Tuesday, August 28, 2007
Off to Jackson Hole on Thursday
I am going to this year's Kansas City Fed symposium, where I am giving a paper with Susan Wachter called the Housing Finance Revolution. I have pretty much wanted to do something like this since I was a kid (I know, I'm a strange kid).
Posted by Richard Green at 7:30 PM
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Richard, I hope you had a great time in Jackson Hole. I own a real estate brokerage in Jackson. We have continued to "buck" the national trend of decreasing values. Our inventories continue to be constrained at or near 20 year lows and we saw a 26% average price increase in 2007 (over 2006) . I do expect a decrease this year (not rocket science) But we will see. My company is trying a new approach - we are catering to the very highest end by offering Fine Art, Antiquities, and Real Estate. We are trying to offer a different experience for our www.raregalleryjacksonhole.com
Refinance With Seller Carrying Back A Second Mortgage scenario is very similar to the Equity Share Owner situation but the owner does not become an equity partner; he becomes a second mortgage holder reoported by David lindahl scam.
This saves you a great deal of money in the long run, because you do not give up 20% of the profit and 20% of the equity!
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