What a fantastic job by Wallstats.com (a very interesting and informative site) visually describing the events leading up to the current financial crisis:
Entries from November 2008
A Visual Guide to the Financial Crisis by WallStats.com
November 25th, 2008 · No Comments
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On the Bailout Request by Homebuilders
November 24th, 2008 · 1 Comment
Today’s Wall Street Journal article “Builders Make Plea for Federal Aid” by Nick Timiraos reports:
“The builders’ lobby is ramping up its sales pitch for a $250 billion stimulus package called “Fix Housing First,” arguing that financial markets won’t recover until home prices stop falling. They are calling for a generous tax credit for home purchases [...]
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Website With Free Calculators For Almost Anything
November 14th, 2008 · No Comments
Okay, maybe “almost anything” is a stretch. Still, this site does offer a ton of free calculators for dozens of personal and small business financial situations: http://www.finance.cch.com/tools/calcs.asp
I’ve tested a few of the calculators and they seem accurate, but I can’t offer any guarantees about them or about the website’s publisher: CCH*. I learned about the [...]
Tags: financial affairs
Interactive Map Showing Where Homes Are Worth Less Than the Mortgage
November 11th, 2008 · 1 Comment
The New York Times website has in interactive map that shows where homes across the US are worth less than the mortgage debt.
Click on the map’s upper-left to view on a state-by-state basis:
(1) the percent of homes with negative equity;
(2) the number of homes with negative equity; and
(3) ratio of mortgage debt to property value
A [...]
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