Josh McLean's (joshmclean) Blog

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Real Estate Agent - Clay and Company,LLC
RECENT BLOG POSTS
This is Destin's most exclusive gulf front community. All owners are able to use the amenities of Destiny East. These amenities include tennis. clubhouse, community pool, putting green, and 25 seat movie theatre. If you are looking for exclusive gulf front living then this neighborhood is for you...
01/15/2008
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01/15/2008
What a difference a day makes for mortgage giant Freddie Mac.The stock surged 14% on November 28, to $29.42, its largest one-day gain in 19 years. Freddie jumped on news that it will have no problem raising $6 billion of capital in a preferred stock offering to bolster its balance sheet. It also ...
01/13/2008
We at Kiplinger's Personal Finance magazine believe housing prices nationally will bottom out in 2008, but the recovery for housing markets will be slow. While lenders and loan servicers, the federal government and consumer credit counselors work out a plan to relieve some homeowners facing unaff...
01/13/2008
We'll say this for the U.S. economy: It can take a punch. Consider the blows it has absorbed just this year. The worst real estate crash since the Great Depression. Pow! Oil prices up from $50 to $90 a barrel since last January. Bam! A subprime mortgage mess metastasizing into a full-blown credit...
01/13/2008
NAR: Worst is over - existing-home sales to trend up in 2008 WASHINGTON - Dec. 11, 2007 - Existing-home sales are projected to trend up in 2008, with pending home sales showing a slight near-term rise, according to the latest forecast by the National Association of Realtors (NAR). However, a reco...
01/13/2008
JACKSONVILLE , Fla. - The St. Joe Company announced today that it intends to significantly accelerate its value creation process in Northwest Florida and is restructuring the company to accomplish that objective. The restructured JOE is designed to increase its financial flexibility and strengthe...
01/13/2008
Real estate investor Matthew Martinez is the point man for a private equity group that plans to invest $200 million in Florida condo developments. But recent forecasts show many housing markets in the Sunshine State are looking at double-digit drops in home prices. What is he thinking?"The smart ...
01/13/2008
Two years of unexpectedly quiet hurricane activity in the US have caused a dramatic drop in insurance premiums that, experts say, could spark consolidation amongst brokers and underwriters.Brokers are predicting cover for hurricanes in the will tumble by at least 10pc in 2008The chief executives ...
01/13/2008
NEW YORK (CNNMoney.com) -- The delinquency rate for mortgage borrowers spiked higher in the second quarter and the number of homes entering the foreclosure process hit a record high, according to a report released Thursday. Deliquencies hit 5.12 percent of all outstanding mortgages, up from 4.39 ...
01/13/2008
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Josh McLean

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