investment: Homeowners Could Lose Their Mortgage Deduction - 06/09/10 04:54 AM
Ax May Fall on Tax Break For Mortgages SNIP:
"The popular tax break for mortgage interest, once considered untouchable, is falling under the scrutiny of policymakers and economic experts seeking ways to close huge deficits."
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Should homeowners and investors lose the tax deduction they now enjoy they would have to recalculate the value of ownership. I dont think it would bode well for property prices and it would certainly reduce the amount of disposable household income putting downward pressure on consumer spending during already frugal times.
(2 comments)

investment: Is Anybody Out There Watching the FREE FALL of Fannie and Freddy??? - 07/11/08 03:28 AM
Damn!  It's a friggin MARKET MELTDOWN!  Looks like America is going to hell in a handbag.
Right now FRE is down 33% to $5.32 and FNM is down 31% to $9.08
FRE was $63.00 just last October. NOW ITS A PENNY STOCK!
THIS IS NOT GOOD! 
 
 
(7 comments)

investment: You Know The Real Estate Market Is In Trouble When… - 04/15/08 08:20 AM
Get-rich real estate books also hit a slump Which is somewhat ironic because usually when these books are flying off the shelves and everybody is in a real estate buying frenzy you’re probably near a market top.
I am a real estate investor and a stock investor.  I have done fairly well with most of my real estate investments but I’m going to tell you a little secret - Lazarus has made far more money investing in stocks than in real estate.  There are several one-liners that I have heard about timing stock trades over the years which have stuck with … (3 comments)

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

Randy "Lazarus" McAtee

Owner/Broker, Lazarus Realty, Fresno California

Fresno, CA

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