Tag Archives: economy

Tom Foolery, Pogo And A Market Update

Yes, you read the headline correctly, Tom Foolery.  I really don’t know how else to describe what just transpired in Washington.  I read an LA Times article that said, “We have met the enemy and he is us;” a reference … Continue reading

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Confidence, Real Estate And Our Way Of Life

The real estate market is changing again.  Of course it’s never static.  Even when it was in free fall, it was moving, just in the wrong direction.  After what has been an unprecedented run since the first of the year … Continue reading

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The Good Old Days

Last night I put on the original Great Gatsby with Robert Redford.  It’s not a particularly good movie really.  I guess it’s just a story that doesn’t translate from the page to the screen.  What struck me however, was this … Continue reading

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The World Is Flat! Thank Goodness… Kinda

There were several interesting items of note it this morning’s paper some good, some not so good.  First and foremost is that it was reported that Southern California prices were flat for the second consecutive month.  Whew!  For a minute … Continue reading

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June 2013: Perception Is 9/10’s Of The Law

Great news for property owners: Case-Shiller, S & P’s housing index, shows home values are up across the nation.  Prices in some areas like Los Angeles Metro, are up for the 15th consecutive month and up over 20% from the … Continue reading

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A Case For Keeping Fannie And Freddie

The President came out two days ago in support of the conservative agenda to do away with Fannie Mae and Freddie Mac.  But there is something that I just don’t understand about the push by the President and Congressional conservatives, … Continue reading

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Some Thoughts On Bernanke, Interest Rates And The State Of The Market

Today, the National Association of Realtors’ pending homes sales data, representing June’s homes entering contract, showed a decline of .04%.  Analysts expected a smaller decline of .01%.  The Decline is being blamed on a combination of low inventory (can’t go … Continue reading

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It’s Good To Be Right, But This Time Let’s Hope I’m Not

Yesterday I was asked by the real estate company I work for to participate in a panel and speak on a couple subjects.  The first topic was on how to successfully create a business based listings and the second, on … Continue reading

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Thoughts On Interest Rates And Housing

Mortgage rates have risen 1.10% since May and while 1% may not sound like much, it represents an increase of 67% and that does sound like a lot.  Effectively rising interest rates means a home buyer can afford less and … Continue reading

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Personal Debt, Student Loans and Real Estate

UCLA’s Anderson School of Economics reported yesterday that the economy is not growing and in fact, that it is “not even normal… it’s bad.”  Not exactly the warm and fuzzy one might expect given the overwhelming indications from Wall Street … Continue reading

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