Tag Archives: Economics

An Open Letter To President Obama and The CEO’s Of The Big 4 Banks

Dear Mr. President, Chairman Bernanke, Secretary Geithner, Brian Moynihan, Vikram Pundit, Jamie Dimon and John Stumpf, Want to start to fix the economy and help housing at the same time?  Refinance underwater and insufficient equity borrowers.  It’s really that simple.  … Continue reading

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What I Learned On Labor Day From My iPod

Before I sold real estate, I was a rock and roll drummer with a record deal from Clive Davis and Arista records, so my love of music runs deep.  My iTunes is filled with more than 17,000 songs ranging from … Continue reading

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Case-Shiller, Consumer Spending and Confidence: What To Make Of Too Much Data

This morning started out for me like every last Tuesday of the month… I read Case-Shiller.  Published on the last Tuesday of the month, S & P’s Case-Shiller report provides a thorough albeit backwards look into the status of the … Continue reading

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Is Real Estate’s ‘Irene’ in the Rearview Mirror or Ahead: July’s Pending Home Sale Numbers

The news wasn’t all bad… however whenever someone starts a sentence like that, you know the news isn’t very good either, so I’ll keep this brief: Pending home sales numbers as reported by the National Association of Realtors for the … Continue reading

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Where Have You Gone Bank of America?

…our nation turns its lonely eyes to you, ooo wooo woo… (with apologies to Simon and Garfunkel)… Let me begin by saying I have been a Bank of America customer since 1973, so what follows comes from the heart and … Continue reading

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Katrina, Lehman, Lincoln and Today

I was thinking back on when Katrina released her wrath on the city of New Orleans and the South.  I distinctly remember thinking, “What?  The whole city of New Orleans is under water?  How can that be?  Bodies are piling … Continue reading

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‘Glad That’s Over With, Now Let’s Get Back to Business

Wow.  What a couple of weeks.  I like most Americans, was barely able to function as our government acted more like my children that my leaders.  I haven’t blogged in a while in large part because I just couldn’t muster … Continue reading

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Buyers Are Like Employers

One of my best friends has been out of work for nearly 3 years.  He’s a controller type, book keeper maybe, for the construction industry.  He’s either over qualified because employers think he will seek greener pastures as soon as … Continue reading

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What We Can Learn From Humphrey Bogart

I was watching my favorite actor, Humphrey Bogart in The Maltese Falcon the other night and what struck me is how analogous his characters like Sam Spade, The Big Sleep’s Philip Marlowe, Key Largo’s Frank McLoud even The African Queen’s … Continue reading

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It’s About Time! Prices Rise Says Case-Shiller!

In 2006 Robert Shiller made a bold statement.  He said prices could drop 20% or more when the housing bubble burst.  At the time I thought he was a blow-hard lunatic.  The market showed no signs of slowing and demand … Continue reading

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