http://www.businessweek.com/the_thread/hotproperty/ The real story on real estate 2007-08-20T20:22:33-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/does_2007_1929.html?campaign_id=rss_blog_hotproperty For those among you who subscribe to the notion that the housing downturn will lead to the next Great Depression, I pass along this video ...... Depression dean_foust 2007-08-20T20:22:33-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/good_read_on_ch.html?campaign_id=rss_blog_hotproperty If you're one of the few who are actually looking to buy a house, and are wondering how amid all the turmoil credit standards are changing, real-estate columnist Kenneth Harney has a informative article in The Washington Post detailing the... Mortgages dean_foust 2007-08-20T19:54:36-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/our_washington.html?campaign_id=rss_blog_hotproperty I acknowledge up front that this blog posting will contribute absolutely nothing to the sum knowledge of the world. And I don't mean it to be as self-promotional as it will look, just indulge me in a fun little exercise... Regions dean_foust 2007-08-20T14:57:43-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/are_we_seeing_f.html?campaign_id=rss_blog_hotproperty Calculated Risk is one of my favorite housing-related blogs, even if I don't know who really is the man behind the curtain (the anonymous author only describes himself as "a senior executive, retired from a public company, with a background... Housing Prices dean_foust 2007-08-20T12:16:42-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/theres_a_cute_l.html?campaign_id=rss_blog_hotproperty There's a cute little diddy makes the rounds on the Internet, "The Day the Subprime Died," sung to the tune of Don McLean's 1971 hit "American Pie." The laments of a mortgage broker who feasted on subprime loans. Here are... dean_foust 2007-08-19T23:03:44-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/scenes_from_the.html?campaign_id=rss_blog_hotproperty Want a sign of how Americans are growing panicked about the meltdown in the mortgage business? Scott Reckard and Annette Haddad of The Los Angeles Times provides an on-the-ground report on how depositors in Countrywide Financial all descended upon the... dean_foust 2007-08-17T15:16:03-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/attend_a_trade.html?campaign_id=rss_blog_hotproperty I've gone to trade shows and conferences where the sponsors give you a goodie bag full of worthless tsochkes--key rings, beer huggies and T-shirts you'd only wash your car with. But Foreclosure.com, an Internet-based service that provides listings of foreclosed... Foreclosures dean_foust 2007-08-17T09:30:20-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/is_the_2008_ele.html?campaign_id=rss_blog_hotproperty My BusinessWeek colleague Michael Mandel has an insightful post on his Economics Unbound blog yesterday on the political ramifications of the housing downturn, which I'm taking the liberty of "re-purposing" here given its relevance to the debate that's been occurring... dean_foust 2007-08-17T09:05:56-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/helicopter_ben.html?campaign_id=rss_blog_hotproperty Federal Reserve Chairman Ben Bernanke rides to the rescue this morning with a half-point cut in the discount rate. The discount rate is not to be confused with the Fed Funds rate, which is the rate banks charge among themselves... Economy dean_foust 2007-08-17T08:51:27-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/one_more_thing.html?campaign_id=rss_blog_hotproperty Catchy name, though...... Florida dean_foust 2007-08-16T17:33:20-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/should_the_fed.html?campaign_id=rss_blog_hotproperty There’s growing sentiment on Wall Street that Federal Reserve Chairman Ben Bernanke will cut interest rates—if not now, certainly at the Fed’s scheduled September meeting—to stabilize the financial markets and keep the economy on strong footing. Mark Zandi, head of... Economy dean_foust 2007-08-16T14:18:49-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/home_prices_imp.html?campaign_id=rss_blog_hotproperty Home prices are still seeing double-digit increases in 97 of 149 U.S. markets, according to the National Association of Realtors. But don’t get too excited, for even these numbers may be flaky. Let me explain. I just finished writing a... Housing Prices maya_roney 2007-08-15T16:34:12-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/bad_brokers.html?campaign_id=rss_blog_hotproperty This housing boom was different in many ways, starting with how the actual mortgage loans were made. Time was you went to Jimmy Stewart and the local Building and Loan and, if the bank's lending officer smiled upon you, you... Brokers dean_foust 2007-08-15T15:05:00-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/merrill_raises.html?campaign_id=rss_blog_hotproperty Yahoo! FinanceQuote for CFC/ Want to know how bad it's getting out there. This bad: Shares of Countrywide Financial fell yet again today--the fifth straight down day for the mortgage lender--following a report in which Merrill Lynch analyst Kenneth... dean_foust 2007-08-15T12:42:04-05:00 http://www.businessweek.com/the_thread/hotproperty/archives/2007/08/california_suns.html?campaign_id=rss_blog_hotproperty It’s one of the things that has intrigued me the most about this real estate slump, how home sales volumes can crash but prices stay up. Doesn’t this fly in the face of economics 101, less demand, lower prices? The... Housing Prices chris_palmeri 2007-08-15T08:15:24-05:00