Everyone loves a top 10 list, but being a part of this one is not a mark of a city experiencing good financial times. Here’s a look at Fortune’s 10 Worst Real Estate Markets for 2009:
Los Angeles, CA – Projected 24.9% drop in 2009
Stockton, CA – Projected 24.7% drop in 2009
Riverside, CA – Projected 23.3% [...]
Joshua Dorkin
Charles Feldman

Ted Karsch.





Who Can Turn The World On With Her Smile? Would You Believe, A Real Estate Agent?
by Charles Feldman | August 26, 2009She’s smiling again.
Now, grant it, this might not seem like much to you, but, trust me, this could be the biggest sign to date that the real estate market is finally starting to turn around…if only a bit.
She, is a real estate agent who has been selling units in my Los Angeles building for maybe five or more years now.
In recent years, since the recession set in, her visits, with possible buyers in tow, became fewer and farther between.
And, when she did show up, the expression on her face made her look as if she had just drank a powerful laxative for breakfast. Yeah, that bad.
She apparently wasn’t selling….but neither was anyone else. How she managed to even go to work in the morning is beyond me?
And then things began to change . . .
If she weren’t a real estate agent, I would have thought her glow suggestive of….well…..you know….we’re all adults!