Economy
by Charles Feldman
| January 2, 2008
Nothing like kicking off the new year on a positive note. And, I can assure you, what you are about to read is anything but “positive.”
In fact, when it comes to the ever expanding subprime mortgage fiasco,the fun, say some experts, is only about to begin.
Before 2008 slips into 2009, some 1.8 million homeowners are [...]
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Housing
by Charles Feldman
| November 6, 2007
Anyone living in California knows that it is the aftermath of an earthquake that reveals its true intensity, not the numbers generated by some graph at a university. An earthquake is really measured in dishes broken, windows smashed or, in the worst cases, houses destroyed.
And so it is that in California, the aftermath of a [...]
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Joshua Dorkin
Charles Feldman
Ted Karsch.
Breaking: Home Prices in US Down Again – Eight Months in a Row
by Joshua Dorkin | October 30, 2007Looks like the news continues to get worse . . . I wonder what silver lining the Administration is going to spin this time?
U.S. home prices fell nationwide in August for the eighth consecutive month, offering little hope of a turnaround anytime soon, according to the S&P/Case-Shiller index released Tuesday. Things could get worse, [...]