Posts Tagged ‘Recession’
Posted on August 27, 2009 - by admin
Obama and ‘Redistributive Change’
From HereBy Victor Davis HansonForget the recession and the “uninsured.” Obama has bigger fish to fryThe first seven months of the Obama administration seemingly make no sense. Why squander public approval by running up astronomical deficits in a time of pre-existing staggering national debt?Why polarize opponents after promising bipartisan transcendence?Why create vast new programs when the efficacy of big government is already seen as dubious?But that is exactly the wrong way to look at these
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Obama and ‘Redistributive Change’
Posted on August 22, 2009 - by admin
U.S. Cheapest Homeownership Market Reports Tampa #5
Business Week Article explains when conditions are favorable to own rather than rent. Tampa Bay Ranked #5 in their report. Tampa Metro (Fla.) Own/rent ratio: 115% Annual cost to own: $10,823 Annual cost to rent: $9,444 From Channelside South Florida is has been hit hard by the recession, and home prices in Tampa have taken a dive
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U.S. Cheapest Homeownership Market Reports Tampa #5
Posted on August 21, 2009 - by admin
Bulgarian Holiday Homes Are Great Recession Investments
Before the current global recession, thousands of people within the UK bought holiday homes around the world. Bulgaria was one particular hot spot for holiday home buying because the property at the time was so cheap, and it only looked to rise, making it a very good investment at the time.
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Bulgarian Holiday Homes Are Great Recession Investments
Posted on August 21, 2009 - by admin
Hamptons Real Estate Rally?
EAST HAMPTON, N.Y. — Few real estate markets got hit harder by the recession than the Hamptons, Long Island’s summer playground for the rich and famous.
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Hamptons Real Estate Rally?
Posted on August 21, 2009 - by admin
The Rich Losing Their Grip On Their Wealth
Not that it’s all that shocking, but it seems the recession is also bringing down the wealthy , and even though they still have some money, they’re nowhere at the prominence they once were, and some of them are living, well, like many of us are. In the story linked to above, they highlight John McAfee, of McAfee antivirus software fame, who sold his company years ago and was at one point worth $100 million and living large. Now he’s worth around $4 million, and is trying to sell his last pro
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The Rich Losing Their Grip On Their Wealth
Posted on August 21, 2009 - by admin
Mansion in Beverly Hills, CA that Ricky Martin once owned is back on the market for $26.9M
A six-bedroom mansion in Beverly Hills, Calif. (well, actually, in the Beverly Hills postal district, or the BH PO) that Ricky Martin owned from 2004 until 2006 has come back on the market, this time for $26,900,000
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Mansion in Beverly Hills, CA that Ricky Martin once owned is back on the market for $26.9M
Posted on August 21, 2009 - by admin
How Will the Increase in Renting Affect the Property Market?
Of all the various markets that have been hit by the recession, few have been as totally and utterly decimated as the property and mortgage markets Of course, with the benefit of hindsight and intense scrutiny by everyone from politicians to journalists to local shopkeepers as to the reasons for the economic collapse, it is far from a new theory to suggest that it was the unrealistic borrowing and lending in relation to, particularly, the property and mortgage markets that led to the recession
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How Will the Increase in Renting Affect the Property Market?
Posted on August 20, 2009 - by admin
Mortgage delinquencies hit record high in 2Q | Washington Examiner
With the recession throwing thousands of people out of work daily, more than 13 percent of American homeowners with a mortgage have fallen behind on their payments or are in foreclosure. The record-high numbers released Thursday by the …
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Mortgage delinquencies hit record high in 2Q | Washington Examiner
Posted on August 20, 2009 - by admin
Comparison Between Government and Private Sector Job Markets!
State and local governments have expanded their payrolls and added 110,000 jobs whereas the private sector has cut 6.9 million jobs since the start of the recession, according to a report issued Thursday by the Nelson A.
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Comparison Between Government and Private Sector Job Markets!
Posted on August 20, 2009 - by admin
Adventures in Homebuying: Searching for the real deal in Seattle
I’m in the Seattle area trying to take a couple days of R&R, but wherever I go, I always get sucked back into work. And it’s not just the daily responsibilities of managing FrontDoor’s content . As a real estate editor and licensed real estate salesperson, friends and colleagues often ask me what I think about the market and whether a property they like is actually a deal.
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Adventures in Homebuying: Searching for the real deal in Seattle
