Archive for August, 2007

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“Black Friday” – The Day The Dream Died…

Friday, August 10th, 2007

“BLACK FRIDAY” – Friday August 10, 2007 The Worst Single Day of Liquidity Crisis In The US Banking System Since September 11, 2001…
As of Friday August 10, 2007; 4:04 p.m: The US Federal Reserve Had “Pumped” $62 Billion Of US Taxpayer’s Money Into The Banking System To Stop A Complete Meltdown Of the [...]

“The NotSo Obvious Losers In The Sub-Prime Meltdown Massacre…”

Thursday, August 9th, 2007

In an earlier blog post I predicted that the Stock Market Would Drop Off The Cliff, due to the collapse of the US Mortgage Market, caused by the meltdown in the Sub-prime sector of the Mortgage market.
I received a number of emails from folks questioning my “doom and gloom” predictions, and wondering what “exactly is [...]

“The Sub-prime VIRUS Spreads…”

Wednesday, August 8th, 2007

It was scary enough when these were the headlines on the FRONT PAGE of a number of leading newspapers yesterday:
“How Credit Got So Easy AND Why It’s Tightening…” – Wall Street Journal; Tuesday August 7, 2006
“LENDER CRUNCH STINGS STATE…
… Hundreds [of Mortgage Professionals] Lose jobs in Md…” – Baltimore Sun; Tuesday August 7, 2008
“Mortgage Fears [...]

Beazer Homes to Investors: “Yes, It Can Get Worse…”

Tuesday, August 7th, 2007

Earlier this year, one of the leading financial newsletters was advocating buying heavily into REITS of homebuilders.
REITS are of course Real Estate Investment Trusts, or the stocks of publicly traded real estate firms.
Personally, I am not a big fan of REITS. Mainly because the shares of publicly traded real estate investment trusts behave much [...]

“Subprime Mortgage Meltdown Massacre Victims: The Realtors(R) and Mortgage Brokers”

Tuesday, August 7th, 2007

The Obvious Victims…
Real Estate agents a/k/a Realtors(r) who sell “pretty houses” to end user homeowners. According to the National Association of Realtors(R), at last (official) count, there were over 1.2 million people who called themselves Realtors(R). This number is already dropping like a stone, and probably will continue to drop over [...]

“YOU Too Can Buy Real Estate -NOTHING DOWN! – Well Maybe NOT…”

Sunday, August 5th, 2007

As you know, if you have been to the websites for my company (WeGetThingsDone.com), or my coaching programs (ShermanRagland.com) I have been involved with real estate investing at just about every level for over 21 years.
Intially as an employee in the real estate land development group of a FORTUNE 500 company, then the largest privately [...]

“What the Heck is SUB-PRIME, and Why Should I Care??”

Saturday, August 4th, 2007

I got an email earlier today, which essentially asked the question: “Why the heck should I care about the Subprime Meltdown”. The same person went on to ask the question, “What the heck is Subprime, anyway?”
Actually, both are good questions. And it makes sense to define the problem before discussing “Winners and Losers”.
My [...]

“Beyond The SUB-PRIME MELTDOWN – When The Dream Ends in Nightmare!”

Friday, August 3rd, 2007

It has been front page news for months now in both the US mass media, as well as business publications.
But when the front page of the VERY British FINANCIAL TIMES this week, we in the US real estate market had to come to grips with the grim reality that the US Housing Market is now [...]

“Blue Ocean Strategy… Revisited”

Wednesday, August 1st, 2007

I originally posted this to the blog in March of 2006.
A number of people have asked me about my “Blue Ocean Strategy” post on the old blog, so I thought now would be a good time to bring it back.
Hope you enjoy it, again…
This past weekend I attended an event put on by my friend [...]

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