The Hey to the Recovery of the SWFl Market - 09/21/07 04:05 PM
The term for today is
ABSORPTION RATE   The ratio of the number of properties in an area that have been sold against the number available. Used to show the volatility of a market.
the balance of the market will show when, health has returned
foreclosures are still at an all time high, we beat the previous high in 1991
in a way thats a good sign
the foreclosures will top
then we can start working on the inventory
the bright side is we will have lots of cheap Fl real estate to sell, LOL
people still want to be here
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The Obvious is Elusive - 09/21/07 04:01 PM
Most people new to investing ask. Where do I start? That is a great question. There a tons of people to sell you tons of products to help you with this.
Bob Hunter founding President of Dade REIA spent his time as a new investor on ISC pulling comps on the market he wanted to work in. The entire deal wins or loses on the buy. Unless you are willing to hold long term. You can not judge deals unless you have a good awareness of the market. In this market you have to be prepared to move smartly.
There is so much … (1 comments)

Mortgage Fraud, Flight Risk, No Bail - 09/21/07 09:44 AM
Here is someone that screwed locals out of thousands!!!! He has been on the run for months. They finally caught him and they denied bond. http://www.sheriffleefl.org/about/jaildetention/arrestBkDetail.aspx?id=81414&bk=498975 He has 4 children and a wife. Now he will spend the rest of his life in prison. The charges against him are insane.
Here is the story. http://www.nbc-2.com/articles/readarticle.asp?articleid=6425&z=3&p
the people scammed, were caling every investor in town when they got served with Foreclosure papers, trying to get someone to bail them out, they were upside down during the boom imagine now?
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Deflating Square Footage Fits the New Mood in Housing - 09/21/07 09:40 AM
I have wondered how family size is smaller houses are bigger, looks like its all social mood based
Deflating Square Footage Fits the New Mood in Housing Category: By: Pete Kendall, September 12, 2007 If you have a huge mortgage on a McMansion or condo that you cannot afford unless your current income maintains, sell it and move into something more reasonable. Conquer the Crash Another sign of declining social mood? I think the quote from Toll Brothers chief marketing executive may be the most telling: "It's not that people don't want or can't afford [big houses]. It's that they're afraid of … (0 comments)

SHARED THOUGHTS ON AUCTIONS - 09/21/07 09:38 AM
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AUCTIONS - 09/21/07 09:36 AM
Let's debate this To this point I am seeing a lot of people talk about them, a lot of money collected up front, very few sales Thoughts? I am finding even a winning bid at the auction does not mean a closed sale Starting to think this is more desperate people praying upon the market to get up front cash? Thoughts? I attended an auction last week in the Midwest (got outbid of everything I wanted, LOL) Entry fee for properties were $300.00. Plus a Non-refundable $200.00 sales fee that was credit back if the property sold. These guys were state … (2 comments)

Thoughts on Fed Reserve, GOVERMENT - 09/21/07 09:35 AM
If you first have the answer, then flesh out the supporting data, you can be an Economist for Governments. Should you get your facts all twisted into an outcome not supportive of the required answer, you must seek employment in some P&L-concentrated endeavor. The FFR "sets" the Prime Rate, which drives the rest of the affected arena in one or another direction. Almost EVERY downturn and upturn can be found in a couple links: Prime Rate (LONG history): http://www.wsjprimerate.us/wall_street_journal_prime_rate_history.htm FFR (shows Greenspan's first two created recessions - #3 is forming now): http://research.stlouisfed.org/fred2/series/FEDFUNDS?cid=118 After one uses overlays of almost every fiscal arena … (0 comments)

``actively working'' to avoid a repeat of the subprime-mortgage rout. - 09/21/07 09:33 AM
listened to some of this on Sirus How do elect such opportunistic morons to office My 10 year old could have formulated better questions http://www.bloomberg.com/apps/news?pid=20601087&sid=a0TQYYRZCyyY&refer=home _________________Jeff Tumbarello H. G. Wells - "Human history becomes more and more a race between education and catastrophe." … (0 comments)

Sept Numbers, Lee County, Cape Coral - 09/21/07 09:31 AM
Lis Pendens Lee County 567 records Collier 110 records Charlotte 62 records
these are cap coral sales numbers belowLets how the month ends2004 162/SF in (Sep) 2005 $207/SF in 2006 $176 $$/SF 2007 $154 $$/SF we are seeing sales below median H.V. in the cape, below $100.00, not junkers So what do we use for the beginning of the boom? 04? 02? What if we play the for the 1.00 up we go down .618 --- if we want to subscribe to jibberish If 04 is the beginning (its not) per brother Fibonacci we have already broke the bottom channel, for … (1 comments)

are you ready for tommorrow? - 09/21/07 09:28 AM
    if you email roseftyers@aol.com before 5 PM we will waive the $20.00 door fee   In this market, Education and staying motivated are the keys to doing business! We have lined up an exciting day of speakers for you.
Remember most millionaires make their money in down markets
See you there!
                                                                                  The S.W. Florida R.E.I.A. Proudly Presents...
  
                                            S.W. Florida Real Estate Expo 2007 Sponsored By  September 22nd, 2007
Continnental Breakfast from 8:00AM to 8:45 AM
Expo Begins Promptly at 9:00 AM
 Free in you preregister Just reply back to this email with RSVP in the subject Line MULTIPLE CASH GIVEAWAY'S!
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Lee County Fl, August Foreclosure Numbers, some Cape SALES NUMBERS AS WELL - 09/10/07 04:58 PM
Aug-07 1232 Filings 389 Homestead 77 Condo's 17 Duplex 1 Farm 5 Mobile Home 5 MULTI FAMILY 791 Single Family 8 Townhouse 3 VACANT COMMERCIAL PROPERTY 315 Vacant Residential 1 Warehouse 273 2 years old or more 944 1 year old or more 1197 6 months old or more 35 less than 6 months_________________
AUG CC SF Sales: Yr: --#Sls ---- SF ----- List$ --- Sold$ --$$/SF 2007 - 168 -- 1805 - 260.1k - 245.6k --- 136 (9/4 updtd) 2006 - 301 -- 1740 - 325.8k - 314.4k --- 180 2005 - 437 -- 1678 - 339.9k - 335.9k --- 200 … (1 comments)

Want to market to investors? - 09/10/07 04:50 PM
<!---->S.W. Florida R.E.I.A. 3602 Broadway C-4 Fort Myers, FL 33901Phone: (239) 247-5061 … (0 comments)

Women In Real Estate, Date: September 12th, 2007 - 09/10/07 04:49 PM
<!---->S.W. Florida R.E.I.A. 3602 Broadway C-4 Fort Myers, FL 33901Phone: (239) 247-5061 … (0 comments)

How to Locate, Inspect, Estimate, and Rehab Property for a Profit - 09/10/07 04:47 PM
<!---->S.W. Florida R.E.I.A. 3602 Broadway C-4 Fort Myers, FL 33901Phone: (239) 247-5061 … (0 comments)

Naples Fl ~~ "What THEY Don't Want You To Know About Financing in the Real Estate Market" - 09/10/07 04:46 PM
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"What THEY Don't Want You To Know About Financing in the Real Estate Market" Lee County - 09/10/07 04:44 PM
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a 1 Hour presentation on Land Development and Syndication. - 09/10/07 04:43 PM
<!---->S.W. Florida R.E.I.A. 3602 Broadway C-4 Fort Myers, FL 33901Phone: (239) 247-5061 … (0 comments)

valuable contractor techniques to lower your fix up or maintenance costs by 50% or even 75% - 09/10/07 04:41 PM
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The Goldmine of Brilliant Tax Strategies! - 09/10/07 04:40 PM
S.W. Florida R.E.I.A. 3602 Broadway C-4 Fort Myers, FL 33901Phone: (239) 247-5061 … (0 comments)

Personal Growth Expert & Life Strategist Personal Growth Expert & Life Strategist - 09/10/07 04:38 PM
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Jeffrey Tumbarello

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