John's Real Estate Blog and Other Stuff

By
Real Estate Agent - Frank Rubi Real Estate

ARCHIVED BLOG POSTS

2007 

I recently read there is over a trillion dollars of securitirized low grade mortgages outstanding and three-quarters of a trillion dollars whose adjustable rates are slated to rise over the next year.  This means the other shoe hasn't fallen yet.  I believe until this is worked out of the system ...
08/31/2007
I overheard a senator from New York today blaming the credit woes on one company, Countrywide.  How do you like that.  Wasn't it the government who wanted to put everyone in a home.  Sounds like a typical politician blame someone else.  I also over heard an executive of a private bank and he was ...
08/29/2007
4 Comments
Looks like for the first time in my lifetime house prices will decline.  Seems we will have to pay the devil.  We had such a good run for so long it caught up with us.  How long and how deep it will go is anybody's guess.  Personally I think it will last for a few years.  You are fine if you boug...
08/27/2007
4 Comments
I keep reading and hearing about the great buyers market.  I know there are plenty of homes on the market.  I believe the vast majority of the sellers are only going to drop prices so far.  After-all they also will have to buy elsewhere at market price..This market price has gone up quite a bit o...
08/26/2007
3 Comments
I drove past several new developments in the Ponchatoula area.  This is about 45 miles West of Slidell where I live.  I guess there were forty to fifty houses all together.  I believe only three didn't have for sale signs.  There were also some developments that only had roads and nothing else.  ...
08/25/2007
1 Comments
This listing in Eden Isles features a nice home for the money.  There is a view of the 7th green of the www.oakharborgolf.comfrom the back patio or the upstairs porch.  Competitively priced below any comparable home in the subdivision.  Features include a split level home with three bedrooms and ...
08/22/2007
13 Comments
I received a phone call yesterday on a listing I hold.  I promptly and clearly asked the man if he had an agent.  His response was no he didn't.  So I made arrangements to show the property today to him.  I had the dual agency papers for him to sign.  All of a sudden he has an agent.  That's ok, ...
08/20/2007
Brand new subdivision one mile west of the Veteran's Memorial River Bridge In Wallace across the river from Lutcher.  Come and see Frank or myself from 3-5 today.  This subdivision is finally got it going.  The new highway will be finished later this year and these properties should appreciate on...
08/19/2007
9 Comments
I finally learned to turn my phone off after a certain time.  I actually got the idea from someone who commented on a blog I wrote.  I don't remember your name, but thank you.  This is probably the only thing I hate most about the business.  I find it hard to make " your time" your time.  Turning...
08/18/2007
Yesterday I bloged about the Eden Isles subdivision that offers waterfront living.  Today I am talking about The Moorings.  This is a newer subdivision of larger more expensive homes.  All of these homes are on water also.  The man made canals lead to Lake Pontchartrain.  T00 and up.  A very nice...
08/16/2007
Rainmaker
388,869

John Walters

Licensed in Louisiana
Whats my home worth?
*
*
*
*

Additional Information