The Week Ahead…What Homes Sales and Durable Goods mean to you! Real Estate Reality Radio…Featuring Joe Willse of New Your Life The Week Ahead…What CPI and Housing Market Index mean to you! Real Estate Reality Radio…Featuring Lauren and James Cronmiller discussing how to pick the right Agent The Week Ahead… What Producer Price Index, Consumer Sentiment, and Import Prices Mean to You! Real Estate Reality Radio…Featuring another hour with Brian Meara The Week Ahead…What Factory Orders, Productivity, Costs and the Employment Situation Means to you! Real Estate Reality Radio…Featuring Brian Meara the Short Sale Stallion The Week ahead…What the FOMC meeting, Pending home sales, and GDP mean to you! Real Estate Reality Radio Featuring Alison Tulio from Midatlantic Tax Solutions The Week Ahead…What Retail Sales, Leading Indicators,Housing Starts Mean to You! Real Estate Reality Radio Featuring Richard Hoback Reverse Mortgage Specialist
The Week Ahead…What Homes Sales and Durable Goods mean to you! Sunday, 20 May 2012 Market Focus: This week, we get more news on housing, with existing home sales on Tuesday and new home sales this Wednesday. Also out Thursday are the latest numbers on durable-goods orders, as well as the weekly jobless claims. This week, the primary focus will again be on the Europe. While I don’t expect anything [...]
Real Estate Reality Radio…Featuring Joe Willse of New Your Life Thursday, 17 May 2012 Hello, and welcome to Real Estate Reality Radio. The most important hour of radio every Friday from 9 to 10 on WBCB 1490 am. Thank you for joining Vince and me. For those of you who are not familiar with the show I am the guy with a bow tie and a bit of an [...]
The Week Ahead…What CPI and Housing Market Index mean to you! Sunday, 13 May 2012 Market Focus: Volatility should be this week’s mantra. JP Morgan Chase, Greece and a thin calendar. All of this should make for a choppy week. Monday: No Reports Tuesday: CPI: The Consumer Price Index is a measure of the average price level of a fixed basket of goods and services purchased by consumers. Monthly changes [...]
Real Estate Reality Radio…Featuring Lauren and James Cronmiller discussing how to pick the right Agent Friday, 11 May 2012   Hello, and welcome to Real Estate Reality Radio. The most important hour of radio every Friday from 9 to 10 on WBCB 1490 am. Thank you for joining Vince and me. For those of you who are not familiar with the show I am the guy with a bow tie and a bit of [...]
The Week Ahead… What Producer Price Index, Consumer Sentiment, and Import Prices Mean to You! Sunday, 6 May 2012 Market Focus: Europe, Producer Price Index, Consumer Sentiment and lots of Fed Speak. Elections in France and Greece should hold the edge with a thin economic calendar. Monday: Consumer Credit: The dollar value of consumer installment credit outstanding. Changes in consumer credit indicate the state of consumer finances and portend future spending patterns. The consensus [...]
Real Estate Reality Radio…Featuring another hour with Brian Meara Friday, 4 May 2012 Hello, and welcome to Real Estate Reality Radio. The most important hour of radio every Friday from 9 to 10 on WBCB 1490 am. Thank you for joining Vince and me. For those of you who are not familiar with the show I am the guy with a bow tie and a bit of an [...]
The Week Ahead…What Factory Orders, Productivity, Costs and the Employment Situation Means to you! Sunday, 29 April 2012 Market Focus: This week’s release of a slew of economic data including the U.S. labor market coincides with the beginning of the latter half of corporate earnings. This will be keenly watched to see if they are enough to allow stocks to break above the recent trading range. Watch for any surprises. Monday: Personal Income [...]
Real Estate Reality Radio…Featuring Brian Meara the Short Sale Stallion Friday, 27 April 2012   Hello, and welcome to Real Estate Reality Radio. The most important hour of radio every Friday from 9 to 10 on WBCB 1490 am. Thank you for joining Vince and me. For those of you who are not familiar with the show I am the guy with a bow tie and a bit of [...]
The Week ahead…What the FOMC meeting, Pending home sales, and GDP mean to you! Sunday, 22 April 2012 Market Focus: Dare I say it again but Europe is center stage again as earning season hits its stride. While the growth has been steady it has also been unimpressive. This week should be a push and pull between earnings and jitters over Europe. Monday: No Reports Tuesday: The FOMC Meeting begins: The Federal Open [...]
Real Estate Reality Radio Featuring Alison Tulio from Midatlantic Tax Solutions Friday, 20 April 2012 Hello, and welcome to Real Estate Reality Radio. The most important hour of radio every Friday from 9 to 10 on WBCB 1490 am. Thank you for joining Vince and me. For those of you who are not familiar with the show I am the guy with a bow tie and a bit of an [...]
The Week Ahead…What Retail Sales, Leading Indicators,Housing Starts Mean to You! Sunday, 15 April 2012 Market Focus: While last week was a rollercoaster ride of sorts you may want buckle up for this week. Three housing reports and earnings season at full force. Let’s not lose sight of Europe. Monday: Retail Sales: Retail sales measure the total receipts at stores that sell durable and nondurable goods. Consumer spending accounts for [...]
Real Estate Reality Radio Featuring Richard Hoback Reverse Mortgage Specialist Friday, 13 April 2012 Hello, and welcome to Real Estate Reality Radio. The most important hour of radio every Friday from 9 to 10 on WBCB 1490 am. Thank you for joining Vince and me. For those of you who are not familiar with the show I am the guy with a bow tie and a bit of an [...]

How to Right Side Up if you are Upside Down!

This past weekend I spent time with some very special people from Right Side Up. The list of members included Congressman Mike Fitzpatrick and two of his “constituent advocates”, two counselors from Bucks County Housing, the “credit doctor” from United One Resources, and out team coach Kathy Gentner from Keller Williams.

I mentioned all of the participants because in particular the members from Bucks County Housing and Congressman Fitzpatrick’s office spent their personal time helping promote our effort to assist homeowners.  A special thank you to all of those who participated.

I am often accused of being angry in how I express my opinions about the current state of affairs in the housing world. I would like that description to be interpreted as “passionate”. As I live and work in a community of people I am increasingly passionate about how we all exist. I am a product of the 60’s and I believe we all need each other as we slide down the banister of life picking up little splinters along the trip.

The afternoon events were an open discussion as to how to help people who are “upside down” in their homes. This term is in the news almost every week. There are places to go and get help. The group mentioned above, Right Side Up is a group of community conscious likeminded people trying to provide the homeowner with a resource center.

That being said, there are solutions to the problem that we all are currently facing. I seriously mean “all”. As members of the communities we all live in real estate plays a huge roll. We all need a place to live. If you own a home or rent a home we need the values to stop falling. To do that we need to stop the foreclosures. A simple case of supply and demand but on steroids. Foreclosures breed more foreclosures. This is no longer a matter that we can blame on “irresponsible” borrowers as the banks have sold us on. The banks need to step up. Remember us we propped you up with our tax dollars at the beginning of this “crisis.”

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Peter Buchsbaum I Pennsylvania Mortgage Banker I NMLS #133257