Real Estate Outlook: Mixed News amid Rising Initial Jobless Claims

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It was mixed news this week in the real estate market. While new housing starts were up after a month of declines, existing-home sales were down 3.8 percent from April.

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Elbert: In midst of mortgage mess, what’s a parent to say?

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Most parents at some point have a talk with teenage children that begins: "Dad (or Mom), I crashed the car." Today, many are also having a conversation with adult children that begins: "Mom (or Dad), my house is underwater," and they're not talking about a flood.

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Motivational Saying of the Day: If you limit your choices only to what seems possible or reasonable, you disconnect yourself from what you truly want, and all that is left is a compromise. By: Robert Fritz