Friday, February 29, 2008

Home values in Tarrant County

We live in a fish bowl here in Texas and we better be happy about it. The wonderful news about home values as that compared to the national averages we are not only much better off but we have an ace in the hole - economic growth. The country has a shifting population and in today's real world stats people are moving to warmer, job friendly, business friendly states. Texas is one of the leaders if not the leader nationwide in this regard. Hang in there folks life will get better in Real Estate!! Please visit my website for more details at www.tombrewerjr.com.

The Mortgage Mess - Or is it really beef stew??

Funny how in America we like to find one thing to blame everything on that happens badly and sit back and be blissfully content. Should I mention the words sub prime lending. The simple fact is that not only is sub prime lending not the only cause for the credit crunch, as I will always say it is like making beef stew - many ingredients and it has to be just right to achieve great flavor.

This recipe also requires that we add the Fed, the Banks, the FDIC, the Bond Insurers and the hedge fund buyers and sellers as well. And oh wait let us not forget the absolute greed that exists on Wall Street to make the stew taste just right. The fact of the matter is that the solutiuon takes tome and time only at this point. Hopefully we can get the Fed Chiek gentle Ben to stop gutting the Fed rayes as this only hurts potential homeowners in the long run.Log into my home page for more updates at www.tombrewerjr.com.