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Education & Training - RealtyU
Thoughts and Commentary on Education, Training, Economics, Professionalism, Productivity and other things real estate oriented. RealtyU, CreateAPlan
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So here are a few predictions for 2008 ... lets see how well I do.1) Housing sales will increase in 2008 to 5.1 million units however the median sales price will be lower since many of the home sales will be distressed properties2) Investors will purchase roughly 30% of houses sold next year3) Ne...
12/28/2007
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Each year our company produces a Trends Report of the things that are impacting the real estate profession.  Not to spoil all the fun of reading the 2008 Trends Report, but ActiveRain is mentioned in the section on Social Networking and Sub-prime Meltdown is also discussed.It is interesting that ...
12/25/2007
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According to a Wall Street Journal article fraud is one of the major causes of some 50% of default sub-prime loans.  Fraud maybe something small like overstating income or some large and grand scheme.  The article sites examples of schemes in Atlanta that required at least 3 willing participants ...
12/25/2007
According to a Wall Street Journal Article, automobile delinquencies are on the rise.  The auto delinquency rate has been tracking up to the highest level in many years.  Approximately $575 Billion in auto loans are made annually.  According to the article 12% of sub-prime borrowers were delinque...
12/20/2007
Did you know that there is a violent knitting game?  Shocking!  As an advid reader of the Wall Street Journal I read an article on the front page center column ... those that read the WSJ will know what I am referring to ... about a knitting game based on the video game "Assassin"The rules go som...
12/20/2007
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Default notices in four of Southern California's major counties.  These numbers are from January through September of 2006 compared with the same time frame for 2007.  Shocking was the comparison of Riverside and San Diego counties.  Popular belief would be that the Inland Empire would be hit muc...
12/20/2007
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Fair Isaac Corporation is becoming more fair with the release of FICO 08.  This new system will better reflect a potential borrowers ability to repay pay taking simple steps in correcting some of the issues raised by consumer groups.  When you think about it, a FICO score can be the most valuable...
12/20/2007
Now for the scary part of last year's Real Estate Trends Report section "The Hangover".  The legislation that is going through Congress becuase of the subprime meltdown.The legal implications of "The Hangover" will impact the business well into the future.  "Mortgage Reform and Anti-Predatory Len...
12/17/2007
Each year we write a Trends Report which encumbaces the trends that may impact that next year or foreseeable future of real estate.  After reading last years publication and doing some research here is some follow-up from lasts years section entitle "The Hangover"One year late and countless headl...
12/17/2007
Recently several Ivy league colleges have changed their view on financial aid and who qualifies for aid and assistance.  The reason is the size of the endowments that some of these schools have.  Several of these endowments are BILLIONS of dollars ... Harvard is over $20 BILLION ... that means at...
12/11/2007
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Allen C.Wright

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Thoughts and Commentary on Education, Training, Economics, Professionalism, Productivity and other things real estate oriented. www.RealtyU.com, www.CreateAPlan.com