Mobile Mortgage News

Patrick of Patrick.net Interview on the Housing Crisis

posted 243 weeks ago on Blown Mortgage

In this edition of the Blownmortgage.com interview series we speak with Patrick, the founder of Patrick.net. Patrick.net is one of the original housing web sites that decided to stop listening to the spin-doctors in the NAR and started looking for truth in the over-valued housing market of San Francisco. The site took off and now receives thousands of visits a day by people looking for news on the housing and mortgage market outside of the mainstream media. In this interview we discuss the humble beginnings of Patrick.net as well as where housing prices are going, why you can't trust the NAR, and what impact fraud will have when combined with the upcoming wave of ARM resets. We also talk about Patrick's unique real estate dating service - a novel approach to the idea of finding a home.
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