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economic crisis

The Commercial Real Estate Kaboom


Posted by Resource Launch Staff on 22 Nov 2009 / 0 Comment
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Commercial Real Estate is on shaky ground these days thanks to the credit bubble.  The trend is going to be similar to the housing crisis that really awakened America in a hurry. The value of commercial real estate in falling and the amount of commercial real estate loans are looking bad. This issue could really [...]

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Short Sales for homeowners who need help


Posted by Resource Launch Staff on 25 Aug 2009 / 0 Comment
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Many Americans are finding their once prized homes to be like prisons. With mounting debt and the fear of foreclosure, some people simply can’t make payments even with a loan modification and a short sale may be a healthy option. In easy terms, a short sale is when a property is sold on the market [...]

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The State of the Economist


Posted by Resource Launch Staff on 25 Aug 2009 / 0 Comment
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The state of the economy is up for debate. The only conclusion that can be reached is that economists everywhere are scared, running for their lives. It’s true, most are either running from their past actions and comments or clouded in their feelings today, that it all seems like a mess. Treasury Secretary Tim Geitner [...]

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Mortgage Loan Modifications Hurt Credit Scores?


Posted by Resource Launch Staff on 25 Jul 2009 / 0 Comment
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Loan modifications are supposed to be one of the keys to saving the housing market and very well may help, but one issue some troubled borrowers are running into is falling credit scores. This is something that most people do not consider and it’s worth taking notice, as Bloomberg News recently pointed out. Loan modifications, [...]

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An Economic Collapse a reality of Now


Posted by Resource Launch Staff on 25 May 2009 / 0 Comment
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Doomsday theorists don’t need a crystal ball to see the future if what they are looking for is an economic collapse.   hose who are hopeful for an economic recovery need to wake up and smell the recession, which could be turning into a depression. Any signs of recovery should be dismissed as a temporary nap [...]

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