Category Archives: subprime meltdown

What does bump in renters mean for housing market?

Posted on May 11, 2012 by Kent Clothier

The real estate market may be starting to stabilize, but that doesn’t mean people are rushing out to purchase a new home. If you follow the market closely, it’s already apparent that the number of home owners has been in a steady decline over the last decade, but that doesn’t mean the houses are sitting vacant and losing value. Many Americans are exploring alternative home owning options, such as renting and subletting. A recent report published by the Census Bureau shows that homeownership has dropped to a record low while renting has peaked at a fifteen year high. In the first quarter of 2012, 34%…Read More

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Two Financial Experts Agree That The Rules Should Be Changed

Posted on September 24, 2008 by admin

Dave Ramsey and Sam Zell are two people that I have the utmost respect for. In the last 48 hours, they have both outlined how overzealous accounting has contributed to this massive financial crisis that we face. If we simply make some accounting changes, we have the potential to free up the marketplace and allow companies to allocate their capital effectively. Right now the Market Down to Market rule is choking Wall Street which is paralyzing Main Street. If you are involved in the housing market, read these two articles and contact your Congressman and Senator…. From: DaveRamsey.com Remember Enron,…Read More

Posted in dave ramsey, financial crisis, foreclosure crisis, sam zell, subprime meltdown | Leave a comment