Welcome to Juan's Dwelling Place

The increasing number of foreclosed properties is sad to say the least. It brings down property values and dislocates families. However, while some scramble to manage the crisis, others see a wonderful window of opportunity. And, many of these people are buying up foreclosed properties at extremely low prices. In Columbia, SC and surrounding areas, we have not been hit with the number of foreclosures seen throughout the nation but we have been dramatically affected as well.

We meet many potenti… Continue

Published by The Homebuilders Association of South Carolina
Wednesday, 17 September 2008
Staff Report

Columbia’s housing market has all the positive factors working in favor, an analysis presented during the Home Builders Association of South Carolina state convention reported.

The point that is overlooked all too often is that housing markets are local, said Robert Denk, assistant staff vice president of forecasting and analysis with the National Association of Home Builders who presented the… Continue

Commentary: Bankruptcy, not bailout, is the right answer
Editor's note: Jeffrey A. Miron is senior lecturer in economics at Harvard University. A Libertarian, he was one of 166 academic economists who signed a letter to congressional leaders last week opposing the government bailout plan.

Economist Jeffrey Miron says the bailout plan presented to Congress was the wrong solution to the crisis

CAMBRIDGE, Massachusetts (CNN) -- Congress has balked at the Bush administration's proposed $700 billio… Continue

How do you typically embrace the world? Are you constantly waiting for the storm to arrive, or do you look forward to a day of uncertainty? Do you typically see the good and positives in most situations, or are you constantly looking over your shoulder? Your attitude makes a dramatic difference on your response and experience to situations.
With the government stepping in to aide, or potentially take over Fanny Mae and Freddie Mac, we are seeing another challenge hit the financial markets.

This… Continue

Hello Everyone,

I don’t know about you, but I am tired of the “chicken little” reporting that we hear every minute of every day. We hear “The economy is horrible, banks are collapsing, real estate is bad, the world is ending, blah, blah, blah”.

Are things down a bit…..YES

Is our economy going to collapse like the media would have you believe……NO!

Yes, the economy has slowed down, but we have yet to have a quarter with NEGATIVE growth!

Yes, a few banks have been closed, but there are still 1… Continue