Sean Purcell's (spurcell) Blog

There is a great scene toward the end of the movie Animal House.  The Deltas have decided to wreak havoc on the Faber College Homecoming parade.  The grandstand has been destroyed, floats are running amok, people are fleeing for their very lives and there is chaos in the streets.  One of the ROTC...

Last night 60 Minutes aired a piece on the mortgage crisis and how foreclosures have impacted communities like Stockton, CA.  I reviewed this show and I have commented on it more in depth here.  My question for the Active Rainers is this:  Are there some people that just do not deserve to own a h...

Last week I suggested to the Realtors I speak with each week that our theme be "A Great 2008", but we need to remember that more than just attitude is needed.  This is the time to talk about skills and confidence as well.  I often note that being a Realtor is similar to racing a triathlon: it is ...

There has been a lot of discussion in the press regarding the mortgage industry and foreclosures.  But in all of those discussions I have yet to see an accurate representation of what has happened (which is not much) and what is coming (which is another story entirely).  Our own local paper, The ...

At the beginning of the year, I predicted here that the newspapers would start printing stories that will actually help us.  Their headlines up to now have been less than kind to the real estate market, the real estate profession and especially the real estate mortgage profession.  One might sugg...

The Fed has done it again.  Known for over reacting to economic stimuli, the Fed announced today a surprise, 3/4% cut to the overnight rate as well as the discount rate.  Cause for celebration, right?  Maybe not.  Here are three of the possible ways that this plays out:The Good: people take advan...