foreclosures

Real Estate Trends: Martha’s Vineyard

In recent years, real estate has suffered major price setbacks due to foreclosures, and the supply overhang of foreclosed real estate. But the old adage of Real Estate value, Location, Location, Location still applies. Today we will look at Real Estate in one of the prime locations in the U.S.: Martha’s Vineyard. Real Estate Trends: Martha’s […]

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Subprime’s New Song: The Worst Is Yet To Come

With the subprime mortgage problems reaching farther and farther out… touching hedge funds, U.S. and European banks, mortgage companies and money-market funds, at the risk of mixing musical metaphors and styles, it looks more like we’re about to see “The Dark Side of the Moon,” (the title of Pink Floyd’s 1973 smash album) when it comes to financial markets.

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