U.S. Mortgage Crisis to get MUCH Worse in 2011
June 17, 2010 by Editor · Leave a Comment
The so-called U.S. news outlets are again talking about a “bottom” in the U.S. housing market – and trying to entice more victims to jump in. However, the reality is that mortgage statistics show that the collapse in the U.S. real estate market will continue to get worse until at least 2011. Words: 492
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House Prices to Decline Further With Forthcoming Dramatic Increase in Foreclosures
May 15, 2010 by Editor · Leave a Comment
If you think home prices have hit bottom and are now headed back up for good, think again! Round two is about to begin. Words: 552
Ever Increasing Foreclosures Mean Low House Prices for Many More Years
April 20, 2010 by Editor · Leave a Comment
Anyone who sees a rising pool of millions of delinquent mortgages as the foundation of a recovery in housing valuations isn’t considering the feedback loop which is now firmly in place. The foreclosure pipeline will be full for years to come precluding any “recovery” in housing valuations as supply will swamp demand. Words: 385
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Quinn: Gold Going to $1500, Silver to $20 and Oil to $100 This Year
March 15, 2010 by Editor · Leave a Comment
Here are [6 of my 11] my prognostications in the areas of the economy, domestic politics, global geopolitics, and the investment markets: The US Dollar will fall to record low; house prices will fall a further 10%; interest rates will rise; unemployment rate will rise to 11%; oil prices will exceed $100; the stock market will drop 30%. Let’s hope I’m wrong! Words: 681
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Buying Tax Liens on Foreclosed Houses can Generate 16% Returns
February 1, 2010 by Editor · Leave a Comment
Tax lien buyers can earn up to 16 percent annually if they acquire good liens. Lenders typically pay up all the unpaid taxes on properties they foreclose upon, so lien holders can expect immediate returns on their lien investments. Words: 298
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Some Predictions and Investment Advice for 2010
January 21, 2010 by Editor · Leave a Comment
The economy has many issues, and any missteps by the Fed could result in either catastrophic inflation or a double dip recession. The politicians understand the relationship between jobs and re-election, and are desperately trying to get the former moving before September, when most voters will have made up their minds. Words: 1423
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Payment Option ARM Resets to Explode with Devastating Consequences
January 19, 2010 by Editor · Leave a Comment
The next phase of the real estate disaster is upon us. It’s just shifted from subprime to Option ARM and with many economists predicting unemployment will stay in the double digits, foreclosures will only accelerate, which will add to bank losses, which will add pressure to the financial system and broader economy. Words: 547
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