The Palm Springs Real Estate Blog

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Real Estate Agent - Windermere Real Estate - Palm Springs - CalBRE# 01339266
Windemere Real Estate Palm Springs, Windemere Palm Springs South, Gay Realtor, Gay Broker, Palm Springs Mid Century Homes, Palm Springs Realtor

ARCHIVED BLOG POSTS

2009 

I received an "Important Notice" from Capital One "of a change in terms" regarding my account. The notice stated that "due to extraordinary changes in the economic environment, we're reviewing our existing credit card accounts. Having considered these economic conditions, your account's current P...
02/25/2009
I'm constantly thinking about the Mortgage Crisis and the Financial Meltdown currently being experienced throughout the world. I'm battling to understand why a problem created by people can't be solved by people. In essence, I'm trying to keep it simple and get back to basics. The basic system is...
02/18/2009
Buyers, Sellers, Brokers and Agents are invited to Search The MLS serving the greater Los Angeles area. Explore Single Family Homes, Condos, Income Properties and Leases currently listed throughout Los Angeles. Please call (310) 866-1818 or email me should you have any questions or require additi...
02/17/2009
CNN money.com recently featured an article that highlighted a disturbing trend: "Distressed properties, the foreclosures and short sales that have flooded the market, accounted for 45% of all deals -but these heavily discounted homes have also pushed median prices down." This means that "comps" a...
02/17/2009
While I certainly don't claim to be an economist or accountant, I do have a fair understanding about business and investments. AIG currently has a market capitalization of a mere $2.8 Billion. Compare this to the $125 Billion taxpayers have loaned to this company. (By the way, despite checking se...
02/07/2009
Timothy Geithner (the new Treasury Secretary) is scheduled to announce the new financial industry bailout plan next week. While I appreciate the urgent practical need for this assistance, I find it unacceptable that there is not a condition requiring the recipient banks to increase their lending....
02/07/2009
Rainmaker
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Palm Springs Realtor Stewart Penn

Windermere Real Estate - Associate Broker
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