Archive for March, 2011


#17 – Market Predictions for Los Angeles, CA from the American Monetary Association

Los Angeles, CA: -17.5% Return on investment (2011) Los Angeles is a market segment area that is in serious distress, and is likely to experience continued difficulties before a recovery is in sight.  The state of California is currently in the midst of a far-reaching budget crisis that is likely to result in dramatic cuts […]

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Why You Should Buy The "Worst" Housing Market Ever

Maybe it's the worst housing market ever. Maybe it's not. That particular argument is not even worth the breath it takes to engage in it. Who cares if it's the worst or second worst or only in the top ten? What matters is it's a bad housing market. Very, very bad if you're a builder […]

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#16 – Market Predictions for Las Vegas, NV from the American Monetary Association

Las Vegas, NV: -7.9% Return on Investment (2011) The Las Vegas market is very similar to Miami, due to the intense over-building of high-rise condominiums in both markets.  The markets also share a similarity of value trajectories for single-family homes and high-rise units.  The overall market value contractions in Las Vegas are being driven by  […]

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#15 – Market Predictions for Kansas City, MO from the American Monetary Association

Kansas City, MO: 15.4% Return on Investment (2011) Kansas City experienced a prolonged period of steady value appreciation up until its value peak in 2006, and only a minor correction afterward.  The 2008 financial crisis only impacted Kansas City modestly, as its values had already contracted.  The subsequent years saw moderate price volatility that appears […]

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Gold and Silver Coins Legal Tender in Utah – Almost

For a long time now, the American Monetary Association has been proclaiming that the current fiat currency used in the United States (and around the world as well) is going to be the undoing of the global economy on a scale never before imagined. Well, it seems that maybe, just maybe, the worm is beginning […]

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#14 – Market Predictions for Indianapolis, IN from the American Monetary Association

Indianapolis, IN: 32.0% Return on Investment (2011) Indianapolis has experienced repeated value fluctuations in 2009, resulting from the release of foreclosures into the housing inventory.  When foreclosures were introduced into the market, they suppressed values and spurred capital inflows from owners and investors, which triggered the introduction of more foreclosed properties to capitalize on the […]

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#13 – Market Predictions for Houston, TX from the American Monetary Association

Houston, TX: 19.1% Return on Investment (2011) Houston differs from many other markets in that its values were severely depressed during the 1990’s, because of low energy prices.  This led to a significant degree of value appreciation from 2000 through 2007, but a moderate contraction after the financial crisis that temporarily stabilized when the government […]

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#12 – Market Predictions for Detroit, MI from the American Monetary Association

Detroit, MI: 9.7% Return on Investment (2011) Detroit is one of the most widely publicized toxic markets in the United States.  Extensive financial difficulty with the auto manufacturers has crippled the primary employment base in Detroit, and plunged the market into free fall.  This is compounded by burdensome taxes and regulations from the government and […]

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#11 – Market Predictions for Denver, CO from the American Monetary Association

Denver, CO: 13.1% Return on Investment (2011) The Denver area has been a historically stable real estate market for both owners and investors.  Market values experienced a downward correction following the financial crisis of 2008, showed signs of stabilization as 2009 transpired, but that stabilization was short-lived, as the market experienced volatility moving out of […]

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Obama Aims to Get the Government Out of the Housing Industry

Apparently the Bailout-Provider-in-Chief feels like he got his political fingers singed over the past two years with the recession/foreclosure crisis. Yes, the highly anticipated “white paper” has been released by the federal government. A paper which promises to fix “fundamental flaws” in the mortgage market and reduce the governmental role in the housing industry. And […]

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AMA 27 – Thomas Sowell: The Housing Boom and Bust

Jason Hartman talks with Thomas Sowell from the Hoover Institution about the cycles of boom and bust in the US housing market. Narrator: Welcome to the American Monetary Association’s podcast. Where we explore how monetary policy impacts the real lives of real people, and the action steps necessary to preserve wealth and enhance one’s lifestyle. […]

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#10 – Market Predictions for Dallas, TX from the American Monetary Association

Dallas, TX: 19.6% Return on Investment (2011) Dallas experienced a series of moderate appreciation followed by a gradual contraction that has resulted in much less price volatility than has been experienced by other market areas.  The area is expected to hit the bottom of its mild contraction in 2011 and then resume a course of […]

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#9 – Market Predictions for Columbus, OH from the American Monetary Association

Columbus, OH: 22.5% Return on Investment (2011) Columbus was far ahead of most markets in its peak and adjustment periods, realizing its value height in 2005 and moving into oscillating periods of value stability and volatility following the financial crisis of 2008.  Difficulties in the automotive sector have suppressed values in the upper Midwest, but […]

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#8 – Market Predictions for Columbia, SC from the American Monetary Association

Columbia, SC: 25.0% Return on Investment (2011) Market Values in Columbia have been exceptionally stable after a moderate decline from its value peak.  Since values did not appreciate significantly during the bubble, the subsequent contraction has been very mild.  Some mild volatility emerged during 2010 as the government tax incentives expired, but is expected to […]

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#7 – Market Predictions for Cleveland, OH from the American Monetary Association

Cleveland, OH: 1.6% Return on Investment (2011) Cleveland is one of the markets that has been hit especially hard by the economic downturn, because of its dependence on manufacturing and the automotive industry.  With the foreclosure listings currently exceeding the listings of normal homes for sale, values in Cleveland are expected to be under pressure […]

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#6 – Market Predictions for Chicago, IL from the American Monetary Association

Chicago, IL: -27.7% Return on Investment (2011) Chicago is another market area that experienced a dramatic escalation of market values from the real estate bubble.  With high rates of regulation and taxation, Chicago is an intrinsically difficult place to invest.  Historically, values have been very high relative to rents and the restrictive land use laws […]

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#5 – Market Predictions for Charlotte, NC from the American Monetary Association

Charlotte, NC: 22.8% Return on Investment (2011) Charlotte is a great city that has been hit hard by economic difficulties, as the number two banking center in the United States.  Charlotte has lagged many of the other linear markets in its price appreciation and in the value correction.  Charlotte appears to have reached its bottom […]

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The Greatest Financial Scams in History

Lest we modern day citizens make the error of believing financial scams started with Enron and Bernie Madoff, let’s turn back the clock to those thrilling days of yesteryear and fondly remember some other great scam artists of human history. Empire for Sale Back in 193 A.D., a special army called the Praetorian Guard (allegedly […]

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#4 – Market Predictions for Boston, MA from the American Monetary Association

Boston, MA: -3.5% Return on Investment (2011) Market values in Boston increased significantly from 2000 to 2006, with a steady decline into 2008 and another downward correction following the 2008 financial crisis.  Values appeared to stabilize in the second half of 2009, but have been volatile since then with increases and decreases quickly following one […]

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#3 – Market Predictions for Biloxi/Gulfport, MS from the American Monetary Association

Biloxi/Gulfport, MS: 17.4% Return on Investment (2011) With the “Go Zone” tax advantages extended into 2010, the Biloxi / Gulfport market experienced greater stability than many other similar market areas.  The distinct advantage offered by investment in the “Go Zone” is the ability for qualified investors to recognize 50% of the total allowed depreciation in […]

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