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2009 Real Estate forecast isn’t good

In 2008, those in the subprime market saw their investments go down the drain. Next year may be even worse…
Until now, the nation’s most serious home price declines have been in low-cost markets that were dominated by subprime mortgages, and in overbuilt markets such as …

Commercial mortgage crisis still ahead?

The same bad debt and problems that brought about the residential mortgage crisis may soon bring about the commercial real estate bust.
Malls across the country are being forced into foreclosure, as well as hotels and other commercial properties.
A problem facing commercial mortgages is that, …