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Financial Crisis Slideshow



The U.S. Financial Crisis

Above is not just the first place winner in‘s Credit Crisis in Under 30 Slides first place winner, it is a recap of recent events in our economy. It’s tough to present such a complex idea and the presentation has been called “finger pointing” by some and others opine that it simply “highlight[s] that a [sic] eerily familiar pattern continues to repeat itself throughout history” and I won’t even tell you what people in my gmail inbox said about it (it got colorful in support AND opposition).

Because we’re still in the heat of the moment, it is difficult to tell the true depth of what is going on in this ultra complex machine that is our economy. No one short of Bernanke could give an overview of current events accurately… err, despite his recent “my bad” and that “inflation will have to be reigned in once the economy improves but implied it is a future issue, not a current concern.” Just sayin’… this stuff is hard to unravel even for the experts.

So what do YOU think of the slide show? Is it accurate? Do you agree or disagree with the message or the design?

Lani is the Chief Operating Officer at The American Genius - she has co-authored a book, co-founded BASHH and Austin Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.

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  1. Nicole Lahti

    December 3, 2008 at 7:20 pm

    This slideshow does a good job of showing why its so annoying when politicians & pundits point fingers NOW after contributing to the problem. We can blame loose lending standards all day long, but the fact is banks wouldn’t have lent money to anyone with a heartbeat if there wasn’t so much money to lend. One of the biggest culprits in this whole mess is the Fed and the manner by which it increased liquidity into the market with its consequetive rate cuts post 9/11. Loose lending standards was the flame, and excessive, albeit articficial, liquidity was the gasoline. Or visa versa, either way they’re both at fault. Unfortunately, not enough people hold the Fed accountable for its actions because its made us believe its our savior now. In my opinion, they’re just doing what got us here in the first place — artificially pumping liquidity into a market to save it from a recession. It helped in the shortrun post 9/11, but look at the mess we’re in now.

  2. Missy Caulk

    December 3, 2008 at 8:19 pm

    Interesting, I thought the Wall Street Journal slide for 1999 was really on point. We have been given certain unalienable rights, the right to life, liberty and the PURSUIT of happiness.

    Not a right to a home. False premise leads to false results.

  3. Vicki Moore

    December 6, 2008 at 11:03 pm

    I thought it was very accurate and simplistic in its explanation. I’d be interested in hearing the perspective of those who disagree with it.

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Austin tops the list of best places to buy a home

When looking to buy a home, taking the long view is important before making such a huge investment – where are the best places to make that commitment?



Looking at the bigger picture

(REALUOSO.COM) – Let us first express that although we are completely biased about Texas (we’re headquartered here, I personally grew up here), the data is not – Texas is the best. That’s a scientific fact. There’s a running joke in Austin that if there is a list of “best places to [anything],” we’re on it, and the joke causes eye rolls instead of humility (we’re sore winners and sore losers in this town).

That said, dug into the data and determined that the top 12 places to buy a home are currently Texas and North Carolina (and Portland, I guess you’re okay too or whatever).

They examined the nerdiest of numbers from the compound annual growth rate in inflation-adjusted GDP to cost premium, affordability, taxes, job growth, and housing availability.

“Buying a house is a big decision and a big commitment,” the company notes. “Although U.S. home prices have risen in the long term, the last decade has shown that path is sometimes full of twists, turns, dizzying heights and steep, abrupt falls. Today, home prices are stabilizing and increasing in most areas of the U.S.”

Click here to continue reading the list of the 12 best places to buy a home…

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Housing News

Average age of houses on the rise, so is it now better or worse to buy new?

With aging housing in America, are first-time buyers better off buying new or existing homes? The average age of a home is rising, as is the price of new housing, so a shift could be upon us.



aging housing inventory

aging housing inventory

The average home age is higher than ever

(REALUOSO.COM) – In a survey from the Department of Housing and Urban Development American Housing Survey (AHS), the median age of homes in the United States was 35 years old. In Texas, homes are a bit younger with the median age between 19 – 29 years. The northeast has the oldest homes, with the median age between 50 – 61 years. In 1985, the median age of a home was only 23 years.

With more houses around 40 years old, the National Association of Realtors asserts that homeowners will have to undertake remodeling and renovation projects before selling unless the home is sold as-is, in which case the buyer will be responsible to update their new residence. Even homeowners who aren’t selling will need to consider remodeling for structural and aesthetic reasons.

Prices of new homes on the rise

Newer homes cost more than they used to. The price differential between new homes and older homes has increased from 10 percent traditionally to around 37 percent in 2014. This is due to rising construction costs, scarcity of lots, and a low inventory of new homes that doesn’t meet the demand.

Click here to continue reading this story…

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Housing News

Are Realtors the real loser in the fight between Zillow Group and Move, Inc.?

The last year has been one of dramatic and rapid change in the real estate tech sector, but Realtors are vulnerable, and we’re worried.



zillow move

zillow move

Why Realtors are vulnerable to these rapid changes

(REALUOSO.COM) – Corporate warfare demands headlines in every industry, but in the real estate tech sector, a storm has been brewing for years, which in the last year has come to a head. Zillow Group and Move, Inc. (which is owned by News Corp. and operates ListHub,, TopProducer, and other brands) have been competing for a decade now, and the race has appeared to be an aggressive yet polite boxing match. Last year, the gloves came off, and now, they’ve drawn swords and appear to want blood.

Note: We’ll let you decide which company plays which role in the image above.

So how then, does any of this make Realtors the victims of this sword fight? Let’s get everyone up to speed, and then we’ll discuss.

1. Zillow poaches top talent, Move/NAR sues

It all started last year when the gloves came off – Move’s Chief Strategy Officer (who was also’s President), Errol Samuelson jumped ship and joined Zillow on the same day he phoned in his resignation without notice. He left under questionable circumstances, which has led to a lengthy legal battle (wherein Move and NAR have sued Zillow and Samuelson over allegations of breach of contract, breach of fiduciary duty, and misappropriation of trade secrets), with the most recent motion being for contempt, which a judge granted to Move/NAR after the mysterious “Samuelson Memo” surfaced.

Salt was added to the wound when Move awarded Samuelson’s job to Move veteran, Curt Beardsley, who days after Samuelson left, also defected to Zillow. This too led to a lawsuit, with allegations including breach of contract, violation of corporations code, illegal dumping of stocks, and Move has sought restitution. These charges are extremely serious, but demanded slightly less attention than the ongoing lawsuit against Samuelson.

2. Two major media brands emerge

Last fall, the News Corp. acquisition of Move, Inc. was given the green light by the feds, and this month, Zillow finalized their acquisition of Trulia.

…Click here to continue reading this story…

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