Commentary by Joshua Dorkin | December 14, 2006Wonder why the real estate market is in some crazy pseudo-gridlock? I’ve read many explanations of the current post-bubble-pre-collapsing housing market, but none of them hit it on the mark like the one I’m about to share with you. Actually, according to Diane Swonk, chief economist for Chicago-based Mesirow Financial, “we are currently experiencing the [...]
Read the full article →
Why Are We in a Real Estate Freeze?
by Joshua Dorkin | December 14, 2006Wonder why the real estate market is in some crazy pseudo-gridlock? I’ve read many explanations of the current post-bubble-pre-collapsing housing market, but none of them hit it on the mark like the one I’m about to share with you. Actually, according to Diane Swonk, chief economist for Chicago-based Mesirow Financial, “we are currently experiencing the [...]