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Double Dip In Home Values Happening NOW | Banks Agressively Foreclosing And Approving Short Sales

Submitted by Tim Harris on June 21, 2010 – 12:16 pmNo Comment | Popularity: 2% [?]

Picture 355 300x247 Double Dip In Home Values Happening NOW | Banks Agressively Foreclosing And Approving Short Sales

Harris Real Estate University students (and future students)…important, historic stuff happening in our country. All the rules have changed for the housing industry.

Here are a few important quotes and facts from this video:

* “People doubt there’s a double-dip in housing,” she said. “It’s amazing.”

* The primary reason she cited for another leg down in housing is that banks are getting more aggressive foreclosing on delinquent borrowers. That in turn will push more inventory into the market, pressuring prices and ensuring that economic growth will be tepid at best.

* “Banks are actually accelerating their foreclosure programs, accelerating their short-sale programs. People who have been paying their mortgage now have to start paying rent,” Whitney said. “You’ll see a real leg down in supply displacement when you foreclose and you have to sell.”

* Consumer behavior has exhibited traits Whitney said she’s never seen before.

* Primary among the anomalies has been the trend of homeowners not paying their mortgages and instead paying down other bills and increasing their personal spending.

Popularity: 2% [?]

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The Greatness in Others

by Anthony Crecco

Recognizing Our Own Greatness
We cannot recognize greatness in others unless we too posses that same quality in ourselves.

A person who is said to possess greatness stands apart from others in some way, usually by the size or originality of their vision and their ability to manifest that vision. And yet those who recognize that greatness, whether they display it themselves or not, also have greatness within them; otherwise, they could not see it in another. In many ways, the achievements of one person always belong to many people for we accomplish nothing alone in this world. People who display greatness rely upon others who are able to see as they do, to listen, encourage, and support. Without those people who recognize greatness and move in to support it, even the greatest ideas, works of art, and political movements would remain unborn.

We are all moved by greatness when we see it, and although the experience is to some degree subjective, we know the feeling of it. When we encounter it, it is as if something in us stirs, awakens, and comes forth to meet what was inside us all along. When we respond to someone else’s greatness, we feed our own. We may feel called to dedicate ourselves to their vision, or we may be inspired to follow a path we forge ourselves. Either way, we cannot lose when we recognize that the greatness we see in others belongs also to us. Our recognition of this is a call to action that, if heeded, will inspire others to see in us the greatness they also possess. This creates a chain reaction of greatness unfolding itself endlessly into the future.

Ultimately, greatness is simply the best of what humanity has to offer. Greatness does what has not been done before and inspires the same courage that it requires. When we see it in others, we know it, and when we trust its presence in ourselves, we embody it.

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Download now or watch on posterous
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Sell Your Own Home and Save Thousands!!!
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