Market Trends and Condition

Hey all,

I'm going through BAREM and I'm currently trying to collect information for the National factors that determine the market trends. I'm curious if anyone can recommend any useful resources for determining these factors:

Interest Rates
Inflation
Flow of Investment Funds
Business Cycle
Cataclysmic Event

What are you using (or used in the past) that has given you accurate results? Or does someone just want to tell me that we are still headed toward the bottom? lol. Thanks in advance!

Of course, it fell. The American people are running out of pep as they have to fight against the results that our elected officials have put in place. Oil, food, exchange rate, access to credit and so much more that are a result of policies that we get judged upon in the world markets. When the dollar goes lower, oil goes up to compensate. Oil prices are higher, so food has to follow because of the energy used to produce it and transport it. Exchange rate goes against us because we are no longer the number one country for growth. Credit access is poor because of bad banking deals that were made behind closed doors.

But the consumer is starting to roll over. Read about it here:

http://www.msnbc.msn.com/id/43984805/ns/business-stocks_and_economy/

There could be no better example of Congress not caring for the American people on what they did with this debt debacle. They didn't tackle the hard questions, they just pushed them off until after the next election. Remember to vote all incumbents out of office.

You can read the whole story here:

http://www.msnbc.msn.com/id/43976115/ns/business-eye_on_the_economy/

Interesting video clip here from the guys at the Real Estate Resource:

http://theresource.tv/home-page/the-ultimate-conundrum/

Thanks for everything you do Dean!

Read this article here:

http://www.msnbc.msn.com/id/43946055/ns/business-us_business/

I think the only question on most people's mind is "Is this a second dip or did the first recession really end?" I think from an economic model, this is a second dip but I would have to agree with the folks that have been out of work, or their housing situation has changed, or they can't afford food, that this has been one constant recession as the GDP growth is fleeting at best.

Per California Senate Bill 183, beginning July 1, 2011, all existing single family homes must have carbon monoxide alarms. All other types of residences (apartments, condominiums, etc.) will need carbon monoxide alarms beginning January 1, 2013.

The new requirements apply if ANY of the following are present within a home:

•Attached garage

•Natural gas or propane furnace and/or natural gas range and/or oven, or

•Gas or wood-burning fireplace

For existing homes, the CO alarms may be battery powered. At a minimum, CO alarms are required:

•Outside of each sleeping area or bedroom and

•On each level of the home

Just thought you CA people should be informed. Remember, it's never too late to emigrate back to the real world. LOL

I have recently watched a webinar on reiclub featuring Larry Goins. He talked about buying houses for $5000 and selling for $30,000.
The strategy involves making a lot of offers on houses that are priced around $25,000, and then selling them on ebay.
Is anyone familiar with this strategy?
I want to try this in the Phoenix area, will that be a good place to try this strategy?
I noticed that not many homes in Phoenix were on ebay at this price.
What do you think, a great strategy or is it too risky?

why you have to watch what's going on in the big picture. If this House Bill 2636 passes, it could be a game changer for rental property, short sales and other foreclosures. Congress wants the major banks to start renting out the houses instead of allowing them to go vacant. Read more about it here:

http://realtormag.realtor.org/daily-news/2011/07/29/save-home-values-bil...

It doesn't mean that you can't make money, but the rental supply will certainly drive down rents.

The Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 63.7, down from 71.5 in June, the lowest reading since March, 2009. That is just below the preliminary July figure of 63.8 and the median forecast of 64.0 among economists polled by Reuters.

Without the consumer feeling "good" about the economy, it can be a foretelling sign that the consumer will tighten up their purse strings and hold off on major purchases like housing and cars.

As I have pointed out before, I believe we are in the process of a declining economy once again as there is no organic strength in this economy. No jobs, high commodity prices, no consumer confidence and no political leadership make a recipe for a very slow recovery.

For months the major lenders and their mortgage servicing firms have been saying they have stopped all robo-signing and are cleaning up their acts. However, there is plenty of news and there are many examples that show the practice is alive and well.

Margery Gunter

87 year old Margery Gunter lives in Immokalee, Florida. She has lived in her home for 40 years. She admits to stopping payments on her two bedroom ranch house back in 2009. However, her attorney tells the media that there are many problems with the documents filed by OneWest Bank in their attempts to foreclose on the home.

• Florida law only allows the filing of a foreclosure if the filer already owns the mortgage, but