RECENT BLOG POSTS
The Federal Reserve Bank, the "Fed" and its policy makers meet to announce/decide whether or not to lower key interest rates and more importantly, offer a glimpse into the future interest rate cut decisions by sharing their views of the US economy. According to several sources , Most investors be...
10/07/2008
The misery worsened on Wall Street Tuesday,  bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector. Dow Plunges Over 500 as S&P 500 Hits 5-Year Low- AP The Dow lost more than 500 points and all the ...
10/07/2008
Nearly six out of ten Americans believe another economic depression is likely, according to a poll released Monday. The CNN/Opinion Research Corp. poll,  cited common measures of the economic pain of the 1930s: 25% unemployment rate; widespread bank failures; and millions of Americans homeless an...
10/06/2008
The Federal Reserve will provide as much as $900 billion in cash loans to squeezed banks in an urgent effort Monday. The Fed's action is aimed at spurring spooked financial institutions. Even as the Fed pledged to take "additional measures as necessary" to battle the worst credit crisis in decade...
10/06/2008
We all know that real estate values are pale shadows of their former selves. We also know that in some areas, home prices are actually quite robust. But what may come as a surprise to many readers is that these weak and strong markets can often co-exist within the same Metro Area. Take Boston. In...
10/06/2008
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Even in the fastest-selling Zip Codes in the country, that trend is repeated over and over again. Nothing is selling as fast as it once did as buyers hold off, waiting for prices to drop even more. In some areas the median days on the market have extended beyond weeks into several months. In fact...
10/06/2008
The FED needs to Lower Interest Rates.Until today's 500 point drop on Wall Street and the untimely demise of Lehman Brothers, a rate cut was not on the table for a discussion. Now , an interest rate cut has emerged as a possibility as the Fed prepares to meet Tuesday against a backdrop of histori...
10/06/2008
I guess the good news, the half glass full of the stock market collapse is that Oil prices sunk below $90 a barrel Monday for the first time in eight months, Crude's decline accelerated for a fourth day as investors appeared to give up hope that the government's $700 billion rescue plan would pro...
10/06/2008
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The Dow Jones industrials skidded more than 700 points and fell below 10,000 for the first time in four years. BREAKIND NEWS: Stock market is down 755+ points Investors around the world have come to the sobering realization that the Bush administration's $700 billion rescue plan won't work quickl...
10/06/2008
Glendale Lender Owned - 5419 W Range Mule DR 5419 W Range Mule DR Glendale, AZ, 85310 - $301,000 4 Bedrooms/ 3.5 Bathrooms 2810 Square Feet Sandra Day O'Connor High School Private Community Huge Lot built in 2005 Lender Owned REO - not a Short Sale bank owned real estate Listing Courtesy of  Libe...
09/29/2008
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Daniel Wexler

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