Scott Skinner's (scottskinner) Blog

Not the way to start day of the rest of our economic lives.  Wall Street, and the Dow Jones falling nearly 500 points  more than 5 percent. The market was expected to give back some gains after a six-day runup that lifted the Standard & Poor's 500 index more than 18 percent. Investors, very surpr...

Wall Street was enjoying an Election Day rally   The Dow Jones industrial average soared more than 300 points, and the other major indexes rose well over 3 percent. Investors are also eager to have the election over with. Analysts predict stocks are headed for a recovery no matter who is elected,...

VOTE "YES" for NO NEW TAXES on Real Estate Arizona Proposition 100, known by its supporters as the Protect Our Homes Act, will be on the November 4, 2008 ballot . I encourage Phoenix AZ real estate owners to Please Vote Yes on Proposition 100 that, in essence , would ‘prohibits the government fro...

Who really is to blame?? Borrowers -  remember, Buyer Beware! We are quick to recall that old adage until it happens to us. However, buyers must take some responsibility before they are quick to point blame. Lenders - Most lenders originate loans to consumers with the plan of immediately selling ...

Ranking Arizona is which ranks the results of largest business opinion poll in Arizona. The Poll of the Greater Phoenix general public is a vote upon business and leisure activities of Arizona's business professionals. Real Estate has several sub-categories including Active Adult Communities (Pho...

a better-than-expected reading on the economy in the third quarter gave way to further questions about corporate profits. Still, the market appeared generally relieved after a government report showed the economy contracted in the third quarter by less than expected and after the Federal Reserve'...

There are several challenges we still face: Large inventory/supply - almost 11 months average across the country rising interest rates - FED indicated rate cuts are over High energy and food costs - oil at $142/barrel - $4.25/ gallon at the pump tighter access to credit - the inability/difficulty...

--- NEW STOCK MARKET TERMS CEO --Chief Embezzlement Officer. CFO -- Corporate Fraud Officer. BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and t...

Check out PolicyMap.com ; the site offers: over 4,000 indicators related to demographics, real estate, crime, health, schools, housing affordability, employment, energy, and public investments." where you can " Search any location by address, census tract, county, state, zip code, school district...

In many area of the country and in parts of Arizona water damage from floods are a serious issue.  In fact, flooding is the leading natural disaster in the U.S., reports the Federal Emergency Management Administration. Flood losses averaged $2.4 billion a year the past decade. However, in Maricop...