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Now is the Time to Turn Hope into Action

Wednesday, November 5th, 2008

The election is over, the terrible month of October and the financial crisis is behind us and in an historic election, the nation has elected a new president on, as much as anything else, the promise of hope. No matter your party affiliation, it is an undeniable truth that hope alone can be a great [...]

Disgruntled Competitor or Just What Happens When a Car Meets a Yard Sign?

Thursday, October 23rd, 2008

Ouch! I got a call from a seller last night saying that my sign was destroyed by a car. So, I hopped in my car today with a new post and new sign and headed out to survey the damage. Destroyed was an understatement! Matchsticks was more like what was left of the post which [...]

Sarasota Association of Realtors (SAR) - Slaps One of its Own

Sunday, October 19th, 2008

This issue isn’t new to many REALTORS across the country, but, there is a certainly has become increasingly important as the internet continues to be the marketing venue of choice for now and the foreseeable future for REALTORS and most other businesses. From the perspective of real estate professionals everywhere, the standard bearer of this argument should [...]

Real Estate is Local, but, to Overlook the Bigger Picture is More than Just Naive

Thursday, October 16th, 2008

The guy on the right here can’t move and impact our local market because his local market is in bad shape and he can’t sell (hey, it’s my first cartoon - give me a break!). I’m the first one to say that you need to consult a local real estate agent if you want to [...]

Dems Say This is Caused by The Republicans “Free Market” and Lack of Regulation

Tuesday, September 30th, 2008

The Record Indicates that Barney Frank and the Democrats Stopped the Needed Regulation Republicans Asked for. Who’s Telling the Truth?
Easy. Watch this video from 2004 and you will see quite clearly that this was warned about and could have been fixed. Don’t check your local newspaper for this because they are in the tank. Spend [...]

Bailout Dies in the House! Now Maybe They Will Put Something Together That Won’t be So Disastrous

Monday, September 29th, 2008

Now maybe they will actually put together a plan that will work by insuring the loans instead of buying them and hopefully they can dump Sarbanes-Oxley. Oh, and maybe reduce the capital gains tax. More on this later…

An Easier Fix? Insure Subprime the Way the Government Insures FHA

Wednesday, September 24th, 2008

One of the biggest pieces of this crisis is due to the fact that there is simply no market for the mortgage backed securities at this point. Backing the subprime loans in the same way that the federal government backs FHA loans would immediately make the subprime loans marketable again and would cost far less [...]

Do You Care to Know Who’s to Blame for the Current Mortgage and Finanacial Crisis?

Monday, September 22nd, 2008

I read the article by Kevin Hassett, but, Greg Swann beat me to the punch posting about it. Here are a couple of key excerpts you might want to focus on:
If that bill had become law, then the world today would be different. In 2005, 2006 and 2007, a blizzard of terrible mortgage paper fluttered out [...]

Excellent Insight into Home Values and Foreclosures

Tuesday, September 16th, 2008

If you have never heard of the National Bureau of Economic Research, you should have a look every once in a while. This is far and away one of the very best economic resources that I have ever found. I ran across this article earlier today. The article is located here.

The Link Between Foreclosures and [...]

North Atlanta Real Estate Market Update By Zip Code

Wednesday, September 10th, 2008

North Atlanta generally has a higher average sales price and is often considered the most desirable area in Metro Atlanta (include me with that opinion as well). However, even the most popular areas have been hit by the downturn in the market. The data in the chart below comes directly from the FMLS and includes [...]

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