Is housing glut over? Experts predict housing shortage by spring in Arizona

http://platform.twitter.com/widgets/hub.1326407570.html Real estate experts predict the Phoenix area years-long housing glut is reaching its end and, as early as this spring, could stun home buyers by transforming into a shortage. The crunch is expected to… Read More →

Asking Price for NYC Penthouse jumps to record $110M

The developer of One57, slated to become New York City’s tallest residential building, raised the asking price for the six-bedroom penthouse overlooking Central Park by 12 percent, to $110 million. The previous price… Read More →

Incredible Analogy: Understanding The US Mortgage Disaster

Not sure of the author, but this is a perfect analogy that, in my mind, clearly sheds light on the disaster that is the US Mortgage Market. IMAGINE:   Heidi owns a bar in… Read More →