Alan Greenspan … Wrong On Regulation - 10/24/08 08:30 AM
"I made a mistake," Greenspan said, "in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms." "The Federal Reserve had as good an economic organization as exists," Greenspan said. "If all … (2 comments)
California Home Foreclosure Filings fall 32% - 10/23/08 03:24 PM
California home foreclosures - In a report issued
today by California-based research group
RealtyTrac it was reported that California home foreclosure filings fell
32 percent on a monthly basis but were up 36 percent from a year ago. California
remained the third hardest-hit state in the collapsed real estate sector, … (0 comments)
Head Librarian Or Realtor? - 10/19/08 02:08 PM
If your real estate website has an IDX link, do you
provide the full property address to Web surfers? If so, you may be acting more
like a librarian than a realtor! Do you really believe Web surfers, the
potential clients, who have had in many cases no personal, or even … (8 comments)
#1 in Google, ,MSN & YAHOO Without Paying ---Realtor does it himself!! - 10/17/08 12:57 AM
One should keep in mind that the larger the market (city/town) and the more popular the keyword (XXXXX real estate, XXXXX real estate broker, XXXXX real estate agent, XXXXX real estate blog) the harder it will be to get a top ten standing.
Now, for San Diego, I could easly work … (0 comments)
San Diego Condo Price Appreciation - 10/13/08 11:09 PM
In the table below, www.brokerforyou.com looked at selected San Diego neighborhoods that had 10 or more closed sales in August 2008 & August 2007.
*To view the full post, please visit the San Diego real estate blog
… (0 comments)
29% of Homeowners Have Larger Mortgage Than Home’s Value - 10/10/08 10:39 AM
An estimate by real-estate Web site Zillow.com shows that among people who bought within the past five years, about 29% are under water on their mortgages. From a Moody's Economy.com report it shows that 12 million households, or 16%, owe more than **To read the full post, please visit the San … (2 comments)
Government Vote - 10/07/08 06:20 PM
Wall street voices its opinion of the Government bailout. First it was the Government cash taxpayer rebate. Then we had a Government housing bailout effective October 1, 2008. Then, in a third step, the Government bailout program known as the "rescue bill," signed into law on October 5, 2008.
During the … (0 comments)
Stock Market Bust - Cramer Says SELL - 10/06/08 01:38 PM
This morning on The Today Show, Jim Cramer said if you own stocks and will need cash from those investments within the next five years, you should sell those investments this week! Why say this on national TV? Obviously, he expects stocks to fall an additional 20% from today's level. **To … (0 comments)
San Diego Real Estate Market - 10/06/08 01:30 PM
San Diego real estate is very scarce. Most of San Diego open space is owned by the military/Government/parks. So, San Diego real estate can never really go down much in value. If you don't buy a home in San Diego now, the rising prices will never let you purchase as good … (0 comments)
Labor Dept Reports Huge Loss in Jobs - 10/03/08 12:52 PM
Via Downtown San Diego real estate Jared Schwartz, Real Estate agent: Labor Department reported today that the economy experienced the biggest drop in jobs in more than five years. There was a net loss of 159,000 jobs in September, the ninth straight month the U.S. economy has lost jobs.*To view the full … (0 comments)
Innovative Way of Not Filing Bankruptcy - 10/03/08 12:50 PM
The Federal Housing Administration announced FHASecure, a temporary initiative to permit lenders to refinance delinquent adjustable rate mortgages (ARMs) and/or to offer new subordinate financing where the combined loan-to-value ratio exceeds the applicable FHA loan-to-value ratio and geographical maximum mortgage amount. The FHASecure Eligibility Criteria Borrowers Current on Their Mortgages The … (0 comments)
#1 EZ Fix to The U.S. Housing Market - 10/01/08 06:35 PM
The U.S. government’s Wall Street bailout package, or should I use the PC correct term of “Government Rescue Program,” is not only a bad deal for the U.S. taxpayer, but in my opinion, totally unnecessary. Last week, the largest Savings and Loan in the United States, Washington Mutual, was taken over … (0 comments)
San Diego Real Estate - 25% Drop - 10/01/08 09:54 AM
Via Downtown San Diego real estate Jared Schwartz, Real Estate agent: San Diego California home values showed the 5th largest decline for the latest July 2007 to July 2008 S&P/Case-Shiller Home Price Indices. “There are signs of a slow down in the rate of decline across the metro areas, but no evidence … (0 comments)
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"I made a mistake," Greenspan said, "in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms." "The Federal Reserve had as good an economic organization as exists," Greenspan said. "If all … (2 comments)
