Are we at the bottom yet?

By James Wedgeworth on December 23rd, 2009

Of course nobody knows for sure if we’ve been through the worst yet but there are some interesting statistics that I recently heard.  I was on a webinar the other night where one of the top foreclosure experts was going over some statistics.  She had actually been monitoring sales in the 4 worst markets in [...]


Mortgage Delinquencies hit record

By James Wedgeworth on November 30th, 2009

I was reading that more than 14% of US homeowners with mortgages were either behind in their payments or they were in foreclosure at the end of September – a record high for the 9th quarter in a row.  Wow – 14% – one out of every 6.5 homeowners are having trouble making their payments. 
Some [...]


Chasing the market down

By James Wedgeworth on October 8th, 2009

I was showing property yesterday to a prospect who is going to buy a house soon.  The house they liked the most has been on the market for two years.  They thought it was a great house and I do too.  They then asked, “why has this house been on the market for two years?”
I [...]


Airlines rethink First Class

By James Wedgeworth on September 29th, 2009

I was flying back to Hilton Head from New York City last Tuesday.
I noticed an article in The New York Times about Airlines rethinking First Class. 
The article went on to say that there had been a 20% drop in the number of First Class and Business Class passengers. 
It also said that most airlines were thinking [...]



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