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velocast

velocast
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  • Zillow Is Becoming A Required Tool For Agents [View article]
    Zillow's market strategy is well understood: 1) most home buyers barely don't know nothing about the market conditions. So, here comes the first hook most home buyers will see Zillow as tool to find a good deal (Zestimate = unreal) therefore hits to Zillow's site will be high. 2) now comes the second hook. Because the high hits realtors themselves will like to post their advertisements. Bottom line I don't see any reason to buy Z unless is equal or below TRLA.
    Dec 7 11:26 PM | Likes Like |Link to Comment
  • The Fall Of The Electric Car... And The Rise Of The NGV [View article]
    For the masses: How much you spend in gas, how long you going to keep the same car, and how many miles a day you drive determines if an EV is worth or not. I spend about $2,000 in gasoline per year. If I buy a $20,000 Corolla, in 5 years I will spend about $30,000 total. In 10 years I will spend about $40,000 total. If I buy a $30,000 EV, in 5 years I will spend $30,000 total (breakeven point to the Corolla), in 10 years I will spend about $30,000 total (I will be better off by $10,000 from the Corolla). I am not taking into account other factors because they may offset to each other!
    Nov 5 09:15 PM | Likes Like |Link to Comment
  • Lithium Catalyst: China To Boost Electric Car Industry [View instapost]
    I spend $2000 in gasoline a year. If I buy a $20000 gasoline car, in 10 years I will spend $40000. If I buy a $30000 electrical car, in 10 years I will spend $30000. I am assuming the battery price will drop down.
    Jul 17 01:18 PM | Likes Like |Link to Comment
  • Fannie Mae Quietly Seeks Another $5.1 Billion Bailout [View article]
    We have to understand that financial institutions are run based in profit. Otherwise they will not be called financial institutions. All they want is to pop up current home prices: I don't see a real fire in home prices. Unsold homes are somewhere in their shadow inventories. The real problem relies in our government. Our Congressman needs to enact a law to deplete the Shadow Inventory. Financial mechanisms are many. Any way the US is currency issuer country. Nada controls the US. A real stimulus is giving the people a strong purchasing power.
    Aug 6 05:11 PM | Likes Like |Link to Comment
  • The Small Bank Problem: Why We Are 40,000 Properties Away From Recovery [View article]
    That is true! Banks don't want to drop prices. Existing homes are overpriced at least 15% in most areas. Here is a picture: my budget is 350k to buy a house. After all valuation analysis I find out this house can not be more than 300k. If I can get this house under 300k, I will have 50k to spend in landscaping, interior design, and so forth. In another words I will pour 50k into the local economy....
    Jul 28 09:14 PM | Likes Like |Link to Comment
  • Recent Mortgage Data Offers Evidence of Rising Momentum [View article]
    The author of this article is right unless there is another catastrophic economic event. In another words, Government is working hard to avoid to deflate the housing bubble. Here in New Castle DE large number of houses that were scheduled for foreclosure sheriff sales are stayed. Bunch of underwater houses that were posted for sale are being pull off the market. Reason: owners are refinancing their mortgages at very lower rates and low monthly payments. Is more affordable to refinance than renting. That government attitude does not help the American people. The balance amount left for an underwater property remains the same. In most areas, home prices should be at least 15% down from what is today....
    Jul 8 01:18 PM | Likes Like |Link to Comment
  • Recent Mortgage Data Offers Evidence of Rising Momentum [View article]
    Due to the speculator mentality, home prices are inflated. Since World War II, United States had a sustained economic growth almost year after year. Along with that home prices should be adjusted and increased. There is not a sustained reason to overprice a home unless there is a major event like war, inflation, land shortage, economic crisis, industrial limitations, technological downturns, big tsunamis, and so forth. It is way too bad to see how government, banks, and real state, holding home prices to further decline: In most areas home prices should be at least 15% down from what is today. Allowing a thoroughly wild speculator mentality in the real state industry will make loan dependent forever most Americans whose main asset in their lives is to own a house.... ☺
    Jul 7 11:05 PM | Likes Like |Link to Comment
  • Bernanke and Cantor: Take Distressed Sales Out of Real Estate Comps [View article]
    There must be a legal-financial mechanism to deplete the shadow inventory as quick as possible with very BIG discount sales. In that way that mechanism will be an effective tool to stimulate the economy. Home builders can not wait that long in an starving market, they are an important part of the whole economy. After the shadow inventory is depleted: New home prices should be reset at least 15% down in average of what is today. Bubble creator speculators and so forth may need to be regulated. That way real state industry will have a sustainable growth. Most important will help to restore the American Dream rather than having a legion of squatters....☺
    Jun 24 08:40 PM | Likes Like |Link to Comment
  • When Uncle Sam Forecloses [View article]
    Due to the speculator mentality, home prices are inflated. Since World War II, United States had a sustained economic growth almost year after year. Along with that home prices should be adjusted and increased. There is not a sustained reason to overprice a home unless there is a major event like war, inflation, land shortage, economic crisis, industrial limitations, technological downturns, big tsunamis, and so forth. It is bad to see how real state, banks, and government trying to contain home prices to further decline: In most areas home prices should be at least 15% down from what is today. Allowing a thoroughly wild speculator mentality in the real state industry will make poorer most Americans whose main asset in their lives is to own a house.....
    Jun 20 10:29 PM | Likes Like |Link to Comment
  • When Uncle Sam Forecloses [View article]
    Due to the speculator mentality, home prices are inflated. Since World War II, United States had a sustained economic growth almost year after year. Along with that home prices should be adjusted and increased. There is not a sustained reason to overprice a home unless there is a major event like war, inflation, land shortage, economic crisis, industrial limitations, technological downturns, big tsunamis, and so forth. It is bad to see how real state, banks, and government trying to contain home prices to further decline: In most areas home prices should be at least 15% down from what is today. Allowing a thoroughly wild speculator mentality in the real state industry will make poorer most Americans whose main asset in their lives is to own a house....
    Jun 20 10:29 PM | Likes Like |Link to Comment
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