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Having spent part of my career in the Investment Banking Business I often would see on any downturn in the market the flood of people that would put in their sell orders and on any up turn they were also putting in the buy orders. Now if you consider
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The new lending rules have really put a damper on foreign nationals purchasing property. With the falling dollar, the foreign markets were a tantalizing market with the opportunities that existed with low prices and the difference in currency. However,
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It is articles like the following from the Wall Street Journal that should get more attention from those interested in the Truth! The Housing Crisis Is Over By CYRIL MOULLE-BERTEAUX The dire headlines coming fast and furious in the financial and popular
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With all the press and pundits talking about the doom and gloom scenario, they for some reason have failed to view the glass as half full. It is often said that the best teacher is history, so here is a brief history lesson. It was back in 1973 when interest
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Real Estate although painted with a broad brush by the press has always been a local market. It is impossible to make a claim that the Real Estate Market is up or down unless we explain that we are talking about more down areas than up areas in general
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April figures would have to be considered a positive sign that Southwest Florida is bucking the national trend by showing some positive signs. Since November we have seen some positive signs in the area of the median price of homes. This is largely due
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Our educational system is woefully short in the education of how our economy works and survives and stands as one of the strongest in the free world. Although our dollar was once the bench mark of the monetary system its current shortfalls are not predicated
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With the first quarter of 2007 now in the history books those that had been making all sorts of dire predictions of a market crash and bursting bubbles have been proven to be more alarmist than prophets. When good fundamentals are in place investments
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In Southwest Florida the days of multiple offers and lotteries for properties ended about two years ago. I am kind of happy and also sad about it. I am happy because we have turned to a much more normal market and the flippers are gone. I am sad because
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Market Watch News Press Coverage (2/21-07) This February event attended by several thousand people was less than what they expected. The two main speakers Frank D’Alessandro and Denny Grimes delivered less than anything earth shattering in their
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Flipper Leaves Florida No it’s not the dolphin, it’s the property flippers, those investors hoping to turn a quick profit on the buying and turn around sale of real estate. Speculators in the past often realized huge profits in a very short
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