If there is one thing that Jim Cramer has learned over the course of his long career on Wall Street, it is what really drives the direction of a stock. "Once I learned more about what drives stocks, I realized that great expectations, or poor …
Following the economic meltdown, a number of projects were put on hold — until now. “The city estimates that more than 3,000 units of new housing, 500,000 square feet of commercial space and 800 new hotel rooms will be built in this area in the coming …
He took aim at Jeb Bush, a top tier candidate for the 2016 GOP nomination, asserting that Texas, with its robust economy, didn't experience a housing crisis like Florida's. After praising Wall Street for guiding the nation's prosperity, Perry …
But its banks were brought to their knees when a housing bubble collapsed. Europe's bailout fund loaned Spain 41 billion euros ($45 billion) to rescue the banks, and prevent the economy collapsing. In return, the Spanish government introduced a range …
And while he vowed to never bail out a bank if elected president, he blamed the nation's housing policies before the crisis for sowing the seeds of the meltdown. He also criticized the Federal Reserve, saying it kept rates too low for too long before …
Ever since the housing market crashed in 2007/2008, and proceeded to recover in the years since, California has been the poster child of the latest housing bubble. This bubble appears to be partly fueled by the Bay Area's …
The most common criticism of American U.S. investors who bet against Canadian real estate is that they erroneously consider Canada to be a smaller version of what the U.S. housing market looked like before the subprime meltdown, ignoring the obvious …
The approach of the half-century mark since the Los Angeles meltdown that began near Watts summons a less celebratory response. … It noted that in African American housing, employment and wages, Los Angeles was the best city in the nation. It said …
“The same pattern occurred before the great housing meltdown 10 years ago. The percent of houses rising in D.C. declined from 100% to 60% while the metro index showed a slowdown but did not go negative. Once the population of houses that had been …
A report from The Southern Times. “Uncertainty continues to cloud the peace and stability that Namibia enjoys as the 31 July 2015 deadline draws near when the landless youths under the leadership of the Affirmative …
Once derided as Dr Doom, the New York University professor has become a media star on the back of his predictions in 2006 of a looming credit and housing bubble crisis in the US. That year, in an address to the International Monetary Fund, Roubini …
A mortgage meltdown made buying tricky, as this is still the slowest-selling first half since 1988. • • 2012: The best start of a year since 1988, with first-half sales up 10.3 percent. The current economic revival was just beginning – with jobs …
It's estimated that 2.2 million home buyers who were caught in the depths of the housing crisis could potentially re-enter the mortgage market in the future, according to a study issued in June by TransUnion. The group is now known as "boomerang buyers.
Nevermind that median income has gone nowhere for two decades except down the last seven years. Plus, plenty of scar tissue remains from the housing crash with nearly 16.5 million homes vacant and over five million …
"The same pattern occurred before the great housing meltdown ten years ago. The percent of houses rising in DC declined from 100 percent to 60 percent while the metro index showed a slowdown but did not go negative. Once the population of houses that …
"What had been a healthy economy with sound public finances, strong export led growth, full employment and a healthy balance of payments position was now an uncompetitive, high price economy driven by a credit fuelled housing bubble that would …
Ever since the crisis, critics have lined up to topple the false idol of financial innovation from its pedestal. Spurred on by revelations about irresponsible … Far from condemning innovation, he makes the case that the blame for the meltdown rests …
“We are at completely opposite points in the (housing) cycle,” said David Madani, Canada economist of Capital Economics, who likens the current Canadian market to the U.S. market just before the dramatic housing meltdown in 2007 that drove down prices …