Double Dip

Case-Shiller Says Double Dip Is Here, D.C. Only Market Showing Improvement: Dallas Down 2.5% From First Time Home Credit Daze

By Candy Evans | June 1, 2011 |

If you bought your home in 2002, on average spread across the U.S., your home has not gained a wink of value from that price nine years ago. That’s the latest from those good folks who bring us the Standard & Poor’s/Case-Shiller index and have now confirmed the Double Dip is documented. Hmmm. High drama:…

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$27 Million Per Household: Top 100th of 1% of Rich Americans Means More Big Real Estate Deals

By Candy Evans | May 19, 2011 | Comments Off on $27 Million Per Household: Top 100th of 1% of Rich Americans Means More Big Real Estate Deals

More proof that the rich are getting richer, and the American middle class is diminishing: according to Mother Jones Magazine, the top 100th of 1% of the wealthiest Americans, now make an average of $27 million per household. The average income for the bottom 90% of the US population is $31,244. The median net worth…

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Jenna and Barbara Bush Charm Dallas Hometown at Nexus Luncheon

By Candy Evans | May 13, 2011 |

I got a chance to chat with Jenna and Barbara Bush at Thursday’s Nexus luncheon, where I asked Jenna how the sale of the town home is going. Seems the national housing market’s double dip dip dip is affecting the former First Daughter as well. “We just reduced it,” she told me. The Baltimore townhome…

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Dallas Real Estate Financing: What Are We Going To Do About Mortgages for the Self-Employed?

By Candy Evans | April 28, 2011 |

Update to the mortgage story. As I said earlier, mortgage broker Ron Schulz told me over the weekend that the biggest hurdle in mortgage financing now is finding mortgage loans for the self-employed. Those deals are near impossible because most self-employed work off K-1 income to control/limit taxes so when they go to get a…

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