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Temple
Emmet Williams, Designated Broker,
Senior Trader at
Templeworks Properties, LLC
Click here for Profile of Kerstin Williams,
Managing Director, Analyst, Owner |
Born
in Cleveland, Ohio,
Temple is the senior trader and marketing
machine behind
the
success of Templeworks Properties LLC.
Educated
at Yale, he spent many years as a journalist and editor (for a
daily newspaper in New York City, an international
news magazine in
Africa during the 1960s, and The Readers Digest in the 1970s). He was nominated, twice, for the Pulitzer Prize.
He developed marketing software in the mid-1980s. This led to the company he owned, the Institute for Communic- ations Advancement (ICA),
becoming a principal contractor at IBM's multimedia laboratory in Palisades, New York. |
He was the President of the US office of the largest business-to-business
marketing consultancy in the world, Anderson & Lembke.
In
the mid-1990s, Temple developed the Accelerated
Sales program at the 2nd largest real estate broker in Boca Raton,
Florida.
He later became the Principal Broker at Accelerated Realty Sales, and
the driving force behind the Real Estate Marketing Corporation of America.
Temple Williams has been a successful analyst and equity trader since the early 1970s, when he was a registered investment advisor with the SEC. |
Beginning in 1998 and running well into the 2000s, Temple ran a successful traders' website, which taught hundreds of traders how to make money using the Spoos (Standard & Poors futures) as a primary investment tool. The explosion of ETFs (Exchange Traded Funds) has dramatically altered, and improved, his success. |
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Current Real Estate Commentary
Updated for January 2012
January 23, 2012: for the past 4 years, existing home sales in SE Florida have risen. They jumped from 38,303 in 2007 to 69,665 at the end of 2011. Lower prices drove this 82% growth. A serious reversal now appears in the charts. click here
The Southeast Florida drop in existing home sales (by Realtors®) from 69,665 to 48,997 remains preliminary. A few good months could change it quite a bit. Still, it forebodes a serious sales collapse in the market if nothing improves.
Selling foreclosures en masse to investors (the most popular suggestion so far) would create “renter nation” … rental pools are the primary reason deep-pocket investors would get involved. That would put pressure on rental prices. Lower rental prices would persuade increasing numbers of potential home buyers to put off buying.
The home sales number may drop back to 2008 levels (miserable). Home prices will continue lower. Underwater mortgages will grow. The housing recovery which I suggested was in place on September 9th of last year ... will shrivel up and die.
The government can always change the rules, of course. The grand experiment of borrowing our way out of bad times has made almost anything possible at the Federal level. They might buy up all the foreclosures themselves, rather than dumping more money on the banks.
Put poverty-level folks in homes of their own, with minimal payments, and lots of social issues start to fix themselves. Or not. Sigmund Freud was fond of saying that crowds always regress to their lowest level of intelligence, morality, ethics and behavior. History remains on his side.
The problem seems almost hopeless. Of course, housing will recover. Some day. It always has. Ever since someone traded their first cave for an upgraded model with running water dripping from the cavern walls. It might take a while, however.
A further collapse in housing will be a serious and continuing drag on the American economy (but not necessarily its stock market). Housing problems will widen the economic gaps of our society further. Which means ... dangerous times ahead. Be careful.
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Contact Information
Mailing Address: 3755
Mykonos Court, Boca Raton, FL 33487
E-mail Address: kerstin@bocaswede.com or temple@sellnow.net
Direct
Phone: 561-241-6323
Cell phone: 561-271-8121 (Kerstin) 561-251-6187 (Temple)
Direct Fax #: 561-241-6358
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