BR's RE BLOGATERIA!

They might be on the Time Life infomercials late night but they aren't selling any houses.

REO is the key word you'll be reading about for the next 12-18 months. Even if credit confidence comes back in the markets next year there is a full funnel of bank owns properties across the country. Good news for buyers, investors,and in the long-term families. Neighborhoods that seemed unaccessible will become the American Dream for many of you next year. We hope to be part of your journey to getting to the next level.

If you on the selling side, you'll probably be considering renting you home to keep you equity and looking at other markets to invest in to rebuild that nest egg. All is not lost, like a first date, if your home has spectacular feature, is clean, and shows well you will still get your price if your realistic.

It's a very interesting time in real estate. If you talk to the feet on the ground you'll get the best picture of what is really happening out there. There are a lot of outside factors that will influence the housing market. Stayed tuned for regular updates.....

Happy and Safe Holidays to all of you out there, where ever you are. We'd love to hear from you the farther away you are. If your reading this the world is that much smaller.

Ok it's not real estate but if you had your own home you could listen all this great music while getting a tax break....

Probably the best band a very select few know about in the U.S. If you want to really impress your music snob (insert relationship type here) check out any and all YOU AM I. They been through the U.S. twice this year if you missed it you missed alot....... Buy any of it and all of it. Tim Rogers ranks with some of the greatest song writers, and the live show are spot on amazing.

http://www.youami.net/

 BR’s Christmas List

A lefty Gretch ( preferably hollow body 1957-59)

An Ocean Kayak so I can get slammed by an Orca see video……http://youtube.com/watch?v=xEUJSalHI_A

Roland electronic drum kit with headphones (I live it a nice neighborhood, they wouldn’t like the noise)

The IRobot with the video camera (iRobot^® ConnectR^™) to see what those slacker guests are up to while your working...             http://irobot.com/sp.cfm?pageid=338

A touch screen GPS with the ability to change the voice to the local accent for directions. (That female voice works my last..... Chris, can you say Harry Enfield)

A Spam filter that really works.

A nice diving trip to Indo.

A small piece of land near running water with Trout in it.

Private Equity to get back to business.

A bigger bed so the little one can stop kicking me in the head.

May all your Holiday wishes come true! Health,Wealth & Prosperity in the coming year to all of you from all of us. Stay in touch we love to hear from you where ever you are out there….

Well the National Association of Realtors latest report has "pending" home sales trending upwards which is a positive sign for those of you who were smart shoppers and listened and took advantage of multiple factors that made for good deals.

While this is positive "pending" means in escrow but not necessarily sold, any good real estate agent will tell you that more deals have fallen out of escrow this year for a variety of reasons that in a long time. This being said, the folks that got great deals this fall, Mark, Mark, Mark, & Terry got great deals and took advantage of the REO/bank market effectively.

With the Fed announcement tomorrow expected to be .25 to .50% perhaps credit will gain some momentum but this isn't likely until everybody sobers up after the New Year.

You friends with alternate currency can really take advantage of this opportunity after you do your jeans and rolex shopping in NY.  Check out the Holiday windows here. http://www.amny.com/entertainment/holiday/am-holidaywindows2007-gallery,0,4792654.photogallery

It's still and will be a great time to buy for another 9-12 months. The banks are still looking to ease their pain on the write downs. Deals are being made and you can even be POSITIVE CASH FLOW here in Los Angeles. You'd be surprised what is available in good neighborhoods..... But you'll have to call or write if you want the details.

Oh by the way, you're in BIG TROUBLE if you didn't get you Chanukah gifts yet.... Get it together people........

Stay tuned for BR's holiday wish list.........................

Well they did it! The Fed, and the Federal Gov't. are going to create a "Bail Out" of a very specific line of subprime borrowers. Is this going to fix the existing problem, not really. The reality is there is such a large inventory of REO/bank owned properties already out there that deals will still be had for at least another 12 months.

I know it's been a while but, you all have had me very busy with REO/Bank deals and smart buyers are taking advantage of the opportunities in a very interesting market. I could say I told you so, but your smarter than that, and the writing is on the wall in every state across the country.

Opportunities abound in every sector of the real estate market. We'll be dedicating a entire page on the Website to this shortly to answer many of you questions, but I can't be more clear about this... IT's a GREAT TIME TO BUY! Our crack research department is inundated with opportunities daily. We're working tirelessly to get that information out to you as quickly as possible.

Check out our new "chat with us" feature on the Website so you can ask questions directly and get real time updates!

With the dollar down and virtually all other currencies up, OH CANADA!!!,   Our friends in Europe and Asia are diversifying quite intelligently here in the U.S. I can only tell you these opportunities will continue for some time even with Federal intervention.

Give us a call +1 (310) 200-2691 or drop us an email, info@yoursbl.com.

* We're also reachable through SKYPE if your in other time zones.

More to follow, let see what the market does with this latest speech....