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2010.03.01 | 2010.02.01

Tuesday, March 9, 2010

How to Get the First-Time Home Buyer Tax Credit 10:11 am est

Homeowners Hold Ground Against Rising Property Taxes 10:00 am est

Friday, March 5, 2010

Real Estate Coach's #1 Prediction for 2010
The real estate coach is a resource for real estate professionals to learn about and develop real estate skills.  I found their #1 prediction for 2010 to be very interesting:

1. Economic slim fast or sunshine on the horizon?
Higher unemployment and additional tax increases translate into less spendable dollars for housing. This means people can afford less resulting in more downward pressure on prices. On the flip side, sales  in California and Florida are up as much as 40 to 60 percent. Real estate has usually led the way out of past recessions. Furthermore, massive congressional spending will probably result in inflation. During inflationary times, hard assets such as gold and real estate are usually the best hedges.
 

Prediction: Provided the new health care bill and additional congressional spending doesn't completely sink the economy, expect to see an increase in the number of sales, price stabilization, and even increases in the first time buyer price range. On the other hand, look for a reduced number of Realtors who can afford to stay in the business if they face additional taxes plus possible mandatory payments for health insurance.

Reprinted from the Real Estate Coach

9:04 am est

Thursday, February 25, 2010

Proposal Calls for Fannie, Freddie to Be U.S.-Owned Nonprofits 11:58 am est

Thursday, February 11, 2010

Keynesian Economics

Keynesian Economics - the theory that the United States can borrow it's way out of debt.

In Keynes's theory, there are some micro-level actions of individuals and firms that can lead to aggregate macroeconomic outcomes in which the economy operates below its potential output and growth. Some classical economists had believed in Say's Law, that supply creates its own demand, so that a "general glut" would therefore be impossible. Keynes contended that aggregate demand for goods might be insufficient during economic downturns, leading to unnecessarily high unemployment and losses of potential output. Keynes argued that government policies could be used to increase aggregate demand, thus increasing economic activity and reducing unemployment and deflation.

11:30 am est

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