Posted By admin on June 23, 2009

Home sales are stabilizing. This means that consumers are slowly getting back into the real estate market. And despite the number of foreclosures, abandoned construction sites and existing homes on the market, the sales are starting to show signs of a recovery.

Home sales are up 2.4% though a positive sign, it is less than analysts predictions. Some might say that 2.4% is a good indicator that the real estate industry is improving. The analysts however say that this is a week recovery at best and may be even too soon to call it a recovery.

As far as I can tell, 2.4% is a positive indicator and a sign of an improving real estate industry. That is what I want to believe and I think the coming months will show this is a positive sign.

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Tags: home sales stabilizing

Posted By admin on June 19, 2009

Is this really a clunker?

Yes, it is easy to point figures at Hummer, a symbol of excess in the automotive industry and yet Hummer like other large trucks do have their uses.

The fact that many soccer moms run around in Suburbans, Hummers and other very large vehicles does not make them clunkers or even make these vehicles undesirable.

The current perception of these large vehicles somehow single handedly ruining the planet is what is wrong.

As for giving everyone $3500 - $4500 for turning in their current vehicle to buy a new vehicle will not increase vehicle sales while it will increase the national debt.

What can you do with the clunkers for cash cash?

Now before you get all excited about spending that $3500 on a new big screen TV you won’t actually see any money in your pocket. The government is going to give credit directly to the car dealer, not to you the consumer. This means that you will have to do even more homework before going to the dealership to ensure you are getting a good deal on your next car purchase.

If you thought it was hard to get a good deal on a car before this clunkers for cash deal just wait until you try to buy a vehicle after it passes into law.

Furthermore, the only people who qualify for the deal are people who already own a vehicle that Congress is classifying as a clunker. For a summary of what qualifies as a clunker check out the article from USA Today.

Write your Congressman and let him know you are tired of the federal government spending your grandchildren’s inheritance.

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Posted By admin on June 18, 2009

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Posted By admin on June 18, 2009

Is this your dream home?

This is not a gimmick. Hud has agreed that as the credit is designed to help first time home buyers get into a home, they would approve use of some of the funds toward closing costs. The caveat to this - you must qualify for and close on your new home using an FHA backed loan.

For more on this story you can read the specifics at the HUD website.

There are also some states that have expanded the types of loans that qualify for this same treatment. Check with your local state government to see what programs are available in your state.

The tax credit is a maximum of $8,000 and is available to anyone who meets the definition of a first time home buyer that closes on their new home by December 1, 2009.

Do your research and see if now is the time for you to go from renter to home owner.

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Tags: first time home buyer credit

Posted By admin on June 17, 2009

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Posted By admin on June 16, 2009

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Posted By admin on June 15, 2009

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Posted By admin on June 15, 2009

I stumbled across this blog post and thought I would pass it along.

Food for thought.  You do matter.

Regardless of how things currently look you matter and what you do matters.

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Posted By admin on June 14, 2009

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Posted By admin on June 14, 2009

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• bizwk Crisis Hits the Business Schools: http://u.mavrev.com/aqdi #
• bizwk Executive Summary: http://u.mavrev.com/aqdh #
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• bizwk Money Market Funds in a Squeeze: http://u.mavrev.com/al86 #
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• bizwk Economic Indicators: What the Pros Are Saying: http://u.mavrev.com/adnh #
• bizwk Intel Pushes Its Own Stimulus Plan: http://u.mavrev.com/ad0q #
• bizwk Cisco-Duke Deal: Expect Linksys Home-Energy Gear: http://u.mavrev.com/ad0p #
• bizwk Betting on the Equity in Bankrupt Companies: http://u.mavrev.com/ac24 #
• bizwk Time Warner: Is it Time to Dump Time Inc.?: http://u.mavrev.com/ac21 #
• bizwk Nokia: Bring on the Employee Rants: http://u.mavrev.com/aasj #
• bizwk Analyst Picks and Pans: BofA, UnitedHealth, Actuant, Blue Coat: http://u.mavrev.com/aash #
• bizwk Dueling ‘Clunker Car’ Bills: http://u.mavrev.com/a9xo #
• bizwk The Stock Market’s Surprising Strength: http://u.mavrev.com/a9xn #
• bizwk Banks: Good News—and Bad Assets: http://u.mavrev.com/a98f #
• bizwk Google’s Grab for the Display Ad Market: http://u.mavrev.com/a98c #
• bizwk The Rise of China’s Southwest: http://u.mavrev.com/a8iv #
• bizwk Where Struggling Americans Can Find a Fresh Start: http://u.mavrev.com/a8io #
• bizwk Novartis: Radically Remaking Its Drug Business: http://u.mavrev.com/a7xa #
• bizwk Companies Willing to Take Risks in a Recession: http://u.mavrev.com/a7×9 #
• bizwk Slovakia’s Surprising Financial Strength: http://u.mavrev.com/a79k #
• bizwk Figuring the Fed’s Exit Strategy: http://u.mavrev.com/a79j #
• bizwk McDonald’s Turns Up the Heat: http://u.mavrev.com/a6go #
• bizwk Harvard’s MBA Oath Goes Viral: http://u.mavrev.com/a6gm #
• bizwk Air Safety Experts: Improve Black Boxes: http://u.mavrev.com/a5gy #
• bizwk Scribd: An E-Book Upstart with Unlikely Fans: http://u.mavrev.com/a5gx #
• bizwk Lafley’s Legacy: From Crisis to Consumer-Driven: http://u.mavrev.com/a4lu #
• bizwk Vital Signs: Don’t Fear the Rise in Treasury Yields: http://u.mavrev.com/a4lt #
• RT @SeanMalarkey“Your attitude, not your aptitude, determines your altitude.” - Zig Ziglar #
• @websitewriters Very interesting statistics. I will definitely watch to see how this plays out. in reply to websitewriters #
• @LoriMoreno That is so true. in reply to LoriMoreno #
• bizwk Home Depot’s Higher but Fragile Hopes: http://u.mavrev.com/a3bc #
• bizwk North Korea’s Kaesong Clamor: http://u.mavrev.com/a3bb #
• bizwk Tufte’s Invisible Yet Ubiquitous Influence: http://u.mavrev.com/a2d6 #
• bizwk Foreclosures Drop in May: http://u.mavrev.com/a2d2 #
• bizwk Stocks Fall as Rates, Oil Prices Rise: http://u.mavrev.com/a0w8 #
• bizwk A Bull Market in Social Entrepreneurs: http://u.mavrev.com/a0w6 #
• bizwk Will Gas Prices Hit Last Summer’s High?: http://u.mavrev.com/9zk2 #
• bizwk The Fight Over Drug Data Mining: http://u.mavrev.com/9zk1 #
• bizwk Amazon’s New Kindle DX Means Business: http://u.mavrev.com/9wgv #
• bizwk Smartphone Stock Battle: The Pros Like RIM: http://u.mavrev.com/9wgu #
• bizwk Smartphone Roulette for App Makers: http://u.mavrev.com/9vh7 #
• bizwk Behind Oil’s Surprising Surge: http://u.mavrev.com/9vh6 #
• bizwk ‘New’ Chrysler Shielded from ‘Old’ Product Liability: http://u.mavrev.com/9uj5 #
• bizwk Chrysler, Fiat Drive Off the Lot: http://u.mavrev.com/9uj2 #
• I just downloaded some great stuff at Russell Brunson’s Birthday Giveaway! Check it out! http://clicklink2.com/russell #
• bizwk Vikram Pandit of Citi: Man on a Tightrope: http://u.mavrev.com/9s3b #
• bizwk SBICs Keep Capital Flowing in a Dry Time: http://u.mavrev.com/9rba #
• bizwk Dividends: The Sweet Spot: http://u.mavrev.com/9rb9 #
• bizwk State Spending Masks Weakness in Indian Economy: http://u.mavrev.com/9qhd #
• bizwk Geithner: ‘Say on Pay,’ No Caps: http://u.mavrev.com/9qh9 #
• bizwk Switch to India from China, says BNP Paribas: http://u.mavrev.com/9pdo #
• bizwk Motivating Gen Ys in a Downturn: http://u.mavrev.com/9pdn #
• bizwk Why Certain Cities Attract Gen Ys: http://u.mavrev.com/9nvm #
• bizwk Enhance Your Brand with Video: http://u.mavrev.com/9nvk #
• @mashable great article. thx for sharing. in reply to mashable #
• bizwk Throwing Car Dealerships a Rope: http://u.mavrev.com/9mh4 #
• bizwk Chrysler-Fiat Gets Go-Ahead: http://u.mavrev.com/9mh3 #
• Join me LIVE on my Mandelas Money Mattes show on BlogTalkRadio at http://tobtr.com/s/538560 or call (718) 664-9256 #
• bizwk La Russa vs. Twitter Tests Web Anonymity: http://u.mavrev.com/9kkr #
• bizwk Market Experts Discuss Geithner, Recovery, Rally: http://u.mavrev.com/9kkp #
• bizwk Gen Y: How to Get a Job Now: http://u.mavrev.com/9j3n #
• bizwk Giving Patients the Data They Need: http://u.mavrev.com/9j3m #
• bizwk Frequent Fliers, Choose Your Card: http://u.mavrev.com/9i39 #
• bizwk How to Succeed at Procter & Gamble: http://u.mavrev.com/9i37 #
• bizwk What the Palm Pre Cost To Build: http://u.mavrev.com/9gxu #
• bizwk Qualcomm, Freescale Bet on ‘Smartbooks’: http://u.mavrev.com/9gxt #
• bizwk The Fed’s Mortgage Muddle: http://u.mavrev.com/9fw3 #
• bizwk Marcial: Apple Shines, No Matter Who’s in Charge: http://u.mavrev.com/9fw2 #
• bizwk Are Treasuries a Safe Haven? Or Dangerous?: http://u.mavrev.com/9evk #
• bizwk Finding the ‘Dream’ Internship with Disney: http://u.mavrev.com/9dwb #
• bizwk Barcelona’s Big Bet On Innovation: http://u.mavrev.com/9dwa #
• bizwk Pricing Yourself in a Down Market: http://u.mavrev.com/9bif #
• bizwk Anxious Japanese Are Working Themselves to Death: http://u.mavrev.com/9bic #
• bizwk Whitacre Tapped for GM Chairman: http://u.mavrev.com/9a00 #
• bizwk New iPhone Priced 87% More by U.K.’s O2: http://u.mavrev.com/99zz #
• bizwk Can the Government Afford Retirement?: http://cli.gs/nRhXdH #
• bizwk IT Departments Slashed Budgets, Gartner Says: http://u.mavrev.com/98n7 #
• bizwk From Business School to the Backlot: http://u.mavrev.com/977h #
• bizwk Analyst Picks and Pans: General Mills, VeriSign, MannKind: http://u.mavrev.com/977g #
• bizwk Supermarket Strategies: What’s New at the Grocer: http://u.mavrev.com/959a #
• bizwk Leadership: Intentional Influence: http://u.mavrev.com/9599 #
• bizwk Amsterdam: A Smart City Goes Live: http://u.mavrev.com/945x #
• bizwk Seniors as Entrepreneurs: Their Time Has Come: http://u.mavrev.com/945v #
• bizwk FedEx’s Anti-Union Drive: http://cli.gs/aeheMm #
• bizwk McDonald’s Shares: Still a Value Meal?: http://cli.gs/yyu3q9 #
• bizwk Lafley Leaves Big Shoes to Fill at P&G: http://u.mavrev.com/92l0 #
• bizwk Apple Cuts Prices Strategically: http://u.mavrev.com/92kz #
• bizwk Recession Will Boost Challengers from China and India: http://u.mavrev.com/920v #
• bizwk A Pall Over Palm’s Pre: http://u.mavrev.com/920u #
• bizwk Google Gains Ground in China’s Search Market: http://u.mavrev.com/91df #
• bizwk China’s Frustrations with America: http://u.mavrev.com/91de #
• bizwk Google Street View Gets Smart Navigation: http://u.mavrev.com/90q6 #
• bizwk Wal-Mart to Start Outsourcing More to India: http://u.mavrev.com/90q5 #
• bizwk Last-Minute Hold for Chrysler-Fiat Deal: http://u.mavrev.com/8zwj #
• bizwk No Steve Jobs, But Cheaper iPhones: http://u.mavrev.com/8zwi #
• bizwk Twitter’s Innovation Drought: http://u.mavrev.com/8zbk #
• bizwk Stocks Move Lower: http://u.mavrev.com/8zbj #
• just opened my mail. Now I have to call the IRS to explain their letter. Ugh! #
• bizwk Madoff Whistleblower Markopolos Blasts SEC: http://u.mavrev.com/8y86 #
• bizwk Another Blow for Angioplasty: http://u.mavrev.com/8y82 #
• bizwk A Housing Recovery: Not So Fast: http://u.mavrev.com/8y80 #
• bizwk Apple’s CEO Conundrum: http://u.mavrev.com/8y7z #
• @RonDavies I absolutely agree. I need to take some downtime now to destress and I know I’ll find the solution to my current challenge in reply to RonDavies #
• sud Twitter Weekly Updates for 2009-06-07:
  bizwk Research Triangle: A Model for Other Parks: http://u.mavrev.. http://u.mavrev.com/8xg6 #
• sud Belmont Stakes Post Time: What does Belmont Stakes Post time have to do with your finances? How could the.. http://u.mavrev.com/8xg1 #
• sud Prelude to the dream Auto Racing stopped by rain: Unfortunately, Prelude to a Dream auto race has been ra.. http://u.mavrev.com/8xfy #
• sud Hummer sold, Saab next?: Hummer has tentatively been sold to a mystery buyer. All other GM (General Motor.. http://u.mavrev.com/8xfx #
• sud Gas Prices Rising for the Summer:
  Summer driving season is here.  Are you ready for the jump in gas pric.. http://u.mavrev.com/7dbm #

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