Friday, February 27, 2009

Would You Pay $103,000 for This Arizona Fixer-Upper? - WSJ.com

Would You Pay $103,000 for This Arizona Fixer-Upper? - WSJ.com

Great article demonstrating the reasons behind the housing debacle.

Note the FEES paid to mortgage brokers were almost more than the value of the shack. Amazing.

Wednesday, February 18, 2009

When in Doubt, Use a "Ten Cap" | Commercial Real Estate | RCA

When in Doubt, Use a "Ten Cap" | Commercial Real Estate | RCA

Good article on the state of the market.

Are we headed for a 10-cap market? I don't think the Triangle will get there on average but in certain distress situations, you bet!

Wednesday, February 04, 2009

Reversion to Sanity, Buffett: Stocks are on Sale Again

Fortune: Buffett's metric says it's time to buy - Feb. 4, 2009

Good article here quoting the Oracle on his take on US Stocks. He says when the total market value of US Stocks are 70% to 80% of the GNP of the US that it is time to buy. As of Jan 23rd the article estimates this ratio at 75%.

I agree, please point me to some that are not run by incompetent liars....