow Melt Rather Than a Double Dip Housing will not recover until job growth recovers—and there is little good news out there on the job front.  While the US did add 431,000 jobs in May,… Read more

Why the American Dream for Many May No Longer Be Owning a Home — Excellent Article on Home ownership And The Impact When Incentives For People to Own Blinds Them From the Associated Risks Rethinking Part of the American Dream- WSJ Hyperlink the above with… Read more