Lesser Depression | firsttuesday Journal

Going negative for growth

by ft Editorial Staff | Nov 11, 2012 | Feature Articles, Finance, Interest Rates, Market Watch, Real Estate | 4

The Federal Reserve pays lenders interest on excess reserves. Would going negative jump start the recovery?

Popping the money illusion bubble

by Jeffery Marino | Jun 28, 2012 | Economics, Market Watch, Real Estate | 6

That’s right, you heard it from the lips of the great home pricing guru himself, Robert Shiller....

Mortgage interest tax deduction broken?

by Jeffery Marino | May 6, 2012 | Real Estate, Tax | 7

Do you think mortgage interest deductions increase the volume of homes sales to families in...

Why shouldn’t we hate Wall Street?

by ft Editorial Staff | Feb 6, 2012 | Feature Articles, Finance, Market Watch, Real Estate | 0

This article disputes the claim that Wall Street is a vital component of a thriving economy and argues the current mortgage lending environment actually stifles the upward mobility of the middle class.

High-tier real estate’s foothold in California

by ft Editorial Staff | Jan 23, 2012 | Investment, Real Estate | 0

Do you have access to high-tier listings in your area? Yes (55%, 21 Votes) No (45%, 17 Votes) Total Voters: 38 High-end real estate offices are demonstrating resilience to this Lesser Depression, as evidenced by the new firms...

Taming animal spirits in client buy-sell behavior

by Bradley Markano | Jan 4, 2012 | Economics, Feature Articles, Real Estate | 0

This article discusses popular misconceptions about the causes of the 2008 economic crisis, and how ungrounded efficiency-theory economists and very senior policy makers failed to recognize the clear warning signs emanating from Wall Street’s mortgage banking industry.

For Gen Y, bigger is not better

by ft Editorial Staff | Jan 3, 2012 | Economics, Real Estate | 3

California is about to discover it has an oversupply of classic subdivision housing, according to...

Economic Forecast Conference predicts slow, steady growth

by ft Editorial Staff | Nov 28, 2011 | Economics, Real Estate | 2

A cautiously optimistic light was thrown on the economic recovery of the Riverside-San Bernardino...

The votes are in: no 20% down payment mandate

by ft Editorial Staff | Nov 28, 2011 | Economics, Reader Polls, Real Estate | 3

Readers weigh in on topics affecting the California real estate industry.

Wealth from other nations: foreign investments in California real estate

by Jeffery Marino | Nov 9, 2011 | Charts, Feature Articles, Market Watch, Real Estate | 1

This article identifies the growing contingent of foreign investors interested in purchasing California real estate and explains the basic investment strategy involved.

Damage control: restoring public trust in real estate professionals

by ft Editorial Staff | Nov 7, 2011 | Feature Articles, Fundamentals, Real Estate, Your Practice | 3

This article explains why the public negatively ranked the honesty and ethical standards of real estate licensees and what licensees must do to improve their image.

A scarlet letter for (underemployed) real estate licensees

by Jeffery Marino | Oct 19, 2011 | Real Estate, Tax | 10

The Franchise Tax Board (FTB) and the California State Board of Equalization (SBOE) are keeping a naughty list, and trust us — you do not want to be on it. Its purpose is nasty, and made even worse in the bad economic times of...

10 ways to beat the real estate crisis

by Giang Hoang-Burdette | Oct 4, 2011 | Feature Articles, Interest Rates, Investment, Real Estate | 6

This article provides tips for building your brokerage practice and creating personal wealth during real estate’s enduring bumpy plateau recovery.

The rise of “zombie economics”

by Bradley Markano | Oct 3, 2011 | Real Estate | 7

The events that brought about the Great Recession, and the circumstances that have combined to transform that recession into an ongoing jobless Lesser Depression, are the result of widespread but erroneous beliefs about economic...

You’re sure you’re a shortsale specialist?

by ft Editorial Staff | Sep 30, 2011 | Feature Articles, Real Estate | 1

Part II of this article series examines the pedigree of a true “short sale specialist” and highlights the many tedious aspects of qualifying a negative-equity homeowner for a short payoff with his mortgage lender.

Self-employed homebuyers: prepare for a bumpy ride

by ft Editorial Staff | Sep 30, 2011 | Real Estate | 0

Lenders have responded to the housing crisis by becoming particularly reluctant to lend to non-W-2, non-“cookie-cutter” borrowers, giving self-employed individuals a particularly troublesome lending experience. Those who report...

The divided states of California

by ft Editorial Staff | Sep 23, 2011 | Charts, Market Watch, Real Estate | 1

While coastal regions continue to climb out of the jobless Lesser Depression, inland areas are wallowing in the doldrums, an unusually “bifurcated” California economy according to the third quarter 2011 UCLA Anderson Forecast....