Jonathan got me wondering if the folks being quoted in the sidepanal (Mike Long, J. Lennox Scott & Steve Klaniecki) should be embarrassed.
Latest Updates: market
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dustin
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dustin
What a week on RCG. Ardell started the ball rolling by simply stating we’ve reached the bottom of the market and then went on to explain herself with her Sunday night market stats, while Tim Kane also hosted a very intresting conversation on the bottom of the market.
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dustin
definitely doesn’t sound promising that banks are set to release even more REO’s into the market…
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dustin
fascinating that one company controlled that much of the spam market
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dustin
Last week Apollo Management (owner of realogy) “warned that it’s at risk of violating the terms of its bank loans and is trying to swap $1.1 billion of bonds for new debt at a discount.”
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dustin
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dustin
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Marlow
Redfin is firing but other brokerages are hiring
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dustin
I’m positive this isn’t an event isolated to Redfin, but laying off 20% of your employees, and being transparent about it, makes for a very tough day…
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PeterT
I just posted my mortgage market update – my take on the bailout and this week’s financial news and how it affected mortgage rates and the mortgage and housing market.
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dustin
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dustin
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dustin
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pasadenaviews
Timing the real estate market – a sure way to tell when the market hits bottom!