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Can you spot the trend? Chart courtesy of http://www.calculatedriskblog.com/ Hat tip to friend, reader, and monetary expert Dave for sending this gem along. For further reading on the real estate trainwreck, check out this interview with real estate entrepreneur and guru Andy Miller.
A few weeks ago I glowingly declared that the bear was back in charge, and that the new trend was down. Channeling Lee Corso – not so fast, my friend! It’s been a strong retracement of the Jan-Feb decline: Markets have rebounded – from oversold in Feb, to overbought in March! (Source: Yahoo finance) BUT […]
Is real estate bottoming? Ummmm, I guess it depends what you mean by bottoming…but unless you work for the NAR, probably not! Here’s an exclusive, insider look at the “real estate train wreck” as Casey Research’s David Galland sat down with real estate entrepreneur and guru Andy Miller. This read will make you think twice […]
Channeling Dee Snyder – Mortgage lenders say they’re not gonna take it…anymore. Here in Northern California, we’ve been housing outcasts for awhile. We were weirdos for renting throughout the housing boom. Now, we’re weirdos for a different reason – we’re not walking away from our mortgage. It’s the latest trend, and it’s getting hotter. Why […]
Fellow renters, you’ll love this clip. James Altucher of Formula Capital rants about the scam that is home ownership in America. As a renter myself (a renter in California, no less!), I ate this clip up. I still remember feeling REALLY dumb in ’03-’05 when everyone was buying property that “never went down” – at […]
It’s Christmas in July! Maybe not quite, but I do derive similar (twisted?) satisfaction whenever an email from our local real estate agent pops into my Inbox! Yes, you may remember our friend from past gems like the dumbest explanation of inflation – ever. Well she’s back…and making less sense than ever before. Without further […]
I couldn’t resist sharing some hot investment advice that just came through my Inbox, from our favorite real estate agent. To refresh your memory, here was the last gem that was sent over – an explanation about inflation that was, honest to God, the dumbest I’ve ever heard. Today’s insight is not as “doom and […]
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