- Philadelphia Business Journal - Mag says Phila. economy built to survive recession
- Risk of house prices falling in Phila., Pitt. low
- Blue Moon blog - Beginning Credit Solvency
- Countdown to Credit Normalcy - CNBC video
- Blue Moon blog - GOV'T TAKEOVER!
- Pimco's CEO Praises GSE Takeover - CNBC video
- ALERT! Freddie Mac Changes Investment Property Guidelines
- Rental market stays afloat amid housing turmoil
- What goes up, must come down, 4/24/08 FOX
- Home Prices Drop Most in Areas with Long Commute 4/21/08, NPR
- Sunny Side of the Street 4/16/08, WSJ
- Magic Johnson Raised $1B for Co-founded Urban Investment
What goes up, must come down, 4/24/08 FOX
04/24/2008
"U.S. median home prices have climbed steadily upward each decade for at least the last 40 years. In 1987, for example, the national median was $85,600. Ten years later, in 1997, the median was $126,000, and 20 years later, in 2007, the median was $219,000, according to the NAR. But home prices also experienced a severe downturn in the early 1990s and, most recently, a major boom in the mid-2000s."