The Housing Bubble Started in 1979: The 3 Stages of the Housing Bubble. From Birth to Bust. Housing Collapse is 30 Years in the Making.
Many would argue that the real estate bubble started in 1997. At this point, residential real estate values in the United States disconnected from any economic fundamentals. We have heard this argument many times. Yet I am going to argue that the current real estate bubble started in 1979.
Best Performing Investments for 2008: Can Real Estate actually be one of the Best Investments for the Year? 5 Strong Performing Areas for the Year.
Investors had very little place to hide this year. Without a doubt, 2008 has been a tumultuous year for virtually every class of investment out there. The stock markets are seeing one of the worsts year on record since the Great Depression losing globally, an estimated $32 trillion in market capitalization.
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 […]
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 […]