Day

October 31, 2010

Financial e.coli

Laws, Sausages — & Securitized Mortgages Laws are like sausages ” it is best not to see them being made. –Otto Von Bismarck To “laws” and “sausages,” now add “securitized debt,” circa 2004-2008. It turns out that Wall Street’s financial sausage factory was even more toxic and laxly run than previously thought. The latest chapter...
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Is the (Home) Buyer Serious? Here’s One Clue

Requesting a Sat. Showing on Wed. I don’t have any statistics backing me up, but it sure seems like there’s a relationship between how far in advance a showing is booked, and how serious the Buyer is. The explanation? Here’s my theory: Serious buyers are methodical, and methodical Buyers carefully plan what they want to...
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