Between the revelations of Arnold Schwarzenegger, the allegations against IMF chief Dominique Strauss-Kahn and the declarations of 2012 Presidential election hopefuls, you may have missed news of a widely reported survey that found 54 percent of respondents do not anticipate a real estate recovery Continue Reading
Apr
15
2011
Week in Review: What We Liked From the Week That Was
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Fifty years ago this week the “Space Age” began when Russian Cosmonaut Yuri Gagarin orbited the Earth exactly once. Since then, a rover has been placed on Martian soil, a constantly orbiting International Space Station and a space telescope capable of seeing far away galaxies. What do you Continue Reading
Apr
08
2011
Week in Review: What We Liked From the Week That Was
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Advertising firm Adzookie put an offer on the table this week: Turn your house into a billboard and have your monthly mortgage paid. A few short hours after the offer was made public, the firm had over 1,000 applicants, meaning people are either desperate to make their mortgage, or indifferent Continue Reading
Mar
04
2011
Week in Review: What We Liked From the Week That Was
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I think this is such a tantalizing time of year. Spring-like weather comes in fits and starts before finally hitting its stride. Here’s hoping spring breaks into a jog soon! I’m not the only one with spring fever. This week, aside from stories about Charlie Sheen and Libya, there was a Continue Reading
Feb
24
2011
Financing, Financing, Financing ….It’s all in the Financing!
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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 Continue Reading
Feb
11
2011
Week in Review: What We Liked From the Week That Was
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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 Continue Reading
Jan
07
2011
Week in Review: What We Liked From the Week That Was
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In the words of Bob Dylan, "The Times They Are A-Changin'.” This week, the 112th Congress was sworn in and the gavel passed from democrat Nancy Pelosi to republican John Boehner in a changing of the guard that capped the largest mid-term election party turnover in 70 years. In the biggest change Continue Reading
Dec
24
2010
Week in Review: What We Liked From the Week That Was
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308,745,538: The population of the United States, according to the latest Census data. The data portrays a “new portrait of America” with a continued migration from the northeast to the southern and western regions. Overall, the country’s population grew 9.7%, the slowest growth rate since the Continue Reading
Oct
29
2010
Week in Review: What We Liked From the Week That Was
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As the worst storm in 30 years tore through the Midwest, the foreclosure tornado continued to sweep across the housing industry. Clean up in the Midwest will hopefully be swift; the same can not be said for the latter. A 50-state task force is hoping to change that by helping struggling borrowers. Continue Reading
Oct
01
2010
Week in Review: Things We Liked from the Week That Was
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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
Week in Review: What We Liked From the Week That Was
Let the countdown begin. The 2012 Summer Olympic Games are less than one year away! Has America gone country? Not so much, according to the U.S. Census Bureau that found that only 16% of the country’s population lives in rural areas, the lowest level in history. However, rural America may be Continue Reading