As you may know, the Fed's are meeting today.It's a two day meeting, where they'll announce tomorrow.The statement will be released at 11:15 Pacific time.So there's a pause in the markets today.We've seen the 10 yr. react in a general upwards direction.It opened this morning at 4.87%It's still a ...

01/30/2007

Don't send mixed messages!

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It seems everywhere you turn around these days there is a new blog.It's become one of our favorite buzzwords.The corporate world has recently gotten into blogs.Sports Blogs, Food Blogs, Infomercial Blogs...The Today Show even has a blog!Here's a thought: If Matt Lauer has something to say, why d...

01/29/2007

The Right Answer

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As I was talking to a Realtor yesterday on Broker Tour,They had happened to see me on the 4 PM News where the host had asked me the question, "If you make $90,000 a year and have $25,000 in the bank can you afford to buy in the Bay Area?"The Realtor and I were having a lively discussion about wha...

01/26/2007

Existing Home Sales Report

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As promised, here's a better look at the existing home sales numbers with an eye towards the bay area.If you were watching the headlines yesterday, you saw the world coming to an end!It's the natural sensationalistic thing to do.Is that a word?It should be!Headlines like:"Existing Home Sales Tumb...

01/26/2007