As the year slowly comes to an end, the fact that there may be a potentially viable Coronavirus vaccine is incredible. With this in mind, however, the recovery of our overall economy remains in question with some reminders of the Great Recession of 2008. Tale of Two Cities The effects of COVID-19 has left many top-tier economists to wonder how […]
Category: Great Recession
How To Stay Safe and Stay in Business: Loss Mitigation Strategies For Individuals and Businesses Description Zoom in at Noon with Roy Oppenheim : “How to Stay Safe and Stay in Business: Loss Mitigation Strategies For Individuals and Businesses” Mar 24, 2020 12:00 PM in Eastern Time (US and Canada) Register Register by Tuesday Mar 24, 2020 12:00 PM for the […]
Mortgage rates have fallen to their lowest rates in modern U.S. history this past week due to the fears that the coronavirus is weakening the U.S. economy. Usually, lowering mortgage rates stimulates home sales. However, with “breaking news” daily reporting a worsening coronavirus epidemic may ultimately lead to home buyers staying at home rather than actively going out to look […]
The longest economic expansion in modern American history could come to a screeching halt right before the 2020 presidential election. However, unlike our last major economic downturn, this won’t be brought about by the housing market. Banking On The Past As previously discussed, the 2007 financial crisis was catalyzed by exploitative banking practices which involved deceptive housing market indicators and […]
The Housing Bubble A historical fact: The United States has had eleven recessions since World War II. While pessimistic economic pundits are already forecasting that we are heading towards another recession, the true issue is whether housing ever truly recovered from the last recession of 2007-2009. Interesting, while the New York Times indicated that housing only accounts for three percent […]
Florida Foreclosure Attorney Roy Oppenheim’s retrospection on the 10 year Anniversary of the Great Recession. Last Part: The Guilty Ones.
“A Retrospective From the Trenches of the Great Recession-The Parties to Blame” Welcome to the last part of my series of posts dedicated to reflecting on the ten-year anniversary of the Great Recession. I have talked about the changes prompted by the economic collapse, the things that did not change after it, and now it is time to talk about […]