More info…
” On average, compared to family income, US home prices at the end of Q209 jumped 7% from levels in early 2000 when the real estate bubble began to swell. Home prices relative to income dropped from that mark in 10% of US metro market.”
Radar Logic Sees General Recovery with Price Gains
” The larger-than-average increase in home prices from April to May 2009 could indicate that seasonal price fluctuations do not fully account for the strength we are seeing in many areas and that seasonal gains are being augmented by a more general recovery in the housing market, Radar Logic says in its RPX monthly housing market report.”
U.S. Home Prices Have Smallest Decline in 10 Month
“U.S. home prices had the smallest annual drop in 10 months, signaling the free fall of property values is abating in the three-year housing slump at the center of a global recession.”
Pandit Defies Schumer as U.S. Flexes Shareholder Muscle
At the Bank of America Corp. office in Washington, employees are fielding as many as 10 calls a day from Capitol Hill, up from about two a year ago.
Senator Charles Schumer telephoned Citigroup Inc. Chief Executive Officer Vikram Pandit to protest the withdrawal of a mall developers credit.
Frugal McDougall, A Rhyme For Our Times
Frugal McDougall worked very hard,
Bought things with cash and not credit cards,
And when it came to the things that he bought,
Things that he needed were all that he sought.
Related Websites -
U.S. Real Estate Market has STD? If comedians jokingly refer to Florida as "America's penis", then the above graphic illustrating the percentage of total homes that are in foreclosure would suggest that the U.S. real estate market, and Florida in particular, has a raging sexually transmitted disease. As Gonzalo Lira so cleverly put it: Mortgage...... -
Real Estate: The Time To Buy? None-the-less....lender's books are filling up with Commercial REOs. Commercial assets at discounted prices are showing up by the truck loads....So....it is cherry picking time. BUT one huge problem. Lenders are not lending. Well....at least not without a heavy down payment. Up to 50% on some deals....especially retail...office....industrial. Apartments still...... -
Riskiest Real Estate Markets In The US A lot of people are wondering where to invest in order to catch the next real estate boom. I don't have a ready answer for that, but Forbes magazine was nice enough to tell us where the riskiest markets are. 1. Miami, Fla. Due in part to escalating insurance costs,...... -
The Mortgage Crisis and Investments in Real Estate According to regional and state real estate analysts, the factors which previously fueled the housing boom of the last few years are easy to explain. The factors that fueled this boom in the real instate industry ranged significantly, including: - Interest rates that were historically low. - Flight-Risk Safety Investments...... - The Number One Mistake that Would-be Real Estate Investors Make I met with my friend's wife this weekend to learn more about her thriving real estate business. She helped to confirm what I suspected to be the number one mistake that new investors make: they expect to make good returns by paying "retail" prices for real estate. By "retail" prices,......
You must log in to post a comment.