mortgage meltdown: Staring Into A Very Deep Hole - Can The Government Allow Fannie Mae or Freddie Mac To Go Belly Up? - 07/16/08 05:02 PM
Last Friday morning I turned on CNBC to watch the business news and the coverage was centered on the crisis at Fannie Mae and Freddie Mac.  As I sat there listening to the talking heads discussing the possibility of Fannie Mae and Freddie Mac going belly up, my own belly was doing back flips.
While I agreed with the commentators who expressed the opinion that Fannie and Freddie were too big to fail and that the government would have no choice but to step in and rescue them, I couldn't get over the fact that there was serious discussion going on … (23 comments)

mortgage meltdown: Dow Headed Towards 10,000 - Why We Have To Play The Blame Game - 06/27/08 11:06 AM
On January 2, 2008 I posted, "Predictions for 2008" where I predicted that Broker Byrant would still be getting 40% of his posts featured here on AR and that sometime during 2008 that the Dow Jones Industrial Average would close at or below 10,000. 
I appear to be on track for both of these predictions!  I'm just teasing about Broker Bryant, but I'm as serious as a heart attack about the Dow closing below 10,000.  When I made this prediction the Dow had most recently closed at 13365.87. 
As I'm writing this, the Dow is at 11387.79 or a drop of … (9 comments)

 

Bob Mitchell - Realtor St. Louis

Saint Louis, MO

More about me…

ValueList Real Estate Services, Inc.

Address: 4251 Martyridge, St. Louis, MO, 63129

Office Phone: (314) 231-5478

Email Me

A blog about St. Louis real estate and about real estate in general from a guy who has been selling real estate and doing mortgages since 1984. I'm also the owner of ValueList Real Estate Services, Inc. a discount real estate company serving St. Louis since 1995!


Links

Archives

RSS 2.0 Feed for this blog