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Sunday, May 11, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
May 11, 2008 at 12:03 am ET
This weekend I’ve gotten many e-mails talking about the walking away “myth” and an onslaught of articles now addressing the issue. For those of you that read many of the economic and housing blogs, ... (more)

Friday, May 9, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
May 9, 2008 at 12:53 pm ET
Orange County, an area with over 3,098,121 people sometimes has a reputation at least nationwide as being an exclusively prime area. What most people that don’t live or work here realize is that ... (more)

Thursday, May 8, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
May 8, 2008 at 2:15 am ET
You know you do it. Deep down you know you feel a bit sneaky when you do it like going on a clandestine secret mission. I would venture to guess that you have ... (more)

Tuesday, May 6, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
May 6, 2008 at 2:07 pm ET
There are moments in history that change the world profoundly. The fall of the Berlin Wall. The industrial revolution and the impact it made on our society. And finally, David Lereah, the ... (more)

Monday, May 5, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
May 5, 2008 at 4:03 am ET
I’m not sure at what exact point did “saving” become a four letter word. The predicament that we now find ourselves in has an origin in a decade long spending binge. For many ... (more)

Thursday, May 1, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
May 1, 2008 at 7:09 pm ET
There seems to be a false sense of security that somehow, the credit (debt) crisis is now slowly floating away into space. The market rally is indicative of this false sense of security. ... (more)

Wednesday, April 30, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 30, 2008 at 3:09 am ET
It is hard to wrap your mind around the size of the American housing market. Today’s Case-Shiller Index reported a further deterioration in the housing market. The difficulty in determining what real estate ... (more)

Monday, April 28, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 28, 2008 at 5:37 pm ET
The California Association or Realtors on Friday came out with another press release showing how dismal the market has gotten. Sales have fallen 24.5 percent from a year ago but the more shocking development ... (more)

Sunday, April 27, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 27, 2008 at 5:02 pm ET
First, I want to thank everyone that participated in the discussion about the hypothetical family making $100,000 a year with 2 kids and showing how $100,000 doesn’t go as far as many would expect especially ... (more)

Friday, April 25, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 25, 2008 at 2:10 pm ET
Many people reading this blog from states with moderate housing prices have a very hard time understanding how a family earning $100,000 a year is having a challenging time staying in the middle class ranks. ... (more)

Thursday, April 24, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 24, 2008 at 2:07 pm ET
Making predictions is a tricky business. Just ask any political pundit or economist how easy it is to forecast the future. Yet we have enough current data from multiple sources to give us ... (more)

Tuesday, April 22, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 22, 2008 at 6:52 pm ET
The Wall Street illuminati have now come up with a new way of dragging new investors into the trenches. It is a technique practiced only by the most ardent Jedi investment bankers. A ... (more)

Saturday, April 19, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 19, 2008 at 10:20 pm ET
How quickly people forget the lessons from the past. Last week was a complete bear market rally. We had a few companies such as Google and Honeywell announce solid earnings but the banking ... (more)

Friday, April 18, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 18, 2008 at 2:43 am ET
When Californians say housing prices are insane and belong in a mental asylum wrapped up in a straight jacket, they usually are correct. Even as housing prices swiftly correct we are so conditioned to ... (more)

Thursday, April 17, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 17, 2008 at 9:39 am ET
Over the past week, so much has been thrown back and forth over the “bitter” comments Senator Obama made about small town Americans in Pennsylvania. When I first heard of this while flipping through ... (more)

Tuesday, April 15, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 15, 2008 at 7:33 pm ET
If anyone was expecting a spring bounce from the housing Easter Bunny they’ll need to wait for another year. Frankly, all this hyperbole of reaching a bottom is wishful thinking and is completely devoid ... (more)

Monday, April 14, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 14, 2008 at 9:06 pm ET
Today California once again got its Hollywood ego back on the main stage with Wachovia announcing a major cut in their dividend and more problems with guess what, pay Option ARM mortgages. It turns ... (more)

Sunday, April 13, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 13, 2008 at 3:01 pm ET
Even though things appear to be deteriorating rapidly and are shocking the public and officials, this castle made of mortgage sand was built over a decade of frankly irresponsible greed and corruption. There really ... (more)

Friday, April 11, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 11, 2008 at 8:27 pm ET
Today the market tumbled again reflecting the underlying reality that earnings are much weaker than expected and this will have a long and deep impact on our economy. This isn’t going to be a ... (more)

Thursday, April 10, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 10, 2008 at 3:51 am ET
Let us layout something from the beginning. Bailouts are already occurring. The mainstream media for the most part still seems to be echoing a sentiment that bailouts haven’t occured. The bailouts have already ... (more)

Wednesday, April 9, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 9, 2008 at 11:28 am ET
It isn’t a surprise that the lower-end of the housing market was the first to give way as the market started contracting. Now, we are seeing significant pressure on what were so-called prime areas ... (more)

Tuesday, April 8, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 8, 2008 at 3:30 am ET
There seems to be a crescendo rising from the Southland that we are now nearing a market bottom in real estate. The argument goes a little something like this: prices have fallen significantly, ... (more)

Saturday, April 5, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 5, 2008 at 2:40 pm ET
A reader sent in a fascinating story from the L.A. Times (hat tip Exit) discussing the impact of the housing market on plastic surgery. If you’ve noticed recently that people are looking less like ... (more)

Friday, April 4, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 4, 2008 at 3:19 am ET
There is something to be said about creative marketing and the influence it has had on this credit bubble. Yes, it is one thing to go after the Federal Reserve, Wall Street, greedy speculators, ... (more)

Wednesday, April 2, 2008
From Dr. Housing Bubble - view blog entries - visit this blog
April 2, 2008 at 4:07 pm ET
We are once again firmly in Wonderland and falling deeper into the rabbit hole as the market is responding to negative news as if it just won a Powerball contest. On Monday, UBS AG ... (more)

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