Christian Tapia of Exit Shore Realty is almost $500k in debt because of investing in an upscale-home right as the real estate market went south. Will he be able to sell the house in today’s market?

Real World Real Estate is a reality/documentary show about how a young real estate agency is dealing with the current market. This is NOT a show featuring the rich looking for 5 million dollar homes, it is real stories from those who are going through foreclosure, bankruptcy, first time home buying, event planning, etc.

Features The Exit Shore Realty/The Roop Group of Salisbury, Maryland. Filmed in Somerset, Wicomico, & Worcester County.

Produced by Adam Durham Productions & Modulation Studios: modulationstudios@gmail.com

Special Thanks in this episode to the realtors who attended the open house.

NOTE: This episode was filmed on private property and all those interviewed on camera verbally consented to appear.

Exit Shore Realty The Roop Group Adam Roop Real Estate Marketing Business Salisbury Crisfield Ocean City Bankrupt Foreclosure Short Sale Money Investments Gone Wrong Delmarva Salisbury Real Estate Driving Reality Show Documentary Docudrama Open House Market No-Spin Season Bridal Show Houses Management Property Management Mansion Downtown Mainstreet Event Fair Entrepreneur Community Conference Conventions

©2009, Modulation Studios

Duration : 0:8:7

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While the national news has been mostly doom and gloom, he says Seattle and King County have held up relatively well.

Inventory is up and sales are off year over year, but prices remain relatively stable.

And from what Janus is seeing in the field, there may be an up tick in activity throughout this 3rd quarter, despite the uncertainty that is lingering in the market right now.

He says that buyers who have been on the fence are going to realize that timing this market is a fools game, as interest rates are still in great shape, and there is an fantastic selection of inventory.

And sellers, despite the slowdown, are seeing success when they are priced right out of the gate and they have taken the time to prepare and present their home.

Janus says the bottom line about the Seattle Area Market is that the fundamentals are strong.

The local economy is growing, and with the largest employers hiring, many more people are moving in than leaving.

Duration : 0:1:0

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The Exit Team visits a client who needs assistance with selling her house. But is she willing to make the changes with the staging (decor) of the house necessary to make a deal?

Real World Real Estate is a reality/documentary show about how a young real estate agency is dealing with the current market. This is NOT a show featuring the rich looking for 5 million dollar homes, it is real stories from those who are going through foreclosure, bankruptcy, first time home buying, event planning, etc.

Features The Exit Shore Realty/The Roop Group of Salisbury, Maryland. Filmed in Somerset, Wicomico, & Worcester County.

Produced by Adam Durham Productions & Modulation Studios: modulationstudios@gmail.com

Special Thanks in this Episode to Jennifer Cannon & Market Street Inn

Exit Shore Realty The Roop Group Adam Roop Real Estate Marketing Business Salisbury Crisfield Ocean City Bankrupt Foreclosure Short Sale Money Investments Gone Wrong Delmarva Salisbury Real Estate Driving Reality Show Documentary Docudrama Open House Market No-Spin Season Bridal Show Houses Management Property Management Mansion Downtown Mainstreet Event Fair Entrepreneur Community Conference Conventions

©2009, Modulation Studios

Duration : 0:7:49

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Duration : 0:3:26

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Hiring at Hanford should begin soon thanks to $2 billion from the economic stimulus bill, and a plan to use cleaned up land for an energy park should help sustain jobs here.

A lot of remarkable things explain the population growth over the years.

The construction of the vitrification plant at Hanford as well as highway and housing construction, many commercial projects have pushed construction employment to the highest level in more than 25 years.

In Allie’s opinion the quality of life and affordable cost of living will continue to fuel growth in the Tri-Cities.

While it sometimes feels the focus of the Western Washington media on the wine industry glares on Walla Walla and Yakima counties, the majority of the state’s wine jobs are in the Tri-Cities, and the heart of the state’s wine industry is likely Prosser, where the wine industry has made an indelible mark on that community.

There are over 200 wineries in the Columbia Valley and the Tri-Cities is at the heart of it all.

She believes the housing market conditions will continue to experience the steady upward growth pattern enjoyed for most of the past 10 years.

The Department of Energy plans to spend enough money from the economic stimulus bill to pay wages for more than 4,000 and that will pump enough money into the Tri-City area economy to create 12,400 jobs in total.

And she believes that this will quickly deplete the current inventory of homes we have available in our market and spur increased new construction.

The Tri-City area already has a wide array of research, education, training, business and labor organizations in place needed to create a new green energy economy for the region and state, said Keith Klein, executive director of the Tri-City Local Business Association.

The influx of stimulus funded jobs, green energy focused research and one of the most affordable locations will continue to bring more and more people to the Tri-Cities.

For housing alone, in the Tri-Cities during the third quarter of last year, according to the Washington State University Center for Real Estate Research, median prices were reported to be $172,400.

This was a little more than a third of the $472,000 median cost of a home in King County. In Snohomish County, just north of King County, the median price was $370,000.

South of King, in Pierce County, the median price was $288,700 and farther south, Thurston County was at $270,000.

Duration : 0:2:44

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Duration : 0:9:38

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Duration : 0:2:59

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big rally, but no one really believes it, got volume?
http://www.marketwatch.com/news/story/Sustained-rally-needs-higher-trading/story.aspx?guid=%7B8650CDE9%2D00A6%2D4858%2D95A2%2D7D538DF3C979%7D

Markets will close down
http://business.timesonline.co.uk/tol/business/economics/article5014463.ece

the new deal 2
http://www.bostonherald.com/business/general/view/2008_10_25_John_Kerry_wants_New_Deal_II:_Backs_big_fed_stimulus/

mass layoffs high
http://money.cnn.com/2008/10/22/news/economy/mass_layoffs/index.htm?postversion=2008102213

Avoid the zombies, Jim Rogers
http://money.cnn.com/2008/10/22/news/economy/mass_layoffs/index.htm?postversion=2008102213

The joke of the day, Treasury says U.S. recover in summer of 2009 LOL same exact thing they said this time last year.
http://www.cnbc.com/id/27316652

vote out the bail out guys
http://whovotedyes.com/

Housing bottom? Think again, foreclosures up 71%
http://www.msnbc.msn.com/id/27329406

Peter Schiff on inflation/deflation
watch?v=R8STuvRHPfI&feature=related

Shadowstats.com 13% inflation, 15% unemployment, GDP 3..75%

Duration : 0:17:12

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Duration : 0:7:52

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Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed.

Property values have fallen 35 percent since October 2007, according to Moodys Investors Service. Thats making it tough for owners to refinance almost $165 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale.

Negative Fundamental

Demand for commercial space comes from employment and the income generated by that employment, said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton Schools Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting job losses are a really significant negative fundamental, signaling that conditions are going to be tough for the industry for a while, he said.

That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7,000-plus smaller U.S. lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.

Duration : 0:5:57

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