From the category archives:

Finance

The impact of the bailout: Past Chief NAR Economist speaks up live!

October 7, 2008

Justin Zimmerman is a guy a met a few months back when he asked me to participate in his webinar series, Good Morning Real Estate (affiliate link).  I was glad to help, and was able to give a presentation about social media in real estate.
Justin has been building up buzz for the official launch of [...]

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Ricardo Bueno and Daniel Martin are Two Mortgage Professionals Delivering Value Through Blogging

May 31, 2008

There are A LOT of real estate blogs. I don’t know how many, but it is a pretty big number. There are a lot LESS mortgage professionals out there blogging. Why is this? I have no idea. I do know, however, that I have been very impressed with two mortgage [...]

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Dr. Lawrence Yun Is A Zebra

April 3, 2008

Last week, I had the opportunity to have lunch with Dr. Lawrence Yun, Chief Economist of the National Association of REALTORS. Of course, it wasn’t just me and him, the group was made up of myself and fellow bloggers Jim Duncan, Matthew Rathbun, Danilo Bogdanovic, Scott Rogers, Ben Martin and the CEO of the [...]

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Lunch With NAR’s Chief Economist, Lawrence Yun

March 18, 2008

It might not be lunch with the Queen, but I am nonetheless excited. The Virginia Association of REALTORS has provided myself and some fellow Virginia real estate bloggers an opportunity to have lunch with NAR’s Chief economist, Lawrence Yun.

Yun was recently named one of America’s Top 10 Economic Forecasters by USAToday. There has been [...]

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Bail-Outs, Personal Accountability, and Getting Booed

September 20, 2007

Last week, I told you what I thought about government bail-outs for the real estate industry. Yesterday, the Fed stepped up and took action. What the Fed did was more of a band-aid than a bail-out.
Not to be upstaged, and since politicians are generally moved by their insatiable need to do something, the [...]

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The Fed Takes Action; and Why it Probaly Won’t Affect Your Real Estate Transaction

September 19, 2007

Remember my post from yesterday about Ben Bernanke and Judo Economics? Today, we got to see the plan in action as the Fed announced a 1/2-point reduction in the federal funds rate. Wall Street rejoiced. You can read the announcement from the Fed here. For additional coverage, check out USAToday and [...]

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Does the Real Estate Industry Deserve a Bail-Out?

September 10, 2007

Over the weekend, I saw a post in my RSS reader from the Inman Blog that really got to me. It concerns the current state of the real estate industry, and how it has affected the residential construction industry specifically. The main story here is that the National Association of Home [...]

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Is the Mortgage Industry Sting Still on the Horizon in Charlottesville?

August 22, 2007

Just in case you have been in a coma for the last few weeks, the mortgage industry is reeling. Foreclosures are increasing, some lenders are unable to fund loans, lenders are closing mortgage units and laying off employees, and loans are getting harder and harder to find. If you watch the news too [...]

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Could the Charlottesville Market be Hurt by Weak ARMs?

May 4, 2007

The C-Ville Weekly interviewed me recently about adjustable-rate mortgages (ARMs) and the effect they may have on foreclosure rates in the Charlottesville area and the area market overall. The article ran in this week’s edition. Read the C-Ville article and let me know what you think.
As with most journalistic endeavors, they asked a [...]

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Don’t Buy a Home From Gordon Gekko

August 28, 2006

In 1987, Oliver Stone co-wrote and directed a very good film entitled, "Wall Street", if you haven’t seen it, I would recommend renting it.  One of the main characters in the film is played by Michael Douglas.  His name is Gordon Gekko.  Gekko is pretty much your average slimy corporate raider who loves to pillage, [...]

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