Feb 23rd 2011 4:11PM
I've always been fond of news stories that are neither new nor particularly unknown, like when some local TV station runs a human-interest story on some local teen who organized a charity drive three months ago. They're cute! And they're no less cute when the Wall Street Journal runs such stories, as it did recently,... Continue Reading »
Feb 10th 2011 9:39AM
We've been hearing the drill for a while now: Home prices are down, having dropped 2.6 percent nationwide during the last three months of 2010. Foreclosures keep coming as if they were on an assembly line. In Phoenix, it is estimated that as many as 70 percent of homeowners are underwater on their loans. The story is not... Continue Reading »
Jul 9th 2010 1:57PM
It's not just the laid-off industrial worker or the owner of the rundown shanty that's tumbling toward foreclosure or struggling to stay current on their home mortgage. Contrary to common stereotypes, the current housing crisis is plaguing the so-called rich harder than the common man. One in seven homes with loans of $1... Continue Reading »
