Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
Perhaps the bank “stress tests” should have included a prescription for Valium, for many banks seem more stressed-out than stress-tested. When the results of the bank stress tests were announced, the government proudly proclaimed that the banking system was sound, that banks would be able to handle whatever adversities the economy could dish out. The results also showed an expected baseline for unemployment and a worst case scenario, and Treasury Secretary, Geithner assured us that their calculations demonstrated that our banking system could withstand a worsening economy.
But the stress tests didn’t imagine that the economy might sink below their more adverse scenario. While it may have been difficult for them to envision employment levels sinking below those of recent recessions, that is the reality for the millions of jobless who have no prospect for employment. The stress tests’ worst case unemployment numbers have been exceeded in each of the first three quarters of this year; and today’s release of the numbers for August show that we’ve already reached their fourth quarter worst case projection.
According to the FDIC, 25% of our banks are currently unprofitable, suffering from mounting foreclosures, defaults from small business, and with a second wave of foreclosures looming on the horizon. Then, we have what some have described as the commercial real estate “landmine,” set to explode in 2010 with repercussions into the next year. With defaults including auto dealerships, hotels, malls, and retailers, our banks seem more stressed-out than stress-tested.
The government’s problem bank list has exploded in just over a year. In June of 2008 the list included slightly more than 100 banks, a number that had tripled by March, and that has now grown to more than 400. Some experts have predicted that there may be as many as 500 additional bank failures; half that many would be a disaster that would impact regional banks especially hard. While the government has demonstrated that big banks—with big lobbying budgets and friends in high place—will not be allowed to fail, the smaller regional banks pose a prime target with their balance sheets overflowing with defaulting construction, development, and commercial real estate loans.
The failure of several hundred community banks will wipe out the FDIC deposit insurance fund, and while the government, with taxpayer support, is providing loans to cover the shortfall, the amount only adds to the deficit. Worse, multiple bank failures will be a heavy blow to local business who depend upon “relationship banking” for loans and lines of credit. The “stress” from the banks, like a virus, may continue to infect the economy.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.