How about that Real Estate Meltdown?

http://www.taipanfinancialnews.com -- The pundits are predicting "the coming mega-bust". "Hogwash," says J. Christoph Amberger in this week's episode of Amberger's Smackdown. The shakeout of mortgage lenders may not be over yet. But house sales have been picking up all over the East Coast. Read more about subprime lenders and the mortgage crunch in our daily coverage at http://www.taipanfinancialnews.com

Amberger's video recommendation:
Check out this Video, on a new green technology stock: http://www.youtube.com/watch?v=TQJQkxqueWI

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Category:

News & Politics

Tags:

• real
• estate
• crash
• mortgage
• sub-prime
• ARMs
• foreclosure
• default
• Immobilien
• Krise
• Blase

[julebuggy]

Not in Japan and Germany. Same will happen here.

[gitanacv]

This guy's English is about as good as his predictive abilities. He isn't Lereah's replacement is he?

[bexler53]

If he is not German I am not Dutch.

[killer2021]

I still think that the RE boom is going to collapse. The prices are already way over priced aside from the all the economic growth. Once the RE market turns south we sill all that economic growth vanish because the RE market and stock market are interlinked. When the RE market collapses so will the stock market - resulting in job loss.

[AgentGrn]

Prices are always stick on the downside ... but that doesn't necessarily mean that the market is anywhere near stable.

[papatoony]

This dude is obviously a realtor.

[GaryVolts]

Students of history know that periods of credit fuel growth are ALWAYS followed by equal sized periods of correction where the malinvestments of the previous period are liquidated. You can't directly compare unemployment rates from today to Carter era because the method by which that metric is calculated continues to be manipulated to look better.