Economic News
The more things change, the more they stay the same- Alphonse Karr I’ve been writing and/or speaking about the need for major mortgage reform...
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The more things change, the more they stay the same- Alphonse Karr I’ve been writing and/or speaking about the need for major mortgage reform...
True or False: In the above video, a simplified version of the economic crash is portrayed but is it accurate? I’m not a Realtor,...
Real Estate: An Industry that Needs to Succeed Many times the real estate industry gets blamed for a towns’ problems. Even recently in our...
T-Minus 37 Hours and Counting Within the next 37 hours or so, we’ll know who the next President of the United States is going...
Crazy Times Remind Me of… There’s a common and disturbing thread behind these volatile economic times and its akin to inside investing. A little...
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...
Alan Greenspan says “my bad, dawg” and admits flawed assumptions on deregulation. US Home Foreclosures up 71%. Seriously. Wall Street believes tougher times are...
As True Today as 30 Years Ago It is a crisis of confidence. It is a crisis that strikes at the very heart 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...
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...
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...
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...
Fear Starts Out Simple The emotion of fear is a gradient scale that starts at simple, garden variety “worry”, at the lowest level and...
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...
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...
-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-...
My belief is this - properties that are closer to urban cores - roughly defined as having a coffee shop/grocery store/park/gathering place - will...
Gas got your tounge? In these times when everything from apples to zucchini is going up, and you need a small loan to fill...
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...
Just some quick thoughts on how consumers are seeing the state of things… Oil What excuse do you have this week to raise oil...
I just read that 1 Out of 9 Jobs in Colorado are tied to Real Estate. The Colorado Association of Realtors® released a report...
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...
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...