ARCHIVED BLOG POSTS
2011
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Newport Beach, CA - In the last three months, an estimated liquidation timeline covering the nation's backlog of distressed real estate actually increased, according to Standard & Poor's. The ratings agency now estimates it will take 44 months - up 10% percent from an estimate made just three mon...
01/03/2011
(CNN) -- New laws going into effect in the new year could have a major effect on your pocketbook and your health. Here are some highlights: Your pocketbook In December, President Obama worked out a deal with Republicans to extend the Bush-era tax cuts for two years. But to also help goose the eco...
01/03/2011
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Newport Beach, CA - The average Florida homeowner who went into foreclosure in November hadn't paid his mortgage in 10 months. The 307-day delay between the first late payment and a foreclosure referral, reported in a study released this week, was called ``flabbergasting'' by one financial expert...
01/03/2011
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Newport Beach, CA - The average Florida homeowner who went into foreclosure in November hadn't paid his mortgage in 10 months. The 307-day delay between the first late payment and a foreclosure referral, reported in a study released this week, was called ``flabbergasting'' by one financial expert...
01/03/2011
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Newport Beach, CA - LPS Applied Analytics released their November Mortgage Performance data. According to LPS: The average number of days delinquent for loans in foreclosure is a record 499 days Over 4.3 million loans are 90 days or more delinquent or in foreclosure Delinquency rates are down acr...
01/03/2011
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(CNNMoney) -- Your paycheck will either shrink by a few dollars or grow by nearly $40 per week in 2011, thanks to the tax compromise lawmakers passed earlier this month. Slated to take effect in the first few weeks of 2011, a central component of the tax package included dropping the amount indiv...
01/02/2011
There are real signs that the economic recovery will gain strength next year, but that doesn't change the fact that most Americans still won't feel it. It was around this time last year when it seemed like the U.S. economy was steering into better days. Businesses were investing more on equipment...
01/02/2011
Companies are hiring, but more often they're bringing on temporary employees to meet their labor needs. Will a rise in temps lead to more permanent hiring? With more than 15 million people in the U.S. out of work and the latest unemployment rate edging slightly higher, it's hard to see how anyone...
01/02/2011
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NEW YORK (CNNMoney) -- Itemize your tax deductions? Itching for a refund? You're going to have to wait. The IRS said that it needs until mid- to late-February to reprogram its processing systems because Congress acted so late this year cleaning up the tax code. The bill, which includes deductions...
01/01/2011
The story goes that a little girl was watching her mom prepare the holiday ham. As she watched, she wondered why her mother cut off both ends of the ham before putting it in the pot, so she asked. Stumped, the mother realized that she didn't know. She replied, "I'm not sure, sweetie. I'm just doi...
01/01/2011