Tag Archives: new+home+sales

Real Estate Fraud and the Broken Moral Compass

I have been selling real estate for 22 years.  When I was younger I worked for a family owned developer selling tract homes.  It was a coveted job and one that required the highest ethical standards.  It was hammered into … Continue reading

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Change Is Gonna Come

This week we celebrated Dr. Martin Luther King and with his memory as a backdrop I’m reminded of what in 1963 recording artist Sam Cooke wrote in response to the rising tide of a nation tired of racial inequality, “It’s … Continue reading

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No More Messing Around

If you are behind in your payments and you live in California, you better contact your bank and discuss your options and you need to do so quickly.  In all likelihood you’ll need to hire a Realtor to get your … 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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Case-Shiller’s Latest

As is the case on the last Tuesday of every month, the Case-Shiller Index is published with commentary by Standard and Poor’s.  For the 8th consecutive month, the index posted a decline.  “‘There is very little, if any, good news … Continue reading

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New Home Sales: A Creative Cure

For several years now, the housing industry has struggled to boost interest in new homes.  Competition from foreclosures and distressed sales coupled with an oversupply of resale homes, has led to the fewest number of newly constructed homes on record.  … Continue reading

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What Ventas Inc. Tells Us

Who?  I know that’s your first thought.  It was my first thought when I read about them last fall.  Ventas Inc. is a REIT (Real Estate Investment Trust).  Their singular focus has been the very rapid acquisition of housing for … Continue reading

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Diana Olick Get Your Stats!

Ok, so maybe I’d like to have Diana Olick’s job at CNBC and maybe I wouldn’t.  Diana, for those who don’t know, is the real estate reporter for financial news channel CNBC.  Diana’s role at CNBC has thrust her into … Continue reading

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An Economic Blaze Cometh

In U.C. Santa Barbara economic professor Mark Schneipp’s 4th quarter assessment for Ventura County, he states 2010 was an up and down year and that momentum has once again shifted for the better. He predicts that our economic momentum shall … Continue reading

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The Home Interest Tax Dedution Debate

As Congress looks at ways to boost revenues, the Sacred Cow of all write-offs, the Home Interest Tax Deduction has become vulnerable.  The argument in favor of eliminating the interest write off is that no other western nation has it … Continue reading

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