lexington ky real estate: Day Two What is Driving Today's Market
- 05/19/09 05:07 AM
What is driving today's market? The short answer is nothing really. It's like an empty car in neutral rolling down a hill. Yes it will roll, and it will go until it either runs off the road or hits something big enough to stop it. Why? How? Gravity. No not a tractor beam (Borrowed Stimulus Money) sent from the mother ship (Gov't) pulling it downhill, its gravity it has always been here. Compare that visual to today's burgeoning recovery (the car) which is starting to roll in many areas of the country the movement can be attributed to a few things. … (0 comments)
lexington ky real estate: Today's Market - Tomorrow's Market Part 1
- 05/18/09 06:43 AM
Today's Market - Tomorrow's Market Part 1 I doubt there is anyone out there than can dispute that the home buying and selling process, whether new or existing, is a vital and important aspect of any economy. The velocity of money which accompanies each transaction is enormous. With so many different beneficiaries from builders, suppliers, real estate agents, insurance agents and companies, bankers, investors, lenders, inspectors, repairmen, roofers, local, state, federal tax coffers, attorneys,, ....the list can go on for a long time I think you get the point. Each property sale creates enormous income for many, people, who in turn … (0 comments)
lexington ky real estate: Old BLOG Article Rescued
- 03/30/09 03:04 PM
I found this old BLOG post that I had totally forgot about from my first attempt at establishing a BLOG. See how you think I fared in my predictions...is that how to spell fared? Friday, January 13, 2006 2006 What Will This Year Hold? I will ask you and others to tell me your opinion on what this year will hold for Real Estate in Lexington or anywhere for that matter. I will get other in the field to coment also. My Opinion: Prices will cool off slightly, homes will be on the market a little longer than the last few … (0 comments)
lexington ky real estate: Finally a Positive Article from the Almighty Fed...not so fast
- 02/24/09 07:11 AM
While surfing the Internet today, I though I had finally found something positive, something promising regarding the economy and the recovery we are all hoping for to come soon. But like all "news" today that would have been too positive, too optimistic, too realistic???? Realistic?? Either this guy is living on a different planet, or the author of this article pulled some really old quotes from old Rich Hughes...maybe from late 2007? COPIED FROM YAHOO! Bernanke: Recession may end in '09; Stocks climb By TIM PARADIS, AP Business Writer Tim Paradis, Ap Business Writer - 15 mins ago
AP - Federal Reserve Board Chairman … (0 comments)
lexington ky real estate: TFBE #2 Back on Track
- 12/02/08 03:33 AM
OK back on track today. But first I must make one quick rambling thought about foreclosures. I can't figure out these lenders. They don't want these properties, right? They have quit foreclosing in many cases, which in effect allows a person to live for free in the home with NO incentive to maintain it, or they allow them to sit empty and deteriorate which costs them money. They buy them back at the court sale 95% of the time, bidding against all other purchasers, (there are many reasons I know and that is for a later post), they will not sell … (1 comments)
lexington ky real estate: Day One T.B.F.B.E.
- 11/25/08 05:31 AM
Foreclosure OK the time is here is the much anticipated, highly sought after Ty's Foreclosure BLOG Extravaganza. Can you sense the sarcasm? Just in time for Turkey Day, and you should add this to your items to give thanks for Thursday, a BLOG that is a total but entertaining waste of time, unless you are serious about capitalizing on investment opportunities, or helping people capitalize on them in this market. As the preacher at my church said Sunday keep in mind it could always be worse, and we should remember what we still have to be thankful for... After a weekend … (0 comments)
lexington ky real estate: Foreclosures...must be a magic word - Your invited
- 11/20/08 06:43 AM
...to Ty's BIG Foreclosure BLOG Event It is amazing to me (there goes my Freudian Keith Whitley fascination again) that by simply placing the word or words "foreclosure", or" short sale, REO, Bank Owned, etc.", into a property description gets so much attention these days. Of my listings the only properties that get any action lately have been the ones that are, or are on the way to being foreclosures, or for rent. Who has conditioned the buying public to look for these words? But is this really good or bad? I say both depending on who it is in relation to … (0 comments)
lexington ky real estate: Olympics Hangover = Slow Times
- 08/18/08 04:32 AM
I think I have officially figured out why the last couple of weeks have been a little slower than normal. Since the olympics are taking place on the other side of the planet, that means the TV programming times are the problem. Is it me or do you feel somewhat unpatriotic if you try to sleep when we are about to win another gold medal? Or if you want to see the fastest human on the planet show us why we should have claimed Jamaica as a territory when we had the chance hundreds of years ago. I am not sure … (3 comments)
lexington ky real estate: New "Tax Credit"
- 08/18/08 04:30 AM
Call me crazy, but am I the only one who sees this $7500 "Tax Credit" as simply a political sham? During an election year none-the-less. It it in theory good, yes, but I put it in quotations because its not a credit at all! Its really a 15 year interest free loan, that has to be paid back if the home is sold before its paid off. So is it just me or did this miss the mark for the intended beneficiary of the plan? Why because the average first time buyer only stays in the home for about 4 years, … (1 comments)
What is driving today's market?
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