RECENT BLOG POSTS
As we know, a raise in the conforming loan limits would probably help our current situation. Would you agree? Think about it, by allowing them to purchase mortgages beyond their current loan limits, we would establish some more liquidity in the current market. And I'm not just talking locally. H...
09/05/2007
What is our Fed Chairman Ben Bernanke doing to walk us out of this Credit Crunch? Here's what he had to say in a letter to Senator Charles Schumer, D-N.Y. [You can read the rest of the article by Market Watch here]"It might be worth considering at this juncture whether the private and public sec...
08/29/2007
In an earlier post I commented on how the Fed's move to cut the discount rate was seen as a prelude to a cut in the Fed Funds Rate. Chief Economist Dr. Irwin Kellner shares his insights as to why the Fed needs to cut the discount rate in his article: Why the Fed Needs to Drop the Other Shoe"The f...
08/29/2007
Recapitulemos: La hipoteca de tarifa fija 30-year hizo un promedio de 6.52%, abajo a partir del 6.62% la semana pasada. La hipoteca de tarifa fija 15-year hizo un promedio de 6.18% , abajo a partir del 6.30% la semana pasada. El BRAZO de un añ0 hizo un promedio de 5.6%, abajo a partir del 5.67% ...
08/27/2007
Let's Recap: The 30-year fixed-rate mortgage averaged 6.52%, down from 6.62% last week. The 15-year fixed-rate mortgage averaged 6.18%, down from 6.30% last week. The 1-year ARM averaged 5.6%, down from 5.67% last week. Last week's economic reports indicate a continued decline in housing activit...
08/27/2007
It's somehow engraved within human nature to simply get through the day rather than getting FROM the day and that's the fundamental flaw on our road to success. We take steps daily to just get by. When instead what you need is to step back, assess your system, and make changes. It's as I said in ...
08/22/2007
Let me start off by saying that despite the fact that this may have been some one from the marketing department and not Timothy Wennes himself, the comment was made and it's there and it's good spin :) Now, the story...Recap: On Monday I wrote a headline piece stating the latest news on the Count...
08/22/2007
Eye Level Pasadena is a local Pasadena blog written by Jill Davis Doughtie, a local Pasadena resident. Now for those you interested in the local Pasadena Real Estate market and relocating to Pasadena, but you're really attached to your home, you gotta see what this home owner is doing... [READ ON...
08/22/2007
According to former Federal Reserve Chairman Alan Greenspan: "Households own $20 trillion in Real Estate assets. Almost twice the amount they own in mutual funds and directly hold in stocks." Do you think these households could use our help? [The way I see it, with people leaving the industry on ...
08/21/2007
Amidst this credit crunch, I asked a client of mine what they thought about Countrywide and all the hype of a possible bankruptcy. His response: "I don't think they'll go under, or rather I hope that they don't. They're the nation's #1 lender and as such we need someone like them to give us confi...
08/20/2007
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Ricardo Bueno

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I work for Diverse Solutions, Inc. a real estate technology firm based in Irvine, CA. We offer Mapping IDX Solutions and a WordPress IDX Plugin to make real estate agents more successful. Overall, I'm passionate about marketing and technology for the real estate industry!