Tech companies hoarding cash

So when will some of these big technology companies start to buy again? There are a handful of tech companies that are sitting on mountains (literally) of cash! Take a look at this short list. Cisco, $29.5 billion. Applie, $25.6 billion. Microsoft, $20.7 billion. Google, $15.9 billion. Intel, […]

Obama in Denver today!!!

President Barack Obama came to Denver CO today to sign into law a $787 billion stimulus bill. Included in this bill is a Home Buyer Tax Credit. The originally proposed $15k tax credit got modified as it passed through the House and Senate, and what we’re getting now is an $8000 tax credit […]

More positive news in real estate?

It’s still a bit early to say that we are turning the corner, or even approaching that corner, but we got another dose of good numbers that I’d like to share with you. The news is encouraging, especially when they start to pile up and aren’t just here and there. On top of […]

Sales up in December

After reading all the headlines about how bad our economy is (see my last post) and all the massive layoffs the major corporations are doing, it’s hard to believe that real estate sales we actually up in December….up by 6.5%!!! That is coupled with the news that real estate inventories are down by 12%, […]

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