Housing

Economy

Real Estate Bubbles: The Bigger They Are, The Harder They Fall

by Andrew C. MacDonald | June 6, 2011
Thumbnail image for Real Estate Bubbles: The Bigger They Are, The Harder They Fall

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 [...]

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Housing

Has The Housing Bubble Burst Completely?

by Peter Giardini | November 4, 2009

The 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 [...]

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Real Estate Investing

“Doom and Gloom” Media Good For Real Estate Investors

by Rob K. Blake | August 31, 2008

The 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 [...]

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BiggerPockets News

On the Brink of Rebellion: National Priorities and the Housing Crisis

by Tom Koziol | August 8, 2008

A 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 [...]

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Blogs

Is Las Vegas Real Estate Showing Signs Of Life?

by Richard Warren | May 26, 2008

The 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 [...]

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Blogs

Brave New (Real Estate) World

by Richard Warren | April 14, 2008

When 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 [...]

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Commentary

UFO’s And The Great American Mortgage Disaster

by Charles Feldman | November 14, 2007

Sightings 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 [...]

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Commentary

Treasury Secretary Awakens From Coma: Finally Realizes Housing Bubble Exists

by Charles Feldman | October 17, 2007

Well,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 [...]

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Commentary

When Lenders Mess Up, Everyone Suffers!

by Jim Watkins | October 5, 2007

The 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 [...]

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Commentary

How Failures from the Maestro, Alan Greenspan, Lead to the Mortgage Crisis

by Joshua Dorkin | September 14, 2007

According 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 [...]

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Housing

Wacky Real Estate News: Housing Bubbles & Prostitutes

by Joshua Dorkin | September 11, 2007

In 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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