real estate opinion: Bernanke's Fed: One Week To Accountability Before Congress - 03/25/08 11:44 AM
"The Fed last week agreed to help JPMorgan acquire Bear Stearns after a run on Bear, once the second-biggest underwriter of U.S. mortgage bonds. In an effort to shore up Wall Street's other firms, it also agreed to become lender of last resort to all 20 primary dealers in Treasury notes."Scott … (10 comments)

real estate opinion: Pool Safety for Infants and Toddlers: Infant Swimming Resource - 02/28/08 03:21 PM
Some time ago, I attended a funeral for a 5 year old who drowned while visiting family in Manahawkin, NJ.  It was one of the most difficult things I've ever experienced, and the tragedy is that it didn't have to happen.  Look at this amazing video of 11 month old Miles, and … (11 comments)

real estate opinion: If You're Walking Through Hell, Don't Stop. - 02/24/08 04:46 AM
From a distance of only ten feet, entrance to the courtyard beyond seemed a formidable task.  Impossible.A fools errand, this.  The high sunwashed adobe wall and the great iron throw-bolt seemed to say "go away."
I almost did just that.  No one, after all, was expecting me, and see?  The gate is barred, padlocked.  I nearly turned … (38 comments)

real estate opinion: Inside NAR Political Contributions: A Major Shift From Right to Left? - 02/18/08 12:08 AM
The 3rd largest contributor to political campaigns (per http://www.opensecrets.org/) is the National Association of REALTORS®.  Since the 1996 election cycle, NAR contributions to Democrat candidates have increased in every cycle.  This cycle, it's exponential.  For the first time in a long time, giving to Dems will surpass 50%.
Here are the numbers. 
Granted, … (31 comments)

real estate opinion: "Daddy, Make Him Stop!" Why Uncle Sam Isn't the Answer in a Free Market - 02/15/08 12:55 PM
Where is uncle Sam? Why isn't he watching this [short sales] and have control on it? Why allow the lending institution to do whatever they feel like giving crazy mortgages or short sales why is it up to them?
This question was posted by a young woman (a real estate agent) bemoaning the effect of short … (80 comments)

real estate opinion: Yes I Can! Inspiration from Patrick Henry Hughes - 02/15/08 12:22 PM
I get discouraged from time to time.  Don't you?  A client's home underappraised last week, and the loan was denied.  I let discouragement creep in.  I didn't stop at the denial, however, and found a way to get it done.  I was pretty proud of myself. 
And then I met Patrick Henry Hughes and his … (7 comments)

real estate opinion: Tucson Being Considered as an Inland Port of Entry - 01/30/08 08:05 PM
The Old Pueblo used to be considered a quiet, dusty sort of town, known more for climate than for commerce.
That hasn't been the case for quite a while, now.  Ranked by population, the city of Tucson, Arizona now tops
Atlanta, GA, Sacramento, CA Cleveland, OH Kansas City, MO Miami, FL … (12 comments)

real estate opinion: Late Night Rain: Who's Minding the Store? - 01/30/08 04:28 AM

 
 
 
 
 
 
 
2:30 a.m. on Wednesday, January 30, 2008:  While 68,657 of you are asleep in your beds, 25 of us are cruising your blogs, looking for inspiration, encouragement, insight, and laughs.  12 are insane enough to have clicked the little button that lets others … (32 comments)

real estate opinion: For My Newbie Friend, Kevin Wood, Listing Agent and Active Rain Member - 01/21/08 11:15 PM
This is for Kevin Wood, (Active Rain Newbie,) and Jeff Turner, two people who need to do business together.  The listing in the Real Estate Show I've created below is Kevin's; I lifted his photos off MLS and created it for him, with his permission.
IMHO, Real Estate Shows is just fantastic.  Active … (22 comments)

real estate opinion: Broken Priority: When "Free and Clear" Isn't Good Enough for the Bank - 01/20/08 06:55 AM
 
The retired couple sitting in my office were incredulous.  They had:
photos, architect drawn plans, and aloan denial letter from a local bank."We own the property free and clear," said the husband.  "We bought it as is, and we also bought the rights to the plans."
He was a builder from out of state who knew … (32 comments)

real estate opinion: Sign of the Times: Plead My Case for Fraud - 01/19/08 06:34 AM
High visibility, low cost per view.  Intersections are a great place to advertise. 
The usual fare is a cardboard box advertising a yard sale.  This wasn't your usual sign.  This one got my attention. 
Target market:  A good lawyer.  Incentive to call?  Up to half a million dollars if you win the case.  … (37 comments)

real estate opinion: Central Tucson Real Estate: Affordably Priced Home Near Alvernon & Columbus - 01/16/08 07:21 AM
In 2004, my friends from Europe bought their first home in the United States.  They had been renting for several years when I asked why they hadn't bought a home.  The answer?  They were here on a work visa, and didn't have a green card.  They believed they couldn't qualify for a mortgage.
When I explained that … (19 comments)

real estate opinion: Rent! You Can Always Buy Later for Less! - 01/14/08 10:19 AM
I'm going out on a limb here.  I was just watching NBC's Today show, and the talking head was being interviewed about the wisdom of renting versus buying. 
"Much better to rent right now than to buy," he said.  "The price of housing is still going down.  It will cost you … (39 comments)

real estate opinion: Long Skinny House. 170' long. 9' wide. - 01/11/08 07:00 AM
Looking for Tucson real estate?
Someone got a permit to build this.  Amazing!  Even more amazing is that they're building it on spec.
That's the carport you're looking at.  It will shade the front half of your Kia.  I walked through the house. The 12' ceilings keep you from feeling like you're walking … (36 comments)

real estate opinion: Rotting Apples: The Psychology of Foreclosure on your Community - 12/31/07 09:11 PM
"Thank God that's not MY problem," is often one's reaction upon hearing that someone in the neighborhood has been foreclosed. 
Please take this to heart:  as a homeowner, it really IS your problem.  Foreclosures are an equal opportunity occurance.  They don't just happen in middle and lower middle class neighborhoods. Driving home … (17 comments)

real estate opinion: Adam Waldman Has The Best Perspective for 2008 - 12/29/07 09:26 AM
So you had a bad day?  That's what I read this morning when I checked in on Adam Waldmans blog.  (Real all the way to the end. This has a good ending!)
You bet I had a bad day yesterday!  My client, after months of looking, found the perfect home for … (46 comments)

real estate opinion: There's a Floor Under the Tucson Real Estate Market. How's By You? - 12/27/07 10:36 PM
Two UP arrows.  Five DOWN arrows.  That's the Tucson Association of Realtors Multiple Listing Service sales snapshot for the month of November, 2007.
Quick glance?  "Boo!  Hiss!  See?  I told you the sky was falling!"  But that's not the real picture at all.
First:  Look at the UP arrows. 
The average sales … (15 comments)

real estate opinion: Carrots for the Donkey: Fed to "Re-Liquify" Credit Markets - 12/05/07 11:26 AM
The problem with the carrot on a stick approach is that the guy holding the stick is behind the donkey.  One jackass behind another, so to speak.  My mind's eye conjures up all sorts of potential for disaster.
Since Thanksgiving, short term money (3 month USD) has been much more expensive than the … (21 comments)

real estate opinion: Differing Google Strategies for Active Rain: Tucson's Top Three 'Rainers - 12/01/07 08:40 PM
I'm addicted to statistics in the pursuit of "What Works?"  
For Active Rainers, "what works" is visibility to Google.  It's what makes the phone ring.  The top three Rainers in Tucson, AZ have achieved this visibility on Active Rain in very different ways.
Tens of thousands in the Active Rain ranks never … (115 comments)

real estate opinion: Real Estate Correction: I Don't Want Help From My Government - 11/26/07 01:00 AM
Today's Active Rain front page Featured Posts included this title, by Lenn Harley: MASSIVE FORECLOSURES COMING? THE MARKET IS SPEAKING LOUD AND CLEAR.  You might want to read it, and the commentary it's attracted, before continuing.
By the time I read Lenn's post, almost eighty people had commented.  One comment, by … (69 comments)

 
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Mike Jones

Tucson, AZ

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SUNSTREET MORTGAGE, LLC

Address: 2840 E Skyline Dr, Suite #230, Tucson, AZ, 85718

Office Phone: (520) 344-6943

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