Monthly Archives: March 2006

Goodbye Boom, Hello Bust

This morning I bring to your attention 3 different articles on 3 different real estate boom areas. First off, let’s get the update on the US Real Estate Market: America’s most dangerous ‘housing bubble’ Several good points are made here. … Continue reading

Posted in General | 41 Comments

Weekend Open Chat – Why are you here?

Now that my weekly sit-in for Grim is just about done; I’m opening up this thread for open discussion, but mainly to find what; who are you and what brings you here? We definitely have a very broad range of … Continue reading

Posted in General | 93 Comments

More Media Coverage on the Sloooooow down

I can remember 6 months ago where the headlines on msnbc.com were “Housing Craze”.. The tide is now turning, and I just caught this article on their site… How a housing downturn could roil economy It’s about time main stream … Continue reading

Posted in General | 8 Comments

State unemployment nearing national level

Some more news for NJ’s economy, we’re losing more jobs and hitting the national unemployment level.. State unemployment nearing national level Between January 2005 and January 2006, the U.S. unemployment rate fell to 4.7 percent from 5.2 percent, while unemployment … Continue reading

Posted in General | 53 Comments

Mortgage rates fell, but so did applications…

I wish there was something more exciting to write about; although just another update on the status of mortgage applications. MBA: Mortgage applications tick lower Mortgage applications fell last week as lower interest rates failed to spur demand for loans … Continue reading

Posted in General | 14 Comments