First the Dow drops almost 10%, then rebounds a bit, then comes Monday and we’re back down over 500 again. When it rains, it pours. The same can be said for the housing market as it tries to lift itself on wobbly legs. Granted, we’ve added more wobbly legs through artificial supports, [...]
Now that Ron Paul isn’t a presidential candidate anymore, he seems to be in great demand by the mainstream media. As odd a pairing as it is, especially given that the mainstream media was one of his movement’s greatest enemies, it is great to have such an honest voice of reason help explain things [...]
This is frightening on many levels. People are slowly slipping back into complacency as gas prices settle, the US Dollar seems to be doing slightly better, and Bush has declared a “soft end” to the war in Iraq.
But don’t get too excited. With the recent mortgage loan crisis and massive shutdown of many [...]
We’ve been hearing a lot of news about loan modification programs coming from the government. At first the idea of helping struggling homeowners sounds great, like a new chance for so many who fell behind for one reason or another. But then you read the details and you find that only a small [...]
Despite what people are saying, things are getting worse. As foreclosures continue to creep closer to major metropolitan areas, and out of outskirt areas, more and more people will be bit.
Even if some talking (or yelling) heads like Jim Cramer suggest that the we’ve “hit bottom” and that the real estate market [...]
