Scott Wall's (ask2agents) Blog

This is good news for the mortgage industry. The housing bill winding it's way through Congress is most likely not going to include a cramdown provision allowing bankruptcy judges to change mortgage terms. This will give mortgage writers the confidence that the terms of the mortgage can be upheld...

In an interesting move, foreclosures have been blocked from occurring in the whole state of South Carolina for loans from certain companies. The State Supreme Court has ruled that until the 75 billion dollar federal housing bill has been enacted homeowners should not be evicted and foreclosed upo...

I am from the government and am here to help. Words that should make any American shudder. And the housing market may be wondering why we got sucked into another black hole of foreclosures and bankruptcies after the massive infusion of FHA loans into the economy. 1 in 8 Federal Housing Administra...

When you look back at this period of real estate history in the United States you will have to wonder how we kept our sanity. The picture of the stockbroker jumping out of the window is the image from the Great Depression. What will be the image of the Real Estate agent who went through the housi...

Scott Wall | StoneHouse Realty Inc. | scott@ask2agents.com | 571-238-8176 14637 Seasons Drive, Centreville, VA REDUCED - $100,000 BELOW ASSESSMENT 3BR/3.5BA Townhouse offered at $299,900 Year Built 1994 Sq Footage 1,600 Bedrooms 3 Bathrooms 3 full, 1 partial Floors 4 Parking 1 Car garage Lot Siz...

Scott Wall | StoneHouse Realty Inc. | scott@ask2agents.com | 571-238-8176 14637 Seasons Drive, Centreville, VA Largest Available in Bryarton 3BR/3.5BA Townhouse offered at $359,900 Year Built 1994 Sq Footage 1,600 Bedrooms 3 Bathrooms 3 full, 1 partial Floors 4 Parking 1 Car garage Lot Size 1,63...

New Realtor stats shows the credit crunch spreading pain nationwide. My trusty spreadsheet tells me only 11 of 152 towns tracked in the fourth quarter by the National Association of Realtors had price gains for sales on single-family residences vs. the third quarter. That's when shaky global fina...

Bureau of Labor Statistics' year-end data shows that the cost of living in a home, or housing inflation, rose at a slower pace both regionally and nationally last year. Housing inflation, which accounts for 46% of the Consumer Price Index math, includes home-operating costs from rent to energy to...

Here's what investment advisor Clyde Kendzierski wrote in his 70% Solution newsletter ...It will be several years before the current housing surplus is absorbed. Although nominal home prices will eventually bottom, inflation is likely to outpace home prices for decades to come. The idea that a ho...

New federal counts of big layoffs in the fourth quarter at real estate-related businesses were 45% of all such U.S. dismissals vs. 34% in the third quarter and 39% a year ago.My analysis of Bureau of Labor Statistics data shows bosses in construction, real estate sales and leasing, financing (mai...