California Real Estate Stand-off: Just What is Going On?

California real estate is experiencing something of a stand-off right now, and it’s getting a lot of people worked up. Analysis of local data over the last year shows that the usual principles of ‘supply and demand’ just aren’t applicable right now, and neither buyers nor sellers are willing to give an inch…

Bernanke Refuses To Flush Toilet, Economy Begins To Really Stink

It’s been a long hot summer. Employment is barely growing; residential housing prices continue to erode because of too many foreclosures and too few buyers; Commercial Real Estate headed south as delinquent mortgages reached an all time high in July; AIG has had enough with the endless stream of losses on MBS’s and is now

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