homes: More on GREEN LIVING
- 04/27/09 11:44 AM
This is a follow up to my last blog. There is an article in the Wall Street Journal today title The Green House of the Future in which four architects provide illustrations of what Green Homes of the future might look like. The article concludes with all four architects in agreement on one thing (when you see the pictures you will agree it certainly was NOT design..lol) and that is Americans need to learn to live in smaller spaces if we are going to make an impact on the environment. When I look at the designs I wonder who is going to … (0 comments)
I am at the age and stage where I am pondering down-sizing and have been fascinated by all the possibilities available in Alternative Living. Over the years our families have grown SMALLER whilst our homes have been built BIGGER. I believe we are more comfortable, albeit less connected.
Was living in a tepee with a warm fire in the center around which the family gathered for meals and fellowship less civilized than living in a … (2 comments)
Just how much have home prices been shorn in California?
A LOT!
Believe it or not in 2006 the median price of a home in California was $576,000.
California median home price as of February 09: $247,590 (Source C.A.R.)
Now that’s a haircut!
<<<---- CHART SHOWS MEDIAN PRICE OF CALIFORNIA HOME IN 2006
Homes prices are now entering into BARGAIN TERRITORY, assuming of course that the economy doesn’t go over a cliff. In which case all bets are … (0 comments)
homes: CLOSED.... My First Short Sale
- 04/09/09 03:42 PM
Cha Ching!!! Finally manage to have a closing on a “short sale”. In case you dont know what a “short sale” is, its when the lender is willing to accept an amount less than the full price owed on the mortgage. A couple of years ago in Fresno the close rate on short sales was VERY low. Overtime this has changed and now the lenders seemed to be more agreeable to accepting a short sale. It makes goood sense to me. Foreclosures are very costly and from my experience the offers that are made when a property is in … (5 comments)
Want to buy a home? Got crappy credit? Next to nothing for downpayment? NO WUNKIN FURRIES MY FRIENDS --- YOU SHOULD QUALIFY FOR AN FHA LOAN! And seeing that the banks are eager to get the glut of non-performing assets (fancy name for foreclosures) off their books they will probably pay ALL OF YOUR CLOSING COST. What will it take for you to get a home?
A job - hopefully you've had one for the last couple of years. A credit score of 620 or higher (but I heard … (3 comments)
homes: Banks Starting to Walk Away on Foreclosures
- 03/30/09 03:01 AM
Has anybody read/posted this article from the NY Times/ March 30, 2009 NY Times By SUSAN SAULNY SOUTH BEND, Ind. — Mercy James thought she had lost her rental property here to foreclosure. A date for a sheriff’s sale had been set, and notices about the foreclosure process were piling up in her mailbox. Ms. James had the tenants move out, and soon her white house at the corner of Thomas and Maple Streets fell into the hands of looters and vandals, and then, into disrepair. Dejected and broke, Ms. James said she salvaged but a lesson from her loss. So … (8 comments)
homes: Fresno
- 03/20/09 06:56 PM
Spring time in Fresno is fabulous. Its time to do the Blossom Trail again! I captured this on a trip up into the foothills earlier this week
Actually been busy recently with escrows! Harder to blog when your busy - I dont know how some of these folks do it??? Sometimes I feel like I need to blog - but its really more like performance anxiety. For those of us who are older, keeping up with all the social networking technology is really quite a challenge.
has a job has not been late on their mortgage payment in the last 12 months is current on their state and federal taxes GETS THEIR INTEREST RATE MODIFIED TO 4% FOR THE NEXT 5 YEARS.
WHY ARE WE REWARDING INCOMPETENCE????
… (9 comments)
homes: GOT PASTA?
- 03/06/09 03:37 AM
I spoze if I'm going to announce the beginning of the Great Depression of the 21st Century I should offer some advice on how to survive it.
… (2 comments)
homes: Fresno CA Real Estate Market Update
- 02/25/09 08:37 AM
STRAIGHT SCOOP ON LOCAL POOP sm I noticed a home today owned by real estate broker (with an out of town address) has just had another price reduction. a few other details I observed:
The home has been on the market for 748 days The owner/broker is currently the listing agent and has been trying to sell it himself for over a year. The owner/broker had the property listed with another broker previously and after that listing expired the broker/owner RAISED the price $455,000 The current price is now $605,000 less than the price it was at with the … (0 comments)
homes: WELLS FARGO DOWN 25% ....
- 02/20/09 05:05 AM
...as the Great Depression of the 21st Century Begins... ...Stock is now trading at $9.15 after dipping under $9.00. Thus Wells Fargo joins GE as a penny stock. I might add that I used to bank with Wells Fargo but when I tried to get a loan for a used car ( a piddly $4000.00) they turned me down. I went to B of A and they gave me money for 3 cars. I switched to B of A.
UPDATE: WFC is now $11.14 -- Did I call the bottom? Is Lazarus a Contrary Indicator? ( I dont think so … (9 comments)
homes: Citibank Buying 50 Million Dollar Corportate Jet...
- 01/26/09 03:00 AM
...While the taxpayers are forking over billions to bolster to their balance sheet. I know that there are some of you who think this is absolutely atrocious. JUST PLANE DESPICABLE if you give an executive a GOLDEN PARACHUTE … ….he will need a nice new corparate jet to bail out of.
… (8 comments)
homes: I WANT SOME TARP!!!
- 01/25/09 05:11 AM
Who doesnt? "They're givin' money away for free.... Save a little bit for me...I WANT SOME TARP..." I saw this video this morning and it brightened up my day. Hopefully -- it'll do the same for you :)
Buying or Selling in Fresno CA? Contact Lazarus @ 559-301-1647 … (2 comments)
homes: U.S. entered recession December 2007, panel says
- 12/01/08 06:12 AM
Finally they see the light! Accordingto this Reuters News Article the recession begain in December of 2007. This would make my declaration of the Official Beginning of the Recession about a month off. Why rely on these numbers crunchers to inform you a year after the fact?
Lazarus - Real Estate Broker and Financial Prognosticator Extraordinaire … (3 comments)
homes: What Planet Am I On?
- 12/01/08 04:52 AM
Can somebody please help me understand what's going on? I am experiencing sever cognitive dissonance.People getting trampled to death in shopping malls and retail reports indicating sales are UP this year, while hundreds of thousands of people are losing their homes and the financial markets are the worse they've been since the great depression. it reminds me of Randy Pausch when he described the cognitive dissonance he was experiencing.
This is a follow up to my last blog. There is an article in the Wall Street Journal today title The Green House of the Future in which four architects provide illustrations of what Green Homes of the future might look like. The article concludes with all four architects in agreement on one thing (when you see the pictures you will agree it certainly was NOT design..lol) and that is Americans need to learn to live in smaller spaces if we are going to make an impact on the environment.
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