Jason Lucchesi's (jasonlucchesi) Blog

Webinar Tonight March 25th On Doing Short Sales at 8:00 PM, Learn How To Capitalize On The Following: Short Sales, REOs, Code Violation Properties and Real Estate Auctions - Go HERE To Register! Inmates are running the asylum at Bank of America Bank of America is starting a program to offer homeo...

Also you can follow us on Twitter by clicking Twitter.com/JasonLucchesi & add us as a friend on Facebook by clicking Facebook.com/Jason.Lucchesi Pending home sales drop 7.6% According to the National Association of Realtors (NAR), its Pending Home Sales Index, a forward-looking indicator based on...

Also you can follow us on Twitter by clicking Twitter.com/JasonLucchesi & add us as a friend on Facebook by clicking Facebook.com/Jason.Lucchesi Mortgage applications rise as interest rates fall According to the Mortgage Bankers Association (MBA), its seasonally adjusted index of mortgage applica...

Also you can follow us on Twitter by clicking Twitter.com/JasonLucchesi & add us as a friend on Facebook by clicking Facebook.com/Jason.Lucchesi Number of bank failures this year: 22 and counting Last week, regulators closed 2 banks, bringing the number of bank failures to 22 so far this year. Th...

Also you can follow us on Twitter by clicking Twitter.com/JasonLucchesi & add us as a friend on Facebook by clicking Facebook.com/Jason.Lucchesi Fannie Mae seeks $15.3 billion in bailout money Fannie Mae, the country’s largest mortgage financier, says it needs another $15.3 billion to tide over t...

Also you can follow us on Twitter by clicking Twitter.com/JasonLucchesi & add us as a friend on Facebook by clicking Facebook.com/Jason.Lucchesi Buffett predicts housing recovery in 2011 The Oracle of Omaha, in his annual letter to shareholders of Berkshire Hathaway Inc., has written, “Within a y...

Also you can follow us on Twitter by clicking Twitter.com/JasonLucchesi & add us as a friend on Facebook by clicking Facebook.com/Jason.Lucchesi Home sales drop 7.2% According to the National Association of Realtors (NAR), existing-home sales fell in January but are above year-ago levels. Economi...

Also you can follow us on Twitter by clicking Twitter.com/JasonLucchesi & add us as a friend on Facebook by clicking Facebook.com/Jason.Lucchesi Home prices falling According to Fiserv, a division of Moody's Economy.com, the average home price in the United States will fall by about 6% by Septemb...

Also you can follow us on Twitter by clicking Twitter.com/JasonLucchesi & add us as a friend on Facebook by clicking Facebook.com/Jason.Lucchesi NAR - Short sale help On April 5, 2010, the U.S. government will implement the Home Affordable Foreclosure Alternatives Program. Part of the Home Afford...

Also you can follow us on Twitter by clicking Twitter.com/JasonLucchesi & add us as a friend on Facebook by clicking Facebook.com/Jason.Lucchesi Fed raises discount rate The Federal Reserve said yesterday it is raising the rate it charges banks that borrow from the central bank when they run shor...