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Cheese-Free Real Estate Investing Blog Focused on Flipping Property in the NY/NJ Area


It’s a Housing Market Apocalypse If You Ask Chuck

I’ll post an update on the progress at my first flip in a couple days (things are going well and I’m all-set for an Oct. 1 open house) but, in the meantime, I had to share this article that I found in my inbox yesterday.  I’m not even a Charles Schwab customer, but I am somehow on their mailing list for articles such as this.  It is a lengthy discussion of the housing market’s influence on the overall economy interlaced with recommendations on how the current “hard landing” should influence your investment portfolio decisions.  I thought it was an interesting read.

Here is one of several charts from the article.  I’m still not sure if the last part of the blue line represents projected or actual data.

Schwab Chart



Comments

  1. Joey
    September 25th, 2006 | 11:01 am

    The last part is actual data…it is the housing market index, which has plummetted as of late.

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