John's Real Estate Blog and Other Stuff

Real Estate Agent - Frank Rubi Real Estate



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 ...
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 ...
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...
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...
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.  ...
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 ...
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, ...
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...
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...
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...

John Walters

Licensed in Louisiana
Whats my home worth?

Additional Information