Making an investment in real estate isn’t what it used to be. Remember that old saying, “the value will only go up?” Well, we all know now that it was a bunch of bunk and …
‘Real Estate’ Archive
Invest in real estate? No way. How about sandwiches in a can?
by Laura Huchzermeyer, July 8, 2010, 12:36 pmReal Estate Makes a Comeback
by Patrice Sarath, February 23, 2010, 2:58 pmSo what’s going on in the housing market, you ask? Let’s take a look. There’s actually plenty of good news. No, really, we don’t have to use air quotes or anything. According to The National Association …
Great Mall of China isn’t so great
by Laura Huchzermeyer, August 20, 2009, 12:06 pmThe South China Mall in Dongguan, China sounds good on paper. The holder of the title “World’s Largest Mall” is more than twice the size of the previous record holders, Mall of America in …
From flips to flops: Real estate TV follows the market bubble
by Laura Huchzermeyer, July 22, 2009, 10:07 amJust a few years ago we were all watching reality TV shows aimed at teaching us how to flip houses. It was the housing boom and it was fun to watch people buy cheap, ugly houses, slather on some …
Finding comedy in the business world: Annual reports poke fun at doom and gloom
by Laura Huchzermeyer, May 28, 2009, 9:42 amDuring financial report filing season, we editors at Hoover’s spend our days pouring over all those often dull, tedious, and downright depressing documents so you don’t have to.
It’s rare to find a bright spot among all the doom and gloom these days. And humor among those 10-Ks, …
Scenes from the economic downturn
by Jeff Dorsch, March 16, 2009, 1:05 pmLike the “Hooverville” shanty towns of the Great Depression, the homeless encampment along the American River in Sacramento, California, is becoming a national symbol of the financial meltdown and the recession, and the consequences for ordinary people. There are no multibillion-dollar …
Good-bye, Dubai
by Patrice Sarath, February 12, 2009, 4:14 pmThe worldwide economic crisis has reached Dubai.
Dubai, the financial center of the Middle East, known for its wealth, its fabulous lifestyle, and the artificial islands called The Palms, has been hit hard by the worldwide economic crisis. Foreigners who flocked to the city, …
Are breadlines in our future?
by Patrice Sarath, January 27, 2009, 10:22 amIs the current recession as bad as the Great Depression?
When economists finally admitted we were in a recession according to standard indicators, the punditry started.
Is it as bad as the Great Depression? What is the same? What’s different?
The stories from the Great Depression …
Feds step up mortgage fraud investigations
by Patrice Sarath, October 20, 2008, 7:00 amThe Department of Justice is investigating 151 mortgage fraud cases according to research from Transactional Records Access Clearinghouse at Syracuse University. If this seems a paltry number, well it is. It’s hard to believe that there have been so few cases …
