Dennis Lockhart Speech
September 30th, 2008
President of the Federal Reserve Bank of Atlanta Dennis Lockhart spoke today to a group in New Orleans. Here are some key snippets of his speech:
THE BAILOUT
September 28th, 2008SPECTACULAR NEW OCEANFRONT LISTING
September 26th, 2008
We are pleased to announce the listing of Makena Surf Unit F-301. This extraordinary three-bedroom condominium in one of the areas most prestigious complexes offers stunning vistas of the Pacific and has been completely remodeled using top of the line materials throughout. At 1640 square feet, with another 720 square feet of lanais, this incredible top floor property combines the finest materials, the newest technologies and is large enough to accommodate family and fiends. Makena Surf offers two pools, two beaches and the serenity only the gorgeous Makena coast can bring. Truly a one of a kind property! Offered at $4.999 million. Contact us for a private showing.
NATIONAL SALES RESULTS FOR AUGUST
September 24th, 2008
The National Association of Realtors has released the existing home sales results for August.
WHAT DOES IT ALL MEAN III
September 22nd, 2008
So in the last several days there have been the following major developments:
- The Treasury crafted a plan in which it would buy $700 billion worth of mortgage backed securities from financial institutions;
- The SEC has placed a temporary ban on short-selling 800 financial institutions;
- The Fed has approved Morgan Stanley and Goldman Sachs becoming bank holding companies; and
- Read More »
ANYONE HAVE WHIPLASH YET?
September 18th, 2008
The equity markets rocketed today after the Federal Government all but promised a bailout.
WHAT DOES IT ALL MEAN
September 17th, 2008
So what do the events of the past week mean for Maui real estate? First, let’s recap the major events:
Another Day, Another 400 points
September 17th, 2008ANOTHER TOM AND SEAN CLOSING
September 16th, 2008We are pleased to announce the sale of Royal Mauian unit 115. This two bedroom unit sold for $1.035 million. Yet another example of how well the Leading Edge Marketing System works in difficult markets.
AIG Taken Over and Lehman Sold After All
September 16th, 2008
In two astonishing pieces of news, giant insurer AIG will receive an $85 billion loan from the fed in return for an 80% interest…
