ARCHIVED BLOG POSTS
2008
13
Comments
I had to run and get my glasses to make sure the headline said, what I thought it said. CNNMoney.com 5/29/08 "Economy grows faster than first believed" The first quarter growth rate was adjusted up from .6% to .9%. Okay so you don't think that this is a big deal. Well consider this; Since the ec...
05/29/2008
8
Comments
I'm 55 years old and I have never received a single phone call from anyone doing a consumer confidence survey. It has to be because I'm an optimist. That's a rule; Those conducting the Consumer Confidence Survey are not allowed to call anyone recognized as an Optimist. How could they know you may...
05/27/2008
9
Comments
Just give it time and the market will cure itself. Things are really COOKIN in Cape Coral. The Bus Driver says, "the bottoms gone!" and many agree. Rainer Scott Slocum, Florida Future Realty, tells me that lenders with foreclosures appear anxious to move those properties. That's a great sign. His...
05/24/2008
12
Comments
It's not just the more restrictive guidelienes, it's the excessive paperwork and the underwriting. It use to be that you would get an AUS (automated underwriting system) approval upfront and away you'd go. You'd address the findings and the conditions, package the loan, and ship it off to the und...
05/13/2008
4
Comments
From Websters;benefit anything contributing to improvement.Once again this morning as I attempted to access some financial info, to see where interests are heading,one of my favorite sources CNNMoney.com leads with the following;Bernanke: foreclosure woes require action, price declines have beco...
05/06/2008
8
Comments
I can't ever remember being in a market that has the characteristics that exist currently in southwest Florida. There are some things going on here that make it so, if you're not physically here you cannot truly understand our market.In order to truly understand the market here you have to be liv...
05/03/2008
Rainmaker
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289,659
Jay Beckingham
Seniors ROCK!