The engine of our recovery is real estate, although all economic development is important right now. Jobs from construction!
ARCHIVED BLOG POSTS
Here's a quick update on housing, I've been asked a bunch lately, so thought I'd send it widely: In 2005 Enron and Tyco and corporate bad guys made the federal regulators crazy, so they decided to pick on every public company. This included Fannie Mae and Freddie Mac, two mortgage loan underwrite...
I haven't posted on Active Rain much for the last two months. Mainly due to the fact that the home building market continues to deteriorate in markets and time has been at a minimum. I did hear recently, or read in a news release, that the villains behind all the sub-prime woes and the market p...
I've decided to only post the good news, which of course appears to put me in the minority. Reporters and real estate agents alike seem to be pushing bad news as a way to create story.Some good news in real estate This comes from my good friend Adrian Jones in New York City who knows markets an...
I can't tell you how tired I am of negative chatter about our industry. I won't even repeat it all here. Purchasing a home, new or existing, is one of the most American and liberating things a family or couple or single person can ever do. Hands down it goes without debate that an "ownership' ...