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Homebuilders Buying Up Lots, Especially in Placer County
Reading Time: 2 minutesThere is a consensus out there that we are at the bottom or pretty darn close. – James Radler, a Roseville based land broker wtih Park Place Land Advisors of Irvine, CA They’re trying to position themselves without anybody knowing….
Bed, Bath & Beyond Cuts First Quarter Outlook; Federal Trade Commission Seeks To Block Whole Foods/Wild Oats Market Merger
Reading Time: 6 minutesIn other news from today, home furnishings retailer Bed, Bath & Beyond (BBBY), an $11 billion, S&P 500 company lowered its outlook for its 1st quarter ended Saturday June 2. It expects to earn between 36 and 38 cents per…
WaPo: Clock Is Ticking For First Time Home Buyers Tax Credit
Reading Time: 2 minutesEveryone coming through the door is talking about this tax credit. They know exactly what it is and when it expires, and they’re rushing. – Brad Cohen, Mason Dixon Funding, Rockville Front page Washington Post story today on the Nov….
NY Times: Some Say Let The Housing Market Fall
Reading Time: 1 minuteAs the economy again sputters and potential buyers flee — July housing sales sank 26 percent from July 2009 — there is a growing sense of exhaustion with government intervention. Some economists and analysts are now urging a dose of…
Excellent Steve Pearlstein Article On The Commercial Property Problem
Reading Time: 5 minutesLocal and regional banks have so many souring commercial real estate loans that they have begun to fail at a rate not seen since . . . well, you know. The latest was Colonial Bank of Alabama, which was rescued…
Top Gun FP Client Note: The Wisdom of George Soros
Reading Time: 16 minutesNOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …