Home sales are at a 5 year low and consumer confidence is at a 2 year low. Here's an article in Investors Business Daily if you'd like some more reading on this subject: http://www.investors.com/editorial/IBDArticles.asp?artsec=5&issue=20070925 All this news has people talking about a recession.
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09/25/2007
I had my first coaching this morning and I'm excited. My coach Robert Sloat had a great attitude and I think they matched up my personality with a coach that is going to bring out my full potential. The session was only for 1/2 an hour but it's going to be once a week every week. This first me
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09/19/2007
I wanted to share this with everyone. I recently wrote about the rental market in California and how listing rentals is a good means for lead generation. On one of my rentals I had an older couple being helped by their daughter and unfortunately the guarantor did not have great credit and so my
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09/19/2007
The rental market in California is very hot. As people lose their homes they're rushing out to rent again but now their tastes are different. An apartment might not cut it for them anymore. Now we have a low supply of rentals because in the housing boom many apartments became condo conversions
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09/18/2007
What do I say when they ask if it's a great time to buy? Yes, (here comes the but...), but everyone has a unique situation. Some people are buying their first home, others a second home, then there's the professional investor, and the amateur investor. The first time buyers are usually the peop
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09/13/2007
I came into this business thinking that I can do everything on my own. I went to seminars, read books, and created a business plan. In my mind I didn't need anybody telling me what to do not even my broker. I am now singing to another tune as things get tougher and I begin to realize the wealt
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09/10/2007
I took my kids and nephews to their first day of school today and I find myself shaking a lot of hands and saying hi to many of the other parents. I'm really involved with the children's school and I get to meet a lot of great people at the school. My broker and another colleague also have chil
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09/05/2007
I know that the Fed does not try to react to what investors are expecting of them but how long do they plan to wait? Their minutes were released from the August meeting and they hint that they might have to change policy because of the tightening of money and deteriorating market conditions surr
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08/28/2007
Today was a huge wake up call for me and I want to share my experience with everyone so that you can warn your clients. I have a home that I'm trying to rent out and I posted the rental on craigslist. This person contacted me from the UK and I was real concerned because it was difficult for me t
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08/23/2007
