The Orlando Condo Blog

Remember when we had a liquidity crisis?  When all the banks started freaking out about the mounting losses from crappy loans they slapped together without reading the paperwork?  And then once the taxpayers bailed them out we suddenly had a foreclosure crisis because now they could afford to pay the people to take away our [...]

Where have I been this past month?  Why have I denied you your bi-weekly ration of off-color humor interwoven with current events?  What possible excuse can I have for such a blatant shirking of my responsibilities?   Vacation.  And it was AWESOME.  I’m totally tanner than you right now.   So, I clearly have some [...]

President Obama signed the Dodd-Frank Financial Regulation Reform Act into law Wednesday, be­ginning what will inevitably become a maelstrom of angry lobbying and  political jockeying.  Obama described the 2300 page behemoth as a “common sense approach to long-needed financial regulation”.  I don’t know about you, but ‘common sense’ usually doesn’t need to be explained in [...]

The U.S.A. and England have moved from “in a relationship” to “it’s complicated” over the one-two punch of BP’s massive oil spill trashing the Gulf of Mexico (now holding the esteemed “greatest American ecological disaster” slot) and our 1-1 tie in the first game of the World Cup.    Facebook status joke?  You betta’ believe.  [...]

As I sift through the various economic reports America has to offer on a monthly basis, I am filled with a unique, awkward kind of happiness.  Looking at the numbers and smiling is kind of like being happy that your friend isn’t on fire anymore.  You think “great, my buddy’s not burning anymore” right before [...]

Anyone remember that crazy time toward the end of 2008 when all of our portfolios fell apart?  Through a clever combination of whiskey and denial, most of us have managed to effectively neutral­ize any memory of the actual happenings of the crash.  All we know is that we landed somewhere un­pleasant and the banks are [...]

Optimism abounded this week as everyone held their breath and waited for Friday’s jobs report num­bers to come out.  The universal hope was that we would see job growth in December of 2009, which would be the 1st growth we’ve experienced in 2 years. Did we?  Could we?  Hope and change? Nah.  85,000 more jobs [...]

Here we are again, winding down the year and prepping all of our grandiose plans of mice and men for the new year.  2009 is all but in the record books.  My guess is that many of you would like to tell 2009 “good riddance and don’t let the door hit you on the way [...]

Holy heck on a waffle cone, people.  Let me try to itemize the plethora of madness that has taken place since my last newsletter installment: 1) Tiger Woods crashed into a tree and then essentially admitted to marital “transgressions”.  Jerry!  Jerry!  Maybe just stick to the fairway next time, chief. 2) Global warming has been [...]

It seems as though every time you turn on the news they either have a “Our economic messiah has arrived” statistic for you to show everything is great, or a “We’ve mortgaged our children to the Chinese who are using them to fund nuclear bombs” comment to show everything is terrible. Gross Domestic Product (what [...]