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Is this the Real Estate solution?

By: Myles, September 5th, 2008

SeekingAlpha just posted a very intriguing opinion piece by John Preston entitled, The Reality of Real Estate and the Economy.

Is this the problem? the solution?

According to many, the thesis (and problem) is simple: Housing health and the economy are linked arm-in-arm.  

Preston traces  this theory back to Robert Shiller, of Case-Shiller Home Price Index fame, who reflects back on a 2004 […]

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Posted in Home Builders, Economic Stimulus, Fannie Mae, Net Worth, Fannie Mae and Freddie Mac, Foreclosures, Cresession, Delinquency Rates, Residential Real Estate, Home Equity, Historical Perspective, Mortgages, Real Estate Brokers, Subprime, Developers, Market Trending | No Comments »

Home Prices and Net Worth are Dropping … Fast

By: Myles, July 9th, 2008

What will 2009 do to our home values and networth? Read on, and see what some experts predict.
 BofA sees additional 15% drop in real estate prices: Bank of America expects home prices will fall an additional 15 percent nationwide and 20 percent in California, BofA Chief Executive Officer Ken Lewis said in an interview with […]

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Posted in Net Worth, Residential Real Estate, Mortgages, Home Equity, Market Trending | No Comments »