Tag Archives: Recession

Reno Ranked Number 14th Worst Housing Market in Nation

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

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

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

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

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Housing Markets Still Facing Downward Pressure

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

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

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

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