This image is from a New York Times article about the former real estate bubble in Cape Coral, Florida. I think it speaks for itself.
Archive for the 'Real Estate' Category
The Office of Thrift Supervision tells Florida’s largest financial institution, $14 billion BankUnited of Coral Gables, to find a buyer to raise its depleted capital to acceptable levels or risk a government takeover. (Zero Hedge)
Two more bank failures; will real estate continue to plunge for two more years as banks withhold foreclosed homes to prop sales? (Gold Versus Paper)
First, The Financial Ninja says the commercial real estate index could come crashing down. Take a look.
I still am short real estate via SRS.

Recent Comments