Subprime Summation!

Saturday, February 23rd, 2008

I was at a party on Wednesday that included a group of brokers who specialize in "in-town" communities.We exchanged stories of our respective "war wounds" and found a united voice in blaming "sub-prime" loans. Although we were partying and being jovial, in truth, the market really has swung violently to the other side of the ...

Foreign investment is strong.

Friday, February 15th, 2008

Originally uploaded by TheHendriksGroup Due to a weaker dollar and the hesitance of the local population, foreign buyers are buying our bargains in droves. At fire sale prices, overseas investors would be crazy not to take advantage of the economic cards they have been dealt. We see this cycle happen every so ...