housing: SHORT TERM LEASE AVAILABLE IN LYNCHBURG, VIRGINIA - 10/14/08 11:55 AM
For More Information, Call (434) 546-0369
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housing: Naming Names: Anderson Cooper’s Top Ten Culprits …Politicians On Board? - 10/14/08 01:05 AM
John Prescott's The MetWest Scene...Politicians On Board?
Posted on October 14, 2008 by bostonkayakguy
AS the Top Ten Culprits of the Collapse continues to roll out, we wonder when the first politician will make an appearance on Anderson Cooper’s list.
AIG/Cassano, Lehman/Fuld, SEC/Cox…those in the government who played pivotal
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housing: What goes down must go up? - 10/13/08 05:38 PM
We are closed today, in Canada. To give Thanks. Our TSX is also closed. But yours isn't. Many of us Northerners watched today as the Dow rebounded from 'Free-fall Friday' to 'Miraculous Monday'.
We tuned in to Obama talking about his rescue mission, tax incentives, mortgage breaks, foreclosure forestallers. If elected he will enforce
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housing: How To Know You Are Buying Your House In An Area You Won't Outgrow - 10/13/08 04:46 PM
A lot of people feel that convenience of location is as important to homeowners as the style of house they buy. But I'm not sure I understoond how to decide where I wanted to live the first time I was buying a house. I wish now I could have known how
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housing: What It Takes to Get a Mortgage in Today's Market - 10/13/08 03:11 PM
In the good old days, (well, not so old, really) we wrote offers for properties without mortgage contingenices and then planned to close within several weeks. But since the beginning of the mortgage crisis last August you won't get a quick close with mortgage financing.
The process takes time, as it
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housing: Naming Names..Anderson Cooper’s Number 8 Culprit..John Prescott’s The Met West Scene - 10/12/08 02:32 PM
John Prescott’s The Met West Scene
Posted on October 12, 2008 by bostonkayakguy
Exposing the Culprits: #8 Chris Cox
SEC Chairman
Posted on October 12, 2008 by bostonkayakguy
It’s time for accountability. Time for their identities to be exposed; those individuals who have not done the
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housing: Naming Names..Anderson Cooper’s Number 8 Culprit..John Prescott’s The Met West Scene - 10/12/08 02:26 PM
John Prescott’s The Met West Scene
Posted on October 12, 2008 by bostonkayakguy
Exposing the Culprits: #8 Chris Cox
SEC Chairman
Posted on October 12, 2008 by bostonkayakguy
It’s time for accountability. Time for their identities to be exposed; those individuals who have not done the
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housing: Naming Names..Anderson Cooper’s Number 8 Culprit..John Prescott’s The Met West Scene - 10/12/08 02:16 PM
John Prescott’s The Met West Scene
Posted on October 12, 2008 by bostonkayakguy
Exposing the Culprits: #8 Chris Cox
SEC Chairman
Posted on October 12, 2008 by bostonkayakguy
It’s time for accountability. Time for their identities to be exposed; those individuals who have not done the
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housing: EASY WAY TO TURN-AROUND STOCK MARKET IN ONE WEEK!!!! - 10/12/08 09:05 AM
It seems to make sense that one reason people are selling off their stocks is because Obama seems to be leading the polls and no one wants to pay more for capital gains. Is Obama killing the stock market? If we all email the news media that we are voting
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housing: How AIG's Collapse Began a Global Run on the Banks - 10/11/08 08:45 PM
This is an outstanding explanation of our current credit crises by Porter Stansbury;
What follows is one of the real secrets to September's stock market collapse. Once you understand what really happened last month, the events to come will be much clearer to you... Every great bull market has similar characteristics.
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housing: Las Vegas ought to learn from a past real estate fiasco in California - 10/11/08 07:25 PM
As the U.S. Treasury, according to the recently approved bailout plan, prepares to purchase distressed real estate assets to help the faltering financial and mortgage sectors get back on their feet, a real danger lurks in the shadows for Las Vegas. And other communities across the land. The example of what
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housing: Naming Names..Anderson Cooper’s Number 9 Culprit..John Prescott’s The Met West Scene - 10/10/08 01:32 PM
Exposing the Culprits: #9 Richard Kuld, Lehman Bros.
Naming Names..Anderson Cooper’s Number 9 Culprit..John Prescott’s The Met West Scene
Posted on October 10, 2008 by bostonkayakguy
Image via Wikipedia
Last night we announced that Anderson Cooper is Naming Names…Exposing the Culprits of the financial meltdown we find ourselves in.
CNN
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housing: Real estate like it ought to be - 10/10/08 12:15 PM
Fire up the search engines for 2003 and you'll find a boatload of articles about real estate market fundamentals -beliefs about houthe demand for home and the benefits of home ownership. Remember the catch phrases of the pre-bubble days?
•· The immigration population is exploding; they will fuel housing demand
•· Credit
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housing: Ever heard of a condo reversion? Some developers are finding it the only answer..and you the consumer might just win for once! - 10/10/08 12:14 PM
If you were part of the real estate industry in the last 10 years, you no doubt heard the word condo conversion thrown around a ton. It is the process of taking apartments or 'income producing" properties and turning them into "for sale" condos. Developers have been putting some loot in their
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housing: Who to blame for the Financial Crisis - 10/10/08 11:47 AM
Sub-prime lending and easy credit are widely considered the primary factors that caused the expansion of the housing bubble and the expansion of housing prices that led to the ultimate implosion of the real estate economy. However,
....what are the reasons that caused the mortgage crisis?
and the collapse of Bear
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housing: Naming Names…Anderson Cooper Exposes Culprits of the Collapse...John Prescott's The MetWest Scene - 10/10/08 10:19 AM
Posted on October 10, 2008 by bostonkayakguy
Who is to blame for this monumental financial meltdown that is sucking the lifebood out of the taxpayers?
While the politicians have said now is not the time to point fingers, many of us believe that now is EXACTLY
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housing: Could there be HOPE? - 10/10/08 07:20 AM
In an Orlando Sentinel article today, Jerry Jackson reports a bright spot of hope for the Orlando housing market. "The Orlando Regional Realtors Association said Thursday that its members sold 1,335 homes in their core market in September -- up more than 37 percent from the same month a year
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housing: How will BRAC affect home values? - 10/10/08 07:12 AM
Base Realignment and Closure (BRAC) is service-wide restructuring of bases and personnel in the US military. BRAC mandated at that about 20,000 jobs move to Fort Belvoir. As Belvoir adjusted to this influx, Army officials sought nearby facilities that would satisfy BRAC mandates, but would relieve pressure from the crowded gates
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housing: Las Vegas resales are up while prices are down in September - 10/09/08 10:54 PM
Single-family houses continued selling well in Southern Nevada in September, as was reported by the Greater Las Vegas Association of Realtors, or GLVAR, that used the MLS for its statistics. All in all 2,783 single-family homes were closed, a nice increase from 2,545 done in August and a considerable improvement from
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housing: Close More Deals Real Estate Professionals USE MY MONEY - 10/09/08 02:21 PM
Ok with things the way they are I am trying to reach out and do my part and help on both sides of the coin
The Real Estate marketplace is an amazing market now for those of us who are able to "think outside the box" in our daily business.
There
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housing: Straight Talk fromTupper's Team - 10/09/08 01:00 PM
With all the dire economic news on the national front, we're happy to report that Denver's residential real estate market is showing the first signs of a turnaround. The number of homes on the market in September was down by 20% from September 2007, and the number of sold properties was
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housing: The Financial Crisis Welcomes The World! - 10/09/08 05:41 AM
Another Day, Another Move To Save The Financial SystemToday we got the news that many in the markets have been waiting for. They have been waiting for what seems to be a very long time. That was the coordinated global rate cut by the central banks of the US, Canada, EU,
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housing: Lowering Necessary Expenses to Improve Your Lifestyle - 10/09/08 12:25 AM
As living costs (along with seemingly every other cost these days) continue to climb, many people are finding their budgets getting tighter and tighter, and are looking for ways to cut their necessary costs each month. Things like electricity, rent and grocery bills can't go unpaid, but there are ways to
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housing: Tonight on FOX Business News! - 10/08/08 03:36 PM
Tonight our CEO Patrick Lashinsky will appear on cable news outlet FOX Business News' "America's Nightly Scoreboard" beginning at 7 PM EST/4 PM PST. The format of today's appearance allows for viewers to call into the program with questions related to the housing market.
America's Nightly Scoreboard:
FOX Business News
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housing: Introduction - 10/08/08 02:43 PM
Well Hello Bloggers, this is my first time joining this 'magic' new world of blogging. Not entirely sure how this works or who will read this I will keep this one short. I'm a Realtor in Marble Falls, Texas, have been licensed for the past 8 years and worked behind the
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housing: Wisconsin has Affordable Housing - 10/08/08 02:31 PM
Need another reason to live in Wisconsin? Besides the beautiful natural areas and wonderful people, there is affordable housing!
Local statistics for the Green Bay market in September of 2008 show an average list price of about $163,000. Areas surrounding Green Bay also have similar figures.
What does all of this
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housing: Fed Rate Cut & Colorado Housing Trends - 10/08/08 12:35 PM
Michael Shotnik, Direct Mortgage Banker
Denver1stmortgage.com
Fed rate cut
The Fed cut its key lending rate by .5% before the market opened this morning. The market reacted positively for about an hour and then sold off as a result of higher expectations for the Fed cut. Wall Street is remaining hesitant
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housing: My How Times Have Changed!: WSJ Commentary Claimed US Economy Fine...Little Evidence of Serious Trouble... - 10/08/08 12:13 PM
Old insight into the early 2008 economic situation, the housing issue, the pending election, and the real state of the economy...
"It is hard to imagine any time in history when such rampant pessimism about the economy has existed with so little evidence of serious trouble..."
"With housing so weak, the recent softness in
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housing: Housing ‘Crisis’ a ‘Case’ of Exaggeration? - 10/08/08 11:26 AM
Sunny Isles Beach Broker News
A recent study by three leading professors from Columbia and Wichita State universities has concluded that the housing crisis has been greatly overblown.
Charles W. Calomiris, a Henry Kaufman professor of financial institutions at Columbia University and a visiting research fellow at the American
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housing: Why I'm Pi$$ed about the "Bailout" bill/law - 10/07/08 09:06 PM
Why I’m Pi$$ed about the “Bailout” bill/law
Yea I’m pissed…Im pissed about this crappy new law…and I’m even more pissed at myself for supporting it. I went against all my convictions as a free-market supporter when I supported this bill, now law. I supported it because as a real estate professional
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housing: 24 Hour Market Watch - October 6th 2008 - 10/07/08 08:06 PM
Here is the 24 Hour Market Watch, as presented by the Sacramento MLS. New Listing and Pending Sale numbers remain about the same statistically. However inventory is also affected by homes returning Back on Market. This condition has been the same for several months now. Price reductions rule the road. We continue to work
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housing: Amazing 5 bed house - 10/07/08 03:50 PM
57167 Blossom VlyA amazing 3 story house with 5 bed, 2 bath and 3 car garage. Includes clubhouse access with pool, tennis courts and lake access. Family room, dinning room, landury room, and library.$359,900Description: 5 bed, 2 bath, lake front, library, laundry room, 3 car garage, pool, tennis courts and clubhouse
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housing: Mill river condo with large basement and 2 car garage - 10/07/08 03:38 PM
27992 Tremonte drMill river condo with many new upgrades including a 1487 square foot lower level. 2 bed, 2 bath, and a 2 car attached garage condo with a ranch style look and feel.$235,000Description: 2 bed, 2 bath, 2 car garage, gas fuel, pool, tennis court, clubhouse, basement, stove, dishwasher, washer,
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housing: Mill river condo with all appliances - 10/07/08 03:26 PM
28256 Oakmonte CirA 1 story condo with attached garage and access to tennis courts, basketball courts, and swimming pool. Low association dues. Includes all appliances.$139,900Descripiton: 1 story, 2 bed, 2 bath, gas fuel, waterfront, all appliances included, 1 car attached garage, central air, pool, tennis courts, and clubhouse access.For more info
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housing: Top of the line condo in Auburn Hills, MI - 10/07/08 03:14 PM
139 S VistaA ranch style condo with a lot of style including hardwood floors, marble firepalce, and lots of storage. This condo is minutes away from great lakes crossing.$130,000Descripiton: Stove, fridge, dishwasher, washing machine, dryer, microwave, disposol, 1 story, gas fuel, 2 bed, 2 bath, 1 car gargaeFor more info go
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housing: 1 story condo with 1 car garage in South Lyon - 10/07/08 02:53 PM
208 Oakbrooke DriveA 1 story condo with 1 car garage with access to clubhouse with amazing features such as both indoor and outdoor pool, spa, tennis courts, basketball courts and near a large bike trail.$84,900Descripition: 1 story, 1 bath, 1 bed, stove, refridgator, dishwasher, disposol, 1 car garage, clubhouse accessFor more
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housing: What does the 'bailout' really mean for you? - 10/07/08 02:45 PM
In changing times with a very volatile economic market, the impacts of the “bailout” prove that our national financial system has been tarnished but the hope for repair is the result of the country’s ability to stand up and fight through the turmoil. The economic repercussions of the “bailout” while, hopeful,
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housing: Use Texting to Snare Young Home Buyers - 10/07/08 12:43 PM
According to a recent survey by the Wireless Association, Americans send about 75 billion text messages a month. That's an increase of 160% over last year. We're so crazy about text messaging it's affecting the way we write. College professors complain about receiving papers typed completely in lower case with no
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housing: Use Texting to Snare Young Home Buyers - 10/07/08 12:41 PM
According to a recent survey by the Wireless Association, Americans send about 75 billion text messages a month. That's an increase of 160% over last year. We're so crazy about text messaging it's affecting the way we write. College professors complain about receiving papers typed completely in lower case with no
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housing: Bailout Barney Defends Role in Financial Implosion...John Prescott's The MetWest Scene - 10/07/08 12:40 PM
Posted on October 7, 2008 by bostonkayakguy
Image via Wikipedia
“Responding to charges that he bears some responsibility for the crisis in the mortgage industry, Rep. Barney Frank, D-Newton, said that as a minority congressman for many years he did not have the power to implement regulations sooner.” -Barney Frank,
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housing: Into the Panic Zone or Blessedly Misleading?? John Prescott's The MetWest Scene - 10/06/08 04:49 PM
Posted on October 6, 2008 by bostonkayakguy
House Financial Services Committee
via Wikipedia
Just the tip of today’s prognostications!…
But be assured that Barney Frank announced today that the bailout was aimed basically at Joe Sixpack - the auto salespeople, construction workers, people in small businesses - not
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housing: THERE IS AN OPPORTUNITY IN EVERY MARKET!!! - 10/06/08 09:20 AM
Great opportunity for "first time homebuyers"!
1. Mortgage rates are back at near historic lows!
2. National Median Home prices are down!
3. $7,500.00 First Time Homebuyer Tax Credit!
4. Great First Time Homebuyer Loans available - low to no down payment required (FHA, VA and Rural Development).
5. The Housing
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housing: Calling All Taxpayers! Barney Frank's Taking Your Questions...John Prescott's The MetWest Scene - 10/05/08 10:27 PM
Posted on October 6, 2008 by bostonkayakguy
Image by Getty Images via Daylife
Calling all taxpayers!
Barney Frank, the congressman with the faulty memory of late, has called a press conference for Oct.6, Monday at 10:30 am at Newton City Hall to discuss the federal
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housing: Calling All Taxpayers! Barney Frank's Taking Your Questions...John Prescott's The MetWest Scene - 10/05/08 09:10 PM
Posted on October 6, 2008 by bostonkayakguy
Image by Getty Images via Daylife
Calling all taxpayers!
Barney Frank, the congressman with the faulty memory of late, has called a press conference for Oct.6, Monday at 10:30 am at Newton City Hall to discuss the federal
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housing: What is the Impact on Real Estate Post-Bailout? - 10/05/08 09:08 PM
Fannie Mae (FNMA) and Freddie Mac (FHLMC) are no longer with us as the federal government has taken them over under the Economic Stability Act.
Lawerence Yun, Chief Economist for the National Assoication of REALTORS (NAR) has made some predictions. He says, "First of all, it is likely that mortgage rates
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housing: Calling All Taxpayers! Barney Frank's Taking Your Questions...John Prescott's The MetWest Scene - 10/05/08 09:01 PM
Posted on October 6, 2008 by bostonkayakguy
Image by Getty Images via Daylife
Calling all taxpayers!
Barney Frank, the congressman with the faulty memory of late, has called a press conference for Oct.6, Monday at 10:30 am at Newton City Hall to discuss the federal bailout, (and perhaps why he’ll
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housing: We've got to be careful! - 10/05/08 09:39 AM
Safety has always been something that should be first on everyone's mind and I know we are in a totally different time right now. We have issues that we are facing that are totally new even to the most seasoned Realtors and I know it's been said over and over again.
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housing: The Bailout Bill Passed: Why Are People So Glum? - 10/04/08 12:17 PM
Saturday, October 4, 2008
The Bailout Bill: Why So Glum?
The Bailout Bill Passed: Why Are People So Glum?OK. Arms were twisted, some pork was added, the potential ramifications of doing nothing were averted, Main Street was saved (even if Wall Street also benefited), the middle class was rescued and
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housing: Slowing Market? Really? - 10/03/08 03:15 PM
Someone forgot to tell us that the market was slow! We have been very busy with multiple listings, multiple offers and 2 agents away on course. We have had 3 offers on the go within the last day and 3 new listings entering our inventory!
Last week, I was away attending
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housing: New Program Will Offer Hope to Those Facing Foreclosure - 10/03/08 11:13 AM
There is finally some good news for you or anyone you know facing the threat of foreclosure.A new program designed by Congress called Hope for Homeowners which will help homeowners at risk for loan default and/or foreclosure launches today and will run through September 30, 2011.The program will be voluntary for
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housing: Bailout: Sweetspot Fix A Handout, Not An Economic Equation for Recovery?? - 10/03/08 09:47 AM
Posted on October 3, 2008 by bostonkayakguy
In my last post, I posed the questions: “What exactly is the bailout, in fact bailing out? And Whom is the bail out, bailing out?”
The Taxpayers for Common Sense site has listed some of the Tax Sweeteners that are included in
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housing: US Market our market? - 10/03/08 09:35 AM
I've been getting a lot of questions about the state of our housing market, and the potential ripple-effect coming from south of our border. There are some frightening things happening there (consider the recent $700B bailout proposal of the financial sector), that we are insulated against, as a result of tighter
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housing: Taxpayers $700,000,000,000 Handout - 10/03/08 09:30 AM
"Wall Street" has never translated to "housing". Try as they may to make them synonymous it isn't so just because someone says it is or want us to believe it. Looking at the players in the current economic debacle, this madcap comedy of errors, I'm reminded how much the Secretary of
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housing: The Great Housing Bust of 2008 - 10/02/08 05:28 PM
Harry Dent predicted our current situation when he showed that a slowdown in the birthrate 25-35 years ago would lead to fewer people entering the housing market to buy homes. It is those new buyers who fuel the growth of the rest of the residential real estate market.
If you look
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housing: Fleeced!! Fool Us Once, Fool Us Twice??? John Prescott's The MetWest Scene - 10/02/08 05:26 PM
Posted on October 2, 2008 by bostonkayakguy
Alan Greenspan via Wikipedia
The bailout..what is it exactly bailing out? Or perhaps more importantly, WHO is it bailing out?
Well to get to these answers, which of course you won’t find coming out of any of the mainline media, you have to
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housing: Salt Lake City, Utah Job Market Among the Most Healthy in the Nation - 10/02/08 04:22 PM
The latest Conference Board Press Release (Dated October 1, 2008) shows some areas of the country where the number of available jobs exceeds the number of unemployed. One of those cities (the one at the top!) is Salt Lake City, Utah.
The Conference Board reports that "35 of [the] top 52
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housing: Putnam Real Estate in Garrison, NY 10524 - 10/01/08 10:27 PM
Stunning spacious colonial on historic road in Garrison. Picturesque 2.5 level acres with landscaped property with pond, pool and play area make this an ideal setting for any family. Large deck, hardwood floors, summer kitchen, rec room, central vac, large rooms, two pellet stoves plus a fireplace, skylighted kitchen all not
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housing: Westchester Real Estate in Ossining, NY 10562 - 10/01/08 10:18 PM
Enjoy Your Private Resort** Wonderful inground pool on beautiful property and Lake rights with Private Stillwater Lake ***PRICED TO SELL!! Beautiful sunfilled home with sweeping lawn, soaring ceilings, huge stone fireplace, HW floors throughout, spacious rooms. two extra guest rooms in fin basement. Large deck, inground heated pool. Minutes to Chappaqua
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housing: Westchester Real Estate in Yorktown Heights, NY 10598 Expanded Raised Ranch - 10/01/08 10:13 PM
Remodeled,sprawling BiLevel with 1,000 sf 2-Story Extension.Superior attention to detail. Pristine 3Br, 2 Bath w FLR,FDR,Large Cherry EIK w isle, Granite,Ceramic tile,FR w Tray ceiling,Crown mldings.Hw Flrs,Bath w whirlpool,French Doors to Deck, Bsmt w FR, Marble FPL,Pretty Columns separating Rec Rm,Wet Bar w tiered counters,seating - Doors to Beautiful Stone Patio,
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housing: Putnam Real Estate in Brewster, NY 10509 - 10/01/08 10:01 PM
A home for the discerning buyer. Interior designer's own home; her home is her easel. Luxury living with a 2 story foyer w/Travertine Marble floor. Superb architecture w/intricate molding, wainscoting and rich hardwood floors throughout. Front/rear staircase. Natural cherry cabinets, high end appliances, granite counters in kitchen and baths. MBR suite
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housing: Westchester Real Estate in Yorktown Heights, NY 10598 - 10/01/08 09:56 PM
Absolutely redone inside and out - This one is the one you've been waiting for-Recent Updates Include: kitchen, 2 baths, walkway, driveway, roof/windows/doors, bedrooms, deck, patio, alarm system-Tastefully updated - shows like a model home - Beautifully landscaped - Gleaming Hardwood, custom molding, designer paint colors.Basement has walkout to new patio
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housing: We are willing to co-op.......Big %$#@& Deal! - 09/30/08 11:49 PM
I've been busy lately, prospecting like a madman and forcing myself to work FSBO's,,....strictly to build up my listing inventory. It's not all bad since I have genuinely met some sincere and nice folks out there. However, one comment I am soooo getting tired of hearing is "We are willing to
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housing: Las Vegas high-end real estate market inviting, explains The Robb Report - 09/30/08 09:02 PM
It is really nice to hear upbeat news for a change. The attention lately in Southern Nevada has been trained on the mortgage industry struggling with a load of foreclosures and the housing market trying hard to get its supply and demand in balance that would then stop prices from sliding
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housing: Summary Chart: Housing and Economic Recovery Act of 2008 - 09/30/08 03:03 PM
I recently received a chart summarizing the Housing and Economic Recovery Act of 2008. The chart is below for your use and review:
Note:
This information will be useful for first-time homebuyers who purchase a home within the time period specified in the Act. Keep in mind that it does have
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housing: Down...Just a little farther!? - 09/30/08 10:45 AM
WASHINGTON (MarketWatch) -- Home prices in 20 major U.S. cities fell at a faster pace in July, sending home values down a record 16.3% in the past year, according to the Case-Shiller home price index released Tuesday by Standard & Poor's.
July's prices fell 0.9%, an uptick from a 0.5%
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housing: About IPods and Housing - 09/30/08 10:10 AM
I must admit that I am both positive and negative about the events that have been occurring recently with the economy. I'll start with the negative for today, then move to the positive aspects tomorrow.
Among the information overload I have been receiving recently, I found one bit rather humorous today.
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housing: Bailout, Blowout! - 09/29/08 07:20 PM
Optimism is necessary, but you shouldn't be clueless when it comes down to Economics. I was a loan officer for a large financial company and it fell through early in "this" game. Our economy is getting scary. I have heard over the last few weeks how taxpayers shouldn't have to bailout
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housing: Seattle stands strong despite the economic madness - 09/29/08 03:11 PM
Residents of the Pacific Northwest and myself are lucky we live in an area that did not feel the pain of this shift as much as other parts of the country. The economic infrastructure in Seattle, WA is not dependent on tourism, high priced items like cars (for instance), etc. We
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housing: BAILOUT HAS FAILED... - 09/29/08 01:13 PM
Members of Congress have balked at "legacy vote."
Bailout has now failed and is off the table.
Not enough time has been available to build the political case for the bailout bill.
Bill contained no real caps on CEO parachutes.
At one point there was a 700
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housing: Obama or McCain! - who is better for real estate recovery - 09/29/08 11:36 AM
As we are watching the rhetoric of the Debates and the campaigning to be the next President of the United States.
One of the key issues and question on many people's mind is what will either candidate do, if elected, to stimulate an ailing real estate market, especially here in Arizona.
Each
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housing: Freddie Mac Gets A Subpoena and Barney Frank Gets A Reality Check - 09/29/08 10:32 AM
Posted on September 29, 2008 by bostonkayakguy
bostonkayakguy.wordpress.com — As the financial markets continue to shake, rattle, and roll, Freddie Mac woke up to a subpoena and Barney Frank sipped his morning coffee while reading an op-ed reality check from the Boston Globe...
Image via Wikipedia
Grand jury subpoenas Freddie
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housing: Freddie Mac Gets A Subpoena and Barney Frank Gets A Reality Check - 09/29/08 10:28 AM
Posted on September 29, 2008 by bostonkayakguy
Freddie Mac Gets Subpoena & Barney Frank Gets Reality Check.
bostonkayakguy.wordpress.com — As the financial markets continue to shake, rattle, and roll, Freddie Mac woke up to a subpoena and Barney Frank sipped his morning coffee while reading an op-ed reality check from the
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housing: The Lowdown on Low Balling - 09/28/08 02:35 PM
I picked up the phone, said "hello," and the first words out of my fellow realtor's mouth were, "Wow, that's a low offer!" She was referring to the contract I sent over on behalf of a client earlier in the day. She genuinely seemed surprised, but I was puzzled by her
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housing: Reluctant Landlord Killed by tenants from H@## - 09/28/08 08:36 AM
We live in the "Live Free or Die State"—there are tenants from H@## who think they should “Live Free” while the landlord “Dies”Hi my name is Michael Travis, I am a reluctant Landlord forced to rent a duplex in Portsmouth that didn't sell and now have 2 abusive tenants who organized
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housing: Housing market mess, who's to blame ? - 09/26/08 01:10 PM
> How the Democrats Created the Financial Crisis: Kevin Hassett>> http://www.bloomberg.com/apps/news?pid=email_en&refer=&sid=aSKSoiNbnQY0
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housing: Trulia Video - Podcast - State of the market - With Barbara Corcoran, Jonathan Miller, David Michonski and Pete Flint - 09/26/08 09:36 AM
Today, Trulia CEO Pete Flint hosted an Industry call with some of the top leaders in Real Estate - Jonathan Miller, President/CEO and Co-Founder of Miller Samuel, Barbara Corcoran, Real Estate Guru and Founder of The Corcoran Group and David Michonski, Chairman and CEO of Coldwell Banker Hunt Kennedy.
Listen to
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housing: Liberty schools Kansas City address house for rent - 09/25/08 06:28 PM
So you're thinking you want to rent in Kansas City but just aren't sure you're ready to entrust your family to the Kansas City school district.
This is a lovely newer three bedroom home with a two car garage, two bathrooms, and a full basement.
Call us for details, this home
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housing: IS THE U.S. CENSUS BUREAU 2007 COMMUNITY SURVEY INFORMATION HELPFUL OR IMPORTANT? - 09/25/08 10:10 AM
Our U.S. government spends considerable money at its U.S. Census Bureau and provide us with information.
I QUESTION WHETHER THIS USE OF TAXPAYER FUNDS FOR INFORMATION IS ALWAYS HELPFUL OR IMPORTANT.
The Associated Press reported on September 22, 2008, about the U.S. Census Bureau survey highlights.
The Census Bureau released the 2007 American
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housing: Are your investments in slow motion...? Now's the time for real estate @ the OCEAN! - 09/24/08 07:12 PM
How many more signs do we need to see the future?? Wall Street, the stock market, annuities AND many financial institutions all at the brink, REAL ESTATE is the answer (not to mention the low interest rates!)
The Pacific Northwest has bucked the trend of most the other real estate makets
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housing: Things are picking up, but is the storm still looming? - 09/24/08 03:48 PM
Wow, it is great to see things moving around central NC. The area is gearing up, but the market is still a buyers market in the area. There are a large number of properties currently available in our area and they are not just starter homes or larger homes, we truly
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housing: Man's Best Friend - 09/23/08 07:25 PM
After a long day of working with people, traveling from home to home showing property, phone calls to and from title companies, nervous buyers, frustrated sellers who want top dollar in 24 hours and so on... You know the drill. We love our business, we love people, we love the pay
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housing: VA Loans Don't Require Money Down to Close! - 09/23/08 05:25 PM
According to The U.S. Department of Veterans Affairs, whose loans remain one of the few no-down-payment options in this tight market, they have made more than 162,000 home loan guaranties this year, an increase of more than 31 percent over the same period last year.The Veterans Administration states that they have
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housing: Recession? Depression? What the Heck is This Anyway? - 09/23/08 02:43 PM
Many are looking at our current financial crisis and asking if we are not already in or are heading into a depression, and the so-called experts all have an answer. The problem is, they don’t agree. It’s easy to find some of the financial or political pundits who will tell us
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housing: pulte ceo on CNBC's Mad Money with Jim Cramer - 09/23/08 01:49 PM
This is a very good little interview- thought you all may want to see it. Aired Thursday, Sept 18th.
http://www.cnbc.com/id/15840232?video=860243697
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housing: Where do we stand? Charlotte's Economy - 09/22/08 08:49 PM
We all know that it seems like our economy is struggling. We can feel it, see it at the gas pump, hear it on the news. But what do economists look at to determine the health of a region?
Economists look at jobs, homes to diagnose the Charlotte area's financial health,
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housing: "The drawbacks of FHA's Hope for Homeowners Oct. 1st program" - 09/22/08 02:33 PM
Good afternoon.
I would like to bring up for discussion, a news article that I quoted below and also include other pertinent current media talk and research. I also think this stimulates some thoughts and provides some interesting information.
I value and respect your input and response on this subject
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housing: Las Vegas benefits from Nevada Energy Star Partners' efforts - 09/20/08 10:45 PM
Energy Star is a program put together by EPA, Environmental Protection Agency, to promote the use of energy-efficient products practically everywhere, from homes to work places and everything in between. It covers a lot of territory. Energy Star designation requirements have evolved over the years as technology has advanced. In the
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housing: Housing, Wall Street & the Mortgage Mess - 09/20/08 10:18 AM
For any of us with any type investments, current developments in the financial markets have to be scary. Over the past few weeks we've seen government takeovers of Fannie Mae and Freddie Mac, we've watched both Lehman Brothers slipping into bankruptcy, Merrill Lynch on the brink of collapse and global giant AIG now being
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housing: Wall Street Gets Rocked, What Does It Mean for Housing? - 09/19/08 03:58 PM
Hundreds of Billions of Dollars Spent and Now What?
Wow, the last two weeks have been nothing but incredible for both the financial and mortgage markets. Five companies ceased to exist within the NY Stock Exchange, all very much involved in the day to day activities of generating housing money.
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housing: Kindling a Plan to Tame the Wild Wild West of the Financial Markets - 09/19/08 01:42 PM
Well it appears today that the Bush administration has kindled a plan it hopes will quell the worst U.S. financial crisis in decades. The plan won't come cheaply, and would likely cost taxpayers hundreds of billions - if not close to a trillion in it's effort to buy up bad mortgages, and
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housing: Why don't they just give the money to the people? - 09/19/08 12:15 PM
My wife and I were watching the news for most of the morning today. We saw the candidates, the President, Chairmans of the Fed and Treasury, etc. The essence of todays news is that somehow or another the government is going to "buy" the inventory of bad loans from troubled banks. I
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housing: Atlantic City Real Estate, Always Turned On - 09/19/08 10:26 AM
Atlantic City and surrounding communities are a great place to live or invest in income properties.
Despite some negative press, Atlantic City is moving forward with major construction projects one of which is Revel's exciting new Casino that will rejuvenate the South East Inlet and revitalize continuing investment opportunities in residential
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housing: Ft. Sam Houston - Medical Education & Training Campus - 09/18/08 03:48 PM
The announcement was made yesterday that Fleetwood Enterprises Inc. will build new dormitories at Fort Sam Houston for the Army's new Medical Education and Training Campus development program. The homes will be built through Fleetwood's Trendsetter Homes division. The company will build 682 modular sections at its facility in Belton, Texas where
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housing: IS THIS REALLY THE WORST MARKET IN YEARS??? - 09/18/08 01:35 PM
Here's a quote I took from an article from the Southland Regional Association of Realtors, September 2008 Realtor Report:
"There were 6,950 active listings throughout the San Fernando Valley at the end of July, down 3.4 percent from a year ago. Of that total, single-family homes accounted for 75 percent of
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housing: Half Full In America - 09/17/08 09:11 AM
It's 6:30 in the morning, and I'm listening to the radio talk about the economic challenges facing America. Lehman Brothers, Bear Stearsn AIG, Wa. Mu, and others are facing challenges, and the rest of the economy may slide into recession. Putting all of that aside, why would you buy a
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housing: Denver Market has bottomed! - 09/16/08 01:32 PM
Denver housing
market bottom A few months ago
I wrote what I have been telling people for the last six to eight months, that I
think most of the Denver metro area housing market reached a low point in
pricing a early this year. During the last few days there has been
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housing: Spectacular Condo's for Sale In Honolulu - 09/15/08 07:27 PM
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housing: Good News for Current Market - 09/13/08 11:06 PM
For those of you with your head in the sand last weekend, or recovering from a Hurricane Party………..the Gov’t has announced it will be taking over Fannie Mae and Freddie Mac which allows the US Treasury to back the bonds offered by these companies. This added strength to the bonds and
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housing: We're in the eye of the hurricane - 09/13/08 07:10 PM
We are in a down real estate market. I said it! Things have shifted and it's taking a little bit longer for houses to sell. The good thing is that they are still selling!
The law of equilibrium will bring us back to an up market sooner or later. Just imagine
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housing: Mortgage Rates Fall-Good News for the Housing Industry - 09/12/08 03:19 PM
As predicted earlier in the week mortgage rates have fallen following the Fannie Mae Freddie Mac takeover. The average 30 year fixed-rate mortgage sank to 5.93% this week, down from 6.35% last week.
Additionally, it appears that home prices may be stabilizing in many parts of the country. Economists are hopeful
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