Real Estate in the 21st Century

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Real Estate Broker/Owner
New ideas, comments and solutions to the problems facing the real estate industry, local communities and our country.
RECENT BLOG POSTS
  Suicide bombers kill 12, wound 110 in Dagestan, Russia By Reuters MAKHACHKALA, Russia - Suicide bombers killed 12 people and wounded 110 in attacks on a police post on the outskirts of the capital of Russia's Dagestan region, local investigators and law enforcement sources said Friday.  The att...
05/05/2012
From the BBC: Eurozone private sector 'contracts sharply' The eurozone's private sector contracted sharply in April and by more than initially thought, a survey says. The Markit eurozone composite purchasing managers' index (PMI) fell to 46.7 in April from March's 49.2. Any figure below 50 sugges...
05/03/2012
2 Comments
From the BBC: Local elections: Labour make gains in England and Wales Labour have won a string of victories in English and Welsh local elections, with Ed Miliband saying it shows his party is "regaining ground". The party has gained nearly 500 seats so far and taken control of councils including ...
05/03/2012
From the BBC:   Scores held as Montreal student protests turn ugly   Eighty-five people have been arrested as demonstrations in Montreal over rising tuition fees turned violent.   Police used pepper spray to quell the protest, during which windows of banks, businesses and cars were smashed.   Six...
04/26/2012
WINSTON-SALEM -- Winston-Salem police said the car driven by state Rep. Larry Womble (who is black) crossed the center line of a local street and collided head-on with another vehicle, killing the driver.   Authorities say 54-year-old David Allen Carmichael of Winston-Salem (who is white)died in ...
04/24/2012
  BBCNEWS: The two biggest teachers' unions have voted for strikes which could hit schools across the UK this summer and autumn. The National Union of Teachers voted for more strikes co-ordinated with other unions protesting against cuts to public sector pensions. Earlier, the NASUWT backed indus...
04/24/2012
This is a nice update on what the government might be doing in the next few months and next year.    Thanks Deborah. Does this mean more exposure for the public for private debt.  You bet it does!Changes to HARP 2012 The home affordable refinance program was reinstated to continue through  12/31/...
04/24/2012
Please check out Deborah Stone's informative blog on this.  The below was taken from the blog: Billed as HARP 2.0 the most significant change to the guidelines is the elimination of the 125% loan-to-value (LTV) cap allowing more underwater borrowers to refinance into lower rate loans. Other key c...
04/24/2012
2 Comments
I read today that Morgan Stanley will profit greatly from the continued credit collapse of Spanish bonds.  This is from the same company that, along with Goldman Sachs;  bet against the housing market here.  So let's look at the circle.  Our government, (already bailed out MS) continues to give t...
04/19/2012
Here are two links to the websites that promoted the party. http://twitter.com/#!/search/%23TexasBeachParty?q=%23TexasBeachParty http://txbeachparty.com/ 1 killed as Texas beach party turns violent By msnbc.com staff At least one person was killed and three hospitalized late Saturday when shots r...
04/08/2012
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Dale Terry

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