Real estate blog entries tagged with bubble by Ki Gray - Austin Real Estate (Escapeso Austin Real Estate)

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bubble: Benefits of Buying Real Estate in a Down Market - 03/31/08 10:16 PM

During an up market everyone is rushing into the real estate market and during a down market everyone is running scared. But if we remember markets go up and down. And generally in 10 years people that bought during a down market frequently are happier with the appreciation on their … (0 comments)

bubble: Countrywide to go Bankrupt - 01/10/08 02:04 AM

Countrywide recently declared their third quarter results for 2007. And to say the least they did not look pretty. In addition to increases in deliquencies and foreclosures Countrywide declared a large loss, 1.2 billion dollars. This is pretty high when you consider the entire company is only worth 2.97 billion. At … (1 comments)

bubble: Possible Countrywide Bankruptcy Part 2: Bank of America to Invest 2 Billion dollars - 08/22/07 08:14 PM

Let's start off with a little back story. Countrywide spent the real estate boom times growing to be the largest mortgage company in the United States. They had very lax restrictions on who they gave loans to. Consequently now that people are worried about homeowners not paying their loans, investors have … (1 comments)

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