November 4, 2009 – 9:22 am
Now that talk of a “rebound” is replacing talk of a “recession,” news outlets and analysts are pining for real and tangible indicators that we’re indeed in recovery mode. Today the Fed is expected to report that things are looking good and that rates will stay low. The interesting components … CONTINUE READING /
November 3, 2009 – 8:05 am
The nation’s real estate industry is buzzing about the government’s potential extension of the first-time homebuyer tax credit. As someone who works as a marketing guy in Chicago’s real estate market, I can safely say that this is on the top of everyone’s mind. As you may know, first-time homebuyers can … CONTINUE READING /
November 2, 2009 – 7:55 am
I’m getting a genuine kick out of learning about the National Bureau of Economic Research which recently posted this article about the first financial bubble occurring in Paris, London and the Netherlands in 1720. Nice. Who knew there were financial bubbles back then; I figured it was mostly horses and buggies … CONTINUE READING /
October 31, 2009 – 6:21 pm
There’s no better way to inject money into our economy than by spending money to dress-up as fake foam money on Halloween. Add an extra dose of irony if you’re a member of the financial industry (as I suspect many of you are). My favorite part about this costume is the … CONTINUE READING /
October 30, 2009 – 8:17 am
Yesterday, this article in the WSJ reported that the the seasonally adjusted annual rate of the gross domestic product (which is the basic measure of a country’s economic performance and is the market value of goods and services in that country) is up 3.5% in the United States. This means that … CONTINUE READING /
October 27, 2009 – 7:29 pm
Marc Heller is a partner at Warady & Davis, LLP and he’s become the resident tax expert for the PERL Mortgage Podcast, my regular series of interviews with professionals in the Chicago real estate community. On this episode, Marc explains different types of tax deductions one can make once one owns … CONTINUE READING /
October 27, 2009 – 7:05 am
I just really love the Astronomy Picture of the Day (APOD, for short) — a free online service published by NASA featuring a new daily photo by an astronomer, along with an explanation from the photographer. Super cool. I look at it every day and sometimes repost the images here because … CONTINUE READING /
October 14, 2009 – 8:34 am
Sandesh Bilgi is the VP of Development at Jameson Real Estate. In this episode of the PERL Podcast (which is the podcast we started about a year ago to deliver more financial and real estate education after the Federal Bailout), I interviewed Sandesh about incentives that developers create to attract more … CONTINUE READING /
October 13, 2009 – 10:05 am
Here’s the 5th installment of the fun short films I do with Dean Vlamis at PERL Mortgage. We started these a couple of years ago, and the process usually goes like this: we get an idea for a movie, we talk for six months about the script, and then we finally … CONTINUE READING /