Jul - 28th
Ben Bernanke on PBS - Part Three
Posted at 11:21 pm | Filed Under Credit Crunch, Politics, Bailout News, The Economy, Real Estate
Jul - 28th
Ben Bernanke on PBS - Part Two
Posted at 10:36 pm | Filed Under Credit Crunch, Politics, Bailout News, The Economy, Real Estate
Jul - 28th
Ben Bernanke on PBS - Part One
Posted at 10:10 pm | Filed Under Credit Crunch, Politics, Bailout News, The Economy, Real Estate
Jul - 27th
The upcoming collapsing of commercial Real Estate
Posted at 4:21 pm | Filed Under Bailout News, Credit Crunch, California Housing Crash, Florida Housing Crash, The Economy, Real Estate
Embedded video from <a href=”http://money.cnn.com/video”>CNNMoney.com Video</a>
Jul - 24th
Video: Dan’s foreclosure story
Posted at 8:06 pm | Filed Under Bailout News, California Housing Crash, The Economy, Real Estate
We found this video on the internet and we wanted to share it with you.
Jul - 22nd
Unemployment will continue to go up in Southern California
Posted at 11:23 am | Filed Under California Housing Crash, The Economy, Real Estate
Another grim report of the recession in Southern California. The LA Times reports the following:
Unemployment in California and Los Angeles County will increase well into 2010, continuing to exceed the highest levels since at least the end of World War II, according to a local economist whose projections for the Southland economy are among the […]
Jul - 20th
How to avoid hiring an American
Posted at 11:29 pm | Filed Under The Economy
In this video, lawyers explains how to avoid hiring Americans and how to hire immigrants instead. Pretty sad, isn’t it?
Jul - 16th
Foreclosures keep increasing
Posted at 1:11 pm | Filed Under Bailout News, The Economy, Real Estate
The housing market keeps getting worse. According to CNBC:
The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills.
The mushrooming foreclosure crisis affected more than 1.5 million […]
Jul - 15th
The high-end of the real estate market is collapsing
Posted at 2:39 pm | Filed Under Bailout News, The Economy, Real Estate
We told this would happen. We are seeing sellers of high end homes throwing the towel and lowering their asking prices. All over the nicest parts of California, houses selling for more than 1 million dollars are sitting on the market with no offers and therefore, sellers have no choice but to lower the price. […]
Jul - 6th
Get ready for the next huge wave of foreclosures
Posted at 4:14 pm | Filed Under Bailout News, California Housing Crash, Florida Housing Crash, The Economy, Real Estate
This article on the LA Times web site seems to agree with what we are seeing here in Orange County, CA. Banks are getting ready to dump on the market thousands of foreclosed properties. Unfortunately, this will bring more pain for the thousands of families that will lose their homes. Our heart goes out to […]
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