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Zillow: Another $1.7 Trillion to the Downside in Housing
My pal Charlie is as persistent as the sunrise. So when he called me last week to give me a hard time about my 2011 Housing Market Forecast the only surprise was...
Case-Shiller Index Screams Housing Double Dip
Just when you thought the real estate market was showing signs of a recovery, reality rears its ugly head. According to the latest figures from the Case-Shiller...
Deere’s Target, Estimates Boosted at Jefferies & Co. (DE)
Construction and farm equipment maker Deere & Company ( DE ) on Thursday saw its price target and earnings estimates raised by analysts at Jefferies &...
Guidelines Tighten Again For FHA Loans
I was talking to one of my mortgage pals last week and it was all I could do talk him in off the ledge. You see, he’s big FHA lender and the guideline changes...
Warren Buffett: Thanks for Saving My Money
From our newly minted Wealth Wire: Wow… just wow. First, this billionaire defends rating agencies . And now he’s thanking the government for taking...
Home Depot’s Profit Rises 21%, Beating Estimates
Filed under: Earnings Reports , Forecasts , Home Depot (HD) , Housing Home Depot’s ( HD ) third-quarter earnings came in 21% higher than the same period last...
China Boosts Canada’s Timber Industry
The housing crisis seemed to affect everything. It certainly hurt Canada’s timber export to the United States. In 2005, when U.S. housing starts peaked at...
Zandi: Expect 8% Home Price Declines
The bottom in housing is nowhere in sight… From CNNMoney by Les Christie entitled: Homes prices expected to slide another 8% “ The robo-signing controversy...
Bill Black: Fire Holder, Geithner and Bernanke
Easy money, speculation and fraud, you can’t have a bubble without all three. Lately, it’s the fraud that has stolen the spotlight. That’s where...
Why Rich People are Living in Tents
This week is “Winter Awareness Week” in North Dakota. Some of the precautions the North Dakota Department of Emergency Services recommends to prepare...
Banana Republic Chronicles: Mozilo Gets a Slap on the Wrist
Whoever said crime doesn’t pay must never have met Angelo Mozilo… A wolf in wolves’ clothing, Mozilo reportedly made $500 million at the peak...
Geithner’s Comments Oddly Support USD
Treasury Secretary Geithner’s comment helped the sagging USD recover some lost ground during today’s Asian session although the greenback still remains...
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