When confronted with a crisis, communities must find a way to adapt by rebuilding with higher building standards, greater community cohesion and more inclusive economies. Today, New Orleans is one of the fastest … Like other cities across America …
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The market certainly whipsawed its way through the week as investors weighed many concerns–among them China's market meltdown, slowing global growth, and the possibility of a Fed rate hike. The Dow lost more than 1,000 points at one point on Monday …
The Housing Bubble. Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole. …. Our society wanted and still wants housing prices high. They don't wanna see how …
The Housing Bubble. Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole. … That is how I know your 25 million empty houses doesn't add up! Comment by Mafia …
In June 2015 the average housing price in the United States was approaching the all-time high reached in July 2006, at the height of the Great Housing Bubble, according to the National Association of Realtors. Nobel Prize …
Moreover, when wealth increases, like when the stock market or housing market rises in value, people often spend only a fraction of that. When wealth decreases, many people don't cut back their purchases on a dollar-for-dollar basis. Economists call …
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"Growth in new home permits was slow and steady in the Midlands from the early 1990s through 2002, averaging about 4,000 new single family homes per year before the housing bubble began in 2003," White said. "By 2006, 616 different builders combined …
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Fannie Mae's new program will surely not be a panacea for inequity in the U.S. housing market. But the overarching goal, that of allowing all Americans to find housing that they can actually afford, is a worthy one. That's because even after the crisis …
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After building 93,000 new houses in 2006 at the height of a property bubble, just 9,500 new units have been built on average a year since 2010. That is less than half both the number built during the 1970s and the figure needed just to keep up with …
Thus the overall picture of the Australian housing bubble. Since the Financial Crisis, it has largely been driven by Sydney and Melbourne. When adjusted for inflation and quality improvements, the national average started …
This action would cause a massive-selloff that would cause the economies of Australia, Qatar, the United States, China and Saudi Arabia to experience some implosion – mirroring the 2008 Housing Bubble burst.
A number of books have been published dealing with the current recession and its causes. I have been perplexed as to why the Republicans (no, I dislike both political parties) are not responding to the accusation that this is …
NEW YORK, NY – AUGUST 24: A news ticker is seen in midtown Manhattan on August 24, 2015 in New York City. As the global economy continues to react from events in China, markets dropped significantly around the world on Monday. The Dow Jones …
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Within minutes of the opening bell on Wall Street this morning, as we are all now well aware, the Dow Jones Industrial Average was off by 1089 points. A precipitous drop in commodities signaled what was going to happen on today, following a downward …
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A study from the National Association of Realtors shows many of those buyers who lost their homes during the housing crisis have restored their credit and are ready to become homeowners again. Phoenix, one of a number of cities hit hard by the market …
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Not long ago, Brazil's real-estate market was one of the biggest symbols of the country's burgeoning economic might. Now, it's fallen victim to an ever-deepening recession. PDG Realty SA, once the largest homebuilder by revenue, hired Rothschild last …
The White Man Behind A Desk is back, with equal opportunity satire and a special message to rich people.
The median home price had hit the all-time crazy peak of $230,000 in 2006, during the insane Housing Bubble that had such dramatic consequences when it imploded. So in May, the median price was almost back where it …