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Millionaire Now! by Larry Nusbaum

This blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth".

Real Estate News

Posted on 11/28/2006 06:20 AM | Link | Post Comment
What to Do in a Market That Is Headed for a Falloff
Rising mortgage rates and selloffs by skittish real-estate investors have helped depress housing prices. But there's another factor that many miss: the relationship between home prices and incomes.

Merger Helps Out Members Of Bankrupt Destination Club
The well-heeled folks who put up deposits of as much as $1.3 million to join the Tanner & Haley Resorts destination club, which filed for bankruptcy protection this summer, are being offered a consolation prize.

Fed's Fisher: 'Counterforces' ease housing woes: Dallas Fed Reserve president says falling oil and office property boom offset housing woes; satisfied with current 5.25 rate. (more)

Looking Ahead: NYC Housing Seems Fine from Urban Diggs
I always like to LOOK AHEAD and use all the available data to formulate an investment strategy. Sometimes I'm right and sometimes I'm wrong. But I'm always learning and I never bet the ranch on any of my gambles. What's happening right now and what signals are being displayed are leading me to think that housing, especially in NYC, will be just fine. With the fed on a PAUSE campaign for at least the forseeable future, with bond yields still predicting a coming recession via an inverted yield curve, and with equities surging to near record highs, what does it all mean? READ MORE
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