Jim Cramer, September 2007: Don’t you dare buy a home now. You will lose money. [Real estate agents complain, insist that real estate is regional, and there are some places where it is a good time to buy. Cramer responds…] Seattle, and 10005 are the only two. Maybe Montgomery County in Maryland. Three. That’s it….
Tag: predictions
Poll: NBER will declare the current recession to have ended sometime in 2009.
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 06.20.2009.
Poll: The biggest home price drops around Seattle…
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 06.06.2009.
Poll: Guess the maximum 1-month total closed SFH sales in King Co. for 2009
For reference, 2008’s maximum was 1,592 in June. Here’s the monthly chart since 2000: Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 05.23.2009.
An Overview of the Housing/Credit Crisis
A couple people forwarded me a link to a 116-page pdf titled An Overview of the Housing/Credit Crisis And Why There Is More Pain to Come that is worth checking out. Here’s a look at the table of contents: Overview of the Great Mortgage Bubble Causes of the Great Mortgage Bubble Consequences of the Bursting…