Real Estate Syndicate » Jobless claims http://re-syndicate.com Featuring the thoughts, adventures, scripts, ramblings and soliloquies of a real estate guru. Thu, 23 Feb 2012 00:39:11 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Facebook goes IPO this week? Let’s see who buys what in Silicon Valley: Real Estate Fun http://re-syndicate.com/2012/02/01/facebook-goes-ipo-this-week-let%e2%80%99s-see-who-buys-what-in-silicon-valley-real-estate-fun/ http://re-syndicate.com/2012/02/01/facebook-goes-ipo-this-week-let%e2%80%99s-see-who-buys-what-in-silicon-valley-real-estate-fun/#comments Wed, 01 Feb 2012 20:33:19 +0000 Max Diez http://re-syndicate.com/?p=185 Continue reading →]]> Max and EJ interview Ralph Migliozzi author of the book Collateral Damage Life as A Mortgage Broker.

Ralph Migliozzi began his career in finance in 1982. After his promotion to management in the consumer finance industry, he moved to Great Western Financial Services where he performed second mortgages. In 1986 he took a commission job originating first mortgages for a mortgage firm.  After his promotion to vice president in 1988, he started his own mortgage corporation in 1989. In 1993 he began broadcasting a radio show he produces and hosts, known as “Mortgage Magazine,” on KNCO am in Grass Valley, CA.

 

Max and EJ talk about foreclosure and the mortgage meltdown.  They also listen to Lana Del Rey, Of Monsters and Men and Pretty Lights mixed in between.

Fun times with Max and EJ as they talk about Real Estate, Music, and Mortgages.

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]]> http://re-syndicate.com/2012/02/01/facebook-goes-ipo-this-week-let%e2%80%99s-see-who-buys-what-in-silicon-valley-real-estate-fun/feed/ 0 When will the Real Estate Broker be needed again? http://re-syndicate.com/2010/05/27/when-will-the-real-estate-broker-be-needed-again/ http://re-syndicate.com/2010/05/27/when-will-the-real-estate-broker-be-needed-again/#comments Fri, 28 May 2010 06:12:51 +0000 Max Diez http://re-syndicate.com/?p=51 Continue reading →]]> Housing construction and sales have always followed job growth. Looking around and seeing the number of layoffs from companies like Pfizer, Texas Instruments, GM, Boeing, Motorola, Sprint, Microsoft and Webcor one would think that times are grim. I personally think that when companies start to let go of employees, these were a lagging indicator of the current climate.  Even amidst my mild optimism, I realize that many will not feel the same way. Take today’s news stating that more Americans than forecasted filed applications for unemployment benefits last week, indicating firing persists even as the economy rebounds and employment is picking up. My only argument is that many Americans are forced to work for less than what they were making and while they do have jobs ~ getting by is not living.

Cities like Las Vegas, Riverside. Calif., and Phoenix have seen median home prices fall 50%, 44% and 37% from their respective peaks. If you were to take a look at the jobs that are being posted on Craigslist, jobs are ~ dare I say it truly vanishing and companies are paying less for those once coveted services.

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