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in Real Estate
Lots of interesting data to consider today. Trends can be a scary thing, particularly when they remind us of places we have already been! Check out todays show as we look at the market from a couple of perspectives to see if there is any reason to be worried
in Real Estate
Curious, do you remember "bubble boy"?
I cried - a lot.
How about "housing bubble"?
I cried - more.
Call me old fashioned - but I enjoy movies that get the water works going.
However, I don't like experiences that do that, unless they are tears of joy.
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Tom O’Grady, CEO of Pro Teck Valuations Services, joins the broadcast to discuss a possible housing bubble. Pro Teck was established in 1977 and provides appraisals, BPOs, automated values, real estate analytics and desk reviews.
Department of Urban and Housing Development (HUD) HUD VASH Voucher Program
Broadcast Date: Wednesday, August 26, 2015
Broadcast Time: 11:00 a.m. (PST)
Guests: Jennifer Ho, Secretary’s Office, Department of Urban and Housing Development (HUD)
Hosted By: Dustin Luce, VAREP Co-Founder
Show Description: Jennifer Ho will discuss the VA and HUD’s collaboration to end veteran homelessness through the HUDVASH Voucher Program.
Guest call-in (646) 378-0809
According a recent Core Logic Report, Distressed sales—real estate-owned (REO) and short sales—accounted for 9.9 percent of total home sales nationally in May 2015, down 2.8 percentage points from May 2014. Distressed sales shares typically decrease month over month in May due to seasonal factors, and this distressed sales share was the lowest for the month of May since 2007 when it was 5 percent.
Within the distressed category, REO sales accounted for 6.4 percent and short sales made up 3.5 percent of total home sales in May 2015. The REO sales share was the lowest since October 2007 when it was 6 percent. The short sales share fell below 4 percent in mid-2014 and has remained stable since then.
The ongoing shift away from REO sales is a driver of improving home prices since bank-owned properties typically sell at a larger discount than short sales. There will always be some level of distress in the housing market, and by comparison, the pre-crisis share of distressed sales was traditionally about 2 percent. If the current year-over-year decrease in the distressed sales share continues, it would reach that “normal” 2-percent mark in mid-2018.
Joining me today to discuss housing and mortgage trends Rick Sharga, Executive Vice President at Auction.com. Since 2003, Rick has been an industry spokesman covering the US Housing Market, Mortgage Industry and Real Estate trends, Rick’s is a sought after speaker and has been featured on Bloomberg, CNBC, CNN, FOX Business, MSNBC and other radio and news outlets.
Auction.com is the largest nationwide online auctioneer of real estate
Financial expert and regular network contributor Jordan Goodman is just back from China where he has seen all the makings of what he considers to be a housing bubble ready to burst. Endless residential and commercial construction, giant buildings and shopping centers with no tenants - so called Ghost Cities' - and an economy that can no longer support the massive build-up.
"What we have is a recipe for disaster in China and we are seeing it now with wild Chinese stock market fluctuations affecting world markets. The scariest thing however is that unlike what we saw in the US in 2008, this collapse will be much bigger and potentially more destructive to the world economy", says Goodman.
Goodman traveled all across China by rail where he saw with his own eyes buildings going up in cities too small to support their growth. Complicating the economic problems in the world's second largest economy is that China has no property tax therefore the only revenue cities can count on is real estate construction and sales.
Is a housing collapse in China inevitable?
How will it affect our economy?
What should the average American do to brace for the worse case scenario?
is it too late to prevent a housing collapse in China?
PimpPreacher.com Today on Church Folk Revolution Radio we will talk about the Pastor Housing allowance scam and how your pastor is getting over on you.
The guys return to the interwebz to remember another wrestling great who has passed from this earth. Your favorite co-hosts break down their favorite moments that collectively are known as The Hot Rod Rowdy Roddy Piper! The legend who manned Piper's Pit which inspired the SHOW to be what it is today also changed the bagpipe industry and could take over an entire episode with one promo. Help us remember the good old days before it was Sports Entertainment! Play those bagpipes boys!
Uwa Onyioha-Osimiri, PhD, is the Spiritual Head of the Global Faith Ministries of Chiism, president of the African Women Economic Consortium and founder of Chiist Higher Learning Corporation.
Dr. Uwa Onyioha-Osimiri is the President of the Chiist Higher Learning Corporation (CHLC). This organization is the accrediting body for Chiist University, for which she is the founder and Chancellor. It is also the umbrella corporation for Global Faith Ministries of Chiism (GFMC) and the African Women Economic Consortium (AWEC).
Dr. Osimiri was an official delegate to the United Nations World Council of Religions for Peace (WCRP) first Africa's Most Senior Religious Leadership Conference on HIV/AIDS and Orphaned Children. It was held in Nairobi Kenya, on June 9-12, 2002. An Ambassador for Peace, she has participated at the International Leadership Conferences sponsored by the Federation for World Peace, in Washington, Hawaii and Virginia. She is instrumental for initiating the Village of Hope, a housing initiative to affect the care of African orphans.
POLITICAL ANIMALS: Adlai Stevenson--Poem about Dogs
Caligula (Little Boots) Insane roman emperor--Most Famous quote" They have to suffer first..."
Ramon Magsaysay---Filipine President who fought the HUKS--Communist--Magsasay was killed in a mysterious plane crash
Frederic March--aka Mcintire Bickle--Democratic Party stalwarts
Dan Rather CBS Correspondent 1968 Chicago Democratic Convention--Audio extract
Daniel Schorr CBS Correspondent\
AUGUST 31ST births-deaths & events relevant to us(a) HUD US Dept. of Housing & URban Development founded 1965--Robert Weaver, First Secretary of HUD --Black American
Media Dumbing down the english Language---
***Migrants from Africa & the Middle east are described as" Migrants"
***Migrants from Mexico-South America --Canada---"
Undocumented immigrants ! Don't they have birth certificates? Drivers's licenses? High School Diplomas?
AMICUSVERITAS---VERITAS USA San Francisco!-California & The Nations needs a Renaissance-Renewal & Reform!!!
Change has been faces but not political practices
in Indie Music
Tony Walls (born 1993), better known by his stage name Yung Ka$h Boi , is a rapper from the Cypress Village housing projects in West Oakland.
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