{"id":10462,"date":"2009-12-01T10:27:00","date_gmt":"2009-12-01T17:27:00","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=10462"},"modified":"2009-11-30T14:37:18","modified_gmt":"2009-11-30T21:37:18","slug":"the-next-step","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10462\/the-next-step\/","title":{"rendered":"The Next Step&#8230;."},"content":{"rendered":"<p>I&#8217;ve had a lot of people ask me lately, &#8220;Tom, what do you see is coming next?&nbsp;&nbsp; What&#8217;s the next step in this mess?&#8221;<\/p>\n<p>A couple of thoughts at this point:<\/p>\n<ul>\n<li>Anyone short of Nouriel Roubini, Paul Krugman, Meredith Whitney and maybe a few others who tell you that they KNOW how this is all going to end is lying.&nbsp;&nbsp; (Did you notice how I didn&#8217;t include Treasury Secretary Geithner or anyone in Washington in that list?)<\/li>\n<li>But there are some people who have the ability to peer a little farther out into the fog than most do.<\/li>\n<li>Anyone who tells you this isn&#8217;t a confusing and potentially scary time is lying to you as well.&nbsp;&nbsp; Never in our life times have we seen the kind of financial devastation and economic pain that is currently happening.&nbsp;&nbsp;&nbsp;<\/li>\n<\/ul>\n<p>The things that are going on are causing lots of people to question a lot of things that they weren&#8217;t questioning before.&nbsp;&nbsp; Things like:&nbsp; <\/p>\n<ol>\n<li>Will I be able to retire?&nbsp;&nbsp; <\/li>\n<li>Can I ever trust a mortgage lender again?&nbsp;&nbsp; <\/li>\n<li>Will real estate still be a good investment?&nbsp;&nbsp; <\/li>\n<li>What&#8217;s happening in the stock market?&nbsp;&nbsp; <\/li>\n<li>Is my financial advisor telling me the whole story?&nbsp;&nbsp; <\/li>\n<li>What are mortgage rates going to do?&nbsp; <\/li>\n<li>How does the actions of the Federal Reserve impact the financial markets?&nbsp; <\/li>\n<li>What are the long and the short term ramifications of the deficits that the government is currently running?<\/li>\n<li>How does the value of the dollar impact real estate and mortgages?<\/li>\n<\/ol>\n<p>Those are just a smattering of the types of questions that I&#8217;ve been hearing from people lately.&nbsp;&nbsp; Okay, some of them aren&#8217;t quite in the format that I spelled them out but they have basically been asking that.&nbsp; Frankly, I think the consumer&#8217;s desire to ask more questions is a good thing and a healthy thing in the long run.<\/p>\n<p>So where am I going with this?&nbsp;&nbsp; I&#8217;m getting to it&#8230;&#8230;.<\/p>\n<p>I&#8217;ve been fortunate to &#8220;hook up&#8221; with two of the experts in other areas of the financial spectrum (one of whom is our own <a target=\"_blank\" href=\"http:\/\/bawldguy.com\">Jeff Brown<\/a>) and we&#8217;re setting up a new source for financial and real estate market insight and understanding.&nbsp;&nbsp; As <a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10462\/the-next-step\/#more-10462\" class=\"more-link\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;ve had a lot of people ask me lately, &#8220;Tom, what do you see is coming next?&nbsp;&nbsp; What&#8217;s the next step in this mess?&#8221; A couple of thoughts at this point: Anyone short of Nouriel Roubini, Paul Krugman, Meredith Whitney and maybe a few others who tell you that they KNOW how this is all [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,8,26],"tags":[428,430,429,263],"class_list":{"0":"post-10462","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-investment","8":"category-lending","9":"tag-allmarketsconsideredcom","10":"tag-chris-johnson","11":"tag-jeff-brown","12":"tag-tom-vanderwell","14":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":17511,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17511\/overnight-news-is-the-incumbent-is-now-the-real-estate-broker-elect-market-swing-threatens-overdue-shellacking-for-doe-eyed-ibuyers\/","url_meta":{"origin":10462,"position":0},"title":"Overnight News: Is \u201cThe Incumbent\u201d now the Real Estate Broker-Elect? Market swing threatens overdue shellacking for doe-eyed\u00a0iBuyers.","author":"Greg Swann","date":"November 22, 2020","format":false,"excerpt":"Seen any commercial TV lately? Have you spotted ads from local real estate vendors offering to make cash offers for homes \u2013 right now, on the spot, in any condition? \"That's not really iBuying!\" the iBuyers will shout \u2013 and it's true. It's flipping Homevestors.com-style \u2013 Ug's uglier offspring. What\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17595,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17595\/overnight-news-caveat-lector-the-people-who-lied-to-you-for-years-about-seth-rich-are-lying-about-everything-else-too\/","url_meta":{"origin":10462,"position":1},"title":"Overnight News: Caveat\u00a0lector: The people who lied to you for years about Seth Rich are lying about everything else, too.","author":"Greg Swann","date":"December 13, 2020","format":false,"excerpt":"I'm not even linking to the Seth Rich news. If you care you know, and if you don't you're deathcamp-bait anyway. The biggest news story in the world is another one that is not being reported: We are at war with China. We have been since the virus, at least,\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5161,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5161\/mortgage-market-week-in-review-13\/","url_meta":{"origin":10462,"position":2},"title":"Mortgage Market Week in Review","author":"Tom Vanderwell","date":"October 24, 2008","format":false,"excerpt":"Here we are on Friday again.\u00a0 That means that it\u2019s time to try to summarize what\u2019s going on in the mortgage and finance world.\u00a0\u00a0 I\u2019m going to talk about a couple of main things:\u00a0 the economic fundamentals, some earnings reports\u00a0and the \u201cmargin calls\u201d that are going on in the equity\u2026","rel":"","context":"In &quot;Lending&quot;","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18058,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18058\/overnight-news-when-will-the-bad-behavior-stop-when-the-consequences-start\/","url_meta":{"origin":10462,"position":3},"title":"Overnight News: When will the bad behavior stop? When the consequences start.","author":"Greg Swann","date":"April 17, 2021","format":false,"excerpt":"When will the riots stop? When law enforcement resumes enforcing the law. An easy first step: Every government employee arrested at a riot \u2013 especially schoolteachers \u2013 should be fired at once. When will the lies about Trump and his voters stop? When the people caught lying, again and again,\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18472,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18472\/overnight-news-what-special-kind-of-genius-does-it-take-to-put-the-employee-most-likely-to-die-of-covid-in-charge-of-covid-cleanup\/","url_meta":{"origin":10462,"position":4},"title":"Overnight News: What special kind of genius does it take to put the employee most likely to die of COVID in charge of COVID cleanup?","author":"Greg Swann","date":"September 13, 2021","format":false,"excerpt":"Before the lockdowns, I used to shop at Fry's. A little grubby and crawling with dragged-along kids, but close to home. When Arizona went into temporary insanity mode, a manager at Fry's decided he had to impose traffic flow \u2013 crowding people outside in the cold, doubly stupid \u2013 so\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9444,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9444\/should-realtors-interview-lenders\/","url_meta":{"origin":10462,"position":5},"title":"Should Realtors &#8220;Interview&#8221; Lenders?","author":"Tom Vanderwell","date":"August 4, 2009","format":false,"excerpt":"I got what I thought was a very interesting and thoughtful e-mail last week from Jessica Horton, a Realtor down in Georgia, who I\u2019ve gotten to know.\u00a0\u00a0 She and I have chatted a bit both online and over the phone about the markets, the dynamics of today\u2019s lending rules and\u2026","rel":"","context":"In &quot;Dirty Laundry&quot;","block_context":{"text":"Dirty Laundry","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dirty-laundry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=10462"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10462\/revisions"}],"predecessor-version":[{"id":10463,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10462\/revisions\/10463"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=10462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=10462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=10462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}