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housing bust

Home prices tank across the country

by MorganMarch 2, 2009 Uncategorized

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!How’s your market holding up? The New York Times has graphed the Case-Shiller Index for home prices across the U.S. in the Case-Shiller markets. They’re all ugly. Here’s Los Angeles and San Francisco for us Californians. [...]

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2 years later housing prices still in a freefall

by MorganDecember 30, 2008 Real Estate Musings

The Case-Shiller home price index was released for October today, and (surprise, surprise) home prices are down a record 18% from last year’s levels. This drop marks the 27th straight monthly drop in home prices in the 20 major metro areas tracked by the study.
Surely, it will only get worse with this dismal economy really [...]

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FDIC Unveils Homeowner Help

by MorganNovember 19, 2008 Economy

A guest post from Frank Shump. Frank is a veteran from the financial services industry, and currently authors a blog called Thefinancecastle.com, which documents his thoughts on money matters and his adventures in self employment.
I guess it’s not all that surprising given the increasing number of foreclosures across the nation over the past few months, [...]

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A sign of the times

by MorganOctober 6, 2008 Economy

I chuckled when I saw this. Jack Daniels ad prominently featured on the day the DOW dropped 800 points and fell below 10,000 for the first time in 4 years. (Click the image for the full size.)
 

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