Comments on: Foreclosures Top 1 Million, Record High Oil Prices, Unemployment Up, Dow Down 400 Points

By: real estate millionaire

real estate millionaire — Thu, 04 Dec 2008 22:27:54 +0000

Times are changing. Although it may not be moving in a positive trend as quickly as we would like it is definitely moving along. It will be some time when we will be able to notice a difference.

By: Auto news

Auto news — Wed, 17 Sep 2008 09:25:26 +0000

Now is very hard time when gasoline price is growing and growing every day...*Auto newss last blog post..Mercedes is Preparing Convertible CLR Class

By: Dave Jackson

Dave Jackson — Fri, 22 Aug 2008 00:18:00 +0000

The way I understand it, the federal government will be repaid on the zero-interest, nonrecourse loans. Loans for homeownership properties would need to be repaid within two years, while loans used to create rental housing would have a maximum loan period of five years. Dave

By: Rick Belben

Rick Belben — Sun, 15 Jun 2008 14:33:57 +0000

People in trouble with their mortgages need to be proactive and call there lenders and get the ball rolling. No a work out will not happen for everyone but some people will be saved by this.

It is not an easy process nor a fast one. A friend of mine applied to get a work out and it took over 90 days to get a response and unfortunately that was a negative one.

By: Faina Sechzer

Faina Sechzer — Mon, 09 Jun 2008 00:32:45 +0000

The increasing oil prices sooner rather then later could have an impact on residential real estate. Buyers may have to re-evaluate their buying criteria, how far they are willing to drive and how much they can afford to spend on housing given their increased spending on gas, oil, heating, etc. Places close to train transportation could become more desirable.

By: Utah Real Estate

Utah Real Estate — Sat, 07 Jun 2008 16:25:14 +0000

I think as soon as the oil speculators bust out everything should return to normal. Demand isn’t driving prices high its oil speculators who can purchase futures with only 7% cash upfront that are increasing the price of oil. This is why OPEC wouldn’t increase production because demand doesn’t justify it.

By: UK FX Mortgages

UK FX Mortgages — Sat, 07 Jun 2008 16:13:37 +0000

It’s looking like it’s going to be a very tough couple of years globally.

By: Paradise Valley

Paradise Valley — Sat, 07 Jun 2008 07:13:04 +0000

@ Gregory Bain:
“What about the choice between McCain and Obama?”

Don’t get me started… I can not stand ‘Billary’ or Barack Hussein Obama, Jr. (en.wikipedia.org/wiki/Barack_Obama)…
so my only choice becomes our local candidate, John McCain.

How did our government, spinsters and the like, manage to bury Ron Paul so early, decisively and quietly? Where’s Ron Paul when we need him… I don’t even feel like voting this time around.

Somehow (IMHO), voting always seems to be picking the lesser of 2 the evils (since there only ever seems to be 2 in the running, based on TV, newspapers, magazines, Web sites and so on).

Anyone else feel like I do on this?

Matt Pellerin – REALTOR
Realty Executives Paradise Valley

By: Gregory Bain

Gregory Bain — Sat, 07 Jun 2008 02:38:33 +0000

And, that’s the good news! What about the choice between McCain and Obama? Too scared to go to sleep?

By: Barry Cunningham

Barry Cunningham — Sat, 07 Jun 2008 01:41:11 +0000

Nice to know we live in ground zero markets isn’t it?