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Mike Colpitts is the Editor of Housing Predictor.com, an independent web site, which forecasts more than 250 local housing markets in all 50 U.S. states and real estate news. Housing Predictor has a staff of researchers, economists and computer experts who regularly update news, including its opinion "Predictor Polls" on the real estate industry.
SHARE Friday, August 28, 2009 Housing's Big Problem
The real estate market is the nation's # 1 problem in the financial crisis, and at its root is the foreclosure epidemic. Behind the scenes in Washington, D.C. the government is orchestrating moves to fix housing.
SHARE Tuesday, June 23, 2009 Congress Cashes-In in Real Estate Bust
The repeal of the Glass-Steagall law that gave bankers the right to weaken the economy and real estate and set in motion the series of failures leading to the economic recession netted Congress more than $350-million.
The crisis could send the nation into the worst economic calamity in history.
SHARE Sunday, April 12, 2009 10 Signs to the Bottom of Real Estate Markets
The bottom to the housing market may be closer than you might think. Here are the 10 signs to the bottom of real estate markets to watch for in your city or town.
SHARE Tuesday, February 24, 2009 Foreclosure Forecast Worsens with New Plan
Political wrangling in Washington to slow the epidemic of foreclosures leaves a flood gate of problems that will send the U.S. into further economic chaos, and increase the number of foreclosures.
The housing crisis affects all of us in more ways than you might think. More than 4-million homes have already been foreclosed.
(3 comments) SHARE Monday, January 12, 2009 Real Estate in Economic Cross Hairs
As the nation's economy falls deeper into recession, the new administration will have to take on the issue at the core of the problem, falling housing prices.
SHARE Saturday, October 4, 2008 Throw the Bums out
In approving the sweeping $850-billion bailout Congress went against the will of the majority. But the plan fails to provide direction to solve the core problem of the financial crisis -- the foreclosure epidemic, which has sent the economy on a southern spiral.
SHARE Sunday, March 23, 2008 Meltdown on Main Street
Deregulation and loose lending led to the real estate crisis, which has exploded in the nation's economic nightmare. The meltdown is hitting Main Street U.S.A.
SHARE Tuesday, February 26, 2008 Real Estate Foreclosures Forecast to Double
Hammered by the credit crisis, the U.S. real estate market is forecast to see foreclosures double in the next few years sending the economy into a worsening crisis.
(4 comments) SHARE Tuesday, January 22, 2008 Watch Out for The Depression
Foreclosures have already reached all-time record highs and not just from subprime loans. The crisis has spread into conventional mortgages and threatens to produce a major U.S. Depression.
SHARE Sunday, January 20, 2008 Worst Real Estate Market Forecasts in 2008
California dominates the Annual Housing Predictor Worst 25 Real Estate Market Forecasts, but many other states real estate markets are also suffering from double digit housing price deflation to make the list.
(7 comments) SHARE Thursday, January 17, 2008 Foreclosure Crisis Worsens
America's foreclosure crisis is worsening as millions of home owners lose their homes in what has developed into the worst U.S. financial disaster since the Great Depression.