All Posts Tagged With: "wall street"

Condo Prices Fall in Manhattan! Harlem Sales Fall 76 Percent! End of the World as We Know it?

(post by Dee) According to Mortgage News Daily, Condo Prices are Falling Across Manhattan. Some city brokers will continue to live in denial. Good for them! Now some others (like yours truly) will be realistic and adjust in their business, telling clients/sellers “like it is” and focusing on areas that are still hot (industrial, multi-family [...]

4Dec2008 | | 0 comments | Continued

Time Inc Restructures Business as Profits Drop – Bad Real Estate News Are Bad for News!

(post by Dee) Time Inc, the news and media powerhouse that got the internet game right is feeling the burden of residential real estate market collapse… they are reorganizing big time. Read on. BUT how is that possible?! What does real estate and news have in common? Well, let’s examine!

Today’s economy really is more [...]

3Nov2008 | | 0 comments | Continued

Economic Crisis or Clean-up? President’s Scare Tactics Again!

(Post by BT) Crisis or clean-up? That’s the real question here. I think it’s more about a clean up. Unfortunately, I wasted my precious time to hear president Bush “speak to the nation” and the “American people” the other day, and it was all too familiar. I began to reminisce a time not too long [...]

16Oct2008 | | 1 comment | Continued

Unlock the Frozen Wall Street Credit - A $700-Billion Band-aid!

(post by BT) This is truly insane! Wall Street is NOT the US economy. “Paralyzed banking system”, “free up credit lines”… who gets this money? How is it going to be split up? The government needs a new agency - an economic business agency, ran by successful businessmen of this country, not some politician whose [...]

1Oct2008 | | 0 comments | Continued

Did Average Lehman Brothers’ Employee Really Make $322K? And What Does That Buy You in NYC?

(post by Dee) One part of the Lehman Brothers collapse, bankruptcy and sale that has been controversial is a stat published on the average income of Lehman Brothers’ employee salary: $332,000. How does a company going under pay so much to people that basically let it fail? Beats me!
So I decided to poke around [...]

19Sep2008 | | 0 comments | Continued

Will the Prices of Real Estate Go the Wall Street Way and Fall Even More?

(post by Dee) Everyone has the same question to ask? Will the prices of real estate fall even more, and if yes, in what markets, what properties, and how much? And what about other assets, like stocks and bonds? Wall Street meltdown of the past three days (Dow down 1000 points!!!) leaves everyone wandering: where [...]

18Sep2008 | | 0 comments | Continued

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