Right now I’m up in Bend Oregon looking at potential real estate investment properties. I drove up here from San Francisco last Friday and will be here until the 28th. Oregon has really boomed (especially Bend) over the past several years and it shows. I remember coming up here years ago and seeing single family [...]
I received a phone call today from a couple who was driving around last weekend and just happen to come upon an open house. It was their dream home and it had everything they could ever want in a home. Pool, bonus room, and huge walk-in closets made it easy for them to decide it [...]
With the recent slowdown in the housing market, several nationwide homebuilders having been feeling the hurt. Make no mistake about it, residential home construction is no easy business. In 2006, sales fell 17% and builders are still struggling with current inventory levels.
Some business leaders find it difficult to call it like it is. D.R. Horton’s [...]
Yesterday, Federal Reserve Bank President Janet Yellen spoke to the Sillicon Valley Leadership Group and said the current slowdown in the U.S. housing sector has the potential to cause recession in the world’s largest economy.
“If there is one development to worry about the potential of recession it will be housing,” said Yellen.
She said, however, [...]
