gold
Commentary by Alan Noblitt | September 2, 2011Real Estate * The average price of a home is down almost 6% from a year ago, though up by 3.6% in the second quarter, according to Case Shiller (August 30 Housing Wire) * The Congressional Budget Office (CBO) estimates that Fannie and Freddie will cost taxpayers another $51 billion between 2012 and 2021 — [...]
Real Estate Investing by Marty Boardman | June 24, 2011Have you heard what an ounce of gold is selling for these days? According to GoldPrice.org it’s around $1,552. That’s a 176-year high. Back in 2007, when the housing market first started its downward spiral, gold was worth approximately $600 an ounce. I’m no financial expert but it appears to me that this gold buying [...]
Commentary by Rob K. Blake | November 16, 2008Last week I made the case against real estate as an investment class. My recent change of heart is due to the ridiculous amount of market tinkering the Fed, the Treasury, and the central bankers around the world are doing to “support the real estate market”. All the bad loans, the foreclosures, and the schizophrenic [...]
Commentary by Tom Koziol | July 18, 2008In a July 14, 2008 AP article titled: Fed adopts plan to curb shady mortgage practices , Fed chairman Ben Bernanke is quoted as saying: “Although the high rate of delinquency has a number of causes, it seems clear that unfair or deceptive acts and practices by lenders resulted in the extension of many loans, [...]
Economy by Charles Feldman | March 12, 2008If 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 [...]
Cool Stuff by Joshua Dorkin | March 2, 2008March is here and what else can I say about this past week other than — things aren’t looking good for the US. The cost of real goods continues to rise, with the price of everything from gasoline, oil, food, and commodities all continuing to climb at alarming rates. Gold hit a new high near [...]
Economy by Joshua Dorkin | October 26, 2007Mortgage Meltdown Countrywide Rises Despite Loss Countrywide Financial swung to a huge loss during its third-quarter, but investors were just glad that it wasn’t worse . . . Countrywide and other lenders are reeling as borrowers default on their loans at higher rates. The spiking defaults have forced Countrywide to lay off thousands of employees [...]
Economy by Joshua Dorkin | September 29, 2007On Friday, Gold hit a 27 year high as investors around the world ran to safety from the plummeting US dollar. Hitting $752.80 an ounce, Gold is at levels we haven’t seen since January of 1980. Additionally, the dollar index, which measures the greenback against six major currencies, fell 0.8 per cent to a record [...]
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Joshua DorkinMarty Boardman
Jeff Brown
Chris Clothier
Ken Corsini
Peter Giardini
Jason HansonKevin Kaczmarek
Douglas Lazovick
Jeff Logue
Sharon Vornholt
Richard WarrenMelissa Zavala
Michael Zuber
The Golden Year & Economic Highlights from the Past Week
by Alan Noblitt | September 2, 2011Real Estate * The average price of a home is down almost 6% from a year ago, though up by 3.6% in the second quarter, according to Case Shiller (August 30 Housing Wire) * The Congressional Budget Office (CBO) estimates that Fannie and Freddie will cost taxpayers another $51 billion between 2012 and 2021 — [...]