Ar_home_b_search
 



market report: The Media Needs A Back To The Future Reality Check - 10/26/08 04:43 PM

 
The Media Needs A Back To The Future Reality Check
Lets compare the Great Depression to the present
Unemployment
25% were unemployed in the United States 60 yrs ago Only 4-6% is the current unemployment rate Banks in serious trouble
1 in 3 Banks were in serious trouble in the great depression Only 1-2% of Banks are in serious trouble throughout the US Stock Value
Over 60yrs ago The Stock Value lost 90% of its value Just recently the The Stock Value lost only 40% of its value (But is almost back to normal now)  
Hellooooo Mcflyyy, Wake … (9 comments)

market report: Market Report in Virginia Beach Regarding Mortgage Options - 05/27/08 12:02 AM

 
Quick Market SnapShot in the 757
As you can see in the Demographic Stats above for the Virginia Beach Area, the numbers has it's Pros and Cons.
Pro
We are not in a Declining Market compared to the rest of the Nation and even our brothers and sisters up North in Virginia.  Having a 0.9 Ratio in foreclosures is pretty tame. We are not in a Upside Market compared to the rest of the Nation.  The Median LTV is 85% which is excellent in having that emergency equity. Cons
50% Late Payments in the last 12 months.  Seems like … (3 comments)

 

Justin Williams - Loan Officer

Virginia Beach, VA

More about me…

Independent

Address: 9094 Baltimore Avenue, College Park, Md, 20740

Cell Phone: (310) 951-5173

Email Me

JustifiedLions









Photobucket



Links

Archives

RSS 2.0 Feed for this blog