[caption id="attachment_174" align="alignleft" width="300" caption="null"][/caption] Here is my biggest problem with the bailout: it all happened too quickly for the American public to understand why it was so critical (if, in fact, it was). I don't know about you but for me it seemed like one day
Bad Idea. Unless you absolutely MUST sell your home now, don't even put it on the market. Here are my reasons: 1. Buyers are all looking for a steal. They can read the papers just like you and me and they see that median home prices are, on average, down 20% from 2006 peaks. And, in certain areas of the country, the decline is more like
Some journalists have been suggesting that values in commercial real estate will be the next to crash - following housing and dragging the U.S. economy even further into a serious funk. Prior to giving you my opinion, I'd like to give you my resume: before I turned to journalism (writing, teaching and speaking), I spent 30 years as a real
[caption id="attachment_158" align="alignleft" width="265" caption="null"][/caption] From The Skinny on the Housing Crisis (Clover Leaf, 2008) Yesterday Alan Greenspan, Former Chairman of the Federal Reserve, testified before Congress. To his credit, he was somewhat forthcoming in acknowledging that
It seems that every significant event in history leads to a new vocabulary - new words or, old words and phrases used in new ways. The last year has been illustrative as writers and commentators struggle to find words or phrases to describe unique situations related to the housing and credit crises. Here are ten of my favorite
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