Housing
Economy by Andrew C. MacDonald | June 6, 2011 
The real estate bubble that started at the turn of the millennium was the greatest we’ve seen in the past 120 years. As the saying goes, “the bigger they are, the harder they fall” and this is why we’re still seeing the effects today. In hindsight we can shed some perspective on this last bubble [...]
Read the full article → Housing by Peter Giardini | November 4, 2009The funny thing about bubbles is that sooner or later they burst. Once again I get to be the master of understatement. What fun! After having survived these past 2+ years as each of us has watched the housing bubble burst in most parts of the country and deflate everywhere else, we are being told [...]
Read the full article → Real Estate Investing by Rob K. Blake | August 31, 2008The media reports of late are all “doom and gloom” focusing on foreclosure numbers, price declines, and inventory levels. One might start believing real estate as an investment class is a bad pick and could stay that way for a long time. Don’t believe it for a second…but before I make my case, let’s start [...]
Read the full article → BiggerPockets News by Tom Koziol | August 8, 2008A friend of mine sent me to this website: National Priorities Project The headline on the page reads: National Priorities Project analyzes and clarifies federal data so that people can understand and influence how their tax dollars are spent. There is a link titled Affordable Housing Units on the page that tells you how many [...]
Read the full article → Blogs by Richard Warren | May 26, 2008The real estate agent seems to be the eternal optimist. In the middle of the credit crunch, foreclosure crisis and general market malaise, he or she will be smiling broadly and proclaiming that this is a great time to buy. You could almost picture the agent showing a property that had been devastated by an [...]
Read the full article → Blogs by Richard Warren | April 14, 2008When we the real estate market return to normal? When will things go back up? When will I be able to get $0 down loans again? How long will it be before I am able to get a loan I can’t afford? When will I be able to go back to flipping my way to [...]
Read the full article → Commentary by Charles Feldman | November 14, 2007Sightings of UFOs, as in Unidentified Flying Objects, are on the rise…so much so that an international panel got together this week in Washington to urge that the U.S. government reopen Project Blue Book which was an Air Force project to investigate UFOs from 1947 to 1969. The panel included some two dozen former pilots [...]
Read the full article → Commentary by Charles Feldman | October 17, 2007Well,it took long enough. Henry Paulson Jr. — that would be the U.S. Secretary of the Treasury — admitted that the housing/credit/confidence crush (HCCC for short) is a hell of a lot worse that he ever imagined (clearly the Secretary does not exactly have a fertile imagination!) and, . . . now this is the [...]
Read the full article → Commentary by Jim Watkins | October 5, 2007The days of the “Fogamir” mortgages are gone. Surely you remember the Fogamir? “Yes Sir! We can give you a mortgage. If you would just take this application and rather than fill it out, could you breathe heavy onto that reflective square at the bottom?” If it fogged up, you got the mortgage. It was [...]
Read the full article → Commentary by Joshua Dorkin | September 14, 2007According to the man who has been touted as the greatest central banker we’ve ever had, Alan Greenspan revealed yesterday that he dropped the ball during the birth of the Sub-Prime Mess. According to Greenspan in a 60 Minutes interview, “While I was aware a lot of these practices were going on, I had no [...]
Read the full article → Housing by Joshua Dorkin | September 11, 2007In the strangest news story I’ve ever read about the housing bubble, CNN tells us about a couple in New York that transformed their house into a brothel. Apparently, both were in the mortgage business, working for Myles Mortgage Services, and were facing foreclosure on a second home. Creative . . . but, probably not [...]
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On the Brink of Rebellion: National Priorities and the Housing Crisis
by Tom Koziol | August 8, 2008A friend of mine sent me to this website: National Priorities Project The headline on the page reads: National Priorities Project analyzes and clarifies federal data so that people can understand and influence how their tax dollars are spent. There is a link titled Affordable Housing Units on the page that tells you how many [...]