Recently, I purchased a new printer. Now those of you that know me, know that I do a lot of research before making a purchase, especially a tech purchase. Even though I am a real estate broker, I like technology. So I have chosen to build, maintain and implement all of our office technology. Herein […]
When you sell Crap as AAA, that is Fraud
January 25, 2012 By
We don’t have a problem with capitalism, we have a problem with crony capitalism. If the government doesn’t enforce existing law, they by default condone and promote more illegal activity. More laws will not solve a future scenario like the existing housing crisis, enforcing current laws, and prosecuting the fraud that occurred during the housing […]
Ode to Emma, Our Family Vizsla
January 20, 2012 By
About half of her energy was gone by evening, her eyes getting glassier with less expression. I was concerned when Penny brought Emma to the Vet in the early afternoon that I might not actually see her again. Fortunately I was able to spend one more night with her. She passed at 1:43 am. Even […]
Inflation or Deflation?
January 15, 2012 By
While I sell Real Estate, I think my natural inclinations are as an investor. And there is literally no place in the investing world where inflation or deflation will cause greater success or havoc, than in the world of Real Estate investment. This is because no other investment allows for such high levels of leverage, […]
Recent Economic Reads
January 14, 2012 By
I know it is pretty pathetic. Saturday night and I am blogging. Even worse, I am writing about a couple of good economic books that I have read lately. There are a couple of words you wouldn’t expect to see in the same sentence, “Economic book” & “Good”. The three books that I have read lately are: Exorbitant Privilege: […]
Economics is a Dismal Science.
January 9, 2012 By
If I were the dean of a college I would put the economics department in with the history department, or possibly the psychology department. Just the thought of associating the term “science” with economics is very misleading to all students and layman trying to understand economics and investment theory and downright insulting to scientists. The problem lies […]
Ben Bernanke – Between a rock and a hard place in Housing Market
January 7, 2012 By
Ben Bernanke is intentionally trying to devalue the US dollar to prop up the housing market. While I don’t agree with him doing this, I do understand why he is trying to destroy the dollar. Deflation by itself isn’t really a problem. I know that the word deflation is always associated with the Great Depression, […]
The Coming Bottom in Real Estate
March 15, 2011 By
In 1996, Penny and I had dinner at the “upper crusty” Canyon Club in Newport Beach with her great Uncle Bill. The conversation flowed to real estate and at some point great Uncle Bill emphatically stated that “It’s time to buy”. Not only was he right, he nailed it. You see, uncle Bill had been […]
Bank Repo’s and Short Sales – How Much do they Really Affect Prices?
November 2, 2010 By
It’s no secret that short sales and bank repos sell for less. These low sales didn’t affect sellers until the advent of the HVCC (Home Valuation Code of Conduct). This law, enacted by Andrew Cuomo, is an attempt to mitigate appraisal fraud. However, laws to regulate morality or integrity often do neither. If you want […]
How to Prepare your home for Sale, A video example – 1924 Fanwood
October 21, 2010 By
In these videos, we look at a home that didn’t need much work, but through proper home preparation, we were able to maximize the homes value with a few select improvements. Part 1 Part 2