- Paper Economy – A US Real Estate Bubble Blog: Bernanke’s Nightmare …
- No. 1: Real estate bust sent ripples, washing away local sales …
- Top 5: Fraud, foreclosures and empty offices – Front Porch …
- REIT Wrecks: Commercial Real Estate Loans, Jamcrackers, Pike Poles …
- Paul Kedrosky: David Lereah Falls on His Real Estate Key Lockbox
– A Blog dedicated to tracking the demise of the greatest asset bubble in US history. Housing Bubble, Real Estate Bubble, Boston, San Diego, Miami Real Estate housing bubble,alan greenspan,housing boom,housing crash,bust,plunge,collapse …
– It s what you haven t heard or seen much of this year that defines what the economy has meant for the Wilmington area. The sounds of nail guns and drills and the whack of hammers have all but disappeared in many parts.
– But similar to one-time boomtowns like Las Vegas and Sacramento, the presence of so many real estate flippers looking for a hefty profit worsened the real estate bust when it finally came. "It's the nicest subdivision in Chiloquin," …
– Anthracite CDOs on Watch For Possible Downgrade (3.96%); 4. No Bottom In Commercial Real Estate Until 2010-20011 (3.44%); 5. The Coming Commercial Real Estate Bust: Why Developers Are Desperate For the Dole (3.39%) …
– Whoa, guess what: Former National Association of Realtors chief economist David Lereah didn't entirely believe what he was saying about the wonders of the pre-bust U.S. real estate industry. It was, as he says, his job to put a positive …
Just because people with funny money from stocks and people who got loans who could not afford them drove prices up doesn’t mean this will last. A home is still your best investment in my opinion.
San Diego Vacations
If you could not afford to buy a house then you should not have. Plain and simple.
Los Angeles Criminal Attorney
Home prices do not double in price on average every ten years. There is no evidence to support such a statement. S&P case shriller home index which goes back to 1890 found that SFR prices went up at the rate of inflation over time. If they do double in any short period it’s called a asset bubble and values return to medium as the bubble implodes. OFHEO also shows long term prices run with inflation and return to normal price levels rather than continuing to rise. In order for RE to double every 10 years average income would also need to rise with it, which if you haven’t noticed doesn’t happen and when it does as during the 70’s yield on bonds jump into the teen’s and the FED pushes up interest rates causing home prices to decline.
San Diego Smile Makeovers
Buying a home is a long term deal. I bought 10 years ago, value has doubled (a couple of years ago I could say tripled), and in 5 years house will be paid off. No more mortgage! Try that with a rental! Yeah… commute sucks.
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