Tag Archive | "President Obama"
President Obama’s Mortgage Relief Plan
Like many others, earlier today I watched President Obama’s mortgage relief plan delivered from Mesa, Arizona. I applaud him for the plan he laid out, but my optimism is tempered by the extraordinary challenge ahead and a concern that it may not go far enough, fast enough to turn the housing crisis around. Home ownership is [...]
Continue reading...Obama Housing Plan: Live Blogging Summary
Wednesday, February 18, 2009
President Obama just spoke before a crowd in Mesa, AZ, unveiling his $75B foreclosure crisis plan. Here’s a play-by-play of the speech: This is a “crisis unlike any we’ve ever known.” Families can’t afford to leave, but can’t afford to stay. 6 million homes in foreclosure or at risk of foreclosure across the US. Study in Chicago found that [...]
Continue reading...Do you Know Why President Obama Choose Mesa, AZ for His $75 Billion Foreclosure Prevention Plan Speech?
Wednesday, February 18, 2009
President Obama spoke this morning at Mesa’s Dobson High School. Why did he choose Mesa, AZ to announce his $75 billion Foreclosure Prevention Plan? I decided to take a look at Trulia’s stats and trends page to see what is happening in Mesa. By looking at a snapshot of Mesa’s market you can see their are close to 5,000 [...]
Continue reading...President Obama’s $75 Billion Foreclosure Plan
Wednesday, February 18, 2009
First news on MarketWatch on Obama’s plan to help halt foreclosures. There are two programs. One to help 4-5m struggling home owners with loans owned or guaranteed by Fannie Mae or Freddie Mac to help them refinance. The other is a loan modification plan with government subsidies to lenders to reduce their monthly interest payments. Lenders responsible for [...]
Continue reading...President Obama signs the housing bill into law
Tuesday, February 17, 2009
from the New York Times As expected, President Obama today signed the $787 billion American Recovery and Reinvestment Act (aka “the stimulus”) into law. Here’s a recap of how the stimulus bill became a law, and what the final plan means for home buyers. First, the Senate and the House passed their own ideal economic recovery bills. [...]
Continue reading...Stimulus bill update - $8000 tax credit
Thursday, February 12, 2009
Earlier this week the Senate approved their version of the stimulus bill, including a $15,000 tax credit for all home buyers. Following negotiations between House and Senate members combining their bills into one piece of legislation for President Obama to sign, that tax credit has now been reduced to $8,000, according to the LA Times blog. The [...]
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- Listen to Trulia’s Real Estate of the Union Industry Call
- Trulia, President Obama and the Real Estate of the Union
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Wednesday, February 18, 2009
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