Aug 30 2008

You Cannot Afford a $350,000 Home with a $75,000 Household Income!

You would think that before people make the largest financial decision in their lives, they would do a monthly budget first.  Yet during this past decade budgets were hardly brought to the forefront and were pushed to the back of any financial decisions.  The new definition of housing affordability should include the idea of maintaining [...]

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Aug 26 2008

Foreclosure Cassandra: The Tangled Housing Web: Looking the Other way While Mortgage Fraud runs Rampant.

Today a reader sent in a link to an article that was published in the Fort Worth Weekly regarding predatory lending and how Americans are being put in the poor house.  Does this story sound familiar?  For all the rhetoric about people not seeing this crisis coming there has now been a release that the [...]

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