The Blog of Author Mark MacKenzie: It's The Housing Market, Stupid!

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Real Estate Broker/Owner

ARCHIVED BLOG POSTS

2008 

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I know this post won't make it into the "Positive News" group or be a "Featured Post" but I don't really care, we have a crisis on our hands and nobody is doing much to stem the crisis.  I am not going to pretend that this is not happening. And while I have been making jokes about Washington's sl...
11/20/2008
Just a couple of days ago I made a satirical post about a solution for the Big 3 automakers to get the money that they are asking Congress for. Here is the post:  http://activerain.com/blogsview/794114/How-to-solve-the-Detroit-automaker-crisis I suggested that they turn themselves into banks so t...
11/19/2008
I wish I can take credit for that headline but I can't. Malcolm Gladwell, the author of The Tipping Point (and a couple of other books), recently said this during an interview on CNN.com. "Success is a product of unusual opportunity". We are certainly in an "unusual opportunity" today. The point ...
11/19/2008
Today the National Association of REALTORS published their quarterly "Median Sales Price of Existing Single-Family Homes for Metropolitan Areas" report. The (old) news was indeed gloomy, but I also question it's relevance - as I have been for a while now. The report shows that the median home val...
11/18/2008
For those of you who don't know, Diana Olick is CNBC's housing correspondent and she also has her own blog on CNBC.com. She made a great post today about something that I have been talking about now for a while, housing affordability:  http://www.cnbc.com/id/15837671/ But it may not be what you t...
11/18/2008
The following blog post is satire, it is not intended as a real solution to the Detoit car maker crisis, although it is entirely possible that this is something that the Big 3 are considering. I have been reading and watching and listening, and then reading some more about the Detoit car maker cr...
11/17/2008
A couple weeks ago I had made a post about the possibilitythat we could be in the beginning stages of our own version of Japan's lost decade:  http://activerain.com/blogsview/771485/Is-This-Our-Lost-Decade This was a period of time in which Japan's stock market and housing market experienced "bub...
11/16/2008
Last night as I was about to sit down and watch my Boston Celtics lose to the Denver Nuggets, which was an accomplishment in and of itself, I remembered in a short instant that the shuttle was going launch at five of the hour. I darted into the room across the hall and grabbed our two sons, Jacks...
11/15/2008
Lenn Harley makes a great post about the bottom up appoach to solving this economic crisis - something I have been talking about for nearly a year - mostly to myself :)* * * * WARNING!  HARD CORE REAL ESTATE TALK * * * * Do "WE NEED MORE BAILOUTS?"  Jim Crawford asks that question in a thoughtful...
11/15/2008
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A couple of days ago I made a post about Hammering Hank Paulson The Secretary of Goldman Sachs, excuse me, Treasury, and his new direction with the TARP ($700 billion bailout) money:  http://activerain.com/blogsview/786299/Does-anybody-else-have-a-problem-with-this A direction that is a 180 degre...
11/15/2008
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