Monthly Archives: June 2011

It’s About Time! Prices Rise Says Case-Shiller!

Posted on June 28, 2011 by Tim Freund

In 2006 Robert Shiller made a bold statement.  He said prices could drop 20% or more when the housing bubble burst.  At the time I thought he was a blow-hard lunatic.  The market showed no signs of slowing and demand … Continue reading →

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Lions and Tiger and Bears, Oh My!

Posted on June 23, 2011 by Tim Freund

Fed chairman Bernanke’s assessment yesterday for continued slow growth was not what the doctor ordered.  Clearly the economy is getting better, but at a projected 3% growth, not nearly fast enough to help the millions of un- and under employed.  … Continue reading →

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Foreclosures Plummet! but…

Posted on June 16, 2011 by Tim Freund

Foreclosures plummeted 33% nationwide from a year ago according to Irvine based RealtyTrac.  In Ventura County that number declined 18%.  Most economists believe this reflects a slower process from the banks rather than an easing of distressed sellers.  I personally … Continue reading →

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Looking For and Finding The Silver Lining

Posted on June 14, 2011 by Tim Freund

“I sound like a broken record”, my mother used to complain when I was growing up, and  I am feeling this way myself since I must be the only one reading these economic reports in their entirety and gleaning the … Continue reading →

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Freddie, Fannie, Let My People Go!

Posted on June 5, 2011 by Tim Freund

My friend Paul and I are sitting on a park bench when Paul tells me his story… “I’m upside down on my mortgage”, he says, meaning his house is worth less than what he owes on his mortgage.  “My current … Continue reading →

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Swimming Up Stream

Posted on June 1, 2011 by Tim Freund

Two men and a woman have to cross a raging river.  If they try to cross, they will surely perish.  Suddenly a voice from heaven says “I will grant you each one wish”.  The first guy says, “Give me the … Continue reading →

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