insert-headers-and-footers domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6131oxygen domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6131By Paul Craig Roberts For a picture of the US real estate crisis, imagine New Orleans wrecked by Hurricane Katrina, and before the waters even begin to recede, a second Katrina hits. The 1,120,000 lost US retail jobs in 2008 are a signal that the second stage of the real estate bust is about to […]
Will commercial real estate be the next shoe to drop in the ongoing U.S. financial crisis? While most eyes are on the continuing residential real estate disaster, the reality is that the state of the commercial real estate market in America could soon be even worse. Very few financial pundits are talking about this looming […]
You think home mortgages are the end of the real estate problem! Think again. Because, here comes The Big One: commercial mortgages. Your average big kitchen, 3 1/2 baths, 4 bedrooms, and an entertainment room with a big screen on the wall HOME pales next to a gigantic mall, an industrial/office park, skyscraper commercial building. Commercial […]
Sam Rovit and David Sweig The trouble in the commercial real estate markets is getting ugly, as the precarious situation of Dubai World has made all too clear. Expect many more unpleasant situations like that one. Speculative-grade debt issuers are bracing for the default rate to hit 12% to 14% by the end of 2009, […]
I’d been warning you about the next two foreclosures meltdowns. #1 - The resetting of all Option ARMS on residential properties. #2 - The commercial property meltdown. And honestly, this really scares me. Here’s why… You know the housing crisis is bad. The commercial foreclosure crisis is going to be MUCH WORSE.
This is a Credit Suisse Chart of all of the mortgage resets starting with the Sub Prime mess in 2007. There are an estimated 19 million homes that are empty in the United States. An estimated 2/3 of all the homes foreclosed are not even on the market yet.The crazy thing is we have not […]
Editor's Note: Beware when the media tells you to come back into the water it is usually before the next big drop. Until the Jobs, Business, the Dollar, Bank Balance Sheets, Trade Deficit, Budget Deficit, Social Security and a whole host of other issues get resolved there could be a long way down yet to […]
Here comes the next big thing, Commercial Real Estate Foreclosures.Here is a Federal Reserve chart on the rise in Commercial Foreclosures. To learn more about how to position yourself to profit off of this collapse CLICK HERE.
Listen to Elizabeth Warren Chair of the Congressional Over site Committee. 2,988 banks are already classified as having risky commercial loans. The sub-prime mess has weakened the these banks, the Commercial Collapse will finish them off. Now that Real Estate has dropped 40% banks will no longer refinance on such easy terms as they did […]
So unfortunately Thursday night we got off to late start because GOTOWEBINAR screwed up the phone lines. The training started at 9:15 so if you were on time and got off I apologize and I’ll make it up to you. Instead of going thru a structured training call, Jeff and I decided to get real relaxed, […]
