Home Resales Rose American home resales rose in September more than forecasted- according to NAR, purchases of existing homes jumped 5.5 percent last month to a...
Alan Greenspan says “my bad, dawg” and admits flawed assumptions on deregulation. US Home Foreclosures up 71%. Seriously. Wall Street believes tougher times are ahead. Or...
As True Today as 30 Years Ago It is a crisis of confidence. It is a crisis that strikes at the very heart and soul and...
It’s Like Clockwork (but without the batteries) The Clock Without Batteries I have a charming tabletop clock. I bought it because I thought it would look...
US Atty Gen Launching Investigations According to MSNBC, a massive investigation will soon be launched by the US Attorney General’s office of banks and subprime lenders...
It’s a Mixed Bag Lawrence Yun, the National Association of Realtors Chief Economist says, “Tightening credit market and pessimistic buyer psychology are the two key factors...
A Very Tough Day… …says Redfin’s Glenn Kelman Today Redfin laid off roughly 20% of our employees. Unlike other startups, our industry’s recession started a year...
Fear Starts Out Simple The emotion of fear is a gradient scale that starts at simple, garden variety “worry”, at the lowest level and goes up...
Image Courtesy of creativecommons.org I’m in the Airport Tomorrow is the meeting of the Professional Standards Interpretations and Procedures subcommittee in Chicago. I arrived at Philadelphia...
Nothing in life is constant except change. And the need for housing. Go help someone fill that need for their family.
Lock and load guys. If you’re in the market for a home purchase and are going back and forth with various brokers on rates and such,...
-Consumer Confidence at its lowest point in years at 57.2 -Oil drops $2 a barrel to below $130 -How bad do we have it- really… Ever...
My belief is this - properties that are closer to urban cores - roughly defined as having a coffee shop/grocery store/park/gathering place - will appreciate at...
Gas got your tounge? In these times when everything from apples to zucchini is going up, and you need a small loan to fill up the...
No Pandering, Promises or Pretense… (Caution: I simply couldn’t make this a short post) (Other Caution: I am not remotely an economist and my perceptions are...
Just some quick thoughts on how consumers are seeing the state of things… Oil What excuse do you have this week to raise oil prices Increases...
I just read that 1 Out of 9 Jobs in Colorado are tied to Real Estate. The Colorado Association of Realtors® released a report in October...
Here’s the gist: “MY point is this: I don’t know where the bottom is on subprime. I don’t know how bad the problems are at Bear....
From wikipedia: The self-fulfilling prophecy is, in the beginning, a false definition of the situation evoking a new behavior which makes the original false conception come...
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