Combine high unemployment, a stagnant conomy and basement-level housing prices, and what have you got?
The most miserable cities in America, according to Brookings, of course! The think tank combined every major U.S. city’s unemployment rate, level…
Back in May, I posted an article on Minyanville asserting that all-cash buyers have kept several major housing markets from collapsing. (See All-Cash Buyers Preventing Collapse of Housing Markets.) With new evidence in to support this claim, now is a…
The spring bounce never arrived to the national housing market and certainly did not pay a visit to Southern California. Home values across the nation are experiencing a strong double-dip courtesy of a continually weak economy.
As the layers of …
Can Americans cope with a 10 to 15 year bear market in real estate? On this front I have good news, and bad news.
The bad news is that we are likely to face at least a 10 year bear market in real estate thanks to a lost decade in household income…
From The Daily Reckoning…
There are many mistakes people make that ensure they won’t get rich investing. In 2011, I think one in particular mistake will hurt more than others. I can sum it up by citing the phrase, “Generals fighting the last …
