“Stocks Up On Bargain Hunting”

 banking, investing, market  No Responses »
Oct 082008
 

What a strange headline! Stocks go up because of bargain hunters? When the stock market is down enough, people jump in to snap up barginas, and that makes the price go up, because the market IMMEDIATELY responds to the changed balance of supply and demand. That’s pretty neat. Check out what happens in real estate [...]

“The abundance of foreclosures has turned…

 foreclosure, investing, lending  2 Responses »
Mar 122008
 

“…into a snowball effect.” Karen Mann, a San Francisco Bay area appraiser, said this, and she is talking about home valuation for the purpose of refinancing. A whole article on BusinessWeek today talks about the glum and gloomy outlook for overleveraged home owners. After all, why would anyone want to refinance, if it wasn’t for the [...]