by Rich Levin Your Opportunity to Lead. The following is based on my recent interaction with Agents across the country in a wide variety of markets. I realize that it contradicts the doom and gloom news that you will continue to read and hear in many places. Where...
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The great fiscal stimulus package … of 1929
Interesting history lesson... The great fiscal stimulus package ... of 1929 By Michael Kitchen, MarketWatch Last update: 12:01 a.m. EST Jan. 26, 2008 NEW YORK (MarketWatch) -- Lately, whenever the market has a bad day, the reflex among financial-news editors is to...
A day on the beach in China . . .
Here is one more reason our investment philosophy works so well... Flickr / nim
Best and Worst Places to Buy a House
Best and Worst Places to Buy a House by Danielle Babb Thursday, January 24, 2008 provided by Enterpreneur Whether you're looking for an investment property or a place to live, here's a look at the cities you should seek out and avoid in 2008. The housing crunch and...
U.S. real estate a ‘bargain’ for foreign buyers
U.S. real estate a 'bargain' for foreign buyers Many paying cash as dollar falls in value Wednesday, January 23, 2008 By Tom Kelly Inman News Two years ago, while attending a home-builder convention in Orlando, Fla., a top-producing local real estate agent was...
On $11 an hour, Jersey man made millions
by Karen Datko Paul Navone is one of those quiet millionaires next door. His friends had no idea he had money until he started giving it away -- $1 million to a college and another $1 million to a prep school. The 78-year-old retiree never made more than $11 an hour...
Fed chief raises expectations of more rate cuts
Fed chief raises expectations of more rate cuts Mortgage stocks rebound on rumor of BofA, Countrywide merger Friday, January 11, 2008 Inman News Federal Reserve Chairman Ben Bernanke raised expectations of further cuts in short-term interest rates in a speech...
Mortgage rates plummet on softer economic news
Great time to "stock up" on ultra-cheap debt. Note that the cheaper it is to borrow, the more inflationary pressure!!! Mortgage rates plummet on softer economic news Freddie Mac: 30-year fixed sinks to Sept. 2005 level Thursday, January 10, 2008 Inman News Economic...
Coast spared mortgage crisis
Coast spared mortgage crisis Sunday, January 06, 2008 By VETO F. ROLEY PASCAGOULA -- While the sub-prime mortgage crisis threatens to undermine housing markets across the United States, a leading real estate professional in Jackson County says effects from the crisis...
Pre-Depression Mortgages
From an e-mail I received: Hi Jason; What I have heard about mortgages prior to the great depression is that the only mortgages available were interest only balloon payment mortgages. From what I understand, fully amortized 30 year fixed rate loans are a...