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CONSUMER CONFIDENCE CRASH
How’s our marketplace doing? Good, bad and ugly? How can that be? With about 25% of residential real estate loans underwater and more than 50% of loan mods in default after 9 months, it’s not just...
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COMMODITY OR INVESTMENT?
Is Real Estate a commodity? An investment? This came in from a local investor from the Daily Reckoning’s Bill Bonner. He contends that pre-1990 most Americans saw their houses as a commodity, where you...
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CONFUSION OR CLARITY?
Which are you FEEDING and which are you STRENGHTENING? Don’t get them mixed up! My “old” coach Richard Flint also says that “Behavior Never Lies.” Actions speak louder than words. Even Yoda-speak...
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EPA GETS THE LEAD OUT
Yesterday marked the beginning of what may be akin to Shakspeare’s “Much Ado About Nothing.” We hope. More will be required; more will be revealed (MWR2). One contractor I know says this will be no...
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WHO’s the MAD HATTER at YOUR TEA PARTY?
Lots of anger and frustration going on both sides of our political continuum. I just heard about the Coffee Party, a group of “liberals” formed in answer to the “conservatives’” Tea Party. What’s...
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ARE WE THERE YET? (the bottom)
It all depends who you talk to; as a country, most experts and pundits (an expert with ironic wit) say we’re not quite there yet. City by city, some are, some are not. Of course the index used most...
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UNREAL ESTATE
Or is it SURREAL ESTATE? Just when things were starting to level out the world goes a-kilter and tilts: oil-slick view waterfront property in the Gulf of Mexico, Icelandic ash-enriched resort...
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EXECUTION
Are we talking about lethal injections? No, we’re talking about TAKING ACTION, getting things done, EXECUTING. Making it happen. What’s the alternative? Nothing, literally and figuratively! Lack of...
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ACCURACY: IS “GOOD ENOUGH” OK?
How accurate are you with your figures? 90% would be fantastic in our marketplace. 50% is more like it. If you were a surgeon, you’d be out of business and/or in jail. Perspective. Two of the most...
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IT WAS THE BEST OF TIMES, IT WAS THE WORST OF TIMES
With apologies to Charles Dickens (A Tale of Two Cities), that pretty well describes our economy. Some are faring well. Too many are not. We continue to hear sordid tales (that would make Dickens...
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