real estate bubble - Articles

Biggest Loser: Celebrity Home Edition

The "Great Recession" has been anything but great for most peoples' bottom line. According to the National Bankruptcy Research Center, over 1.5 million people have declared bankruptcy in 2010, while RealtyTrac reports that 1.05 million homes went into foreclosure the same year. Both of these rates are record high... Continue Reading »

Housing Crisis Bears Down on New York Town

The housing crisis isn't only hurting places like Las Vegas and central Florida -- the New York City suburb of Mount Vernon, N.Y., has been savaged as hard if not harder than many well-known trouble spots. David Schepp explains how this once-thriving working-class town has been hit hard by the ongoing real estate slump.... Continue Reading »

Is Queens, N.Y.'s Housing Market Headed for Collapse?

If you feel you got away too easily in the housing collapse, maybe you live in New York's Queens or on the outskirts of another big American city. Keith Jurow at the Real Estate Channel recently posted an interesting piece, teasingly titled "A Housing Price Collapse in Queens New York Is Almost Certain," in which he... Continue Reading »

Donald Trump's Foreclosed Condo Hotel in Fort Lauderdale Leaving Buyers in Legal Hell

Triple whammy down in Fort Lauderdale: Back in the boom, developers promised a $200-million high-rise with 298 luxury hotel suites and condo apartments priced from $500,000 to more than $1 million, PER UNIT. And whose name did they invoke to woo investors? None other than The Donald, whose Trump surname is akin to real... Continue Reading »

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