As I head to work today I expect the market to fall substantially today. With Lehman Brothers declaring Bankruptcy and this new information about Merrill Lynch being purchased by Bank of America it would take a miracle for the market to somehow rally. We have just entered a very scary time in this country. I wonder if the day before Black Tuesday people felt like I do on this morning. Could this be Black Monday?
– Justin of Vizionkc
Categories: Uncategorized
Tagged: Black Monday, Depression, Kansas City, Reccesion, Vizionkc
I’ve always been a little skeptical when it comes to open houses and even after my rather successful open house today I’m still skeptical. Why, because I’ve never sold a listing from doing an open house. Sure I’ve gotten some leads and it’s always nice to have the neighbors come by and see how the remodel turned out but my record of sales from an open house still sits at zero.
Take today for instance. The Vizion Group just completed a remodel in the very popular Waldo district here in Kansas City, MO. The property was listed on Friday September 12th and this weekend on both Saturday and Sunday we held an open house for a combined total of 8 hours.
Categories: Uncategorized
Tagged: Kansas City, Open House, Vizionkc, Waldo
Huge news. It looks like Bank of America is in talks with Merrill. The combination of these two companies would result in a financial institution nearly as large as Citi group.
“Charlotte-based Bank of America (BAC) has the most deposits of any U.S. bank, while Merrill Lynch (MER) is the world’s largest brokerage. A combination of the two would create a global banking giant to rival Citigroup, the biggest U.S. bank in terms of assets.”
– Justin of Vizionkc
Categories: Uncategorized
Tagged: BOA, Cit, Merril, Vizionkc
Lehman bros has declared bankruptcy as many of us predicted would happen. For those of you are unaware Lehman Brothers is one of the largest banks in the world. My prediction is that the market will react very negatively to this news. I’m afraid that the bank failures are about to pick up big time.
“According to people briefed on the matter, Lehman Brothers will file for bankruptcy protection on Sunday night, in the largest failure of an investment bank since the collapse of Drexel Burnham Lambert 18 years ago.”
The Whole Article Can Be Read Here.
– Justin of Vizionkc
Categories: Uncategorized
Tagged: Banks, Financial, Kansas City, Lehman Brothers, Vizionkc
The Official Vizionkc Website Justin’s ActiveRain Blog What I’m Doing Right Now