Matthew Ernsdorf's (madmatt) Blog

With the end of a year marked by weakening housing markets drawing to a close, the question on many industry professionals' minds is "When will this market hit bottom and when will it start to recover?" The housing market has always been cyclical, with varying elevation in the peaks and valleys. ...

The subprime workout will be a blessing to any family whose home is saved. However, as an economy-wide reality, benefits from the workout will be undetectable. This episode will defy workout efforts for several reasons: 1. The primary cause of foreclosure is zero or negative equity and this is th...

The subprime workout will be a blessing to any family whose home is saved. However, as an economy-wide reality, benefits from the workout will be undetectable. This episode will defy workout efforts for several reasons: 1. The primary cause of foreclosure is zero or negative equity and this is th...

Will this plan to freeze interest rates for a segment of homeowners who face the prospect of foreclosure stop the cycle of homes going into foreclosure, which can drive up inventory and drive down local home prices, potentially fueling more foreclosures? A rate freeze has pitfalls, too. Freezing ...

Will this plan to freeze interest rates for a segment of homeowners who face the prospect of foreclosure stop the cycle of homes going into foreclosure, which can drive up inventory and drive down local home prices, potentially fueling more foreclosures? A rate freeze has pitfalls, too. Freezing ...

A home's curb appeal is at the top of most profitable remodeling projects, according to a report out this week that details remodeling costs versus value. Every penny counts for homeowners and home sellers in a slumping housing market and those looking to remodel will consider the return on value...

A home's curb appeal is at the top of most profitable remodeling projects, according to a report out this week that details remodeling costs versus value. Every penny counts for homeowners and home sellers in a slumping housing market and those looking to remodel will consider the return on value...

Declining home prices have put many borrowers in a position where their home is worth less than they owe on their mortgage. When borrowers with ARM loans see their monthly payments increase when low, initial "teaser" rates expire, many have little incentive to continue making payments and end up ...

Declining home prices have put many borrowers in a position where their home is worth less than they owe on their mortgage. When borrowers with ARM loans see their monthly payments increase when low, initial "teaser" rates expire, many have little incentive to continue making payments and end up ...

Are we going to let the negativity in the media continue to create irrational fears in our clients? Or are we going to fight back and tell the truth about all the good things that are happening in today's real estate market? There are more than 1 million Realtors in the United States and approxim...