Real Estate News by Charles Feldman | March 7, 2008The economy is sinking faster than a mafia hitman wearing cement shoes in water; and, the mortgage/housing crisis is clearly to blame. Wall Street was apparently totally shocked today when the Labor Department reported that 63, 000 nonfarm jobs were lost last month….As Reuters points out, the problem is that Wall Street experts had expected [...]
Read the full article → Economy by Charles Feldman | January 2, 2008Nothing 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 [...]
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“And, The Debate Goes On”: To Invest Or Not To Invest In An Upside Down Real Estate World
by Charles Feldman | April 23, 2008In the 60s, Sonny & Cher (before Sonny crashed into a tree while skiing) had a big hit with the song “And The Beat Goes On”–or something like that. Now, in real estate, 2008, a good song title might be “And The Debate Goes On!” The “debate” is whether or not this is or isn’t [...]