The Federal Reserve, European Central Bank and four other central banks lowered interest rates in an emergency coordinated bid to ease the economic effects of the financial crisis.

A big hat tip to M, who’s been warning about the impending fall of the Scottsdale market for a couple of years now.  Others have not always concurred with him.  Take for example this quote from ASU professor and real estate analyst Anthony Sanders from...

Home sales are up this month, but this "good news" is not going to last: Sales of previously owned U.S. homes rose in October at a faster-than-expected pace to the highest in more than 2-1/2 years as buyers rushed to take advantage of a popular tax...

Doom Transcripts: Index & Guide We’re now a bit over half done coding the under construction transcript VI.D for AEI’s November 12, 2009 event "Is It Possible to Reprivatize the U.S. Financial System?"1 As usual, there have been some interesting...

When a lousy economy gave them lemons, "vulture" investment firms have found a way to make government backed lemonade: Investment funds are buying billions of dollars’ worth of home loans, discounted from the loans’ original value. Then, in what...

There are now a variety of options for renters whose landlords face foreclosure- but the renter doesn’t always know it: Despite anti-foreclosure initiatives by the government and lenders, the housing crisis has continued to worsen. Foreclosure notices...