Category Archives: Kansas City Sports
Football Update: I’m Feeling Frisky
Filed under Kansas City Sports
Kansas Jayhawks Start Conditioning
Sorry I’m off topic, again. But I open up KUSports.com this morning and find conditioning drills have started for the Kansas Jayhawk basketball team. Ahhhhhhh.
Can you smell that?
The basketball season is oh so close. Can’t wait.
Will Brandon Rush be back 100%? Will Missouri improve under Coach Anderson this year? Will KState be a train wreck with the new head coach or a pleasant surprise? Who will win the Big XII? The tourney?
Filed under Kansas City Sports
Mortgage Rate, Bicycles & Kansas City Royals
Did you notice mortgage rates dropped again? Just further proof of what I’ve been saying. If you have good credit and some cash to invest in real estate, now is the time. The market conditions are really stacking up in your favor.
Filed under Kansas City Sports
Here’s What I Think About Countrywide, Saundra McFadden-Weaver & George Brett
Countrywide has gotten themselves into a pickle. So has just about every major lender out there. But with Countrywide having to tap into an $11.5 billion dollar line of credit it sends the message that the secondary loan market is in trouble, big trouble.
“The asset-backed commercial paper market has virtually shut down,” Friedman Billings Ramsey wrote in a research report. – Source: Kansas City Star
My opinion is that we are in for more turbulent times than I had initially understood. A tightening of lending standards wasn’t possible in a self-policing sort of way by the mortgage money market. So now, as a matter of economic principal the market is doing it for them. Another classic example of how free enterprise works. But it can be mean as hell.
If you are an “A” borrower you should still be okay. Make no mistake about it, there are still lenders out there that want your business. But follow this advice from yesterday’s edition of The Washington Post.
“What I’m telling people is that they should not shop around for the lowest rate necessarily,” Binstock said. “Go with the lender who you think is going to be there in the end.”
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Saundra McFadden-Weaver, a former Kansas City Councilwoman, was found guilty on mortgage fraud charges yesterday here in Cowtown. She still proclaims her innocence, naturally. But based on my experience with the real estate boom, especially where it pertains to “flipping” houses, I have no doubt she is guilty.
But is she being selectively enforced because she is a former Councilwoman? I think it doesn’t hurt. I’ve put together entire files and sent them to the Kansas Banking Commission without so much as a response from them that proved mortgage fraud by a wealthy “lender” located here in Overland Park. But I guess he didn’t have a name. And the victim was a barely English speaking immigrant. Not sexy enough, I guess.
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It was 27 years ago today that George Brett raised his batting average to .400 by going 4 for 4 against the Toronto Blue Jays. He finished the season at .390. Oh, so close. But George, the memories you gave this young man that grew up in Kansas City are priceless.
Thank you for giving Kansas City it’s greatest sports hero. You stand with our greats: Len Dawson and Buck O’Neil.
Kansas City Royals: This Time Hire Frank White!
Now that Buddy Bell has decided to move on it’s time to thank him for being the sacrificial manager during times when he was given little talent to work with. But I smell a worm turning.
Weight on the back leg. Bat held high over the back shoulder. Hand coming off the bat early in the swing. Willing to go wherever the pitch takes him. Filed under Kansas City Sports
Kansas City’s New Sprint Center
This morning at the weekly Kansas City Breakfast Club meeting we had a guest speaker by the name of David Pulford. David is the Director of Operations for Kansas City’s new Sprint Center, the key component to the new Power & Light District.
Being both informative and fun, here were a few of the nuggets David shared with us…
- There are 2,204 windows (that’s a lot of cleaning!).
- There are 11,000 parking places in close proximity to the Sprint Center, or so he says…
- The Sprint Center opens October 13, 2007.
- There are 36 events planned between October 13th and December 31, 2007.
- The Sprint Center will be open for public tours from October 10-12th.
- Man hours to build the Center are approaching 1,000,000.
- For basketball, the Sprint Center will seat about 18,000.
Now, because David is sworn to secrecy upon penalty of death he could not share with us all the events that are currently scheduled. He did say that information should be made public in the next week or two. David also brought up that Disney’s High School Musical would be coming as an ice production. (Sounds like a nightmare to me…though my 9 year old would love it.)
Regarding a permanent tenant David promised we would have both the NBA and NHL locked in by January.
Okay, the previous sentence is patently false. I just wanted to upset David. Although I’m sure he is working hard to do his part to make it happen.
On a personal note, and as a college basketball junkie, I am happy the Sprint Center is coming. The more Big XII basketball we can get here the better my life will be. Oh, and “Rock Chalk.”
Filed under Kansas City, Kansas City entertainment, Kansas City Sports
Congratulations Julian Wright Out of Kansas
Congratulations go out to Julian Wright out of Kansas University. The two-year Jayhawk out of Chicago becomes another Kansas millionaire.
Of course, the NCAA in it’s infinite wisdom will count Julian against Kansas’ graduation rates. After all, in their eyes it would be better for him to get his diploma so that he can earn $43,000/yr rather than the guaranteed $1,449,300 he’ll make this year, the guaranteed $1,558,000 he’ll make the next season and the contracted additional $3M plus he’ll be eligible for in years three and four.
Yes, I know this has nothing to do with Kansas City real estate or real estate investing and there is the possibility Missouri fans will hate me…but I do love my Kansas Jayhawks.
Filed under Kansas City Sports
