By Mike Colpitts Stopping Bear Stearns from a total meltdown and throwing lifelines to other financial institutions, the Federal Reserve has come to the aid of financial institutions more than since the Great Depression. The only time actions taken close to this came at the peak of the U.S. Savings and Loan Fraud Crisis in… Continue reading Emergency Action by Fed Throwing Lifelines
2012 California Housing Market
An improving employment picture coupled with record low mortgage rates and fewer foreclosure sales are sending the California housing market into overdrive. Despite the tough economy in most of the Golden State and an expected hike in foreclosure sales, most of California’s housing markets are now forecast to appreciate for 2013. The impact of the… Continue reading 2012 California Housing Market
Housing Recession or Worst U.S. Economic Disaster Likely
The nation’s mortgage melt down has evolved into America’s real estate crisis amid falling home prices, record foreclosures and weakening consumer confidence and threatens to produce the nation’s worst economic disaster in history, a Housing Predictor study reveals. The catastrophic damage could be so widespread that the crisis could reach $600 billion in losses to… Continue reading Housing Recession or Worst U.S. Economic Disaster Likely
Signs of Real Estate Market Bottoms
By Mike Colpitts The bottom of each real estate market in America won’t occur with much fanfare. In fact, few people will realize that it’s even happening when they do, and they’re usually only recognized after the bottom has already hit. The search for the elusive bottom to any real estate market is akin to… Continue reading Signs of Real Estate Market Bottoms
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Home Owners Trust Real Estate Agents
An over-whelming majority of U.S. home owners trust real estate agents to handle their property transactions and will use agents services again, a new Housing Predictor survey has found. The telephone survey of 511 homeowners scattered throughout the nation was conducted during the first two weeks of December at a time when the U.S. housing… Continue reading Home Owners Trust Real Estate Agents
2013 Oregon Housing Market
The sale of existing homes is soaring in Oregon as home prices plummet and lower interest rates drive buyers into the market. But discount priced properties are getting lean in some areas of the state as foreclosures and bank assisted short sales dry-up. The influx, however, of foreclosures is projected to increase in 2012 as… Continue reading 2013 Oregon Housing Market
How Long Will it Take to See Light at the End of the Tunnel
By Mike Colpitts Editor The question everyone has these days is, “How much more will housing prices fall?” The answer to that question lies in the answer to a bigger question all together: How long will it take world credit markets to become functional? Local housing markets economic strengths weigh heavily on local job conditions… Continue reading How Long Will it Take to See Light at the End of the Tunnel
404 (Page Not Found) Error – Ever feel like you’re in the wrong place?
Ever feel you’re in the wrong place 404 (Page Not Found) Error If you’re the site owner, one of two things happened: 1) You entered an incorrect URL into your browser’s address bar, or 2) You haven’t uploaded content. If you’re a visitor and not sure what happened: 1) You entered or copied the URL… Continue reading 404 (Page Not Found) Error – Ever feel like you’re in the wrong place?