Obama is set to announce $1.5 billion in aid to underwater homeowners.  Nevada stands to reap a large portion of the money, so why not announce it in Vegas with Harry Reid at your side.  What’s $1.5 billion if it helps get Harry re-elected?
What happened to fiscal responsibility?
When will they end the TARP and why [...]

As Fannie, Freddie, and the FHA all go bankrupt one day, I anticipate the debates about who caused the problem.  Was it:

the Fed for keeping rates so low and causing a bubble?
Congress for requiring and pushing the lenders to make loans to people who could not afford them?
the banks for their “predatory” pricing and foreclosure [...]

I don’t have anything that is really bugging me today.  Actually, strike that.  I do, but it’s not what his forum is about.  Our Governor’s decision is not in the realm of what we talk about on this blog so I’ll pass on bringing it up. 
I’ve been involved in the the San Diego housing market [...]

I am in the midst of attempting to purchase a home.  After 3 years of waiting patiently and saving for a down payment, I thought now was the time to finally make the plunge.  We’ve all heard about the foreclosures, short sales, declining prices, etc.  Well let me be a witness to you that the [...]

Some of you may have noticed that mortgage rates jumped up in the last few days as long term treasury yields began to rise.  Obama just doesn’t seem to understand that he can’t just wave his hand and the laws of economics will obey his voice.  Maybe he thinks the economy will obey him like [...]

It’s not my day to write today, but Thursday’s writer is a bit tied up for the time being, so in an effort to appease our readers, (all two of you) I thought I’d fill the white space with something that has been on my mind a lot recently.  Despite the dramatic slide in home [...]

Last week I was out of town in New York for work.  On Friday afternoon, after a long week, I grabbed a quick bite to eat at my hotel’s restaurant before heading to the airport.  While eating, I noticed a familiar face sitting two tables next to me.  I wasn’t sure but I thought I [...]

The day has finally arrived and it couldn’t have come soon enough.  While I may prefer another candidates political ideology, the awkward period between the election and inauguration made it difficult for any progress on any topic.  I wish President Obama the best and hope him success.  Here is my wish list in no particular [...]

I am taking a Managerial Economics class right now and we are studying about recessions. For a recent assignment, we looked at some of the key metrics of the economy dating back to 1967. The numbers we looked at were Real GDP, Unemployment Rate, and Housing Starts. Over the spread of the years we pulled [...]