Radio Show at 4PM Today 970 KNUU AM in Las Vegas!

Today's guest is Steve Hawks. We are going to teach people how to make money in the real estate market today!

The "Financial Strength" Show

Todays guest are Scott Knight and Elizabeth DeFlyer from Shumway Van & Hansen who are going to assist us in navagating through BK's, Foreclosure, and other hot topics. As always we will have the ladies from First American Title with us to spice things up. Stay tuned at 4 PM 970 KNUU AM. It is going to be a hot topic!

Radio Show at 4PM Today 970 KNUU AM in Las Vegas!

Join me today with my guest Mark Coats a Regional Manager from National Credit Federation who specializes in repairing credit.

Radio Show at 4PM Today 970 KNUU AM in Las Vegas!

Tune in and listen to the Financial Strenght Show at 4PM on 970 KNUU AM. We will have a top lender from the Las Vegas area with us talking about changes in FHA, Conventional and Investor loans!

Changing Times

With loan limits set to fade in markets across the United States, Las Vegas is positioned once again to lead the pack with an FHA limit ready to recede from $400,000 to $275,000 in October with many additional cities preparing for similar reductions in FHA limits. Even with interest rates as low as they are the effect of lowering these loan amounts will expose homes above a price of $275,000 to a 20% down payment stroke which few homebuyers will be able to afford, and even fewer would want to make an investment of 20% into an asset that could see an additional erosion of 10% over the next year or two. The concern we all have is surrounding the continuance of QE3 being kicked around, and if not QE3 then who will continue to buy our bonds and without a market for our bonds will interest rates start to inflate to uncomfortable levels. The upward trending of mortgages rates would further erode the pricing model associated with real estate and add to the financial turmoil so many cities are struggling with.
This combined with the debt-limit ceiling being hit forcing legislation to decide how to increase the ceiling without decreasing job stimulation will be a delicate task, and the discussion of raising taxes could have an effect on the CORE CPI. Amongst all of these variables, business owners are standing on the sideline refraining from hiring additional manpower since the instability of tax structures are lacking immediate direction. The other issue that will be touching everyone in the U. S will be the price of oil!
With estimates being talked about for the summer of 2012 that could exceed barrel pricing of $150.00 and would push the price at the pump to over $4.50 per gallon, people are holding on to their money. While this price will not make anyone lose sleep, it will continue to chip away at the discretionary income that drives so many purchases made by Americans. The price at the pumps not paid by us, but is paid by our vendors to get groceries, products and other consumables to the stores we shop at daily.
Al l of this should prove to be interesting as political partisanship weighs more and more in the decision process of our elected officials undermining the process and the needs of the people.

Is American being sold?

In Chicago, it's the sale of parking meters to the sovereign wealth fund of Abu Dhabi. In Indiana, it's the sale of the northern toll road to a Spanish and Australian joint venture. In Wisconsin it's public health and food programs, in California it's libraries. It's water treatment plants, schools, toll roads, airports, and power plants. It's Amtrak. There are revolving doors of corrupt politicians, big banks, and rating agencies. There are conflicts of interest. It's bipartisan. It's happening daily, is it the fault of government, or has the housing bubble put everything up for sale at a discount?

Inflation?

While the Federal Reserve continues to keep interest rates low in order to avoid deflation and spur economic activity, inflation is already here. You don't need the Fed to raise rates to officially signal that inflation is here. If you make visits to the gas station or grocery store, you have felt the rise in prices. If inflation is simply defined as "too much money", then the effect is often a rise in prices.