Tag Archives: Recession

Reno Ranked Number 14th Worst Housing Market in Nation

Posted on January 19, 2012 by

Las Vegas was rated as the nation's worst housing market by the website, Housing Predictor.  The site published rankings of the 25 best markets, the 25 worst markets among others.  The worst 25 housing markets forecast annually by Housing Predictor … Continue reading →

Posted in Economy, Home Prices, Nevada, Real Estate, Reno, Sparks | Tagged , , , , , , , | Leave a comment

Household Wealth Down Most Since 2008

Posted on December 9, 2011 by

USA Today reports that Americans' household net worth has declined more this past quarter than any time since 2008.  They go on to explain: Americans' wealth last summer suffered its biggest quarterly loss in more than two years as stocks, … Continue reading →

Posted in America, Economy, Money | Tagged , , | Leave a comment

Old Mexicans Resent New Mexicans

Posted on August 14, 2011 by

Did you ever notice that when we might say something that doesn’t agree with the lefty agenda they call us “racists” “sexists”, “homophobes”, etc? So, here’s a story where the “old Mexicans” resent the “new Mexicans” just based on when … Continue reading →

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How Deep is the Housing Depression

Posted on June 15, 2011 by

For a gloomy analysis of the housing market this IBD editorial will not make you happy.  The collapse of residential real estate prices just officially exceeded the scale of the Great Depression’s housing crisis. Using mortgages as a welfare program … Continue reading →

Posted in Economy, Home Prices, Real Estate | Tagged , , , , | Leave a comment

Housing Markets Still Facing Downward Pressure

Posted on April 18, 2011 by

Here is a Business Insider story naming 10 US housing markets that are at risk of a major collapse. Las Vegas is one of the cities and Case Schiller predicts a 21% decline in value from 2010 to 2012. 6.7 … Continue reading →

Posted in Economy, Foreclosure, Real Estate | Tagged , , | Leave a comment

Is Now a Good Time to Buy

Posted on January 15, 2011 by

I notice questions about whether now is the time to jump into the market, and is this the time to buy. Diana Olick of CNBC also asks the same question.  Although her answer leaves a lot of wiggle room, she … Continue reading →

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Forbes: The Great Housing Recession Continues

Posted on April 26, 2010 by

Here’s a Forbes article about the real estate market and whether we are out of the woods yet. As I read it, Forbes doesn’t think so, and neither do I. There were suggestions in the media this week that there … Continue reading →

Posted in Real Estate | Tagged , , , | Leave a comment

RGJ Roundup

Posted on April 19, 2010 by

What do these stories have in common? http://www.rgj.com/article/20100418/BIZ/4180342/1071/Week+in+review++More+foreclosure+properties+for+sale And, http://www.rgj.com/article/20100418/BIZ/4180343/1071/Week+in+Review++Jobless+rises+to+record+high

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Foreclosure Epidemic? Even the Rich and Famous

Posted on April 11, 2010 by

Do you think the foreclosure problem is bad here in Reno?  Well, you’re not alone.  Even Nicholas Cage lost his home to foreclosure, Do you think the bank made out? Perhaps but no one was willing to pay the amount … Continue reading →

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Is Foreclosure Protection Fair to the Rest of Us?

Posted on March 31, 2010 by

The Obama Administration announced they want to spend $14 billion  for jobless homeowners to free them up from their monthly mortgage payments for up to six months, to help them rework their existing mortgages and provide some additional money, to … Continue reading →

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