Following the bubble, the housing market’s pain has been deep and persistent.
This isn’t merely a cyclical downturn. Even six years after the market peaked, the healing process has not yet begun. The industry isn’t in recession: it’s in a depressi…
Following the bubble, the housing market’s pain has been deep and persistent.
This isn’t merely a cyclical downturn. Even six years after the market peaked, the healing process has not yet begun. The industry isn’t in recession: it’s in a depressi…
Warren Buffett on CNBC: ‘Not Clear’ Europe Has Will or Ability to Resolve Crisis
Published: Monday, 14 Nov 2011 | 6:18 AM ET
Warren Buffett says it’s not clear Europe has the will or ability to do “whatever it takes” to resolve its debt crisis.
He …
Editor’s Note: The following is an excerpt from Keith Jurow’s just-released New York City Housing Market Report. For the complete, in-depth analysis and report, download it here.
New York is the largest city and the most misunderstood housing…
The housing market will remain crippled until we eliminate perverse incentives to financialization and speculation, Fed/Federal intervention and all subsidies/giveaways.
If there is one goal that the financial cartels, their politico apparatchiks …
Back when the Financial Crisis Inquiry Commission was doing its work, I would check in periodically with someone who worked there to find out how it was going.
“Good news!” my source would joke. “We got the guy who caused it.”
That is the way I …
Sometime over the next week or so, you may remember this article and decide that I’m crazy (assuming you haven’t already). The market’s job over the near future is to convince you that the rally will go on forever, so you may start to t…
As I’ve stated before, I’m in the housing market (sort of) as a potential buyer in central NC, but it looks like I’ll be on the sidelines at least through 2012. The knife is still falling here, and it’s obvious. The reality of real estate deflation is …
MIAMI — Officially, there are 3.5 million homes for sale nationwide. But there are millions more lurking in the shadows — hidden neatly away on banks’ balance sheets, stalled in foreclosure court proceedings or simply occupied by nonpaying owner…
The housing market remains deeply troubled, with more than 800,000 homes on their way to foreclosure or in the process of being auctioned, according to RealtyTrac and Moody’s Analytics. That’s part of the reason the economy isn’t growing fast enough…
The article is an excerpt from the Wall Street Examiner Professional Edition Housing Update for subscribers. Scroll to the end for the subscriber link to…