While I am not particularly optimistic about house prices in the U.S. nationally over the medium term, a recent Washington Post article suggests that prices in the Maryland suburbs of DC are not suffering like other jurisdictions around the country.
Bucking the Trend, Md. House Prices Edge Up
“Unlike their neighbors across the Potomac, home sellers in [...]

The bubble built in residential housing is quickly moving to commercial real estate. It stands to reason that commercial real estate should suffer if residential real estate does. Yet, those same financiers who brought us the housing bubble went into commercial real estate (CRE) loans en masse when things started to slow in [...]

Forbes just published a piece today that finds ten markets that are the worst in which to sell a home. Take a look.
Two weeks ago, they published a list of America’s riskiest markets (here).

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The banking crisis in the U.S. is taking on a significant turn for the worse as banks tighten the screws on consumers. With banks facing record writedowns to their equity capital, they are looking to limit their exposure to the mortgage market. The latest salvo in this battle is banks terminating unused lines [...]

Today Sen. Barack Obama outlined his most extensive policy response to the US’s growing financial crisis to date. His approach is very comprehensive in linking the mortgage meltdown to a larger problem of financial deregulation and oversight as well as a larger credit bubble.
Missing in most conventional approaches to the mortgage crisis is an [...]

The U.S. economy is in recession and the misery is deepening by the day. We need to ask ourselves what the heck we should do to get ourselves out of this economic mess. The answer will need to be rooted in a careful analysis of cause and effect. We need to know why we got [...]

As the housing bubble pops, one major casualty is likely to be state and local government property tax receipts. It appears that state and local governments recklessly spent the windfall revenue that they received during the boom times and have been caught out now that the boom has turned to bust.
Not a day goes [...]