Archives for March 2007
I was emailed by an associate with WNYC to spread the word on the Leonard Lapate show tomorrow on the stories behind New York City buildings with Christopher Gray, writer of the Streetscapes column in the New York Times.
What intrigued me about the show was that they are using the internet to facilitate it. Instead of [...]
It looks like New Century Financial Corp. has been officially cut off from Fannie Mae. Which means that the company that underwrites 20 percent of new loans in the country will not do business with New Century.
Is that Taps I hear in the distance?
Fannie Mae, formally known as the Federal National Mortgage Association, notified New Century [...]
The recent data that came out for February, 2007, that housing starts were up by 9 percent is wonderful news for the building community, but this will be the eye of the storm as building starts as a statistic will collapse in the 3rd quarter of 2007. And that is not all bad.
In the [...]
Thomas Flatley is considered one of the top real estate investors in the country. He has kept a low profile but also took the investment in a single home and transformed it into a 1.3 billion dollar fortune. The self made immigrant is now getting out of his commercial holdings in New Hampshire and Massachusetts. The [...]
This one is a little off-topic for us, but not by a lot. Here’s Jim Cramer talking about hedge funds and manipulating the stock market:
Enjoy. Or whatever….
Selling in spring is the best time of the year to get the highest price for your home because there are more buyers home shopping during April, May and June…
I’ll be logging off tomorrow about 8:30 am PST, to visit with Charles Goyette on his radio show. If you are in the Phoenix area, you can listen in at KFNX 1100 AM, or you can listen via the internet here.
I’d love to have you stop by if you can make it.
Whatever substance these folks are using has got to be illegal, or should be. What about this makes sense? First we have this "good news": [Hat tip L for the links!]
The Commerce Department reported that construction of new homes and apartments rose by 9 percent in February to a seasonally adjusted annual rate of [...]
There is an interesting interview by Robert Scoble of Podtech with Glenn Kelman and Micheal Young of RedFin. They topic of the conversation is using technology to shake up the real estate industry.
The meltdown in the subprime market is slowly rapping up as 100 percent loans and loans to those with damaged credit have dried up in the marketplace. So what next, it is time for the Federal bureaucrats to come charging in and start their investigations. The SEC announced yesterday they are commencing on a broad [...]