We have been searching for even a sintilla of good news, when it comes to the real estate market.  
With regard to commercial real estate, one noted real estate attorney has coined the banks recent leding philosophy as “extend and pretend.” Clearly there exists the “fear of catching a falling knife.”
So the question is, are things really getting any better? […]

SOME GOOD NEWS IS ON THE WAY, AT LEAST WITH RESPECT TO STIMULATING HOME SALES. As reported in the New York Ties, the president signed legislation last week that extended the tax credit for first-time home buyers and added a new credit for some existing homeowners. Here’s a primer on the details….
1st TIME HOMEBUYER >> […]

Potential Good News for our Commercial Real Estate Partners (finally): Irrespective of the government’s motivations — wrestling between helping the commercial real estate market and bailing out insured banks — there is, nonetheless, an encouraging story in the WSJ regarding the “possibility” of commercial real estate help that may be on the way.
News Flash >> According to reports, federal […]

The US Treasury on Monday, March 23, 2009 revealed details of a highly-anticipated plan to set up public-private investment funds that will buy up to $1 trillion in troubled loans and securities at the heart of the financial crisis.
The Treasury’s complex plan to use private funds to purchase toxic assets uses low-cost government financing, government guarantees […]

You may have noticed. Recently, we have been sitting on the sidelines, and resisted putting up a post, and for good reason.
First, stories regarding real estate, and the economic catastrophe we are experiencing, have been so over saturated and so over reported,  I’m just not sure what value we could have added for you. But most importantly, we have […]

So who are the geniuses that will shape our economic future, under the Obama administration?
Here is a brief dossier, presented by the Wall Street Journal, on each member of Obama’s team, their strengths and weaknesses as we now know them, and what they have revealed in their thinking about the bailout.
We know far […]

As we suggested in this Blog on November 7, 2008, democrats are once again planning to reintroduce legislation that would allow bankruptcy judges to modify the terms of troubled borrowers’ loans — a move that industry opponents say will lead to higher interest rates and down payments for all borrowers.
Rep. Brad Miller, D-N.C., said he […]

A report on Home Prices expected out Tuesday, December 30, 2008, is likely to prompt the push for additional relief for the housing sector.
The S&P/Case-Shiller index of home prices is expected to reflect the continuing toll exacted by the deflating housing bubble. Along these lines, here is a rather remarkable list of factors — all errupting within the last […]

Less than two weeks ago we posted a mind-boggling article to this Blog that outlined some $4.28 Trillion Dollars that the government was estimated to fork over, to overt a complete financial meltdown.
Incredibly today, Bloomberg News has updated and calculated that new rescue number to be a wopping  $7.4 Trillion Dollars!!!
So here is the multi-trillion dollar question: What will our […]