Every day someone asks me if anyone can get financing to buy homes any more. I usually answer them by telling them that they need to quit listening to all the doom and gloom in the media. Then I answer them, that yes, buyers can still get financing. Although the number of mortgage companies that [...]
Back in the fall of 1999, Hutchinson Technology had a significant layoff (about 700 employees if I remember right), and so I went back to my records to see how the housing market in Hutchinson was affected. The first thing I found was that the vacancy rate of rentals increased significantly. Many of the laid [...]
Tomorrow one of Hutchinson's major employers will be laying off a significant number of employees. In a way, I'm sure that most will be glad when tomorrow is over. The employees were told about a month ago that there would be a large layoff starting Jan. 12. I haven't spoken to a single employee during [...]
Recently I had an opportunity to purchase some stock in a company that I am familiar with. I knew that the stock price was great, but I was worried about the market in general, so I decided not to invest. Now, less than a month later, the stock has doubled, and here I am wishing [...]
For the past 10 years or so, people considered their home an investment because prices continued to climb and people were enjoying increased equity at a faster rate than ever before. Now, in the past couple of years all that has changed. But a home is still an investment. It's an investment in family, neighborhoods, [...]
Who has time to research all the many sites for social networking? Having a type-A personality, I have very little patience in trying to maneuver around all the various sites to figure out what each one has to offer. I have the same frustrations when it comes to all the real estate technology. I read [...]
