Ethics, Honesty, and Up To The Minute Information
Yesterday, Thursday March 25th, the White house announced a new initiative to be revealed at 10:00am Friday. Immediately upon the release of the report, blogs went crazy with arguments for an against: “Why should I pay for others’ mistakes?” or “It’s about time”. The new plan from the administration is focused on giving lenders incentives to reduce principal balances for individuals [...]
Until today rates had remained pretty tame. Lower than they had been since the beginning of the year. As the day progressed several alerts came through my email account about potential re-pricing for the worse. All in all from the beginning of the day until the close of the bond market rates went up approximately [...]
This Friday morning started like any other. I made a list of items that I needed to tackle to get my fill of accomplishments and have some peace of mind as I entered the weekend. Finally, I could look forward to a couple of sunny days with great surfing conditions. Maybe they’ll even be a [...]
If we look back at the history of the latest real estate downturn, and according to Realty Trac, the current wave of foreclosures started roughly in July of 2007. In August of the same year the number of foreclosures peaked at close to 250,000 fillings. That monthly number is somewhere near what some call the [...]
As the first time home buyer and move up buyer credit gets closer to expiration it is quite apparent that there will be more activity of shoppers in a frenzy to make offers on the existing inventory. Another catalyst to create the “perfect storm” for some home buyers is the speculation that interest rates will [...]
If you are in the real estate profession and the word “transparency” is still foreign to you, you need to rethink your approach to establishing relationships with your clients. The Wikipedia description to “Transparency” is is: “Transparency creates an everyday participation in the political processes by media and the public. One tool used to increase [...]
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