hamp: Legislative Proposals to End Taxpayer Funding for Ineffective Foreclosure Mitigation Programs - 03/03/11 05:35 PM
So... today, 3 March 2011, the Insurance, Housing and Community Opportunity Subcommittee heard from Spencer Bachus, U.S. Congressman, AL-06 (Twitter Feed @BachusAL06), Judy Biggert, Congresswoman Illinois's 13th district and Subcommittee Chairman (Twitter Feed @JudyBiggert), Mercedes Marquez, assistant secretary of community planning and development for HUD, Neil Barofsky, special inspector general for the Troubled Asset Relief Program (TARP), David Stevens, commissioner of the Federal Housing Administration. Not one of these "Wizards Of Recovery" addressed the real problem with the revitalization of the real estate market.
Do you folks not get it! What the heck are you smoking up there on Capital Hill? … (2 comments)

hamp: DO YOU TRULY BELIEVE GDP IS GROWING? - 10/09/10 01:56 PM
It curls my hair, and I don't have any hair to curl, when the press spins economic news. Yes, it is true that the GDP reported a growth of 1.7% for the 2nd quarter of 2010 which is in fact on the positive side of "centerline"; however THIS GRAPH, obtain from the U.S. Department of Commerce Bureau of Economic Analysis http://www.bea.gov/ clearly demonstrates that our the US economy, as defined by GDP, is trending down.  You make up your own mind about where you think the next trend indicator will land for the 3rd & 4th quarters of 2010.
It is … (2 comments)

 

G-II Varrato II

Luke AFB, AZ

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Coldwell Banker Residential Brokerage

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My BLOG is published to help contribute mine and my wife, Lori Klindera, knowledge and experience of the industry, unusual transactions, and other industry related articles. We are REALTORS for over two decades, practicing first in Florida and now for the past decade plus, in The Valley of The Sun, Phoenix Arizona.


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