homes: Major Home Builder Agrees With Little Known Real Estate Broker - 11/19/09 01:37 PM
Back in April I called:
FHA – THE NEW SUPRIME LENDER
Now I'm not alone.
Toll Brothers Inc. Chief Executive Officer Robert Toll said. “Yesterday’s subprime is today’s FHA,”
It's crazy!
It's OBSCENE!
A first time home buyer puts in an offer for quarter of a million dollar … (0 comments)
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homes: Have We Dodged THE GREAT DEPRESSION OF THE 21st CENTURY? - 07/27/09 02:26 PM
In a former blog I proclaimed we were in the beginning of the Great Depression of the 21st Century. [ GO HERE TO READ BLOG ].
Recent economic data indicates we are are on the cusp of a recovery, the only question is what kind of recovery. [ GO HERE FOR … (0 comments)
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homes: Horseback Riding in Fresno - 06/23/09 05:53 PM
Just got in from horseback riding. Weather is absolutely perfect. In my 22 years in Fresno this has to be the nicest summer weather I have ever experienced. PERFECT weather for the equestrian. I am SO in touch with my inner cowboy! My little pony never broke a sweat.
… (7 comments)
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homes: Fresno Meet in the Middle 4 Equality Rally - 06/03/09 06:26 PM
Fresno Meet in the Middle 4 Equality Rally
May 30th, 2009
Off Topic: Meaning this has nothing to do with the Fresno Real Estate Market.
I went downtown on Saturday to check out the Revfest at the Fulton Mall and on the way there I saw huge crowd gathered so I … (0 comments)
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homes: Bargain Hunters Snap up Fresno Homes - 05/22/09 10:28 PM
.... so says an article in today's Fresno Bee. And its true, and I have to admit that I have been behind the curve on market reporting but hope that will change. Its actually difficult to blog all that you would like when you're busy transacting business. Don't get me wrong, … (1 comments)
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homes: Fresno CA And The Economic Stress Test - 05/18/09 03:56 PM
The Associated Press recently released a map measuring the amount of economic stress being endured by each county in the nation.
CLICK HERE TO VIEW
As you can see, All of California has been hit hard and Fresno is no exception.
… (0 comments)
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homes: Alan Greenspan Addresses National Association of Realtors Midyear Meeting - 05/15/09 06:35 PM
Why the National Association of Realtors would hire the most prominent architect of the Housing Bubble to speak at their midyear meeting is totally beyond me understandable: they want to hear some someone "talk their book". Greenspan certainly has the credentials. His management of our nation's money supply fueled the bubble and lined the … (2 comments)
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homes: 19 Million Homes Vacant In US - 05/13/09 12:39 PM
In Feb Bloomberg reported -- A record 19 million U.S. homes stood empty at the end of 2008 and homeownership fell to an eight-year low as banks seized homes faster than they could sell them.
They also said: the report counted 4.1 million vacant homes for rent and 4.8 million seasonal properties.
read … (0 comments)
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homes: Fresno Now California's Fifth Largest City... - 05/01/09 06:27 PM
... and you thought this was just a podunk hick-town full of raisin farmers.
NOT!
According to the latest statistics released yesterday by the Department of Finance Fresno's population grew by 10,578 people in 2008. That was enough to bump the city up over Long Beach and make it the fifth … (0 comments)
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homes: What If The Contractor You Hired Is No Longer In Business? - 04/30/09 12:10 AM
Fresno California
When your purchasing a home there is a good chance that either your agent or the agent may hire a contractor to do work on the home prior to closing. Contractors in California (and probably most other states) don't need to be well capitalized in order to start … (1 comments)
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homes: Fresno Ca Real Estate Market Bleet - 04/29/09 12:16 AM
Was busy doing showings this afternoon in an area where sales have been brisk. The volume of REOs in this particular neighborhood has been so high that I noticed prices drop 10% in a matter of about 2 or 3 months. I noticed a lot of homes with non-mls lock boxes … (0 comments)
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homes: More on GREEN LIVING - 04/27/09 06:44 PM
This is a follow up to my last blog. There is an article in the Wall Street Journal today title The Green House of the Future in which four architects provide illustrations of what Green Homes of the future might look like. The article concludes with all four architects in agreement … (0 comments)
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homes: Alternative Living - "ITS NOT A HOUSING CRISIS, ITS A HOMING CRISIS... - 04/27/09 02:01 PM
EVERYONE WANTS MORE HOME."
This is a quote from Builder/Author Shay Salomon in this YouTube Video. Watch it! I think you'll like it.
I am at the age and stage where I am pondering down-sizing and have been fascinated by all the possibilities available in Alternative Living.
Over … (2 comments)
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homes: California BUZZ... - 04/15/09 06:23 PM
West Coast haircut. Golden State Clip.
Just how much have home prices been shorn in California?
A LOT!
Believe it or not in 2006 the median price of a home in California was $576,000.
California median home price as of February 09: $247,590
(Source C.A.R.)
… (0 comments)
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homes: CLOSED.... My First Short Sale - 04/09/09 10:42 PM
Cha Ching!!! Finally manage to have a closing on a “short sale”. In case you dont know what a “short sale” is, its when the lender is willing to accept an amount less than the full price owed on the mortgage. A couple of years ago in Fresno the … (5 comments)
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homes: FHA --- THE NEW SUBPRIME LENDER - 04/02/09 01:31 PM
Want to buy a home? Got crappy credit? Next to nothing for downpayment?
NO WUNKIN FURRIES MY FRIENDS --- YOU SHOULD QUALIFY FOR AN FHA LOAN!
And seeing that the banks are eager to get the glut of non-performing assets (fancy name for foreclosures) off their … (3 comments)
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homes: OFF WITH THEIR HEADS.... - 03/31/09 04:00 PM
...Time to Drag out the Guillotines and Sharpen the Blades???
Watch this YouTube video in which Max Keiser calls for the decapitation of FINANCIAL TERRORIST.
… (0 comments)
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homes: Banks Starting to Walk Away on Foreclosures - 03/30/09 10:01 AM
Has anybody read/posted this article from the NY Times/
March 30, 2009 NY Times
By SUSAN SAULNY
SOUTH BEND, Ind. — Mercy James thought she had lost her rental property here to foreclosure. A date for a sheriff’s sale had been set, and notices about the foreclosure process were piling up … (8 comments)
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homes: Fresno - 03/21/09 01:56 AM
Spring time in Fresno is fabulous. Its time to do the Blossom Trail again!
I captured this on a trip up into the foothills earlier this week
Actually been busy recently with escrows!
Harder to blog when your busy - I dont know how some of these folks do it???
… (0 comments)
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homes: Suggestion for Stimulous - NEW LOAN MODIFICATION PLAN - 03/19/09 02:48 PM
WANNA STIMULATE THE ECONOMY?
HOW ABOUT REWARDING THE GOOD GUYS???
Every homeowner who:
has a job
has not been late on their mortgage payment in the last 12 months
is current on their state and federal taxes
GETS THEIR INTEREST RATE MODIFIED TO 4% FOR THE NEXT 5 YEARS.
… (9 comments)
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