Articles, books and college courses have been offered up to try and answer that question. Following is a brief, simplistic, but factual explanation of the “why” to the question.
First, imagine the entire financial community as a circle. Now, let’s start with one subprime mortgage with the understanding that this one is one of millions.
Subprime by […]

This is one of the most asked questions. When is the right time to buy? The sound bite response is “If you buy right, it is always the right time to buy.” Read the following NetGain essays: “Buying Real Estate At a Discount to Replacement Costs: A Legend Debunked,” “The Driving Force Behind Commercial Real […]

When you combine naivety, greed and inexperience with the responsibility of controlling large amounts of money, you have a formula for financial pain. Those are the characteristics that caused the subprime mortgage crisis and those are the same characteristics that NetGain now sees in the commercial real estate estate market. Consequently, NetGain predicts weakness in […]

Hopeless in the sense of terminal or incurable? Of course not. Hopeless would be if 100% of homeowners with mortgages were in default. During the past several years subprime mortgages were approximately 40% of total mortgage origination. Of that number, approximately 11% are in default. That translates to 4% of the total number of mortgages […]