Sunbelt States Losing Population

In a major reversal of trends, for the first time many of the most populated Sunbelt states are losing population as a result of the real estate crash and financial strain. It’s the first time in decades that many of the country’s finest Sunbelt states, including Florida, Nevada and Arizona have experienced a drop in… Continue reading Sunbelt States Losing Population

Huge Rise in Walkaways

A growing number of homeowners are doing what was once unthinkable – strategically walking away from mortgages, and the trend is showing huge signs of increasing with the approval of academia. A consulting company working for financial institutions, Oliver Wyman estimates that 16% of current foreclosures are of mortgage borrowers intentionally walking away, choosing to… Continue reading Huge Rise in Walkaways

Markets on the Mend in Time for Christmas

By Kevin Chiu It’s the season of comfort and joy, Christmas trees and Santa Claus flying down the chimney. All of us wish for World Peace. We hope for a New Year that will be better than 2009 when the World’s financial system nearly blew up on Wall Street. In the face of all the… Continue reading Markets on the Mend in Time for Christmas

Housing Shows Stabilization

By Mike Colpitts More than four years after beginning its downturn, many housing markets are stabilizing. Stabilization is key and the first step in the recovery process as markets settle from the worst housing crash since the Great Depression. The long-running housing depression is far from over, but there are more indications that stabilization is… Continue reading Housing Shows Stabilization