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Halloweenishness

Zombie Pet

Wired.com's best reader submittals for "Best Geeky Halloween Costumes."    I am particularly fond of these two photos from the top ten. I am even more particularly fond of tried and true heavy metal gimmickry from Eurometal masters, Helloween. Here's their video, "I Want Out." Please, do not adjust your monitors. Now, to cleanse your palate and to refresh your idealism for the pagan holiday, I present a video from Beverly Hills multi-milionaire, Ozzy Osbourne. Witness his earliest gimmickry (featuring an extra large toothbrush) - this is rare, behind the scenes oddity at a 1970 soundstage with Black Sabbath doing Paranoid. Proto-metal, indeed. I bid you all a very hearty farewell...before I go, wanna know what I think is really scary? 1. The Zillow Third Quarter survey, which concludes that the "Not My House, Not My Neighborhood" effect remains alive and well with residential real estate sellers nationwide 2. The New York Times lead off … [Read more...]

“The US Treasury has become the only “customer” that matters…”

john-mauldin

Read this 4th quarter forecast from Stratfor, via my friend and weekly advisor, John Mauldin. John states: "What matters now are the "exogenous" factors: government guarantees of the commercial paper market, currency interventions, direct capital infusions, etc. John offers a forecast from his friend George Friedman at Stratfor. "George's team analyzes US government policy as well as the moves that are being taken by central banks and governments around the world as the private sector gets taken public all across the globe." I believe that anyone who cares about the Intown Atlanta real estate submarket should care about the "exogenous" or external factors that affect it. Beyond your neighborhood, there is a geopolitical, military, and macroeconomic quagmire that appears to be insurmountable in some markets, some neighborhoods, some streets. Companies have gone "poof!" Banks have squandered cash. Governments are getting bigger. There is an ongoing war on … [Read more...]

Shooting 12 for 100 in The Intown Atlanta Real Estate Market

easy-lay-up

  In this article in Business Week last month, Ivan Boesky's cousin (that's right, Ivan Boesky's cousin) says this about the Shanghai Stock Market (it's the worst performing market in all of Asia - and that is saying something!)   "We feel our feet are touching bottom now," he says hopefully, adding that next year could be good since stocks have fallen so far, so fast. "We've set the bar very low now." In the new year, "We are set up now for some very easy layups."     Which leads me to state that hope is not a strategy, Mr. Boesky.     Nevertheless, I thought of Mr. Boesky's (I like saying Mr. Boesky) mention of "lay ups" when I contemplated the latest Intown Atlanta real estate numbers through September 2008.   So...Only 12 out of 100 Intown Atlanta Sellers are shooting lay ups.   And... only 36 out of 100 are scoring at all.   Watch for more details, but here's 3 of the most interesting things that I gleaned from my handwritten notes at a presentation … [Read more...]

No One Cares About Me

dscf1044

It does not take very long for Seth Godin to come along with a book nowadays. I just obtained my copy of his new book Tribes and I'll be reading it over the next few days. Regardless of his frequency, his books are always on point, always readable and entertaining, and always on my bookshelf. I just know that after reading the highlights of Tribes, and after watching this video, I believe very truly that no one cares about me. In the video, Seth answers the question: "Is social networking good for business? If so, what types of businesses?" The video is hosted at American Express' Open Forum site, which is loaded with good stuff for small businesses and marketers. Good marketing matters to me because my daughter expects the utmost professionalism in my real estate practice. Obviously, the shameless display of cuteness below is just one of my "good marketing" tactics. Thanks to all of my clients and friends who exchange ideas with me, who refer business to The … [Read more...]

In The Year 2525…

"In The Year 9595, I'm kinda wonderin' if man is gonna be alive, He's taken everything this old Earth can give, And he ain't put back nothing..." Rather prescient for a couple of 60's singers, don't ya think? Watch this Zager and Evans classic performed on some long forgotten TV soundstage circa 1969... … [Read more...]

What happened to East Point?

ep1

Well, you could argue that what happened to East Point residential sales prices is what happened to the rest of the close in metropolitan Atlanta neighborhoods - sales prices peaked in June 2006 and have been in decline almost ever since – 25 out of the past 26 months through August 2008. But, that would not tell the whole story... East Point is loaded with cute brick houses in good condition that are available for competitive prices.                     For years, East Point didn't have the bars, restaurants and community nightlife that made the neighborhood as special as East Atlanta Village or Decatur or Kirkwood, but in the past 7-8 years that has all changed. Thumbs Up Diner arrived ...  The Corner Tavern has been holding it down for almost 4 years ... The edges of East Point now have easy access to lots of retail, a movie theatre and tons of restaurants. All this and you are only 10 minutes from downtown Atlanta. All this and some of the … [Read more...]