In August, Frederic S. Mishkin a member of the Board of Governors of the Federal Reserve Bank authored a paper which explored how the Fed should react to a bursting of the housing bubble. One idea...
The subprime/mortgage mess has accelerated this week and today the Fed stepped in to shore up the market. Many believe that a rate cut is inevitable to further shore up the market. In the...
After a 10 years of hype on how the real-estate market is the safest place to be, the spinmeisters have gone into reverse, saying we're headed for a collapse. Don't believe it. Sure, the...
The builders benefited the most from the real-estate runup and their activity exacerbated the bubble. They rushed into the mortgage market and made it easy for buyers to avoid their homes. Now,...
The damage from adjustable rate mortgages is just starting to be felt. Atlanta has a strong economy and also has one of the largest delinquincies and foreclosure rates.
We haven't seen the...
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