Pat Palmer's (forefrontre) Blog

Dear Santa, Please see the link below: Tax credit spurs rush of November home buyers - MarketWatch I really hope Rudolph and The Boys are rested, 'cause it looks like you have a lot more stops to make. Because there has been no viable alternative, I have been a supporter of the First Time Home Bu...

Home prices continue to rise in The Inland Empire and Southern California. If you live in Upland or Riverside, or Rancho Cucamonga (yes , there really is a place called Rancho Cucamonga) read that first sentence out loud. Recovery won't happen over night, unless it's a month's worth of Alaska win...

I got the following in my ActiveRain inbox this morning. Far be it for me to be skeptical, but the theme of Ms. Samuel's email is "interesting". I'd be interested to know if you have gotten the same. How would I report an email to ActiveRain administrators? The message I received is below: Messag...

The following good news is brought to you by The Los Angeles Times and Forefront Real Estate. Don't look now, but new home prices in Southern California, The West, and everywhere else are also unmistakably on the rise. In today's market, it's actually OK have a little optimism. I'm not suggesting...

U.S. home sales rise more than expected. Let me type that one more time, just 'cause it feels good. U.S. home sales rise more than expected. While we are far from seeing the end of the crisis at hand, we are seeing the beginning of the end. Headlines like the one from Marketwatch.com ARE importa...

I found the following article about strategic defaults in today's Los Angeles Times. It sheds some realistic light on this sector of our crisis. What I find most interesting is that there are actually less strategic defaults than most people have previously thought. In that Southern California ha...

Nostalgia is a good thing. One of the things about nostalgia is that it tends to come back around. See if you remember these gems: Homes had owners in them Cash offers were accepted...quickly Listing agents lived in the same city as their listing Asset managers were guys that handled money, not ...

As our market continues to calm, Southern California is seeing the beginning of home appreciation again. Are things all better now? Of course not. And there are those who will say it's only a temporary spike. Or others that will some how blame The First Time Buyer Tax Credit Extension for skewing...

In re-blogging Gregg's post, I did get his permission first. The reason for re-blogging is the importance of repealing HVCC. This is Andrew Cuomo's law that has stymied the ability to get accurate,cost effective appraisals. The more places this blog appears, the better. Please take the time to c...

Ladies and Gentlemen.... Professor Palmer here. Welcome to my class: Head Scratching 101; An Abbreviated History Of Short Sale Lenders. Because today is the first day of class, I'd like to get a better feel for all those in attendance by giving you a pop quiz!! So here goes. Q: If you were an exi...