
Broker and Realtor, Re/Max All Cities Realty
Member of the Real Estate Council
Kenneth Egan is a Broker and Agent at Re/Max All Cities Realty. Mr. Egan has over 25 years of experience in real estate brokerage and consulting on the use of technology in the real estate sector. He was a Principal at RE brokerages in Los Angeles and Phoenix, Arizona. Previously, Mr. Egan served as the President of Services Resources Group, Inc., focusing on Call Center and technical support solutions. He has over 40 years of experience in selling computer systems, software and consulting services to corporate America, with sales of more than $400M during his career. Mr. Egan is responsible for managing the Western U.S. for Honeywell, Inc., and several software firms. He focused on CRM solutions in the software industry, involving CTI, web support and training for tech support operations of high-tech companies, including Fortune 500 firms. (This is me - Update Profile)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
November 20, 2009
Fear of Double Dip in Housing | online.wsj.com
No matter what the spin, facts are irrefutable.3.5M houses in foreclosure trumps the NAR story about lower inventoryMore than 3 times the current number of foreclosures are in pre-foreclosure.2010 and 2011 will see great numbers of foreclosures.
November 20, 2009
A sector too tough to save | online.wsj.com
Banks, with government support, will "pretend" over the value of Commercial Assets.Loans will be, for the most part, extended, in order that no one has to take a "hit"Kicking the can down the road, as usual.Some modifications will be worked out.
October 29, 2009
Uncle Sam Adds 5% to Prices of Homes, Goldman Says | blogs.wsj.com
Government intervention eliminates the "Free-Market" concept.This is politics as usual...kicking the can down the road.Pres. Obama is not bringing about change(I am not against him).Cash for clunkers applied to home purchase will not fix the problem.
Market Inertia caused by Capital Unavailability
October 13, 2009
Experts Probe Capital, Distressed Assets Outlook | www.globest.com
Banks are still not performing.Capital needs to flow more freelyMarkets will continue to depress
Reality always trumps hyperbole
September 30, 2009
Stocks waver on housing, consumer confidence data | www.wtop.com
Housing will continue to slide.Consumers are tapped out.What do we expect?
| Study Group Name | No. Members |
|---|---|
| Experts in the Leisure & Lodging Council | 4887 |
| Experts in the Automotive Council | 3422 |
| Residential Real Estate Agents | 1785 |
| Medical Geneticists (US) | 85 |
| Agricultural Land Experts | 37 |
Kenneth Egan has not participated in any GLG Live Meetings.