Real Estate and Collapse of the Economy

The game is over, with the computer trading gone wild. The 1,000 up and down moves in the Dow of Thursday are the last draw. We need the Glass- Steagall bill, the separation of the bank deposits from the investment derivative casino. Time to listen to LaRouche, the webcast is today.

The real estate blowout is continuing, this time in the commercial real estate. In fact, we could soon have a dead economy. The economy needs help, with the need for Federal credit and lots of infrastructure, construction and other jobs. But, before that we have to end the gambling casino game. The game must die, of derivatives, side bets and options and poptions.

Foreclosures and Gold are Up

Gold and real estate foreclosures are up. Where can you sell gold in NY? Well, Manhattan Gold Buyers Albert and Sons Jewelry INC is located in New York City’s Diamond District Specializes in buying gold in New York. Albert and Sons is family owned and operated and has been in business in NYC for over 20 years. Take a look at realtytrac.com and see if there are some foreclosures for you to buy. Just be aware that the future is not bright until we get the national bankruptcy reorganization.

Managing your Real Estate

Do you need Real Property Management in Ohio? A lot of people bought properties to invest in, even single-family houses and are now stuck with them? My friends do property management in Toledo, Columbus, Cleveland and Cincinnati and Northern Kentucky. You might have bought some property during the height of the housing boom. You planned to flip it quickly and get rid of it and make some money. Sadly, things did not work out that way. Instead you got stuck with the property as prices rapidly headed downward. Now, the only choice you have is to put the property on the market as a rental unit. What if you have no time or experience managing rental units and being a landlord? The property that you bought may be in an entirely different section of the country than the one that you live in. This type of service is invaluable and can include tenant criminal background checks and more. Get maintenance services, accounting, financial reports. And if all else fails and you have a bad tenant, you can also get eviction services.

Foreclosures and other Real estate news

Is it worth buying foreclosures? The prices are definitely down, so that is something to think about. The key thing is also to get a fixed mortgage loan that is payable in a fungible way. San Antonio foreclosures, way down in the heart of Texas seem to be a big thing. San Antonio has become a big city. It has passed 1 million in population and there are a lot of things going on there. You can check out the schools and other neat statistics, brought to you by my friends at nationalrelocation.com

Also worth checking out are Texas mls homes. You can get all the listings of new homes, old homes and foreclosed homes and real estate as well. You get some real time information about where the average prices of homes is way down. You get the information you need to get a good deal.

Las Vegas, Nevada has for a long time been the city of dreams. Las Vegas condos have been desired by many, but for long the price has been going up. They have become out of reach for many. Now is your chance when the prices go down. As long as they keep building some water projects to Las Vegas, in the desert, and they better keep doing that, people seem to want to move there. I guess the climate is just fantastic, the recreation and shows overwhelming, and the fantasy just can't be beat.

Obama is being Puffed Up, When will he Crash?

Obama has been puffed up by the media, the question is when will he crash? His crash is being prepared around the Rezko case. Anthony Rezko has been described as a "slum lord and political fixer." Barak Obama has already had to apologize about receiving over $100,000 in contributions from Rezko and Rezko linked people, and this is only the beginning. Rezko's bail was revoked after it was revealed that the source of his bail money is a Mr. Auchi, a billionaire of Iraq-origin, now living in London, UK. His trial is scheduled to begin on March 3rd, 2008, just before the next big set of primaries, in Ohio and Texas.

The real question is, with all these potential scandals, why has the financial establishment been covering his butt? She is being used to knock Hillary Clinton out of the Presidential race. The Wall St. crowd is not happy about Hillary's call for a 90-moratorium on real estate foreclosures, and a five-year freeze on raising of Adjustable Rate Mortgage interest rates. They want to be bailed out, and that is all.

I Want to Get Away, I want to Fly, Yeah!

With the economy about to crash, this may be your last chance to get away. Cheaper than hotels can take you to a lot of interesting places in Spain, like the Costa Del Sol Torremolinos Hotels. First there is Torremolinos, Spain. Torremolinos is warm and on the water, and the hotels look fabulous. There is even a kosher hotel there. The special today is the Melia Costa Del Sol Hotel only 100 Euro, presumably, per person and double occupancy. The prices at the Adriano Hotel seem unbelievable, only 45-euro/per day/per person. Admittedly it is a 10-minute walk to the beach, but there are plenty of bars and nightclubs in the vicinity.

Recommended by friends at www.cheaperthanhotels.co.uk.

You may also want to check out the hotels in Marbella, also a resort town in Southern Spain. The Costa Del Sol Marbella Hotels are a pretty good deal. This seems to be the place for the in-crowd, like rich tourists from Germany, and other places in Northern Europe. The Park Plaza Suites Apartments in Marbella are going for 375 Euro a day, presumably with space for the whole family. Also on the Costa Del Sol is Benidorm. Benidorm Hotels
are popular with the British population, and they have an overwhelming presence here.

Further north in Spain is Barcelona, and the city of Sitges. Sitges Barcelona Hotels. It is south of Barcelona, which of course is not Costa del Sol anymore, but it may be a good place to go in the Spring and Summer. Just don't let anyone persuade you do buy any real estate while you are vacationing in Spain. The housing bubble can collapse there too.

Look Up to the Sky

Anyone on your Christmas gift list interested in telescopes? Well, it seems we have the place. At the website opticsplanet.com they have Meade telescopes, Galileo telescopes and so many others. Perhaps if the financial system really does burn up totally, there will be a super nova in the sky. Or perhaps a few comets will be set off by the remnants of the real estate bubble.
Optics Planet is also the sponsor of the Astronomical League, a network of over 200 astronomical societies throughout the United States. I have a friend I need to tell about this, since he has been building homemade telescopes for the last 20 years or so. An 8-inch Meade telescope is marked down from over $3,000 to only $1,999, and that includes the autoscan setup and software.

Other things you can purchase from this provider are microscopes, digital cameras, GPS devices and a whole lot more. For you folks who like to go off into the woods, there is also a lot of military and hunting gear, from flashlights to Jove knows what.

Oh, on the telescope thing, you can also purchase a 3 inch telescope for only $70, so you don't have to knock off your local savings and loan in order to buy some nice student a telescope. Anyway, with the mortgage collapse, your local bank may already be "withdrawn."

I Feel Fat

It's true, I do feel somewhat fat, that is, overweight. If you really are overweight to the point of endangering your health, you can get a LAP BAND procedure. That is short for a Laparoscopic Adjustable Gastric Banding which is also known as LAGB or the LAP BAND System procedure. The LAPBAND Adjustable Gastric Band is designed to help you lose excess body weight.
Through tiny holes in your stomach, long narrow instruments are inserted, and a band is put around your stomach to create a smaller stomach pouch. Since, you, in effect have a smaller stomach, you eat less, you feel satisfy, and you can thus rapidly go down to a reasonable weight. The Journey Lite has several facilities, which are the houston weight loss center, in Texas, as well as facilities in Tampa, Florida, and LA, California. Now if only the real estate crash could be solved so easily.

Want to Get Cheap Insurance?

Getting cheap car insurance can be difficult. Often an advertised price is only for those drivers with a perfect record. A few tickets for speeding, or for a bad left turn can cause higher 6-month fees of a substantial nature. The best approach is to shop around for the best policy. What company has a reputation for dealing with claims in a prompt and friendly manner? Make sure you cover what is necessary. With a new, or late model car that you are still paying off, you must have collision coverage. A better type of covergage will even pay for car glass that is destroyed by theft or vandalism.

Both car insurance and home insurance are necessities of life. Your home needs to be insured against theft and fire damage, considering the large amount of money that you have invested in it. Flood insurance is necessary as well in many localities, and also to get as much insurance against possible burglarly and theft. You make a major investment in your home and possibly other real estate, and cannot afford to lose it.

Republicans and Real Estate

In the face of the real estate collapse and so on, the Republicans are crascking up. Milt Romney, the so-called leading Repub. Candidate is a right-wing lunatic. Of course, John McCain is virtually washed up. What is even more interesting is the high dropout rate from the Republican leadership in Congress. Maybe they can't stand Dick Cheney any more, and are dropping out of politics. Of course with the collapse of the real estate bubble, the Republicans seem set to take the blame, with their wild rhetoric for "free enterprise" and cheering on the biggest bubble in history, including the real estate bubble. Ironically, the free enterprise gang is now demanding to be bailed out by the Fed Reserve and the Treasure, to the tune of the Fed Reserve buy up of hundreds of billions of MBS and ABS. (Mortgage Backed, Asset Backed Securities).

Eight-term Republican Congresswoman Deborah Pryce (R-OH) announced today in Columbus, that she will not seek re-election, citing family considerations. Pryce was the fourth-ranking Republican when the GOP controlled the House before the 2006 elections. She is the third House Republican to make such an announcement recently, as the GOP chances in the 2008 election move closer and closer to zero. The others are former Speaker Denny Hastert and Ray LaHood of Illinois.

Is it time for more real estate action?

You can believe what you wanna believe, but as the song went, you don't
have to live like a refugee!!! Sure the whole real estate bubble could pop, and
home values in some areas can go down by 50%, but still Joe, you and your
family still need a place to live. With business bad, you may be getting
special deals from contractors, sub-contractors and the like. So if you can
get a construction loan why
not go for it.

The interesting thing is you can also use these loans for a
home renovation, which
overall, may be a cheaper and nicer option than going fully into the real
estate market. My sponsor thinks, in any case that this may be the right time to
do it, baby.

Yes, maybe the Ice Age is coming, like the song goes, the sun is zooming in.
And then there is always (the fantasy of) global warming. However, if the
politicians get their act together, perhaps normal life can continue. If it does,
why not consider even a home equity loan. Good luck, I think we're all going to need it.

While the real estate bubble continues to deflate in many areas, there are frantic efforts to keep it up in other crucial places. Real estate has unfortunately been turned into a commodity like anything else. And is this acceptable under the preamble to the US Constitution, that establishes the goal to secure: life, liberty, and the pursuit of happiness.
That is not John Locke's trio of life, liberty and property. So if speculators are holding on to real estate, unoccupied, isn't that a form of a crime. It certainly could easily be taxed into oblivion. You own your house, you may have a small country or beach house, everything else should be taxed at a very high rate if you hold onto it for a long time. If you are holding on to something for a few months to sell it that is one thing, but no more hoarding of goods.
That's why this whole mega deal between either Blackstone or Vornado, and this creature called Equity Properties or whatever stinks to high heaven. If these buildings are worth so much, why is much of the housing market collapsing. Is the commercial market the next to go? Good questions.