New York City Housing Prices Holding Strong: Will the Financial Collapse Bring Prices Down?
New York City is a unique city for many reasons. It is the heart of the United States financial system and now, the target of much of the blame being heaped onto Wall Street. Before we look at actual raw numbers for the city and zip codes, let us first do a quick analysis of […]
Economic Crisis Unintended Consequences: Moving Back with Ma and Pa…And Grandma and Grandpa.
There may be a bright spot in some of this economic mess. Â All that McMansion inventory may be suited to housing extended families. Â Many people are now finding out that it isn’t too late or too early to move back with your extended family because of economic reasons. Â Here in California, we’ve heard many stories […]
The Miseducation of the California Housing Market: 3 Reasons Why California Housing Still Has 3 Years Before Hitting a Bottom.
California housing has been an enigma for most in terms of pricing. How in the world did the median price for a California home reach $597,640 at the peak of the housing bubble? That is a question that historians, economist, and writers will need to answer once the ashes are left. But we are still […]
Why Senator Obama’s Economic Plan is better than Senator McCain’s: 3 Major Key Points.
As we wind down to the last few days of the election, it is important to remember that whomever is elected there will be an economic mess awaiting the new CEO of our country. Make no mistake, there will be some hard choices that will confront this nation for the next 4 years so having […]