Archive for August, 2007

The Second Great Depression or a Blip on the Radar?

Tuesday, August 28th, 2007

Depending on who you ask, the "crisis" surrounding the United States housing market is likely to go one of two ways: 1) the decline in the price of homes, and the subsequent drying up of the housing ATM is going to lead the country into the second Great Depression; or ...

The Flipside of my Argument Against a Housing Rally

Thursday, August 16th, 2007

Okay, so I sat down and thought more about what I wrote yesterday. After some careful consideration, I still think the housing market is in for some trouble, but I think that the light at the end of the tunnel might actually be closer than what I initially thought. First ...

Home Sales Fall to Five Year Low - When Will it End?

Wednesday, August 15th, 2007

As a recent home buyer, it pains me to no end to write the article. At the same time, it pains me ever more to hear people say, "don't worry, the home prices will bounce back soon," when speaking about the currently woeful housing market. I hate to be the ...

Thanks Mr. Greenspan!

Saturday, August 11th, 2007

Let me preface everything I'm about to write by reminding you that despite having a degree in business/finance, I am nothing more than an arm-chair economist. I find economic theory to be completely fascinating, but at the same time, I'm not exactly well versed in it. That being said, I ...