About a week ago, the area around Post and Larkin was blocked off to traffic and MUNI was rerouted. I’m not really sure what happened, but I received a notice on both my cell phone and email letting me know to avoid the area, just in case I was heading that way. I […]

According to our account resources, Countrywide Home Loans will eliminate all subprime ARM loan products tomorrow for their wholesale partners; leaving only the 15, 20 and 30-year fixed mortgage products available for brokers. This follows on the heals of Angelo Mozilo’s statement that Countrywide is “out of subprime” and marks a massive 180 from […]

Home prices in major Canadian cities continued rising strongly through the summer, Royal LePage Real Estate Services reported today. The company’s third-quarter survey of the resale housing market found that on a national basis the average condominium price increased 15.7 per cent from a year earlier to $241,818, while standard two-storey properties gained 13.4 per […]

In this edition of the Blownmortgage.com interview series we speak with Patrick, the founder of Patrick.net. Patrick.net is one of the original housing web sites that decided to stop listening to the spin-doctors in the NAR and started looking for truth in the over-valued housing market of San Francisco. The site took off and […]

The answer, of course, is a resounding yes! When looking for your new home or for an investment opportunity it is always worth considering buying foreclosure properties. Compared to newly-built houses, foreclosure homes are guaranteed to save you much of your money. How? The fact that these homes are offered at prices based on […]

Mobile-friendly Fizber redesign now works on iPhones.
Now even the busiest homeowners and home buyers can buy or sell the home of their dreams on their own, thanks to real estate for-sale-by-owner (FSBO) site Fizber.com. The company today announced its new mobile-friendly redesign which works on iPhones even.
“We are working hard to make Fizber.com the […]

If you have questions about permits and inspections in the San Francisco building process (and who doesn’t?!), The annual Department of Building Inspection Summit is right around the corner!
Get the answers at the “Meet the DBI Pros” Summit, on October 11 and 12, 2007, between 8 a.m. and 1:30 p.m. at the Bill […]

For those suffering from the malaise of Yahoo non-existance, maybe this will help. Yahoo’s just released some fresh updates to their crawling, indexing and ranking algorithms.

Well hold the presses!  Wouldn’t you know - subprime defaults continue to increase!  Somebody, tell your friends - the terribly underwritten subprime loans brought to the market courtesy of New Century, Fremont, and the rest of the imploded subprime cartel continue to sour by the day.  Bloomberg reports:
Late payments and defaults among subprime mortgages packaged […]

Whether you’re moving into or out of San Francisco, or Timbuktu, moving can add a few more gray hairs to anyone’s head. I was looking at the Gilbert Guide after a reader from the company posted a comment on my blog, and ran across a great post that can help even the biggest stress […]