Do you ever wonder how to deal with someone else’s opinion of you –especially if it’s negative? Not how to handle a negative or even rude opinion;early on you should have learned that politeness is how we handle almost any situation. No,I’m asking if you have a mechanism or coping skill for [...]
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The shadow inventory has been a topic of interest with almost every agent I talk to lately. Most believe it is large and few understand why it isn’t in the marketplace rather than held by the banks. Russell Shaw recently wrote about the shadow inventory being gibberish. It is an interesting article and one I [...] In the Introduction to Investing in San Diego real estate,I mentioned the idea of an Infinite Investment Strategy. The ideal investment is one which costs no money,takes no effort and provides a never-ending,safe return. If you find such an investment,please let me know. In the mean time,investing in distressed real [...] There was an interesting post yesterday asking Why Won’t Mortgage Rates Drop Below 5%?. Brian Brady answered the question with a supply and demand analysis and as usual,I cannot disagree with that reliable old tool (the supply and demand analysis… not Brian ). But I wonder,is there more at work here than supply [...] Last Monday Tiger Woods returned to Torrey Pines in beautiful San Diego,but not to golf. Instead he caddied for John Abel,winner of the “Tee Off With Tiger”online sweepstakes sponsored by Buick. This is such a great picture that I can’t help but fill in some dialogue. Mine is below. What do you [...] Michael Cook wrote a thought provoking post earlier entitled What Happens to the Early Worm. So thought provoking that I found my comments drifting to post length. So how about a little point/counter-point? Michael,a very detailed and thoughtful post. I would not disagree with you that cautiousness is a safe strategy (although not always [...] If you are a mortgage holder who is either struggling with crushing payments,bitter for having overpaid for your home during the bubble,or who has extravagantly refinanced when prices were rising,the government’s landmark $700 billion bailout package has an important message for you:stop making your mortgage payments. So says Peter Schiff,president [...] Lots of talking heads. Lots of outrage. Even a little fear. Keeping up with economic developments lately is taxing and I mean taxing in its most negative “IRS and April 15th” connotation. Last night Brian Brady and I were interviewing Matt Padilla for Bloodhound Radio. It was a great discussion and got me to thinking [...] Just for fun,let’s imagine a possible silver lining to the complete melt down on Wall Street. In this scenario,the next big shoe to drop will be access to consumer debt. No one is going to extend car loans,credit card debt,retail debt and so on. But this may not be all bad [...] | |||
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