Aug 12 2011

The REport

Affordable and fun? Who wouldn’t want to live in an area with those attributes? In a quest to determine the areas that had both reasonably-priced homes and a plethora of restaurants and bars, we compared 6,106 U.S. zip codes and, drum roll please… Ocean City, Md took the top prize. Continue Reading

Jul 08 2011
Haboobs

Week in Review: What We Liked From the Week That Was

While 4th of July week usually send lots of eyes to the skies in search of spectacular fireworks shows, in Arizona, Mother Nature took center stage.  Haboobs -- or severe sand storms – darkened the midday skies over Phoenix and extended 100 miles wide.  The images coming out of the Grand Canyon Continue Reading

May 13 2011
Week in Review: What We Liked From the Week That Was

Week in Review: What We Liked From the Week That Was

As the Mississippi River flooded many cities along its banks and citizens downstream braced for the worst, the harsh realities of the real estate market in the past few years were made abundantly clear by a new report from Zillow. Home prices in 10 U.S. cities -- all in Florida and California, save Continue Reading

Apr 22 2011
Week in Review: What We Liked From the Week That Was

Week in Review: What We Liked From the Week That Was

One year ago this week, the Deepwater Horizon oil spill devastated the Gulf of Mexico region. Today, tourism is starting to return, a welcome sign that the area ’s fragile economy is starting to recover. Another welcome sign came last month, in the real estate market’s own March Madness of sorts. Continue Reading

Feb 24 2011
Financing, Financing, Financing ….It’s all in the Financing!

Financing, Financing, Financing ….It’s all in the Financing!

Five years after we entered this current downturn, some real estate professionals still attempt to close transactions through the sole use of traditional forms of financing. By traditional, I am referring to “30-year fixed”, “ARMs” and “Balloon” mortgages, yet these financial tools can hardly be Continue Reading

Feb 11 2011
Week in Review: What We Liked From the Week That Was

Week in Review: What We Liked From the Week That Was

The fate of Fannie and Freddie was determined on Capitol Hill this week as a proposal from Treasury Secretary Geithner laid out three proposals for reducing the government’s role in the housing system, including shrinking the role of the two mortgage agencies. There is likely to be much conversation Continue Reading

Dec 22 2010
Confidence

Confidence

Confidence (high or low) is one of the largest factors that impact our ability to achieve.  No matter your vocation or discipline, it has been long held that “your attitude determines your altitude.” For years, I have been fortunate to work with some of the greatest achievers in our industry; Continue Reading

Dec 17 2010
Week in Review: What We Liked From the Week That Was

Week in Review: What We Liked From the Week That Was

Joy to the American Dream!  According to a survey from Fannie Mae, 51 percent of people surveyed said the housing bust did not change their willingness to buy a home, and an additional 27 percent said it actually made them more likely to do so.  Topping the list of motivations is the ability to Continue Reading

Oct 25 2010
Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

With the tents officially up for the famous Big Apple Circus, the real estate industry is dealing with what has become a three ring circus of its own: the foreclosure chaos.  After only 24 days into its freeze of foreclosures in 50 states, Bank of America this week announced that in 23 states, it Continue Reading

Oct 01 2010
Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

First class stamps will stay at 44 cents since the Postal Regulatory Commission denied a United States Postal Service rate hike to 46 cents.  With a sharp decline in snail mail, some suggest the post office needs a new business model. It is another example of how every industry has to assess its Continue Reading

Sep 17 2010
Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

This week marked the second anniversary of the collapse of Lehman Brothers, an event which changed the way people thought of Wall Street and added terms to our lexicon like Too Big to Fail.  I can’t help but think back on the economic roller coaster we have been on and how it is still affecting the Continue Reading