Bank of America: Third Quarter Earnings, $1.18 Billion. Countrywide Loan Settlement, $8.6 Billion. One of the Biggest U.S. Banks Unable to do Math, Priceless.
I’m sure it is difficult for most people who are struggling with the day to day items of life to focus on the macro problems plaguing the economy. Many families are hearing more and more everyday about a neighbor or friend that has lost a home to foreclosure and deep down many are feeling a […]
Global Markets: World Stock Markets Feeling the Pain of the Credit and Housing Crisis.
There have been many theories floating around the financial press that the world markets are now independent and that having a global depression like times in the past was highly unlikely. For the most part, since the credit crisis took on a full head of steam in August of 2007 most world markets are falling […]
Housing: Google Maps, Redfin, and Zillow: How Information Fueled the Housing Bubble and is changing the Real Estate Industry
Information is true power. The idea that only certain experts can explain economic phenomena is falling by the wayside. What has occurred over the past few years is a rapid shift in how people digest their information. In the housing sector, information is absolutely vital. Not only is information important but having accurate information. You […]
The Booming Real Estate Sector: Public Storage Facilities.
It really isn’t news that the overall housing market is facing tough times. What may be news to you is that there is a booming segment in the real estate industry. Public storage. With the current housing problems many people are looking for temporary storage of household items during moving, selling, or unfortunately foreclosures. The […]