Category: Real Estate
By Larry Doyle on Aug 14, 2009 in Economy, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Real Estate, Sense on Cents (Larry Doyle blog) | 46 Comments
Can we truly expect our economy to return to LONG-TERM health if the housing market remains under severe pressure? I think not. While Wall Street rebounds, Main Street continues to lose value. How so? Home foreclosures continue to run at breakneck speed.
Bloomberg reports, U.S. Foreclosure Filings Set Third Record-High in Five Months:
Foreclosure filings in the [...]
By Larry Doyle on Jul 15, 2009 in Current Affairs, Economy, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Real Estate, Sense on Cents (Larry Doyle blog) | 36 Comments
I guess this woman wasn’t too far off in her prophetic statement last Fall:
Is Barack Obama about to move into the rental market and become the largest single landlord in the process?
Hat tip to AK for pointing out this developing story. Reuters reports, Obama Mulls Rental Option for Some Homeowners:
U.S. government officials are weighing [...]
By John Batchelor on Apr 16, 2009 in American Consumers, Banking Institutions, Economy, Housing & Housing Crisis, Real Estate | 11 Comments
Calculated Risk’s choice California Jim the Realtor posts today a surprising positive indication in Chula Vista, California.
By Larry Doyle on Mar 27, 2009 in American Consumers, Bank Nationalization, Banking Institutions, Economy, FDIC, Mortgage Crisis, Real Estate, Sense on Cents (Larry Doyle blog), Tim Geithner, Wall Street | 12 Comments
The other day, I provided a cursory overview of the details embedded in the recently proposed Public-Private Investment Partnership, Will Banks Truly Sell these Toxic Assets?
The main point I tried to highlight in that piece was the need for true price discovery for these toxic assets. A loyal reader provided tremendous insight in highlighting that [...]
By Larry Doyle on Mar 20, 2009 in American Consumers, Banking Institutions, Commerce, Current Affairs, Economy, Education, Mortgages, Real Estate, Sense on Cents (Larry Doyle blog) | 8 Comments
Sense on Cents is very judicious in selecting our Economic All-Stars (highlighted in the left sidebar of Sense on Cents). These individuals continually display a level of professionalism, maturity, consistency, and integrity which are not commonly found in our financial or political spectrum. I deeply appreciate their insights and perspectives and enjoy sharing them with [...]
By Larry Doyle on Mar 12, 2009 in American Consumers, Current Affairs, Economic Stimulus, Economy, Employment, Equity Markets, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Real Estate, Sense on Cents (Larry Doyle blog), Stimulus Plan, Wall Street | 20 Comments
***Cross-posted from my blog, Sense on Cents. Come by and visit!
At the core of most, if not all, of our economic problems lies housing. I do not need to replay the tape of low rates, shoddy underwriting, and Wall Street securitizations that all played a dramatic role in creating a bubble the likes of which [...]
By Larry Doyle on Mar 10, 2009 in American Consumers, Banking Institutions, Barack Obama, Economy, FDIC, Home Loan, Housing & Housing Crisis, Mortgages, Real Estate, Sense on Cents (Larry Doyle blog), Wall Street | 7 Comments
Editor’s Note: Stay tuned for a new story on Sheila Bair tomorrow morning.
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I thoroughly respect Sheila Bair. Our Head of the FDIC has been an honest broker each and every time I have heard her speak. I looked [...]
By Larry Doyle on Mar 1, 2009 in American Consumers, Banking Institutions, Barack Obama, Commerce, Congress (House & Senate), Current Affairs, Deficit, Democratic Party, Economic Stimulus, Economy, Employment, Equity Markets, Global Finance, Hedge Funds, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Obama Administration, Real Estate, Republicans, Sense on Cents (Larry Doyle blog), Stimulus Plan, Unemployment, Wall Street | 13 Comments
Prior to going to the comments section of my son’s report card, human nature dictates that I first look at the grades. In that same vein, let’s see how the markets performed for the month of February:
Let’s review my specific projections from the January 2009 Recap:
By Larry Doyle on Feb 27, 2009 in American Consumers, Commerce, Current Affairs, Democratic Party, Economy, Employment, Equity Markets, Joe Biden, Mortgage Crisis, Real Estate, Unemployment, Wall Street | 65 Comments
Economic and budgetary analysis by their very nature often employ a “ceteris paribus” approach or similarly base line assumptions. Ceteris paribus, translated as “all other things being equal,” or base line assumptions are necessary given the fact that economic analysis has so many variables. Well, let me share with you that ceteris are NEVER paribus [...]
By Larry Doyle on Feb 22, 2009 in American Consumers, Banking Institutions, Commerce, Current Affairs, Economic Stimulus, Economy, Employment, Real Estate, Unemployment, Wall Street | 13 Comments
Football fans know that ball control and time management are two very critical factors in determining outcome. While a coach may at times “go deep” in order to catch the opponent off guard, victory is determined by the hard work in the trenches and grinding out first downs.
I know of no team that has [...]
By Larry Doyle on Feb 7, 2009 in American Consumers, Bank Nationalization, Banking Institutions, Credit Card Companies, Current Affairs, Earmarks, Economic Stimulus, Economy, Housing & Housing Crisis, Mortgage Crisis, Real Estate, Tax stimulus package | 56 Comments
We will have our regularly scheduled 9:00 a.m. Saturday departure from Central Station.
The tracks remain steeply sloped with many curves along the way. With all eyes and ears and hearts focused on the wide range of developments in the economy, the markets, and the world of global finance we have added a few extra [...]
By SusanUnPC on Feb 6, 2009 in American Consumers, Economic Stimulus, Economy, Housing & Housing Crisis, Real Estate, Republicans | 24 Comments
The Fox All-Star panel on Special Report with Bret Baier speak out on Obama’s woes with his stimulus package.
ALSO: Republicans are arguing the the economic crisis began with housing, so the effort to overcome the crisis should start in the same place — housing.
By NoQuarterLive on Jan 25, 2009 in American Consumers, Banking Institutions, Economic Stimulus, Economy, Hank Paulson, Home Loan, Housing & Housing Crisis, NoQuarter Radio, Open Thread, Real Estate, SEC, Tim Geithner | 17 Comments
Program concluded & promo bumped back … Afterwards, the archived show is up at BlogTalkRadio or via iTunes/iPod (see our instructions in the right column under No Quarter Radio).)
Join us in 10 minutes for LD’s weekly radio show tonight at 8:00 p.m. ET to 9:00 p.m. ET. We’ll discuss a wide array of financial and [...]
By Larry Doyle on Jan 18, 2009 in American Consumers, Auto Industry, Banking Institutions, Ben Bernanke, Current Affairs, Economic Stimulus, Economy, Hank Paulson, Obama Administration, Obama's Cabinet, Real Estate, Retail Businesses, TARP, Tax stimulus package, Unemployment, Workers | 35 Comments
(bumped up by Susan || Larry’s latest radio show will be available via BlogTalkRadio and through subscription to iTunes [see our instructions in the right column, down about a screen], which you can download to your iPod.)
It was only a matter of time before the losses embedded in our banking system caught up and surpassed [...]
By Larry Doyle on Jan 17, 2009 in American Consumers, Auto Industry, Banking Institutions, Bernie Madoff, Credit Card Companies, Current Affairs, Earmarks, Economic Stimulus, Economy, Infrastructure, Insurance Policies & Industry, Real Estate, Retail Businesses | 38 Comments
The station is filling up as the weather outside is getting very blustery.
The markets and economy remain turbulent. Economies overseas are also in the midst of stormy weather.
Banks are flooded with bad loans. The auto industry is praying for an Obama lifeline!
Residential housing and commercial real estate continue to take on water.
Where [...]
By Larry Doyle on Nov 11, 2008 in American Consumers, Banking Institutions, Barack Obama, China, Credit Card Companies, Current Affairs, Dubai, Economic Stimulus, Economy, Mortgage Crisis, Real Estate, Retail Businesses, Workers | 49 Comments
I will admit that, given the current dynamics at work in the economy and the markets, I have become somewhat numbed as to the magnitude of some of the developments. Many of the highlights that I will offer from yesterday’s news would be enormous stories in and of themselves. Taken collectively, they do become overwhelming [...]
By Truthteller on Oct 18, 2008 in Allison Davis, Barack Obama, Chicago, Chicago Mansion, Chicago politics, Corruption, Michelle Obama, Patrick Fitzgerald, Real Estate, Richard Daley, Tony Rezko | 198 Comments
No Quarter introduced readers to the Mutual Bank in Chicago after a Chicago Sun-Times columnist mentioned how a certain financial institution in Chicago would become the subject of a federal probe to be conducted by Fitzgerald’s prosecutors in relation to the conviction of Antoin “Tony” Rezko. Although I cautioned I did not have conclusive [...]
By Truthteller on Oct 12, 2008 in Alexi Giannoulias, Allison Davis, Barack Obama, Bloggers, Campaigns & Campaign Financing, Chicago, Chicago Mansion, Chicago politics, Corruption, Crime, FBI, Fund Raising, Home Loan, Illinois senate, Obama, Obama's Thugs, Patrick Fitzgerald, Real Estate, Richard Daley, Tony Rezko | 153 Comments
**********Truthteller asks bloggers and reporters to direct their attention to Amrish Mahajan and the Mutual Bank of Harvey.**********
Mike Robinson’s AP article entitled “Obama Fundraiser, Convicted of Fraud, Spills Beans,” corroborates what we at No Quarter have been writing for weeks: Antoin “Tony” Rezko is cooperating with federal prosecutors interested in Barack Obama. While the [...]
By American Girl in Italy on Oct 8, 2008 in ACORN, Annenberg Chicago Challenge, Ayers, Backtrack Obama, Bamboozling, Barack Obama, Bill Ayers, Chicago, Chicago Mansion, Chicago School Reform Collaborative, Chicago politics, Christopher Dodd, Congressional Black Caucus, Corruption, Crime, Domestic Terrorist, Emil Jones, Farakkhan, Father Michael Pfleger, Foreign Policy, Frank Marshall Davis, Franklin Raines, Hoodwinking, Housing & Housing Crisis, Illinois senate, Khalid al-Mansour, Louis Farrakhan, Media, Media Bias, Media Handling of Story, Michelle Obama, Minister Louis Farrakhan, Nation of Islam, Obama's Thugs, Race, Race Card, Racism, Rashid Khalidi, Real Estate, Rev. James Meeks, Rev. Jeremiah Wright Jr., Rev. Michael Pfleger, Terrorism, Weather Underground, William Ayers | 224 Comments
But sadly, too many people choose to ignore it, or accept it, or just call you a racist for noticing it. But the pattern is there. It begins like this:
Obama has a friend or associate that is questionable.
Video or articles surface of Obama thanking them, supporting them, writing a blurb for their book, organizing events [...]
By Truthteller on Sep 29, 2008 in Barack Obama, Chicago, Chicago Mansion, Chicago politics, Corruption, Crime, Emil Jones, Fund Raising, Illinois senate, Obama's Thugs, Patrick Fitzgerald, Real Estate, Tony Rezko | 162 Comments
No Quarter reproduced Rezko’s letter to Judge Amy St. Eve dated 9 JUN 2008 in an essay I published on 12 JUN 2008. I quote Antoin “Tony” Rezko:
Your Honor, the prosecutors have been overzealous in pursuing a crime that never happened. They are pressuring me to tell them the “wrong” things that I supposedly [...]