Housing

Penny Stock Infrastructure Companies

Sep 26th, 2007 | By Jim Nelson | Category: Housing
As everyone knows by now, the housing market is in a bad state. The NAHB/Wells Fargo Housing Market Index (HMI) is hitting new lows every month: That’s not the story… What people are simply forgetting, as they always do, is that not everything in the “construction” sector is housing related. In fact, ...read more


Military Protection of Commodities

Jul 13th, 2007 | By Christopher Hancock | Category: Commodities, Housing, International, Options
Russia's Parliament has given gas giant Gazprom the right to form armed units to patrol the country's oil and gas pipelines. Imagine that… A private company sports it's own private military. The law, backed by 341 deputies in the 450-seat State Duma (the lower house of the Russian Parliament), gives the two ...read more


Investing in the Declining Real Estate Market

May 29th, 2007 | By Penny Sleuth Contributor | Category: Housing
En masse, March 13, 2007, terrified investors plunged the major indices into red as the Mortgage Bankers Association (MBA) released its most unflattering report on mortgage delinquencies. Solely on fears that heavy delinquencies would destabilize the U.S. economy, the Dow Jones Industrial Average plunged 242.66 points, or 1.97%. The S&P ...read more


The Declining Housing Market

Mar 27th, 2007 | By Penny Sleuth Contributor | Category: Housing
Investors really believe it's time to bottom fish subprime and Alt-A stocks, to which I respond, "Are you kidding me?" Unless you're a big fan of flushing money, do not buy subprime or Alt-A-related stocks. There is no bottom yet. And we're not likely to see improving housing conditions until spring ...read more


The Declining Housing Lenders Market

Mar 6th, 2007 | By Penny Sleuth Contributor | Category: Housing
Delinquencies and foreclosures have already led 31 subprime companies down the toilet. And it'll soon be 32, should things get any worse for the likes of New Century Financial (NEW: NYSE). New Century Financial traded above $30 just weeks ago. It now trades under $6. Not only did NEW just ...read more


Investing in the Declining Lending Market

Feb 20th, 2007 | By Penny Sleuth Contributor | Category: Housing
Truth be told, when it comes to an "improving" housing market, do yourself a big favor. Ignore the mainstream press and Wall Street hotshots that would have you believing in a housing bottom, or the illusion of priced-in-lending weakness. We're still not nearing a housing bottom, or an improving lending ...read more


Foreign Real Estate Markets

Jan 26th, 2007 | By Christopher Hancock | Category: Housing, Pink sheet stocks
This past week, a 77-square-foot London flat sans electricity hit the market for $335,000. Apparently, the rather intimate proximity to Harrods and Hyde Park will reap an impressive $4,350 per square foot. So in case you desire something more generous than a glorified walk-in closet, say, a 500-square-foot studio, perhaps, be ...read more


Invest in the Government’s Best-Kept Real Estate Secret

Sep 22nd, 2006 | By Penny Sleuth Contributor | Category: Housing, Investing Strategies
Residents of a posh Tampa Bay, Fla., community thought they lived in a quiet, well-managed property...until February 2006. That’s when they found out they don’t actually own part of the land in their residential development.  Worse still, they owed taxes on the land. According to the Dallas Morning News, “Many of ...read more


Rich Man, Poor Man

Aug 14th, 2006 | By Greg Guenthner | Category: Housing, Investing Strategies, Macroeconomics
With the shutdown of the Trans-Alaska Pipeline, gasoline is not only expensive, but could soon be in short supply if you happen to live out west. How did that drill go again back in ‘73? I think it was the odd-numbered license plates that were allowed to purchase gas only on ...read more


The Slowdown is Just Beginning

Jul 31st, 2006 | By Greg Guenthner | Category: Housing
No matter how hard some people try, they can’t seem to float this housing bubble anymore. “Sales of previously owned homes in the United States fell in June for the eighth time in the past 10 months, reflecting a continued slowdown in the housing market, according to a report released today ...read more