China

Who’ll Save Our Real Estate Market? Would You Believe, The Chinese!!!!

by Charles Feldman | March 10, 2009

Here they come. Whether it is in New York or L.A. or Boston or a neighborhood near you, the Chinese are on a shopping spree in this country…a shopping spree for real estate. According to an ABC News report, more and more wealthy Chinese are coming to America in search of real estate investment opportunities..and [...]

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Economy

Mortgage Rates, Geithner, China and You

by Steve Heideman | January 27, 2009

Mortgage markets deteriorated last week on the heels of weak economic data and uninspiring corporate earnings. Mortgage rates rose for the second week in a row. They’re now measurably higher than the low point set 3 weeks ago. For mortgage rate shoppers, though, last week’s most important stories weren’t necessarily last week’s most reported stories; [...]

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Economy

Real Estate Crisis Worsens and Takes the Rest of the Economy Down with it!

by Charles Feldman | March 12, 2008

If someone were to have said, say a year ago, that there would be a crisis in the subprime mortgage market that would lead to world-wide economic chaos, that person would no doubt have been laughed at. Sadly, though, that is exactly what has happened and the evidence just this week is overwhelming. But, before [...]

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