Not like it’s really a suprising fact, but definitely a sobering one. I previously wrote about the game my children and I play where we guess the number of “For Sale” signs we’ll count on a street as we’re driving. It’s times like that when you realize the housing bubble and credit crisis […]

We’re seeing this more and more - the benefits of owning a house are no longer outweighing the benefits of renting instead. With high profile folks like Jose Canseco electing to be foreclosed on rather than make uncomfortable payments or the folks who are losing their homes in The Hamptons due to the North […]

Everytime you hear the optimists speak about a turn in the economy being just around the corner, you hear of things like the tax rebate checks, or some statistic trying to show that housing isn’t as bad as it really is, or the fact that unemployment and GDP growth aren’t as bad as they could […]

A crashing market is great for buyers who are eagerly waiting to chomp into their next home at a fantastic price. But it’s not so great for sellers who are left unable to sell at prices that let them break even with what they bought for. Seems to be a chicken vs […]

As the housing bubble continues to pop, we all get wet. Some end up stickier than others. Now that the hotter first quarter months are past, we’re seeing that the crash is continuing and that 2008 won’t be any better than 2007. To the contrary, it appears that it’s only going to […]