georgetown: Multiple Offers? Wait...don't you watch the news?
- 04/29/09 01:55 AM
Good morning real estate afficionados, from the World Headquarters of Optimism Atop the Hill (based in my study with a wonderful view of rural Williamson County, Texas). I was sitting here reading my email this morning, going through the maze of "How to Survive" and "Get More Listings" spam from vendors, and it occurred to me - they want us to buy in to this sensationalism, but the real truth is that things are going briskly here in the Georgetown area. Sure, we still have a little over 2 years of inventory in the $500-750k market here (on the west side), … (0 comments)
georgetown: Lehman Brothers, Wall Street, and Real Estate
- 09/16/08 12:00 AM
Well, so Lehman Brothers could not find a buyer in the 11th hour and filed for Bankruptcy. No big surprise - we've been saying "Garbage in - Garbage out" for a couple decades now...In this case, we're not talking about computers. The "garbage in" is the ridiculous loans that have been made. You can always expect this kind of thing when people are making big money without having to be smart. Think about it. During the height of the real estate boom, my phone was ringing off the hook with people identifying them as "real estate investors." They were always looking for property … (11 comments)
Good morning real estate afficionados, from the World Headquarters of Optimism Atop the Hill (based in my study with a wonderful view of rural Williamson County, Texas). 
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