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Housing Bubble vs. Great Depression - 04/21/08 11:41 AM
I did not produce this but thought it was really neat. Any comments?
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Housing Crash "Quote" of the Week - 04/08/08 07:40 PM
"I feel very robbed. These are the same houses I paid $620,000 for, and now they could be selling for $300,000 to $400,000!"- California Bubble Home Buyer S. California Foreclosures Increase 18 Percent in March 2008 This Weeks Biggest Loser: Riverside, California!Median home asking price drops $30,000 in the last 60 days! Is anyone else noticing this type of stuff in the news?
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The Greater Depression? - 04/08/08 07:19 PM
Front page headline of the British publication, The Independent projects a bleak future for the United States. Published April 1, one quickly realizes while reading this article this is no April Fools Day joke. A very well written and engaging article, that has drawn a lot of heat from US agencies and media groups because of it dismal outlook. Our Government has thus far been avoiding the 'R' word, buttttt OH MY GOD! The Brits think we are heading for another Great Depression, greater than the crash of '29 could ever imagine. The Brit's our 'friends' think this, hmmm, I wonder
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Billy Burke, CAI - AARE
Rancho Mirage,
CA
More about me
The Auctionarium, Inc
Address: 69930 Hwy 111, Suite 119, Rancho Mirage, CA, 92270
Office Phone: (760) 328-7570
Cell Phone: (443) 235-9656
Email Me
Commentary on the American real estate market from an auctioneers point of view.
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