July 09

We have the final business plan for rock bottom completed. Next phase: PPM. Continuously working with the web team - able to upload properties and interact with the site now.

Foreclosures up 15 percent in first half of 2009 - Real estate- msnbc.com

Foreclosures up 15 percent in first half of 2009 - Real estate- msnbc.com:

More than 336,000 households received at least one foreclosure-related notice in June. That works out to one in every 380 U.S. homes.

On a state-by-state basis highest foreclosure rate in the first half of the year (with more than 6 percent of all households receiving a filing)

1. Nevada
2. Arizona
3. Florida
4. California

Followed by Utah, Georgia, Michigan, Illinois, Idaho and Colorado.

Photos make online home listings stand out

Research shows online property listings with photos attract more buyers than those without, but quality is important. Read more.

July 4, 2009

Joey is leaving Miami and heading back to L.A. He is surely ready to get back. Realization of where we've come. Keep moving ahead. Celebrated Joey's 30th birthday. Received the business plan draft - which JZ said was "the best present" he could have asked for. PZ - thanks for the support. Made a lot of progress with the website, great cc Maria. Thanks for keeping up with us all the way from Medellin. Starting a business is a process indeed. Just keep moving!

First Time Homebuyers

First time buyers accounted for 40% of all April sales. (NAR)

These buyers are not chained to an existing home whose value is falling, and they have not suffered big losses in their net worth. (Business Week)

Fla.'s $8K program takes effect

First-time homebuyers can use their tax credit toward a downpayment, but the state must first collect money to fund the program. Read more