paddy deighan: Perspective on Our National Debt
- 10/22/14 02:29 PM
The US government’s debt is getting close to reaching another round number - $18 trillion. Our soverign debt currently stands at more than $17.9 trillion. But what does that really mean? It is important to put the number into perspective. It is such an abstract number that it is hard to imagine. Can you genuinely understand it beyond the realization that it is a number with a lot of zeroes after it. Zeroes do not matter, right?
Just like humans find it really hard to comprehend the vastness of the universe. We know it’s huge, but what does the debt mean? It’s so many times greater than … (3 comments)
paddy deighan: Housing Recovery Statistics May be Misleading...
- 06/01/14 06:59 PM
Housing statistics are easily misinterpreted. Additionally, some segments of the recovery may alter the overall statistics. Interesting information comes from Wolf Richter, via former White House budget director David Stockman. Obviously, it was not the weather suppressing sales for the 99% of homes. The top 1% of homes had astouding recovery statistices while the remaining 99% had lower sales volume.
From David Stockman:
As the saying goes, there are liars, damn liars and statisticians. LOL LOL LOL
paddy deighan: A Contrarian View of Free Radical Theory
- 05/24/14 06:42 PM
Past research has suggested that free radicals - occasionally harmful molecules produced by the body as it processes oxygen - contribute to the aging process. But new research from McGill University in Canada finds that free radicals may actually increase lifespan rather than shorten it. Free radicals, also known as oxidants, are unstable and highly reactive atoms that have at least one unpaired electron. They can be formed naturally in the body or can be introduced into the body from external sources, such as smoking or pollution. When free radicals interact with cells, proteins and DNA in the body, they … (0 comments)
paddy deighan: Update on Trulia Market Leader Merger
- 08/09/13 11:17 AM
For those that care about such things, the Trulia / Market Leader, Inc. merger is progressing steadily. Market Leader Inc. indicates that revenue was up 24 percent from a year ago during the second quarter of 2013 (as compared to the second quarter of 2012), to $13.7 million, and that a pending $355 million acquisition of the company by Trulia remains on track to close during the third quarter. The Kirkland, Wash.-based maker of marketing software for real estate pros reported a $2.8 million net loss, a 29 percent increase from the same quarter a year ago, as $1.1 million in … (2 comments)
paddy deighan: Las Vegas Meet Up Announcement
- 07/16/13 05:18 PM
OK, it is once again Meet up time. Kerrie has given us the dates!! I will hosting a Meet Up group in Las Vegas (the Giant Litter Box). Event will be hosted at the pool deck of Sky Las Vegas, 2700 Las Vegas Blvd S Las Vegas Nevada 89109. Sky is located across from that pillar of Vegas progress, The Fountainbleu!!! Event will be held August 19, 2013 from 2PM to 6 PM. Wine and refreshments will be served!! Bring your swimsuit and tanning lotion too!! Therte is hot tub, sauna and resort style pool for our use! Our last … (2 comments)
paddy deighan: Marketing 101 that Applies to Any Business
- 03/31/13 06:05 AM
I recently enrolled in an Acitve Rain contest. The challenge was to blog about market shifts and how they affect your marketing strategy. I love AR contests, they are imaginative, fun and useful. I began thinking about past successes and I reminded myself that no matter what you do in regard to marketing, it is likely that the vast majority of your new business will come from referrals. I was further reminded of my work with Jay Abraham. For those of you who may not be familiar with Jay, he is a foremost marketing and business strategist. He launched Tony … (1 comments)
paddy deighan: Happy New Year!! Some New Years Perspective on Housing and Lending!!
- 12/31/12 01:13 PM
Real estate is at its most affordable rate in recent history. In my opinion, the real estate market cannot claim to be fully in “recovery” until lending loosens up. Sadly, most homeowners will not be able to take advantage of the great deals out there using conventional financing. According to the Wall Street Journal, lenders are unlikely to ease up on their credit and lending standards in 2013, and “buyers shouldn’t expect that getting a loan will get easier anytime soon.” According to Realtor Magazine a recent spate of refinancing activity has actually contributed to this trend, the report adds, because … (1 comments)
paddy deighan: Thoughts in the fiscal Cliff as We Approach New Year
- 12/31/12 12:38 PM
As I sit watching TV during the countdown to a New Year, there is a lot of press coverage of the looming "fiscal cliff". I recall some insight from some colleagues in the tax attorney sphere, They apparently have consulted with the Congressional Budget Office (CBO) as well as both parties. Apparently, the largest transfer of wealth in the history of The United States is due to take place during the next six years. The first wave of baby boomers will pass weealth to their children in the form of estate (inheritence) revenue and consequently, estate taxes. Apparently, the CBO estimates … (1 comments)
paddy deighan: My Marketing System that Works For Me
- 12/29/12 04:00 PM
Everyone has a system...professional gamblers have a system...anyone directly in sales has a system that they must follow. However, most professionals do not have an organized, structured system. I have developed what has been working exceptionally well for me. I designate 1-2 hours each day on SEO and networking. I refer to this as "BLETWORKING" because it involves my blogs. Many people advocate doing this first thing in the morning. MY sustem is that I do this late at night because this is peaceful time. The phone is not ringing; the TV is not blarring; I put on my favorite music … (11 comments)
paddy deighan: MLS and "Re-Listing" Issues
- 05/25/11 07:02 AM
Many real estate investors contractually arrange to be able to immediately list the property for sale (at a higher price). Legally, there is no problem with this (if done correctly). For example, I recommend stating that the seller is a "contract buyer". This removes the property from the stigma of being a short sale since the contract buyer is paying cash and re-selling as the "B" buyer in an A to B to C transaction.
This has served investors well. However, a problem has developed with the MLS. The MLS in some areas (and presumably more in the future) will … (1 comments)
paddy deighan: Real Estate Investment Considerations for New Investors
- 05/21/11 10:17 PM
With the tremendous number of investment opportunities available today, many investors find themselves wondering where to begin. Some investors discover that it may not make sense to invest in their own market, so they investigate opportunities in other states. Other investors find that there are so many investment opportunities specific to their area, that they become overloaded with information and confusion sets in. Whatever the case, investors intuitively know that there are good investments to be made right now. What is really interesting, however, is the vast universe of information and opinions that exists concerning where and what kind of investment … (0 comments)
paddy deighan: Housing Prices Drop for the 57th Consecutive Month...
- 05/21/11 09:44 PM
Zillow announced last week that home values have fallen for a 57th straight month. This is clearly not good news for anyone but, it has hit beneficiaries of the $8,000 tax credit for first-time homebuyers particularly hard. The Wall Street Journal, announced that the first time home buyers (that purchased as a result of the Obama tax credits) have “lost twice as much to falling house prices as they gained from the incentive”. The initiative began as an incentive for first-time buyers, then it was expanded to include a $6,500 credit for existing homeowners who made a new purchase. The program … (0 comments)
paddy deighan: Housing Prices Drop for the 57th Consecutive Month...
- 05/21/11 09:41 PM
Zillow announced last week that home values have fallen for a 57th straight month. This is clearly not good news for anyone but, it has hit beneficiaries of the $8,000 tax credit for first-time homebuyers particularly hard. The Wall Street Journal, announced that the first time home buyers (that purchased as a result of the Obama tax credits) have “lost twice as much to falling house prices as they gained from the incentive”. The initiative began as an incentive for first-time buyers, then was expanded to include a $6,500 credit for existing homeowners who made a new purchase. The program … (0 comments)
paddy deighan: Interesting Statistics on Foreign Real Estate Investment and Cash Buyers
- 05/21/11 08:55 AM
The National Association of Realtors (NAR)reports that foreign clients and investors spent $41 billion in the United States last year, and that does not include the additional $41 billion that “individuals with visas to stay for more than 6 months” spent in the same period of time. To put that into perspective, these figures represent approximately 8 percent of the entire U.S. housing market in the one year period from March 2010 to March 2011. There is an interesting twist to these figures. Historically, foreign investment in US real estate was in the higher end of the markets - by a … (2 comments)
Author Bio: Paddy Deighan earned his Juris Doctorate and PhD Paddy consults with taxpayers in regard to tax liens, tax levies, tax levy, offer in compromise, tax debt, tax settlement
The US government’s debt is getting close to reaching another round number - $18 trillion. Our soverign debt currently stands at more than $17.9 trillion. But what does that really mean? It is important to put the number into perspective. It is such an abstract number that it is hard to imagine. Can you genuinely understand it beyond the realization that it is a number with a lot of zeroes after it. Zeroes do not matter, right? 
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