Three Scenarios From the Foreclosure Freeze

Gregor Watson, a principal with McKinley Partners, a development company that buys foreclosed homes, told listeners on a Citi home-builder conference call that there were three potential outcomes from the foreclosure fiasco:

· Best case: These are technical issues that can be resolved quickly so the foreclosure process can continue and the glut of foreclosed homes is cleared from the market.

· Medium case: There is significant litigation that takes years to sort out and this slows the troubled housing market even further.

· Worst case: The market grinds to a halt and title insurers refuse to insure mortgages involving foreclosed homes. “It would be devastating for the resale market if this robo-signer issue spiraled out of control,” Watson says.

Source: The Wall Street Journal, Dawn Wotapka (10/12/2010)

Control?

我帮buyer买到很好的deal. 我发现，好几次和seller's agent斗争的时候，那些大牌agent总是直接或者间接地说: Connie，你要get a good control of the client才是好agent. （潜台词：这样的要求不合理，你自己就应该和buyer解决掉）。

我承认这些big name agent的确有很好的control, 他们control的目的无非是把deal 做成，并不是client's best interests. 我不认为我去帮客户争取被他们认为是ridiculous的要求有什么问题。 我也不在意他们的看法。 In the end, close escrow之后不要让买家有遗憾才是真的。 毕竟，我们现在还是buyer's market!!

Not selling well this release

Manzanita Trail:

和上2次火爆的销售相比，这次竟然还剩下5个：

Plan 3:

Lot 34: 847

Lot 35: 895

Lot 37: 885

Plan 4:

Lot 36: 935

Lot 40: 929

Move in March/April 2011

另外一个Lot47 Plan 3C： 908 （Move in Nov./Dec. 2010)

Global Air Quality Map

World wide air quality measured by amount of micro particles in the air.

你还敢在国内长住吗。Beijing, Shanghai, Nanjin etc are all close to the max.