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confidence: The Debt Ceiling Crisis and the Real Estate Market: Do You See the Parallel? - 08/03/11 08:19 PM
For weeks, the question on nearly everyone's mind has been, “Will the U.S. Government default on its loans?” The situation created a lot of worry and a lot of fear in a lot of peoples' minds. A primary concern in our field was the impact on the already fragile real estate market. As foreclosures continue, a lot of us were left wondering whether a debt decision delay would worsen the market. Well, the House passed a $2.4 trillion debt-ceiling increase Monday night, by a vote of 269-161. That final tally highlighted deep dissatisfaction among the rank-and-file members of both parties.
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confidence: Are You Ready for the Next Bad Day Looming on the Real Estate Horizon? - 07/18/11 05:39 PM
The federal government has come up with a lot of interesting ways to rescue the housing industry. As Keeping Current Matters notes, one of those ways was to raise the maximum loan that can be sold to Fannie Mae and Freddie Mac (for FHA loans), known as the Conforming Loan Limit. This was a good thing, indeed! Increasing those loan limits offered liquidity to mortgage lenders, which in turn enabled them to lend at competitive rates across the country. As we all know, there are two principles associated with good things. First, they always come to an end. Second, they almost
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confidence: The Naked RealtorĀ® - 09/02/08 03:12 PM
Making sure you always have the tools for the job at hand. Did you ever have one of those dreams where you’re going along just fine, maybe you’re about to walk into a meeting or open the office door,when suddenly you look down and realize that you’re naked? If you’ve had the dream, you know the sinking feeling that comes along with it. What am I doing here? How could I have forgotten to get dressed? Where are my clothes? What do I do now? Fortunately, you wake up. But you know what? For a lot of real estate agents, that
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Coach Patti Kouri
Chatsworth,
CA
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