Jan 21 2010
Oil has Crushed the Suburban Homeowner Dream – How $75 a Barrel Oil no longer Supports New Home Construction in Distant Areas. Case study of Riverside and San Bernardino Foreclosures and Housing.
The peak of $147 for a barrel of oil seems to be a long gone memory. Yet oil per barrel is still up over $75, a long cry from the $20 barrel many became accustomed to. I have been mulling this issue over for a few months because few people are even considering oil prices [...]
Jan 15 2010
Commercial Real Estate Surpassed Residential Real Estate as Worst Performing Property Class in 2009: The $3.5 Trillion Financial Time Bomb is hitting the Economy.
Some of you are probably not aware that the commercial real estate market has crossed a dreaded line in the sand. Commercial real estate (CRE) that includes apartments, industrial, office, and retail space is now performing worse than residential real estate. Not just by a little but by a good amount. While the CRE bust [...]
