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Billions of dollars overseen by the Federal Housing Finance Agency of the United States

"The Federal Housing Finance Agency failed to adequately oversee billions of dollars’ worth of settlements between mortgage giants Fannie Mae and Freddie Mac and Bank of America, a government watchdog said.

mortgage1 - Overseen Billions of Dollars from Freddie and Fannie mortgage settlements

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With the housing sector in turmoil it is time to reconsider home ownership and new development

Well-thought article written by Wayne Hemingway in The Guardian. One thing is clear after reading him: Real Estate needs re-estructure. Realtors will have to change the way they view the market, thus the way they sell its properties.

It's no business anymore. It's something more social. It's a service.

Wayne Hemingway - It Takes People to Build Decent Housing and Successful Communities

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Our suggestion today: warm colors everywhere in your home

We have selected homes with warm designs. Get cosy...

color - Interior Design Today: Color in your Rooms

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New mortgages at lowest level in 8 years

Reuters publishes an interesting article on the Spanish Housing market today:

"The slump in Spain's property market showed no sign of improving in July as mortgage approvals fell to their lowest in at least eight years, though the beleaguered economy saw some respite from a solid tourist season, official data showed on Thursday.

mortgage - Spain Housing Slump Shows No Sign of Abating, Tourism Rises

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Beautiful lamps to decorate your new house in Spain

Lighting. You can't possibly call your house a house until you have lighted it up correctly. Here's a few ideas we have rescued from our tumblr world.

Sit back and enjoy the view, Does it fit in your house?

lamp 1 - Light Your Fire

Perfect in the corner of your livingroom, don't you think so? ...continue reading "Light Your Fire"