Clay Lee
Broker/Realtor®
Read my blog below
World News Category
A Silver Lining to a Dark Cloud
October 21st, 2008 Categories: Market Trends, World News
Lately, the media has not had a lot of “good news” to report on. The stock market is down… way down. Congress is continually arguing about economic stimulus packages that, if not passed, would mean millions of Americans losing their jobs and retirement funds. Obama and McCain will reportedly spend around 30 million dollars over the last month of their campaigns on mostly negative ads. Thousands of American families are having their houses foreclosed on. And, in a recent pole, about 75% of Americans think things are going badly in our country. Did I mention we are at war? Is there any light at the end of the tunnel? Yes. In fact, look closely and you can see the some light right now. Less than a year ago, gas prices were one of the hottest topics in the news and politics, with people fearing that rising oil prices would mean they could no longer afford to drive their own cars. Don’t look now, but oil prices have dropped dramatically; 53% since July 11th. What was, just a short time ago, our nation’s number one concern has now become a silver lining in the dark cloud that is the U.S. economy. So, while there probably won’t be much to smile about in tonight’s news, try to look at the bright side: at least there won’t be any reports of heart attacks at the gas pump. Everyone keep your heads up and remember that all these things, like gas prices, can get better with time.
If you have any question, feel free to contact me anytime at rclaylee@yahoo.com or 979-255-1839
College Station’s #1 Luxury Lifestyle & Real Estate Expert for over a Decade!
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Easiest Way to Divide Real Estate in a Divorce
October 10th, 2008 Categories: World News
If a couple decides to separate after many, many years of marriage, one of the burning questions on everyone’s mind is, of course, who gets the house? How about both of them! In what reporter May Titthara called, “the strangest thing I’ve ever seen,” a Cambodian man, after separating from his wife of over 40 years, literally CUT HIS HOME IN HALF! See exactly what happened here and be glad that here in American we have things like mediators and divorce court to keep something like this from happening to your house..
If you have any question, feel free to contact me anytime at rclaylee@yahoo.com or 979-255-1839
College Station’s #1 Luxury Lifestyle & Real Estate Expert for over a Decade!
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Taking a Stand Against Foreclosures
October 9th, 2008 Categories: Foreclosures, World News
The mortgage foreclosure epidemic has been taking thousand of families who can no longer afford to pay their mortgage and putting them out on the streets. But what about the families who are still making their monthly payments, do they deserve to be thrown out too? In apartment complexes all across the country, good tenants, who have never so much as missed a payment, are being evicted from their apartments because building owners have fallen behind on their mortgage payments. Fair? Illinois sheriff Thomas J. Dart doesn’t think so, and is now refusing to evict good tenants from their homes, calling it “insane”. Get all the details here and decide for yourself whether these people deserve to be out on the streets.
If you have any question, feel free to contact me anytime at rclaylee@yahoo.com or 979-255-1839
College Station’s #1 Luxury Lifestyle & Real Estate Expert for over a Decade!
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Zimbabwe: A Country of Billionaires
September 6th, 2008 Categories: World News
What would you do with $100 billion? Buy a house? A car? Your own country? How about a loaf of bread. Zimbabwe recently released a new bank note to the tune of $100 billion, which, according to government officials, is not quite enough to pay for one loaf of bread. With an official inflation rate of 2.2 million percent since 1980, Zimbabwe’s inflation rate is by far the highest in the world. New high dollar bank notes are being introduced as a temporary solution to this long standing problem. These temporary notes are not meant to take the place of official currency. However, Zimbabwe has not had official currency since the temporary notes were introduced in 2003. As long as the inflation remains high, cash shortages will persist. Inflation is best combated by increasing production, but this has proved difficult for the country in recent years. With an expiration date of December 31, it seems that even this new $100 billion dollar bank note will soon become nothing more than pocket change, and a new larger bill will Read the rest of this entry »
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