Comments on: Eight Notes on Residential Real Estate http://alephblog.com/2007/09/12/eight-notes-on-residential-real-estate/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Fri, 25 May 2012 03:46:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Aaronhttp://alephblog.com/2007/09/12/eight-notes-on-residential-real-estate/comment-page-1/#comment-5294 Aaron Fri, 14 Sep 2007 03:34:32 +0000 http://alephblog.com/2007/09/12/eight-notes-on-residential-real-estate/#comment-5294 I know there isn't really anymore evidence needed regarding just how bad the housing market is right now, but Hovnanian is slashing their prices up to 25% just to try to get some people to bite on some of their housing, primarily in the New Jersey and northeast market. I wrote about this earlier tonight on my blog. http://www.growyourfunds.com/2007/09/hovnanian_hov_takes_unpreceden.html I know there isn’t really anymore evidence needed regarding just how bad the housing market is right now, but Hovnanian is slashing their prices up to 25% just to try to get some people to bite on some of their housing, primarily in the New Jersey and northeast market. I wrote about this earlier tonight on my blog.

http://www.growyourfunds.com/2007/09/hovnanian_hov_takes_unpreceden.html

]]> By: mariannehttp://alephblog.com/2007/09/12/eight-notes-on-residential-real-estate/comment-page-1/#comment-5285 marianne Thu, 13 Sep 2007 23:25:15 +0000 http://alephblog.com/2007/09/12/eight-notes-on-residential-real-estate/#comment-5285 It should be noted that there is a differentiated value for subprime or stated income loans in the commercial lending market. This loan type is not entirely bad despite the abuse of some in the residential lending arena. Oftentimes, individuals that want to start or acquire a small business, purchase a gas station, acquire a motel, open an auto repair shop or any of a myriad of sole proprietor establishements, and do not have the portfolio that would make them attractive to the big box leaders. Lending companies like Ocean Capital in Rhode Island offer subprime and stated income loans by using up close and personal evaluations of the borrower and the opportunity. We need companies like this to support new business opportunities. It should be noted that there is a differentiated value for subprime or stated income loans in the commercial lending market. This loan type is not entirely bad despite the abuse of some in the residential lending arena. Oftentimes, individuals that want to start or acquire a small business, purchase a gas station, acquire a motel, open an auto repair shop or any of a myriad of sole proprietor establishements, and do not have the portfolio that would make them attractive to the big box leaders. Lending companies like Ocean Capital in Rhode Island offer subprime and stated income loans by using up close and personal evaluations of the borrower and the opportunity. We need companies like this to support new business opportunities.

]]> By: Steve Miloshttp://alephblog.com/2007/09/12/eight-notes-on-residential-real-estate/comment-page-1/#comment-5230 Steve Milos Thu, 13 Sep 2007 11:25:37 +0000 http://alephblog.com/2007/09/12/eight-notes-on-residential-real-estate/#comment-5230 David, One name that will benefit moderately from the foreclosure mess is Dolan Media (DM), a recent IPO. It's not cheap, but one name to watch, as one aspect of their business is foreclosure notices in Indiana and Michigan, ground zero for this mess. I wouldn't buy it now, but one can monitor it. David,

One name that will benefit moderately from the foreclosure mess is Dolan Media (DM), a recent IPO. It’s not cheap, but one name to watch, as one aspect of their business is foreclosure notices in Indiana and Michigan, ground zero for this mess. I wouldn’t buy it now, but one can monitor it.

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