April 2010

Car dealerships going belly up is bad for communities. They lose jobs and tax revenue. Problem is, it doesn’t stop there. What the heck are they supposed to do with acres and acres of bare asphalt?

Take a look at charts showing the ups and downs of the Texas and U.S. economies, and you’ll see that the two lines tend to stick pretty close to each other.

The Fed is taking unprecedented steps to prop up real estate values and prevent as many residential and commercial foreclosures as possible. Those waiting around to purchase distressed assets can use the time to learn more about three programs created to make it easier to buy assets from banks that went under.

Investors, hold your horses. Even if the recession is easing up a bit, nobody really knows how the recovery will play out. Here are seven reasons to think hard before making business decisions.

Everyone is looking for signs that the Texas economy has bottomed out. Personal income is one economic indicator that tells the tale.