Believe it or not, in Maryland the news is mixed, when it comes to foreclosures. It is not all negative. So how bad is residential real estate in Maryland? As reported today in the Baltimore Business Journal, RealtyTrac, Inc.

One of every 774 households in
Maryland was in foreclosure in October, according to an industry report […]

The Pew Charitable Trust has just released a comprehensive 54 page report entitled: 

So what are buyers to do? Today is yet another day, another piece of evidence that waiting for mortgage rates to fall is a flawed financial strategy, as suggested in a piece from the Mortgage Reporter. Perhaps this review will help stimulate more mortgage activity.
Here is what is truly going on. Let us take […]

We know we got ourselves into deep financial trouble, but how?
Turns out the crux of it seems to have stemmed from something called a Mortgage Backed Security (MBS). But what exactly are MBS??
Check out these very interesting videos, to explain it all. They are so interesting and simple, even a child can understand these explanations. Click here […]

The House of Representatives on Monday, September 29, 2008 @ 2pm est., defeated a $700 billion emergency rescue package. As a result, stocks plummeted on Wall Street even before the 228-205 vote to reject the bill was announced on the House floor.
————————————————–
Leaders in the U.S. Congress have agreed, as of Sunday September 28, 2008 —  to the details […]

Read Treasury Secretary Henry Paulson’s statement, unedited …addressing the root cause of the credit crisis.

September 19, 2008: 10:24 AM EDT
WASHINGTON — Statement by Treasury Secretary Henry M. Paulson.
Last night, Federal Reserve Chairman Ben Bernanke, SEC Chairman Chris Cox and I had a lengthy and productive working session with Congressional leaders. We began a substantive discussion on […]

Gerald Baker of the TimesOnline puts a very interesting spin on the recent financial events, which have dominoed. In Bakers article, Crisis may prove cathartic in the long run, but the worst is not over, he states that: 
Yesterday a couple of the world’s most famous financial institutions sank without a  trace, one of the world’s […]

The recent government takeover of Fannie Mae and Freddie Mac has dominated the news recently.
Everyone has their opinions as to how the real estate and mortgage industries will be affected. Phoenix area real estate broker/blogger posted an excellent compendium of links to the opinions about the Fannie/Freddie situation across the blogosphere.
There is certainly […]

SeekingAlpha just posted a very intriguing opinion piece by John Preston entitled, The Reality of Real Estate and the Economy.

Is this the problem? the solution?

According to many, the thesis (and problem) is simple: Housing health and the economy are linked arm-in-arm.  

Preston traces  this theory back to Robert Shiller, of Case-Shiller Home Price Index fame, who reflects back on a 2004 […]

Could things get worse? Well, according to a piece by Les Christie of CNNMoney.com, the answer may be yes.
Turns out, prime mortgages are starting to default at disturbingly high rates - a development that threatens to slow any potential housing recovery.
Here is yet another strong and very expert view who says — you bet: […]