Going negative for growth
The Federal Reserve pays lenders interest on excess reserves. Would going negative jump start the recovery?
Read More
Tag: Lesser Depression
Popping the money illusion bubble
That’s right, you heard it from the lips of the great home pricing guru himself, Robert Shiller....
Read More
Mortgage interest tax deduction broken?
Do you think mortgage interest deductions increase the volume of homes sales to families in...
Read More
Why shouldn’t we hate Wall Street?
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.
Read MoreHigh-tier real estate’s foothold in California
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...
Read More
Taming animal spirits in client buy-sell behavior
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.
Read More
For Gen Y, bigger is not better
California is about to discover it has an oversupply of classic subdivision housing, according to...
Read More
Economic Forecast Conference predicts slow, steady growth
A cautiously optimistic light was thrown on the economic recovery of the Riverside-San Bernardino...
Read MoreThe votes are in: no 20% down payment mandate
Readers weigh in on topics affecting the California real estate industry.
Read MoreWealth from other nations: foreign investments in California real estate
This article identifies the growing contingent of foreign investors interested in purchasing California real estate and explains the basic investment strategy involved.
Read More
Damage control: restoring public trust in real estate professionals
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.
Read MoreA scarlet letter for (underemployed) real estate licensees
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...
Read More10 ways to beat the real estate crisis
This article provides tips for building your brokerage practice and creating personal wealth during real estate’s enduring bumpy plateau recovery.
Read MoreThe rise of “zombie economics”
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...
Read MoreYou’re sure you’re a shortsale specialist?
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.
Read MoreSelf-employed homebuyers: prepare for a bumpy ride
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...
Read MoreThe divided states of California
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....
Read More
