CategoryIndustry Happenings

October 17, 2011

Curb Your Capitalism… The Federal Open Market Calamity and dis-Interest Rates

By Tony Salloum

12 Min read

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17October

As short-term political motivation sullies the sanctity of central banking, presumptuous open market meddling, unrestrained by the boundaries of logic, makes a ticking time bomb of Federal Funds. It’s time we meditate on circumstance, accounting for the rational and the hardly so. Let’s see: inflation without spending? A stagnant, yet expanded money supply? At what point did capitalism become so...

August 2, 2011

Fair Housing Act: Be careful. Watch what you say.

By Davis

6 Min read

1 comment

02August

Providing housing for every man, woman, and child is the social and humanitarian goal, and thus, a government concern. Consider the following: [Government involvement = Regulation] and [Regulation = Risk for PM]; thus, according to the Transitive Property of…Property Management…Gov’t involvement equals risk to property managers. The Fair Housing Act protects the rights of those seeking homes, and...

July 24, 2011

Innovation Accelerates: Tech…nergy?

By Davis

4 Min read

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24July

I was just speaking with a property manager, and somehow we ended up having a lengthy discussion about the seemingly accelerated effect that technology has on business and life in general.  Before dismissing this as “duh," (for lack of a better term)…[re]consider a few specific words I included in this otherwise over-generalized statement: “…accelerated effect that technology has on business..."...

July 11, 2011

How Should I Invest my cash? Advice on Condo Investments and More

By Tony Salloum

9 Min read

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11July

Today we field a great question from one of our RentPosters in California. It’s a great opportunity to discuss the ins and outs of condo investments, the current real estate market, and the future of the U.S. economy. Read closely, you will not want to miss this one, as we review the economic forecast for the coming decade. “J” from California writes: Tony,  I am a very...

June 6, 2011

U.S. Government Axes the Use of Paper Checks… Follow the Lead, Property Managers

By Tony Salloum

4 Min read

1 comment

06June

In a statement released May, 2011 by the U.S. Department of the Treasury, Rosie Rios, Treasurer, formally ended the use of paper checks for Social Security and federal benefit payments. ONE HUNDRED TWENTY MILLION DOLLARS! The simple change keeps $120,000,000 in taxpayer pockets, saving “more than 1 billion [taxpayer dollars]” over the next ten years. The electronic payment solution implemented by...

October 15, 2010

Friday Morning Links – All Real Estate Agents

By Tony Salloum

1 Min read

3 comments

15October

Not many newbie real estate agents, but here’s a few tips to those going for it never-the-less: 6 Steps to Becoming a Real Estate Agent . It might help for you veterans to revisit your roots. Speaking of you veteran agents, it seems that there are a few ways to keep business moving during a recession. Wonder why the savvy real estate investors always stay on top of the game? Well, it might...

August 6, 2010

The Tipping Point: Mortgage Servicers Need to Put Proof Where Their Interest Is

By Michele Murray

18 Min read

6 comments

06August

Home ownership is the pinnacle of the American Dream. Our current housing crisis illustrates the societal and institutional failure of protecting individuals trying to obtain this goal. Homeowners facing financial difficulty are frequently unable to negotiate with their mortgage servicers, and often times must file for bankruptcy in a desperate last attempt of maintaining their home. Due to...

July 19, 2010

Real Estate Agent Tips for 2011

By Tony Salloum

7 Min read

2 comments

19July

Few felt the financially tragic effects of our economic collapse in a way similar to commission-based real estate agents. Many aim to endure the economic storm with hopes of brighter days to come; however, if agents ignore the market shifts, the sun may never shine again. Changes are many and all of different origin, some direct and others indirect; regardless, time to assess what has happened...

June 16, 2010

Delisted: Fannie and Freddie Share Prices Plummet

By Tony Salloum

2 Min read

1 comment

16June

I yearned for the exoneration of Fannie Mae and Freddie Mac, but my voice, amongst many others, apparently has fallen by the wayside. I concede that stockholder concerns should, in this case, play second fiddle to the task of fueling America’s mortgage engine, but I still see this as a governmental maneuver to guise lethargy with an appearance of reform. Fannie Mae and Freddie Mac have been...

June 5, 2010

Real Estate Market Collapse: Whose Fault was it?

By Tony Salloum

8 Min read

2 comments

05June

The trend is to leave all fingers pointed to Fannie Mae and Freddie Mac, the two government sponsored companies who repurchase and are in control of nearly 90% of the mortgages in our country. In essence, they are the driving forces behind mortgage lending in this county. However, to blame mortgage repurchasers is a very superficial approach, and shows a very superficial understanding of the...