Local News

Accountability and Concensus

     Two Minute Warning’s weekly program featured its second in a series dedicated to voting. The program was initiated some time ago to address the concerns surrounding the lack of enthusiasm by many toward voting. Local and state elections may find less than ten percent voting. The major question is why? The game has changed, but the conversation must continue. We are aware of the myriad  voter suppression laws being enacted nationwide. This isn’t new.   It happened many times before. Time is critical for constructive action. […]

Business

FORECLOSURES AND INTEREST RATES

       Moratoriums on foreclosures have been lifted. Interest rates are rising. What does that mean for buyers, especially first-time home buyers? Available, affordable homes are scarce. If the first-time home buyer, or moderate income home buyer can find a suitable home, it may be very challenging to purchase. they find it more difficult to qualify or compete with investors who are creating bidding wars. Investors are offering more than the asking prices. I have seen $10,000. To $20,000 above asking price being offered. Investors are purchasing sight unseen, without appraisals, nor inspections. They are asking for thirty day, quick closing. For some reason, this is very prevalent in minority communities. Strange fruit. What can we do? […]