Tag Archives: economy

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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Lions and Tiger and Bears, Oh My!

Fed chairman Bernanke’s assessment yesterday for continued slow growth was not what the doctor ordered.  Clearly the economy is getting better, but at a projected 3% growth, not nearly fast enough to help the millions of un- and under employed.  … Continue reading

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Looking For and Finding The Silver Lining

“I sound like a broken record”, my mother used to complain when I was growing up, and  I am feeling this way myself since I must be the only one reading these economic reports in their entirety and gleaning the … Continue reading

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Freddie, Fannie, Let My People Go!

My friend Paul and I are sitting on a park bench when Paul tells me his story… “I’m upside down on my mortgage”, he says, meaning his house is worth less than what he owes on his mortgage.  “My current … Continue reading

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Swimming Up Stream

Two men and a woman have to cross a raging river.  If they try to cross, they will surely perish.  Suddenly a voice from heaven says “I will grant you each one wish”.  The first guy says, “Give me the … Continue reading

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Buy Now or Wait?

Yesterday’s pending home numbers were pretty dismal.  They indicate that buyers are not rushing into the market and that confidence is still lacking in a housing recovery.  Admittedly, I am disappointed by the over 11% drop nationally and nearly 10% … Continue reading

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More Evidence Of Housing’s Recovery

New home sales data from the Commerce Department out yesterday signaled more evidence the housing market is on the mend.  While the numbers are far from overwhelming, they none the less portend to better times ahead.  In fact it’s the … Continue reading

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Real Estate Good News Just Keeps Coming!

For those waiting for someone to say the worst is over, let me be the first to say it: “The worst is over!”.  Bold statement?  Perhaps.  Inaccurate?  Not so much. For those of you who know me or follow TheRealEstateConverstation.com, … Continue reading

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