Brian's Blog

The current financial market is in a state of flux and is becoming more and more constrained. Lending is tightening up and it is becoming more and more tough for people to purchase a home. President Obama is signing into law today, February 17, 2009 the $787 Billion Stimulus Plan that the governm...

Continuing from my last post of 2008 Year in Review: The Economy, Government and Financial Markets: January - September, this will show how the government really increased its efforts going through October in thru the New Year.  I will be continuing this blog with the current economic update in S...

On Monday, January 26, the National Association of Realtors said existing home sales rose 6.5% in December to a seasonally adjusted annual rate of 4.74 million units. Economists had expected an annualized rate of 4.4 million units and suggested that bargain prices are bringing buyers back into th...

In August of 2007, mounting losses on sub-prime mortgages and mortgage-related securities began to strain financial institutions around the world. The repercussions from these losses have triggered a period of severe turbulence in world financial markets. In response, the Federal Reserve, the U....

I attended a seminar given by Gary Watts, a real estate economist and Realtor. Here is an excerpt of the past financial market events leading to where we are now. This will give us an idea of where we are headed based upon where we have been: - Brian Richard, Realtor. Richard Realty Groups. 760-5...

Successfully Buying a Bank Owned Home - REO November 19, 2008 by Brian Richard There are an increasing number of bank owned homes available in the real estate market.  I am contacted almost daily on my website - www.BrianRichardHomes.com or through my advertising by potential buyers interested in...