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April 9, 2009
It will not come as a surprise to anyone that banks all over the world have been in severe trouble as the global economic woes impact most segments of the financial industry. I have read numerous articles, and written a few myself, about when the bottom of this crisis would be reached. Back on January 9th, I happily wrote a post entitled Rebounding Markets in which I discussed the flurry of reports on the bottom of the economic markets having been reached. Read More
Posted in Banking industry, First Time Homebuyer, buyer, economy, purchase, refinance | 2 Comments »
February 24, 2009
In my humble opinion, one of the biggest concerns in a down market is consumer confidence. In today’s economic market, the stress level is “ORANGE” and always verging on “RED”. Half the reason for this is the negative press that is always put out there. Rich Dansereau has written a great article that talks about the new “stress test” that is being conducted. Without further ado, here is the article. Read More
Posted in Banking industry, economy | No Comments »
February 12, 2009
Learning of good news that surrounds the financial crisis is a great thing. Learning of good news that surrounds the Housing market and the mortgage crisis is even better. Rich Dansereau shares an article with us that points just to that. I think that it might just brighten your day to read this article knowing that things are taking a turn for the better. Read More
Posted in Banking industry | No Comments »
January 27, 2009
Most of you know the co-owner of PREP, Rich Dansereau. Rich has been in the Real Estate industry for almost 8 years now. His knowledge of the financial sector expands beyond the housing market and his insight is deep. I am honored to bring an article that he recently wrote on Rich Talks Real Estate. If you have not read the latest reports from NAR, then you need to read this article from Rich. Read More
Posted in housing market | 2 Comments »
January 9, 2009
If you are not familiar with this subject, then I recommend that you read the post below. Rich makes an excellent assessment of this procedure. For those of you that do not understand this program, it is actually a very good thing as this will not have an adverse affect on the neighborhoods. As always, if you have questions, then please ask. Read More
Posted in housing market | No Comments »
November 30, 2008
I, like many of you, have watched with hopeful optimism as the news of the Emergency Stabilization Act of 2008 or any number of the bailouts have been approved by Congress to help stimulate the economy. Please understand there is a distinct difference between being optimistic about what is being done in the name of economic stimulation and supporting the method being used. While you may or may not agree with the moves the current administration and Congress has taken, it is important to try to maintain an optimistic and positive attitude with regard to the success of those moves. Read More
Posted in housing market | 2 Comments »