Derek Guyer's (landchasers) Blog

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Real Estate Agent - Land Chasers
RECENT BLOG POSTS
If you aren't where you want to be as an real estate investor, persistence is key. If you don't know what persistence is, I suggest you read what Seth Godin said of it: "Persistence isn't using the same tactics over and over. That's just annoying. Persistence is having the same goal over and over...
04/01/2008
I hate how so much of the real estate industry likes to play on your emotions as an investor. They create a sense of urgency when the market is going up and out of control to ensure you don't "miss out". All the while, "urgency" is inflating values. That sucks. But, they do it again by taking you...
03/28/2008
California's home prices fell 26% in February from a year ago: "Nationally, prices fell over the past year at a rate of $338 per week; in California, prices fell at a rate of $2,788 per week." "'It's bad. It's really bad,' market analyst Nima Nattagh told the Daily News." (To check out the story,...
03/28/2008
I just got off of the phone with Australian real estate investor and teacher, Nigel Kibel. He's a great guy and has some wonderful insight into international investing. It's been good to talk with him and get to know him better. We've actually become friends, and I'm thankful for the time chattin...
03/25/2008
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According to AP writer Martin Crutsinger in his article entitled "Home Sales Rose, Prices Fell in February": "Sales of existing homes posted an unexpected increase in February... The National Association of Realtors said that sales of existing homes rose by 2.9 percent in February to a seasonally...
03/24/2008
Foreclosures are up significantly these days, and it's killing you and me. Americans are losing an incredible amount of equity as houses all around their own are losing value like crazy. The market is flooded with desperate sellers and limited financing options, while few buyers are willing to br...
03/21/2008
Peter Lynch has been quoted as saying the following: "You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets." Peter understands this is reality. Do you? Just as there are ups and downs in the sto...
03/18/2008
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Karen Crawford and Dennis Kelly get it. They do. They couldn't sell their home for an entire year and a half. So, they shifted gears. They didn't sit and pout about the economy or ask for pity. They looked for solutions, found one, and then moved on it. This couple got creative and created a raff...
03/12/2008
Foreclosures are on the rise. They have been rising for quite a while now, as I'm sure you already knew. This problem is having an extremely negative impact on the economy and many other areas of our society. The fact is, none of us are immune from it's impact. But, there is a good side to all of...
03/11/2008
In February of 2008, Americans filed an average of 3,960 bankruptcy petitions daily. That puts us up 28% from one year ago. As well, we're at a 23 year high on late mortgage payments. That's scary. Things are looking down. Times are hard. How are you helping those who are suffering? There's a lot...
03/06/2008
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