So with all the trainwreck-iness happening on Wall St. this past week, I was entertained by “The Best Business Meltdown Movies” on MSBNC.com, talking about how real-life scandals have inspired Hollywood for decades. So, because I love a bunch of these movies on the list — but not all of them — I thought I’d [...]
“The best time to buy, is when there’s blood in the streets” – John D. Rockefeller “Timing is everything” - Anonymous “Just Do It” - Nike Prolific words for today’s market. Actually, for this WEEK’S market. A more simplistic analogy for how some of these billionaires became billionaires – “buy low [...]
Good article on Bloomberg the other day. While it’s relative to the catatonic financial market, its message is definitely relevant in the world of real estate. Here’s the gem: The U.S. slowdown may be shorter than expected and private equity investors should start searching for bargains after valuations tumbled this year, said Mark Mobius, executive [...]
Ok, so this isn’t on the ridiculous level of your garden-variety Nigerian Free Money Scam. But it’s definitely something to beware of, so pass this on to your friends & relatives. Got it from the Chronicle the other day, and here’s the gist of it: A warning from the California Highway Patrol: If someone calls [...]
Since it’s such a mix of re-listings and price reductions, it appears there’s really nothing especially “new” in terms of listings this past couple weeks. Although, I must say, in the past couple weeks the total inventory in Redwood City single family homes went from around 199 to about 215. Here’s what’s currently active in [...]
(props to Rick Soukoulis for the great thoughts): It seems like more has been written on Fannie Mae and Freddie Mac in the past 48 hours than has been written in the past ten years. Confusing? Probably so. Looking past all the double-talk by the politicians and the Secretary of Treasury, there are some very [...]
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Realtor, Marathon Man, "Man of a Thousand Voices".