Monthly Archives: November 2010

The 3 Most Impotant Words In Real Estate

I promised some weeks back that I would comment on this age-old adage.  So what are the 3 most important words in real estate?  Answer? …Obvious right? – Location, location, location.  So why waste a moment blogging about it?  Well … Continue reading

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Pending Home Sales Numbers Interpreted

The number I like to watch most closely is the Pending Home sales as reported by the National Association of Realtors (NAR).  This number reflects the homes that have entered contract, rather than those that have closed.  This significant difference … Continue reading

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Jobs, Inflation, Cheap Money and Notes From The Trenches

As I wait for the all important Pending Homes sales number from the National Association of Realtors today, the Jobs report has just come out.  The job creation numbers today point to a modest and continuing recovery.  Inflation remains around … Continue reading

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QE2 Sets Sail, But Many Are Left On The Dock

The Federal Reserve announced yesterday a $600 Billion infusion of capital into the economy.  The intention is to keep interest rates low to stimulate borrowing and spending.  However, the freer money supply doesn’t address the need for freer lending standards.  … Continue reading

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Buying Contingent In California: A Case Study

In light of the overwhelming election results, and while we wait for QE2, I thought today rather than interpret, analyze and hypothesize about what will happen next, I’d instead talk about selling houses. A buyer of mine purchases a home … Continue reading

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A Week To Watch

There are two big things happening this week.  The election, which looks to bring us back to a divided government and the Fed’s Quantitative Easing II.  The election will have no immediate impact on housing,  but does potentially play into … Continue reading

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Under Water Means Under Utilized

You have probably heard by now that the consumer has not been participating the way Wall Street or the government would like in the nation’s economic recovery.  Most average Americans remain belt tightened, worried about their jobs, fighting ever increasing … Continue reading

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