I’m going out on a limb here but I really do think when the dust settles and the hindsight clears this quarter will mark the start of the recession.
I had hopes it could be averted and I still have hopes it can be minimized but I am a realist.
When the Fed dropped the rates 50 [...]
Continue reading about We Are Already In A Recession, We Just Don’t Know It Yet.
Right now, there is no question I get asked more often than that one. I used to try to break it down and answer it by describing the fundamentals driving the many disconnected corrections around the country.
But, I grew tired of getting the confused hamster stare back at me. So, yesterday, I took a different [...]
Continue reading about When Will the Housing Correction End?
Wait, I am serious with that question.
On most of the housing doom and gloom blogs like housingdoom.com, housingpanic.com and literally hundreds of others, you see the blog author as well as those posting comments say they are smarter to rent than to buy and buyers are stupid and landlords are idiots, etc.
Well, you get the [...]
Continue reading about Why Would You Do Business With Someone You Think Is Stupid?
Seems that more than a few hedge funds were betting against the sub-prime mortgage backed securities. I guess they forgot the options available to the underwriters…
http://www.realestatejournal.com/indinvestor/20070608-kelly.html
http://www.realestatejournal.com/indinvestor/20070613-kelly.html
Are you tired of expensive seminars and boot camps long on hype and short on help?
Are you tired of gurus pushing expensive coaching programs to get questions about their books [...]
Continue reading about Sometimes Even Hedge Funds Get It Wrong
Okay, besides that whole comparison to used car salesmen and such. I’m not really talking about the image, I’m talking about the reality.
Yesterday, I was talking to someone in a casual setting in a public place. They asked what I did for a living and I told them. I didn’t mention investing at all in [...]
Continue reading about Why Do Some People Loathe Real Estate Investors?
How do you measure the credibility of a site? By the quality and accuracy of its content of course! But, isn’t interpretation of that content important too?
I don’t think it is a secret to anyone that I’m dubious of much of the “chicken little” type of reporting about the current housing correction. I showed in [...]
Continue reading about Don’t You Wish People Really Understood the Statistics They Cite?
I got a great email today.
Tim,
I was over at your favorite site today and one of the posts made me think. It was about why the housing industry uses median instead of average home prices when reporting market data. I got to thinking about that and the examples they give are pretty compelling and I’m [...]
Ever since I was pointed to Keith Brand’s blog I was puzzled and the more I looked into things the more puzzled I became.
He sold his condo in AZ near the peak of the market there, apparently to an investor from Chicago. It appears he still rents his old digs from that new owner. Ok, [...]
Continue reading about Okay, I Admit It, Sometimes I Just Can’t Let an Apparent Puzzle Go.
http://www.nydailynews.com/news/2007/05/19/2007-05-19_apartment_at_plaza_goes_for_a_big_sum_50.html
<sarcasm>Yep, the panic is setting in. </sarcasm>
Are you tired of expensive seminars and boot camps long on hype and short on help?
Are you tired of gurus pushing expensive coaching programs to get questions about their books answered?
You are not alone! The Field Guide for Real Estate Investors is a resource for any serious investor looking [...]
I have received a flood of emails from the contact pages where I offered those who really believe what Keith Brand at housingpanic.com spouts a way out of their pain.
Some have been details about houses they want to sell but the others have been really amazing sometimes.
Since I have spam controls in place here it [...]
Continue reading about I Have No Intention of Turning This into an anti-HousingPanic blog, but…
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