Real Estate

McAlvany ICA presents financial, political and geo-political information to aid investors in developing sound alternatives for their portfolios in uncertain times. Topics of discussion: U.S. Real-Estate Market, China, Middle East and a declining U.S. dollar. Call, 800.525.9556 or email: karis@mcalvany.com for a FREE copy of this entire DVD plus an exclusive Market Report. Or if you would like to listen to exclusive, weekly, economic commentary for FREE by economic expert, David McAlvany, be sure to go to: www.mcalvany.com and register where it says, “McAlvany Weekly Commentary.”

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http://www.DoloresPerson.com – Newburyport, a coastal city just 38 miles north of Boston, Massachusetts is a city with a long and rich history. A city where historic preservation has been the key to economic revitalization.A perfect example of this history is High Street, dotted with majestic, antique homes, restored to their original grandeur, including the mansions of ship owners, which recall the names of major families who made and lost fortunes in the maritime trade; Cushing, Bartlett, Greenleaf, Marquand, Prince, Tracy and dozens of others.
Located in the south end this fully restored landmark High Street federal period home has all the grandeur you’d expect of a High Street mansion in a 3400 square foot dwelling.  

This gracious home has a deck overlooking the large fenced yard and a two car garage.

Period features include a “Good Morning” staircase, wide pine floors, period moldings, indian shutters, and 8 fireplaces.

The wonderful high style kitchen is a cooks dream with top of the line appliances, double ovens and large working fireplace, which creates a unique and wonderful ambiance.

The exquisite fireplaced master suite redefines comfort for those who are privileged to call this their home. It has a crisp, updated master bath with double pedestal sinks and classic clawfoot tub.

Other updates include central air, a new roof and utilities.

Exceptional and comfortable. Elegant, yet casual. And every detail is lovingly maintained.

Located on the south bank of the Merrimack River at the mouth of the Atlantic Ocean, Newburyport is truly a seaport for all seasons. A thriving community with unique shopping, fine dining, arts and culture, charming inns and breathtaking scenic beauty, it is also a community with a rich history, which you will see all around you.
This is your unique opportunity to live right in the heart of 19th century Newburyport, Massachusetts, with easy access to all that Newburyport has to offer.

Duration : 0:6:44

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http://www.DoloresPerson.com – Located on the south bank of the Merrimack River at the mouth of the Atlantic Ocean, Newburyport, Massachusetts is a city with a long and rich history. Easily accessible by Routes 95, 495 and 1, as well as the MBTA Commuter Rail, Newburyport is located just 35 miles north of Boston.
All over town you can imagine the locations of former ropewalks and clammers shacks. You can see shipyards, as well as the saltbox and Victorian houses, Federal mansions and colonial houses that are todays cherished homes. Today Newburyport draws visitors from around New England and the world, who flock year-round to this seaport rich in history and beauty.
High Street is lined with the mansions of ship owners, and recall the names of major families who made and lost fortunes in the maritime trade. Cushing, Bartlett, Greenleaf, Marquand, Prince, Tracy and dozens of others.
Also on High Street is this spectacular, 4500 square foot Federal inspired home. Perfectly fitting in with the historic mansions that dot High Street, this home is actually only four years old, and offers every convenience you could desire from a modern home, with the classic good looks of a era gone by.
With 4 1/2 luxurious bathrooms, and 5+ bedrooms, you’ll ever want for space in this home. The grandeur of a bygone era is recreated in the 9 foot ceilings, the large room proportions, the stunning 3 level staircase, and the custom built ins and crown moldings throughout.
The chef in the family will absolutely fall in love with this dramatic cook’s kitchen. Accented by Viking and SubZero appliances, the elegant sleek modern countertops and the dual level island/ bar will make this space the center of many gatherings. And entertaining is easy with the nice flow throughout, including out to the French inspired gardens in the backyard.
The second and third levels are are spacious as well. With dramatic architectural features, the bedrooms of the home are found on these levels.
The lower level offers plenty of space for entertaining, including a small kitchen and a brick walled wine cellar and bathroom. Whether you create a playroom, a media room, a game room – or all of the above, there’s plenty of space to accommodate everyone.

Real estate video tours by http://www.NashuaVideoTours.com

Duration : 0:7:59

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Petition:

We feel that REALTOR.com has not been responsive to the needs of REALTORS and that the current relationship between NAR and Move,Inc. (as currently constituted) is not in our interest as REALTORS for the following reasons:

1) Move, Inc. has a long standing pattern of raising fees on REALTORS and charging them exhorbitant fees in comparison with the costs of developing a national real estate listings site. Fees (which yet again are expected to be raised in 2009) are out of line with what other national listing aggregator websites cost their shareholders. Why should we be paying many multiples of what companies like Trulia and Zillow are costing THEIR shareholders for aggregating real estate listings on their sites?

2)After being provided ALL of our listings and photos, they have stripped off all but four, unless REALTORS pay them an annual “enhancement” fee. This effectively takes our clients and holds them hostage until we pay their “fee”. Much of this fee goes right back into “Sales expenses” which are Move,Inc.’s marketing to REALTORS that they MUST have their service. This adds HUGE costs to what is needed for a national website and is NOT acceptable.

3) In a world where many websites offer REALTORS social networking opportunities to connect REALTORS to potential clients, REALTOR.com has been sorely lacking in developing these types of programs.

4) The 2007 10K (released Feb 28, 2008) from Move, Inc. shows STAGGERING General and Administrative Expenses of over Million and Sales expenses of over 8 Million..these expenses are RIDICULOUS given their online properties and a development expense of Million. While we realize that this includes Top Producer and other assets of Move, Inc., that actually makes the ratio of development / Sales, General and Administrative Expense even MORE out of line. We are tired of having NAR tell US to pay for THEIR inefficiency.

We are not against paying for what WE receive. If you want to charge us for “enhancing OUR contact information” then fine. But don’t hold our CLIENTS and CUSTOMERS hostage. That is unconscionable. Many of them don’t know what you are doing to us and if they did, they would find it incredibly offensive.

More importantly, because the National Association of Realtors leased the rights to our web presence to third parties, they put themselves in the position of defending REALTOR.com’s inefficiencies and deficiencies to the general membership for their own financial gain.

We call on NAR to take steps to BUY BACK Realtor.com from Move, Inc. or to buy a controlling interest in Move, Inc. to provide a national listings site for REALTORS at a price that is REASONABLE and RATIONAL. With the current stock price so low, a controlling interest can be purchased at a reasonable price and other assets like TopProducer can be spun off to repay (partially) the investment. This is a strategy that makes SENSE.

Until NAR SERIOUSLY takes up this issue and hears our concerns, we vow to raise awareness, talk to the press, let our clients know what you are up to, and most importantly, we will NOT continue to pay higher and higher fees to cover Move, Inc.s inefficiencies and largess.

We do not do this out of spite. We do this to protect OUR good name and our industry. It only makes sense with Move, Inc’s stock price this low to take these actions. We call on you to address these concerns completely, totally, and immediately.

After you have added your name to this petition an e-mail will be sent to the given address to confirm your signature. Please make sure that your e-mail address is correct or you will not receive this e-mail and your name will not be counted.

http://www.takebackourr.com/the-petition/

Duration : 0:2:50

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What I learned today will have devastating ramification for the real estate marketing and in turn the entire financial and stock market and the broader economy as a whole.

If true…our real estate fate is seal. There will be more housing and real estate foreclosure carnage ahead. The road is long.

Prepare yourself and protect your family from this coming economic catastrophe.

PLEASE RATE, LINK, SHARE and SPREAD the word so others can learn about the real nature of our real estate and economic crisis. Don’t be a sponge to the talking heads that spew only that which benefits them and their bosses. Wake up!
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From L.A Times:

Bulk of bank-owned homes aren’t even on the market yet
“Banks to unleash flood of REOs” at Inman News looks at the effect of foreclosures on the housing market this year:

Inventories of unsold homes are likely to swell in coming months as lenders begin to push a growing backlog of repossessed homes up for sale — often in communities already awash in distressed properties….

Because it can take weeks or months for lenders to put repossessed homes on the market, the impact of real estate-owned (REO) properties on inventories lags behind foreclosures. Government efforts to recapitalize banks through the Troubled Asset Relief Program (TARP) and other bailout measures may also have taken some of the heat off of lenders to unload REO properties at fire-sale prices.

But with the emphasis of TARP and other government relief efforts now expected to shift to creating jobs, helping troubled borrowers avoid foreclosure and providing incentives for home buyers, lenders could soon unleash a torrent of real-estate owned, or “REO” properties — even in markets already flooded with an oversupply of homes for sale.

“It’s almost like a tsunami — you can see it coming and you know it’s going to hit but you can’t get out of the way,” said Ann Stickel, vice president of affiliated services with Sarasota, Fla.-based brokerage Michael Saunders & Co.

So how many bank-owned properties aren’t even on the Multiple Listing Service yet? RealtyTrac senior vice president Rick Sharga puts the number at 75%. That’s a lot of houses.

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Tags: “The dollar collapse” “housing crisis” “financial crisis” subprime hyperinflation inflation economy “economic collapse” “stock market” “stock market collapse” “real estate” fed “federal reserve” money “fiat money” gold silver commodities housing bubble 2009 2008 downfall investing for sale training agent agency selling subprime Peter Schiff Jim Rogers Gerald Celente Alex Jones Ben Bernanke

Duration : 0:7:54

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Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed.

Property values have fallen 35 percent since October 2007, according to Moodys Investors Service. Thats making it tough for owners to refinance almost $165 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale.

Negative Fundamental

Demand for commercial space comes from employment and the income generated by that employment, said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton Schools Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting job losses are a really significant negative fundamental, signaling that conditions are going to be tough for the industry for a while, he said.

That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7,000-plus smaller U.S. lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.

Duration : 0:5:57

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