Tag Archives: Tim+Freund

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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Foreclosures Plummet! but…

Foreclosures plummeted 33% nationwide from a year ago according to Irvine based RealtyTrac.  In Ventura County that number declined 18%.  Most economists believe this reflects a slower process from the banks rather than an easing of distressed sellers.  I personally … 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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Buying Distressed Property

Data out yesterday from RealtyTrac, an online foreclosure tracking service, shows that foreclosures are on the decline rather dramatically.  They caution however that the cause is not an improving housing market but rather a slowdown do to a more cautious … Continue reading

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Making Sense of Negative Equity

This week we received great news in the employment numbers but also discouraging numbers on the housing front.  Prices were down and negative equity up.  Zillow, the online real estate valuation website, came out with numbers that had gloom and … Continue reading

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