Nov 4 2008
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 […]
Oct 31 2008
Markets Face Worst October since 1987: Dow Jones Industrial Average on Pace for Worst Year to Date Record since 1931.
At the start of Monday, the Dow Jones Industrial Average was down 36.83% for the year. How bad was that? Let us put it this way, the only two years with more Shakespearean tragic one year performances were in 1907 and 1931. That is how significant this crash is. Even with the amazing recovery of […]
