This sounds like an “only in San Francisco” story if I ever heard one.
A San Francisco man who paid $621,000 for a condo to share with his 10-year old son is fighting to rescind the deal after learning the other unit in the two-unit building is home to sadomasochism enthusiast who engages in loud “leather [...]

Preliminary data for March home sales and prices are not very encouraging. But a prominent housing economist, Karl Case, thinks it’s time to to give more credence to month-to-month comparisons, rather than year-to-year comparisons, because of how last year’s numbers are distorted by the housing tax credit.
Seen from the month-to-month perspective, the market is [...]

Every day I get up and look through the Forbes list of the richest people in America. If I’m not there, I go to work.
~Robert Orben

Last week I blogged about how technology is replacing retail jobs. Today, Paul Krugman took it a step further on how technology is replacing college eduacted jobs.

The day after the Obama-Bush event, The Times published an article about the growing use of software to perform legal research. Computers, it turns out, can quickly analyze millions [...]

“Very little is written about what will happen when all the dollars, built up as foreign central bank and private holdings, get spent. Indeed, we believe that not only will the dollars get spent, but this spending will have massive inflationary implications for America.” —Richard Branson

As I have stated many times before on this Boston real estate blog, look at the job market as one major (not the only) indicator on forecasting the real estate sales market. Click on the visual video below.

The total number of  jobs in America fell by nearly two million over the past decade. That doesn’t [...]

Here is the video of Professors Paul Krugman and Martin Feldstein (former Reagan advisor and NBER president), and Jan Hatzius, chief economist of Goldman Sachs:
The Economic Policy Institute conference on October 5, 2010
File Under:  A group of very pessimistic guys.

The employment company CareerBuilder, in partnership with Harris Interactive, conducts an annual survey to determine the percentage of Americans living paycheck to paycheck.
In 2007, 43 percent fell into this category
In 2008, the number increased to 49 percent
In 2009, the number skyrocketed up to 61 percent
In their most recent survey, the number exploded to a mind-shattering [...]

“A corporation’s primary goal is to make money. Government’s primary role is to take a big chunk of that money and give it to others.” —Larry Ellison

Real estate agents in the Gulf area want to be compensated for lost business due to the oil spill. From Kenneth Feinberg, overseer of the $20 billion oil-disaster fund:
“The Realtors and real estate brokers are a major political force. … I’m hearing from them constantly. I’m not sure whether they have a valid legal claim. [...]