This Crazy Mortgage Industry

The mortgage industry is all over the news these days, and for good reason. The big hit is that the days of putting just 10% down with minimal income documentation are over. In the Bay Area, the start of August shows numerous bright spots in what is traditionally a slower month for real estate sales. Many areas have seen an increase in activity as sellers have adjusted their pricing, and for qualified buyers this remains an excellent opportunity to invest in some great real estate deals. More on this as it develops...