real estate: ActiveRain.com - Is it the Place to go for CURRENT Real Estate Statistics? - 04/04/11 07:29 AM
ActiveRain.com - Worth Reading for Current Real Estate Statistics? Probably not from what I've recently seen. Since first stumbling upon and actually reading Activerain.com posts back in 2007 with my So I was Bored Post, I'll admit I was instantly sucked in to Activerain.com. Not so much for points and rankings ...but because there was some REALLY GOOD posts on CURRENT real estate information at that time. Real estate information that I was searching for on Google that led me to Activerain. Of course... being who I am.... I had to comment a little on some Featured posts back then that … (1 comments)
|
real estate: Latest Case-Shiller Home Value Report --- Don't Forget what was taking place this time last Year - 03/30/11 06:51 AM
First Time Homebuyers Tax Credit - Did We Forget Something? The latest Case-Shiller report on home values from long ago. News story after news story about home values falling in January of 2011 compared to January of 2010 that are not telling the whole story.
Here is their official Home Value Report: Home Prices are off to Dismal Start in 2011
“Keeping with the trends set in late 2010, January brings us weakening home prices with no real hope in sight for the near future” says David M. Blitzer, Chairman of the Index Committee at Standard & Poor's. “With this month’s … (1 comments)
|
real estate: SEC charges Goldman Sachs with Fraud - 04/16/10 02:24 PM
A little follow up to a post from back in November titled "Goldman Sachs Exposed on Secretly Betting There would be a Real Estate Crash" from a fantastic investigation by Greg Gordon..
Looks like something is being done after all... SEC Charges Goldman Sachs with Fraud
"Washington, D.C., April 16, 2010 — The Securities and Exchange Commission today charged Goldman, Sachs & Co. and one of its vice presidents for defrauding investors by misstating and omitting key facts about a financial product tied to subprime mortgages as the U.S. housing market was beginning to falter.
The SEC alleges that Goldman Sachs … (0 comments)
|
real estate: Will Mortgage Principle Writedowns save housing? - 03/09/10 10:51 AM
A Last Resort to "Save" the Housing Market?:
Mortgage Principle Writedown Won't Save Housing
"And so it begins. Big gun lawmakers are making the move toward principal writedowns as the last resort to save the housing market."
"In a letter to the CEOs of Bank of America, Wells Fargo, JP Morgan Chase and Citigroup, House Financial Services Committee Chairman Barney Frank wrote, "To save homes on a large scale, we must move past temporary modifications in interest rates or terms and focus on permanent principal reductions that result in truly sustainable mortgages."
Certainly an article well worth reading - especially … (1 comments)
|
real estate: Las Vegas Real Estate most Undervalued according to Research Firms - 01/28/10 03:24 AM
Common Sense?
According to a new report released to CNNMoney.com by IHS Global Insight & PNC Financial Services, Las Vegas topped the list of most Undervalued real estate markets in the land... projected to be 41% undervalued.
CNNMONEY Article on most Overvalued Real Estate Markets
Which really is no surprise for those of us that actually practice real estate and not read about it. When you take a look at the list of Overvalued Real estate markets and see the median home prices and compare those to Las Vegas... it's just a matter of common sense.
More Analysis can be found … (1 comments)
|
real estate: Congressional Oversight Report for Loan Modifications Program shows Trends to Watch in Real Estate coming soon to a home near you. - 10/10/09 08:12 AM
Just Released Report for your Weekend Reading
Tarp Oversight Report Criticizes Administrations Loan Modifications Program
Interesting Report by the Congressional Panel that oversees the government’s financial bailout plan that was of course... released on a Friday.
Read the 168 Page Report Here
Full of great information that goes over the waves of foreclosures, future waves of foreclosures on the way.. redefaut rates for loan modifications already performed and suggestions to improve the program that will be forwarded to your Representatives.
Whether you agree with it or not... this is what your Representatives will be receiving and thinking about on any … (0 comments)
|
real estate: Las Vegas Short Sales Secret - Use a Buyers Agent that Understands the Process - 05/17/09 04:18 AM
Las Vegas Short Sales - Tales of Agony and Ecstasy
AGONY
I certainly love any and all offers on my properties for sale but the amount of offers incomplete and far below current market value with what is currently taking place in the Las Vegas real estate market is obviously an attempt of trying to get rich quick using agents trying to make the impossible happen. Maybe it will work with one in 30 tries... maybe.
Las Vegas Short Sale Secrets
The good news is that it appears Short Sales are FINALLY being addressed in one of the many homeowner … (4 comments)
|
real estate: Is Commercial Real Estate The Next big Crisis? - 02/17/09 08:19 AM
For some of us that would rather be proactive then Reactive on what is taking/about to take place in the real estate market, I always appreciate a well thought out post by somebody such as Matt Heaton who tells it like it is on the new stimulus bill.
Politicians are reactive and certainly not proactive. They have little clue of spotting trends of what is taking place and that's where we need good information and good forecasters.... we need good real estate agents and not just reporters of statistics on what already happened.
Anyways... It was about a month ago when I was driving by … (4 comments)
|
real estate: Has the Tax Revolution Already Started?? - 02/15/09 03:23 AM
Through some research I ended up over at the highly entertaining Housing Bubble Hall of Shame and came across the first signs of tax revolt in the state highly known for wasting taxpayers dollars.
(Disclosure -- this is a Great Real Estate Bubble Site full of information on what went wrong without killing REALTORS too much.. I've been following it for quite some time and you can learn a lot from the great information/research provided.)
Revolt Brews In California Counties
The bottom line is people are getting tired of Government mismanagement and/or waste. When you read into the super fat and … (5 comments)
|
real estate: How will the Real Estate Crash Shape Your City? - 02/15/09 02:21 AM
Fascinating new article that came out in The Atlantic full of historical trends to support theories:
How The Crash Will Reshape America
I saw a city or two that I used to live in but the one that stood out is Las Vegas for obvious reasons:
"But in the heady days of the housing bubble, some Sun Belt cities-Phoenix and Las Vegas are the best examples-developed economies centered largely on real estate and construction. With sunny weather and plenty of flat, empty land, they got caught in a classic boom cycle. Although these places drew tourists, retirees, and some industry-firms seeking … (0 comments)
|
real estate: House of Cards is a Must Watch - 02/15/09 01:11 AM
Confused about what is going on with the real estate market? Wondering why real estate prices have crashed and now why the Federal Governement is asking you and your family to take on debt that will take generations to pay back?
Why is the Government bailing out Wall Street with your tax dollars?
Watch House of Cards on CNBC for an explanation of one of the best documentaries to explain what happened and the people involved.
Times:
* Saturday, February 14, 2009 at 7p/10p ET* Sunday, February 15, 2009 at 9p ET* Monday, February 16, 2009 at 6a/8p/12a ET* Saturday, March … (8 comments)
|
real estate: The Right Information is the Right Solution to The Real Estate Crisis... - 01/20/09 02:46 AM
Real Simple:
I suggest taking a few minutes and reading this really good report from The Heritage Foundation -->
Ten Common Myths About Government Spending
"Economic misinformation begins with politicians, who are usually more concerned with winning the next election than with seeking "economic truth."
MYTH #1:Government spending "pumps new money into the economy."
FACT:Every dollar that government injects into the economy must first be taxed or borrowed from it.
And Then...
Visit this site --> http://www.pgpf.org/ ... make sure you spend 30 minutes watching that video because it is VERY, VERY disturbing.
The whole foreclosure crisis was created from The … (2 comments)
|
real estate: The Collection of Government Stupidity - 12/10/08 04:40 AM
History Repeats Itself.
Wow! We are in such a point of history in our lives it's just amazing watching what is happening with our leaders who have zero clue in Finance, History or Economics play their usual role in politics pandering for votes (and lobbyists money) that we could witness a collapse.
The warning signs are all there and the printing machines to pay for all of these great programs is running on overtime. Nobody even knows if the bailout plans are going to work... all this when revenue collections are going down. Check this link out and you might be a little worried about … (0 comments)
|
;)
;)
;)
