Pedro Gonzalez's Blog – February 2011 Archive (6)

According to many economic reports, the United States is out of recession. However, many of the aspects that we as real estate investors are concerned like jobs and borrowing, continue in the bottom of the pit. There are signs that indicate that we may see a recovery in our real estate market, recent reports have shown an increase in consumer spending, jobs are growing at a faster pace, and personal finance for many US families are starting to improve. For… Continue

The current conditions of our real estate market provides great advantages for those of us that have decided to jump into the market and take advantage of the low prices. The weakness of the U.S. economy has given rise to the largest epidemic of foreclosures in American history. Yet as always, challenges bring opportunities.



The year 2010 was another breaking year for foreclosures and bank REOs. Over a million homes were converted to REO properties… Continue

"Let us never negotiate out of fear, but never fear to negotiate"

John F. Kennedy



Negotiations is method of resolving differences between people. In real estate much of our work revolves around resolving differences, thus our ability to negotiate effectively is an essential skill. How you negotiate on a daily basis determines how much you make, what benefits/concessions you get, and how easy it is to get your offers approved. However, recent research… Continue

The U.S. national debt ceiling was set at $14.29 trillion in February, 2010. Now it looks like we are going to hit that ceiling by the time you read this posting. What our politicians are going to do? Not passing a law to increase that ceiling means to enacting a balanced budget amendment. Not raising the national debt ceiling means deficit spending ends immediately. It means the… Continue

China may be affected by the imminent changes to Fannie and Freddy announced by the Obama administration. Chinese regulators have issued a rare denial of a local media report that the country could lose up to $450 billion on its investment in securities issued by U.S. housing giants Fannie Mae and Freddie Mac. LEARN MORE

It seems that Fannie Mae and Freddie Mac may be facing down under some changes being currently proposed...http://bit.ly/eNwF34