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“Time is at once the most valuable and the most perishable of all our possessions.”~ John Randolph

Billionaire Says Real Estate is Best Investment Possible | Keeping Current Matters

Billionaire money manager John Paulson was interviewed at the Delivering Alpha Conference presented by CNBC and Institutional Investor. During his session he boldly stated:

“I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you’re the owner-occupier of.”

Who is John Paulson?

Paulson is the person who, back in 2005 & 2006, made a fortune betting that the subprime mortgage mess would cause the real estate market to collapse. He understands how the housing market works and knows when to buy and when to sell. What do others think of Paulson?

According to Forbes, John Paulson is:

“A multibillionaire hedge fund operator and the investment genius.”

According to the Wall Street Journal, Paulson is:

“A hedge fund tycoon who made his name, and a fortune, betting against subprime mortgages when no one else even knew what they were.”

Why does he believe homeownership is such a great investment?

Paulson breaks down the math of homeownership as an investment:

“Today financing costs are extraordinarily low.”

The latest numbers from Freddie Mac show us that you can still get a 30-year mortgage for under 4%.

“And if you put down, let’s say, 10 percent and the house is up 5 percent,” as many experts predict, “then you would be up 50 percent on your investment.”

How many are seeing a 50% return on a cash investment right now?

Paulson goes on to compare the long-term financial benefits of owning versus renting:

“And you’ve locked in the cost over the next 30 years. And today the cost of owning is somewhat less than the cost of renting. And if you rent, the rent goes up every year. But if you buy a 30-year mortgage, the cost is fixed.”

Bottom Line

Whenever a billionaire gives investment advice, people usually clamor to hear it. This billionaire gave simple advice – if you don’t yet live in your own home, go buy one.





“You can make all the excuses you want, but if you are not mentally tough, and you’re not prepared to play every night, you’re not going to win. “ ~ Larry Bird


Homeownership Rates: Are They Crashing? | Keeping Current Matters

The Census recently released their 2014 Home ownership Statistics, and many began to worry that Americans have taken a step back from the notion of home ownership.

Easy… Chicken Little

The national homeownership rate peaked in 2004, representing a 69.2% of Americans who bought vs. rented their primary residence. Many have noticed a decline in rates since then and taken that as a bad sign.

However, if you look at the national rate over the last 30 years (1984-2014), you can see that the current homeownership rate has returned closer to the historic norm. 2014 ended the year with a rate of 64% just under the rate in 1985 and 1995.

Homeownership Rates Historically | Keeping Current Matters

Bottom Line

With interest rates and prices still below where experts predict, evaluate your ability to purchase a home with a local real estate professional.


fl girl budled up

                  Brrr, It’s Cold!

As a New Yorker, I thought I was used to the cold.  It seems the cold in Florida however is different.  It could be 68 degrees in New York and we would be out in tee shirts.  But 68 degrees in Florida means we get out the jackets and long pants.  I don’t know for sure that it’s a different cold, or my blood just got thinner after 23 years of living here.

Below is a link with 10 tips to stay warmer without killing your #heating bill.

10 Tips to Stay Warmer Without Killing Your Heating Bill


“Perseverance is failing 19 times and succeeding on the 20th” –  Julie Andrews


Here is another example of a recycled home! Wow, if people started building this way, we would have a much cleaner planet!

To read the entire article, click on the following link:


“If you can’t sleep, then get up and do something instead of lying there worrying. It’s the worry that gets you, not the lack of sleep.” – Dale Carnegie


If you find that your identity has been stolen, there is hope! Please visit the following website to take action and get your good name back!

Steps To Repair Identity Theft


“Millions saw the apple fall, but Newton was the one who asked why.” – Bernard Baruch

The following is an email I received from The Manhattan Declaration.

“Cardinal Dolan, one of the original signers of the Manhattan Declaration, has, acting on behalf of the US council of Catholic Bishops,  officially rejected President Obama’s so-called “compromise” concerning the outrageous attempt to force religious institutions to purchase insurance covering abortion-inducing drugs, contraception, and sterilization. Dolan has also signed one of our most recent and powerful statements in opposition, which you will find on this website. This issue has unfortunately become a major campaign debate. I say unfortunately, because this should not be a partisan fight. This is a battle over our most fundamental freedom: freedom of religion. And it’s also a battle over the Constitution–whether Congress can allow government agencies to legislate. It’s a battle that is going to be fought out on Capitol Hill and in the courts. We stress that this is not a political question. This is not the Obama Administration vs. the Church. This is a question of whether the Constitution will be respected and the first liberty protected, or whether the bureaucrats will be allowed to make a decision that will override our religious liberties. Congress would never mandate religious organizations to violate their faith. But in passing the Affordable Health Care Act, Congress in essence delegated its legislative authority to federal agencies—staffed by unelected political appointees. We want to do our level best to keep this from becoming a partisan issue, and we want to argue always on the high ground, protecting the Constitution and respecting freedom of conscience. It’s at the heart of liberty. When this is lost, all liberty is gone. The official position of the Bishops’ Conference signals that no compromise could succeed. Every single Christian, regardless of denomination or church affiliation, has to take the same stand. We would be eager to know if there are groups and associations in your community you can speak with; if you will talk to your pastor about preaching on this; if you would be willing to go to other people in your community and get them to sign the Manhattan Declaration. The most powerful weapon we have at this particular time is people power. We need 1 million people to sign the Manhattan Declaration. It will let people know we are not going to be rolled over and we are not going to quit fighting. Can you help us? It’s up to us—every one of us—to vigorously defend life, marriage, and religious liberty. God bless you, The Manhattan Declaration” _________________________________________________________ Friday is your LAST CHANCE to SIGN AND SHARE THE PETITION to the President! The Manhattan Declaration is a non-partisan statement of conscience in defense of human life, traditional marriage and religious freedom.   Click  “The Manhattan Declaration”  to view their webpage and sign the petition. Don’t be one of the millions who stand by and watch this happen, be the one to ask “WHY”!


“Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one.” – Thomas Paine

Obama is at it again! Now he wants to cut the mortgage interest deductions for those he calls wealthy – individuals making over $200,000.00 or couples making over $250,000.00.  I don’t happen to fall in that tax bracket, but many of my friends do.  I think this is an outrage and so very unfair.  You can read more by clicking on the following links:

NAR Cautions Against MID Changes

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