Why HELOC Resets Will Undermine Any Housing Recovery

by Keith Jurow, Capital Preservation Real Estate Report, (Posted originally at Advisor Perspectives 16 December 2013) For three years, I have been writing about the looming home equity line of credit (HELOC) disaster. The media pundits paid little attention. Then a Reuter’s article about HELOCs resetting to fully amortizing loans appeared last month. Finally some …

Long Island: Housing Disaster Awaits

by Guest Author Keith Jurow, Minyanville Editor’s Note: The following is an excerpt from Keith Jurow’s just-released Long Island Housing Market Report. For the complete, in-depth analysis and report, download it here. The two counties of Nassau and Suffolk on Long Island comprise the largest suburban housing markets around New York City. Like the housing …