Market Trends and Condition

Delinquencies on commercial mortgages packaged and sold as bonds surpassed 10 percent for the first time last month, according to Morgan Stanley.

Make no excuses about this. If this trend continues, we will not climb out of the recession until 2020. You cannot have the engine of our country's economic growth fail and expect to prosper unless you can take advantage of a falling market. You can read the whole article here:

http://preview.bloomberg.com/news/2011-05-18/u-s-real-estate-delinquenci...

On cusp of peak buying season, 30-year loan drops to 4.63%. Read the whole story from msnbc.com here:

http://www.msnbc.msn.com/id/38770102/ns/business-personal_finance/

Generally speaking, interest rate fall to these extraordinary levels when something is bad in the economy. Lower rausuallyally mean lower demand. Just be careful with your REI business.

On-going foreclosures, tight credit kept buyers reluctant to get into market. Read the whole article from msnbc.com:

http://www.msnbc.msn.com/id/43046247/ns/business-personal_finance/

Rampant foreclosures, double dip economy, high gas prices and high unemployment is a recipe for disaster if you don;t use the tools you are taught. Be careful out there.

April’s data show builders are struggling to compete with millions of foreclosures. Here is the entire article from msnbc.com:

http://www.msnbc.msn.com/id/43059444/ns/business-personal_finance/

There's money to be made out there, just be smart.

is property Values in your area. IF you lived there a long time, you know the area and have seen the changes taking place. If you haven't lived there long,go to open houses and look at what selling/how much/ in your area. Look at for sale ads at prices /areas and rent rates.

How may times did you say to yourself, "I saw that property and could have got it for a good price" or it sold for XXX amount and you know they made alot of cash....and THEN you see it has turned into a car dealership or resturant or whatever and someone took ACTION and is making the money YOU could have made!!

You MUST take action after you learn the VALUES of properties and see deals.

values dropping at 1% per month. Only 9 metro cities are NOT affected

from yahoo finance page today

Housing Crash Is Getting Worse: Report

http://finance.****/banking-budgeting/article/112698/housing-crash-getti...

Just another article that shows the perils of the real estate market. This time Zillow (via msnbc.com) is the one delivering the bad news:

http://www.msnbc.msn.com/id/42954513/ns/business-personal_finance/

So just be smart and be careful on what you are doing out there. It is easy to be whipsawed to death in this market.Do your homework and make sure you have a viable exit plan.

The headline today on msnbc.com is what I've been telling you for months. The housing crisis, generally speaking, is getting worse. Sure, some parts of the country has stabilized a little; and sure, you can still make money in real estate if you know what you are doing, but you have to be careful as the real estate market is shaky. You can read the entire story here:

http://www.msnbc.msn.com/id/42881365/ns/business-personal_finance/

After you read this story, perhaps you'll understand why so many of you are have trouble building a successful real estate business right now. Just be careful out there because it is not all smiles and sunshine out there.

President Obama recently signed into law a bill that removes the expanded "1099" reporting requirement from the Affordable Care Act. The provision would have required businesses to report on Form 1099 all purchases of goods and services of $600 or more annually.

The bill, officially named the "Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011," makes the following changes to the Affordable Care Act:

Repeals the expansion of existing requirements that businesses report information to the Internal Revenue Service on payments for goods of $600 or more annually to other businesses