This exchange, between blogger Barry Ritholtz and renowned investor Felix Zulauf, caught my eye: Ritholtz: In the US, we only have politicians who tell people what they want to hear, and very few who say “Here’s some medicine, it’s going to be uncomfortable, but you got to suck it up because the alternative is far...Read More
Milestones in a Deal If you’re an office manager, stop reading here. If you’re not . . . continue. So, when is a real estate deal really a done deal? It’s not when the last signature lands on the last blank line in the Purchase Agreement. It’s not the technical, legal definition, i.e., when the...Read More
Thanks, Nobu! In contrast to the baseball save, which happens in front of a stadium full of fans (and millions more watching on TV), the “real estate save” happens quietly (in fact, the quieter, the better) — and often late at night (like tonight). That’s when my desktop publisher (and fellow City Lakes Realtor) Nobu...Read More
Ancillary Fees (& Taxes) Loom Larger If you have to ask how much something costs . . . you can’t afford it.–Author unknown One of the anomalies of today’s housing market is more properties discounted to the point where their purchase price is suddenly very attractive — the more so with interest rates seemingly falling...Read More
Corporate Campaign Contributions In Citizens United v. Federal Election Commission, the Supreme Court decided that corporations could spend as much as they wished at any time, assuming there was no direct coordination with the candidate. In doing so, the court overturned its own precedents and refused to distinguish the free speech rights of corporations and...Read More
