Posts Tagged ‘Housing Crisis’

Did Journalists Cause the Housing Bust? »

In speaking with professionals in the residential real estate business, I find that many of them harbor hard feelings toward the business press. They feel that one of the precipitating forces of the housing bust was the drumbeat of the media asking in headlines: "When Will the Housing Boom Turn Into a Bust?" Some of my friends in the

Can You Trust Your Residential Real Estate Agent? »

Four years ago when I was writing snail mail newsletters, I wrote one about residential real estate agents. I opined that there were far too many agents in the business and that many of them were unprofessional. The hate mail I got was amazing. Today, as thousands of fringe agents leave the business, those who remain will be individuals who see

10 Financial Bromides I Never Want to Hear Again »

10 Financial Bromides I Never Want to Hear Again

[caption id="attachment_181" align="aligncenter" width="300" caption="null"][/caption] One good thing (perhaps the only good thing) coming out of the current financial meltdown is that I no longer have to listen to the self-serving hype of financial "advisors" claiming to know what is best for me ... such as: 1. "There is no better

The #1 Problem with the Bailout »

The #1 Problem with the Bailout

[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

Thinking of Putting Your House on the Market? »

Thinking of Putting Your House on the Market?

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

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