Author Archives: Richie

This isn’t exactly a bubble article, but definitely an interesting read which raises a lot of questions about development in close proximity to others: Construction in neighboring town damages 2-family house Tenants of the two-family clapboard home began hearing the … Continue reading →

Ahh yes, more wonderful news regarding the valuation of homes in ‘overvalued’ areas. Check out this article, and look at the percentages. Home prices too high in 71 cities Pretty scary, isn’t it? Could you imagine just buying a home … Continue reading →

Guest blogger Richie is back for an encore. Grim is heading away on vacation again, so I’m filling in part time to keep the conversations going here. I just came across this great piece from the Associated Press; the title … Continue reading →

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 →

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 →

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 →

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 →

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 →

I came across this article on my nightly news-check. Seems that a collapse is already under way on the other side of the world. Why should we be concerned? China has had a pretty strong economy over the past few … Continue reading →

Seems the economy is growing beyond expectations even with a decline in home sales. So what happened to real estate being the engine that was driving the economy? I guess everyone cashed out and is spending their profits elsewhere. …Data … Continue reading →

Just two weeks ago, an article was posted up regarding an article by David Bach about why home owners get rich and renters stay poor in this previous writing by Grim: Homeownership Propaganda Machine Running Full Steam Ahead. This morning … Continue reading →

I am guest blogging for Grim this week while he’s out of town. The housing starts number is out! U.S. Economy: Sales of New Homes Decline, Inventory a Record The total sales for for new homes is at a 1 … Continue reading →