Posted on September 11th, 2007 by Jeffrey Posner
You have to read this, I took it from Diana Olick’s blog on CNBC. Times are already becoming desperate!
It seems local New York City reporter Lou Young, of WCBS, came upon a story about two mortgage brokers in New Rochelle, NY, who lost money on an investment property and so, in order to keep afloat, […]
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Filed under: Mortgage News
Posted on September 10th, 2007 by Jeffrey Posner
Here is the time when the career jumpers are all leaving the industry. Countrywide has decided to lay off over 25% of their work force and others are soon to follow. This means on a local level too. If you just got into this industry and you are in it for the long haul then […]
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Filed under: Real Estate RSS Feeds
Posted on September 9th, 2007 by Jeffrey Posner
Have we not been talking about this for weeks, even months. The data lag is finally catching up with the news in the industry, or is it. Think of it as a ripple effect, first the industry people working the streets start to feel and see whats going on. Most of the time this feeling […]
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Filed under: Flipper Tips, Market Watch