economy: Poll Shows That Most People Think Now is a Good Time to Buy a House - 03/29/08 11:25 AM
The Beazer Homes poll shows that 77% of the people in the US think that now is a good time to buy a house.  This polled group was 1,006 adults nationwide between the ages of 25 to 72 with minimum household incomes of $40,000.  77 percent of respondents said that with good credit and a down … (2 comments)

economy: How Did The FED Assist in the JP Morgan Chase purchase of Bear Stearns? - 03/19/08 01:54 AM
The federal government's assistance in JPMorgan Chase purchase of Bear Stearns raises questions.  Is this a taxpayer funded bailout of an investment bank?  This was a $236.2 million acquisition, negotiated with help from the Federal Reserve and Treasury Department.   What is the government contributing?  To protect JPMorgan from the risks on … (0 comments)

economy: Top Bond Trader at PIMCO wants Steps about Housing Economy Situation - 03/18/08 08:38 PM
Bill Gross, bond trader at PIMCO, Newport Beach, was criticized last year for arguing that direct government aid for troubled homeowners was a good fix for the housing-driven economic crisis.  Gross said again on March 17, 2008, that the recent rescue attempts by the FED to address liquidity as opposed to home prices is wrong and that two steps need … (0 comments)

economy: Let's Keep the CA tax man Away from the Internet - 03/18/08 10:59 AM
Our CA state legislators should not pass any bill for tax on the internet or digital goods received through the internet.  Assemblyman Charles Calderon, a Democrat from Montebello, has introduced a bill to transform something the state has regarded as nontaxable into something the state would consider taxable. Digital products, such as downloaded music, software, videos, books and similar … (0 comments)

economy: Remember the Kelo U.S. Supreme Court decision about Eminent Domain? - 03/18/08 01:27 AM
Kelo v. City of New London, 545 U.S. 469 (2005), was a case decided by the U.S. Supreme Court involving the  use of eminent domain to transfer land from one private owner to another to further economic development. The case arose from the condemnation by New London, Connecticut, of privately owned real property so that … (0 comments)

economy: What will the FED do to get the Economy going? - 03/18/08 12:19 AM
Will cheaper money by the FED or flooding the market with cash get people to take risks?  Would that help the stock market?  Would that help get people loans?  Mortgages?  Will the FED cut rates again this week?  What will result from the U.S. new Economy Stimulas Package  of $200 billion be?  [see www.ExploreRealEstate.net]
(0 comments)

economy: Economic Basis of California Remains Strong - 03/15/08 07:50 PM
The economic basis of California remains strong. The population during 2008 will grow by more than 400,000 persons. In this decade, we will probably add 5 million persons to the population.  These new persons will eat, drink, buy clothing, motor vehicles, and have need for housing.  California needs 240,000 new housing units each year … (0 comments)

 
Real Estate Agent: Harrison K. Long - Realtor, Broker & Lawyer (Explore Group, Coldwell Banker Previews)
Harrison K. Long - Realtor, Broker & Lawyer
Irvine, CA
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