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Author Archives: Jeffrey Smith
I am often astonished at the real estate “Guru” who charge outrageous (unpublished) interest rates for their products. As if their astronomical pricing isn’t bad enough, they offer time payment plans that are nothing short of usurious, making high credit card interest rates seem reasonable in comparison.
I recently sat through a yet another long-winded video pitch […]
Low interest rates are very enticing. I want to suggest caution, because an increase in interest rates will dramatically affect the value of real property. Real estate is a “borrowed money” business. The cost and structure of financing determines the income valuation of the property. Similar to bonds, the value varies inversely to the yield […]
I just posted an article on the 2013 apparent housing bubble.
April 2013, the more things change, the more they stay the same. It seems like Deja Vu all over again.
There are very few listed houses, multiple offers, bidding wars, double digit price inflation, and listed houses are on the market for a very short time. […]
In early January 2013, I became very ill with Labyrinth-itus, which is a viral infection of the inner ear that affects balance. I was very disoriented and nauseous. A family member is a doctor in another state and she said my symptoms were consistent with Labyrinth-itus and it may take up to eight weeks to […]
I added an article about “non-credentialed interlopers”. This a serious problem of folks fraudulently misrepresenting themselves as an owner, broker, or some other form of legal relationship with the principal party.
The problem of “non-credentialed interlopers” is growing. I am talking about folks who advertise properties for sale, especially apartment buildings, and when I request the […]