crisis: Fresno CA And The Economic Stress Test - 05/18/09 08:56 AM
The Associated Press recently released a map measuring  the amount of economic stress being endured by each county in the nation.
As you can see, All of California has been hit hard and Fresno is no exception.  

crisis: Alan Greenspan Addresses National Association of Realtors Midyear Meeting - 05/15/09 11:35 AM
Why the National Association of Realtors would hire the most prominent architect of the Housing Bubble to speak at their midyear meeting is totally beyond me understandable: they want to hear some someone "talk their book".  Greenspan certainly has the credentials.  His management of our nation's money supply fueled the bubble and lined the pockets or Realtors.  How can they not love and revere him?
I was particularly intrigued when I heard him say "We are finally beginning to see the seeds of a bottoming" which he immediately followed up with "NOT IN PRICES YET"  Folks, I would take that as a WARNING: we … (2 comments)

crisis: Lost Vegas - 05/15/09 09:58 AM
From Mortgage Business to Pole Dancer....another very depressing video on the housing bust.

crisis: Bankers Crunch The Numbers -- Then CRUNCH THE HOUSES - 05/05/09 10:37 AM
Here's the latest on the California Housing Crunch.  Bankrupt builders are leaving their creditors with nearly finished homes.  The banks, already upside down in the deals no they can never recoup their losses so the demolish the homes as you see in this video below.
Unfortunately the demolition makes sense because the besides finishing the homes the banks would likely be obligated to complete the streets, sidewalks, curbs, gutters, and all the rest of the neighborhood infrastructure.  Very sad, especially in light how many people don't have a proper roof over their head.

Randy "Lazarus" McAtee, Owner/Broker, Lazarus Realty,  Fresno California (Lazarus Realty)

Randy "Lazarus" McAtee

Owner/Broker, Lazarus Realty, Fresno California

Fresno, CA

More about me…

Lazarus Realty

Address: 1319 W Bullard #4, Fresno, Ca, 93711

Mobile: (559) 301-1647

Fax: (559) 438-7475

Email Me




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