Housing Blogs
housing, mortgages…
RSS | Visita nuestra web 
- Ron Paul on Fox Business talking about inflation as the greatest tax.
-
America’s counting on you Ron Paul.No more Mr. nice guy.The Revolution needs a leader.Step it up. START SHOUTING.
…
Original Source: housingpanic.blogspot.com
-
16 July, 2008| housingblogs |
Comments (0) @ 23:52
- Jim Bunning vs. Hank Paulson. Finally, a Senator with some balls. The other 99 of ‘em - worthless. But Bunning’s lookin’ good out of the pen
-
“When I picked up my newspaper yesterday, I thought I was in France”"Where is the money going to come from?”And he gets Paulson to finally admit it - “The taxpayer”Folks, watch Bunning do what Ron Paul should have done. Watch Jim Bunning tell it like it is. WATCH JIM BUNNING SHOW SOME RAGE!To see a Republican dress down the Republican Treasury Secretary was inspiring. Maybe this shows the GOP, one person at a time, is on the way back to finding its soul. Hey, I’m an optimist….
Original Source: housingpanic.blogspot.com
-
16 July, 2008| housingblogs |
Comments (0) @ 23:36
- Affordable Housing: Finding Affordable Housing just got Easier in California.
-
Affordable housing and California usually are not used in the same sentence. Whenever people think of California I can assure you that affordable housing is not the first thing that pops into their mind. Yet there may be a positive aspect to the current housing bubble bursting and that may include more affordable places for young first time buyers and those looking to purchase a place without giving up their first-born to a life of debt servitude.
…
Original Source:
-
16 July, 2008| housingblogs |
Comments (0) @ 23:10
- Why you should be worried about deposits even if they’re FDIC insured
-
If you’re feeling rather smug for being smart enough to keep your deposits under the FDIC insurance limit of $100k in such turbulent times you might want to keep reading. The recent takeover of IndyMac by the FDIC and the subsequent botched management should be a cautionary tale to you all. Just because your money’s insured doesn’t mean you’ll get it out right away.
From our friend Peter at the L…
Original Source:
-
16 July, 2008| housingblogs |
Comments (0) @ 23:07
- 2Q 2008 Long Island/Queens Market Overview Available For Download
-
The 2Q 2008 Long Island/Queens Market Overview [pdf] that I author for Prudential Douglas Elliman [PDE] is available for download. We took over the preparation of this market area study for them in 2Q 06.
…
Original Source: matrix.millersamuel.com
-
16 July, 2008| housingblogs |
Comments (0) @ 21:01
- WaMu wary of IndyMac cashier’s checks
-
More strange doings tonight surrounding the failure and federal takeover of IndyMac: some rival banks are refusing to honor cashier’s checks written by IndyMac — even though those checks are backed by the federal government.
John Bovenzi, the FDIC official now running IndyMac, tells the Los Angeles Times today he is "deeply troubled by reports that there are financial institutions that are refusing to honor or are placing excessive holds on IndyMac Federal checks."
…
Original Source: feeds.latimes.com
-
16 July, 2008| housingblogs |
Comments (0) @ 20:50
- WaMu refusing IndyMac cashier’s checks
-
More strange doings tonight surrounding the failure and federal takeover of IndyMac: some rival banks are refusing to honor cashier’s checks written by IndyMac — even though those checks are backed by the federal government.
John Bovenzi, the FDIC official now running IndyMac, tells the Los Angeles Times today he is "deeply
troubled by reports that there are financial institutions that are
refusing to honor or are placing excessive holds on IndyMac Federal
checks."
…
Original Source: feeds.latimes.com
-
16 July, 2008| housingblogs |
Comments (0) @ 20:50
- IndyMac under FBI investigation for loan fraud
-
The AP is reporting that surprise, surprise, IndyMac Bank is under investigation for loan fraud surrounding their risky lending practices. (Thanks Don!) This really isn’t that shocking. The only shocking part is that the FBI has waited until the bank collapsed to get their act in gear.
While I know the Feds are looking for a scape goat (or at least a cronie to lock up with t…
Original Source:
-
16 July, 2008| housingblogs |
Comments (0) @ 20:47
- China’s Growth "Cools" to 10.1%
-
Form Bloomberg: China’s Economic Growth Cools to Slowest Since 2005 China’s economic expansion cooled to the slowest pace since 2005, handing more ammunition to Chinese officials calling for reduced gains by the yuan as the outlook for exports dims.
Gross domestic product grew 10.1 percent in the second quarter from a year earlier, down from 10.6 percent in the first … This isn’t much of a…
Original Source:
-
16 July, 2008| housingblogs |
Comments (0) @ 20:13
- Oh, you’re not gonna like this…
-
I’m gonna be gone for a week folks - you’re on your own starting Friday.Heading to the Black Sea, rumor has it there’s an internet cafe in town so I’ll try to get comments up, but it’s gonna be slow at best….
Original Source: housingpanic.blogspot.com
-
16 July, 2008| housingblogs |
Comments (0) @ 16:46
- Tracking L.A. home prices and sales
-
A quick follow-up on today’s DataQuick numbers. As you can see below, the year-over-year percentage decline in median prices paid in Los Angeles hit a new peak in June, down 23.9% from June 2007. The trailing 12-month sales total for L.A. County hit a new low and is running 54% below 2004 levels.
Read more about the DataQuick numbers here (Annette Haddad on the spike in sales in the Inland Empire), …
Original Source: feeds.latimes.com
-
16 July, 2008| housingblogs |
Comments (0) @ 16:07
- Pretty Thin Gruel In California
-
The Ventura County Star reports from California. “Last month’s Southern California homes sales, while the highest in 10 months, continued at their slowest pace in more than two decades, DataQuick reported today. It was the slowest June in the agency’s records, which date back to 1988. In Ventura County, there were 767 transactions in June, a 13.4 percent drop from 886 sales a year ago. The median was $420,000, down 27.8 percent from $582,000 a year ago.”
…
Original Source: thehousingbubbleblog.com
-
16 July, 2008| housingblogs |
Comments (0) @ 15:56
- IndyMac investigated for fraud by FBI
-
CNN reports:The FBI is investigating Indymac Bancorp for fraud, a source tells CNN.The California-based bank was taken over by federal regulators last week. Indymac’s collapse was the second-largest bank failure in U.S. history.A source said the federal government is looking into whether the bank engaged in fraud when it made home loans to high-risk borrowers. The source said the investigation is focused primarily on the company, not individuals….
Original Source: bubblemeter.blogspot.com
-
16 July, 2008| housingblogs |
Comments (0) @ 15:43
- FLASH: FIVE YEARS TOO LATE, FBI IS CONFIRMED TO BE INVESTIGATING LIAR’S LOAN KING INDYMAC FOR FRAUD. GREAT. WHAT TOOK SO LONG?
-
WHAT TOOK THE INCOMPETENT IDIOTS AT THE FBI FIVE YEARS TO FINALLY GET AROUND TO THIS, WE’LL NEVER KNOW.Man, I’m happy to see this, but damn…The very definition of “closing the barn door after the cows got out”…
Original Source: housingpanic.blogspot.com
-
16 July, 2008| housingblogs |
Comments (0) @ 15:05
- FLASH: FIVE F*CKING YEARS TOO LATE, FBI IS CONFIRMED TO BE INVESTIGATING LIAR’S LOAN KING INDYMAC FOR FRAUD. GREAT. WHAT THE F*CK TOOK SO LONG?
-
WHAT THE F*CK TOOK THE INCOMPETENT IDIOTS AT THE FBI FIVE F*CKING YEARS TO FINALLY GET AROUND TO THIS, WE’LL NEVER KNOW.Man, I’m happy to see this, but damn, I’m PISSED!…
Original Source: housingpanic.blogspot.com
-
16 July, 2008| housingblogs |
Comments (0) @ 15:05
- Fed Funds Probabilities: No rate change through September
-
Reading the Fed minutes today, it appears that as of the last FOMC meeting in June, most FOMC members were once again missing the downside risks to the economy. Chairman Bernanke somewhat corrected that mistake in his testimony over the last two days as he acknowledged the "significant downside risks to the outlook for growth".
As of yesterday - before the stock market rally today - market…
Original Source:
-
16 July, 2008| housingblogs |
Comments (0) @ 14:27
- Inflation takes control
-
Inflation, inflation everywhere and not an interest rate hike in sight.Just watch, within 12 months, central banks around the world will begin to realize that there is only one medicine that cures the inflationary disease.Eurozone inflation hits 4 percentA 25 basis point gesture is all very well, but eurozone inflation needs much more….
Original Source: ukhousebubble.blogspot.com
-
16 July, 2008| housingblogs |
Comments (0) @ 14:18
- waiting in vain for deflation
-
The alarms bells are screaming; the warning lights are flashing red; US inflation is raging. Last month, the CPI inflation rate hit 5 percent.In June alone the US CPI jumped up 1.1 percent. If it continues to grow at that rate, within12 months time, the US will have an inflation rate of 14 percent. Let it go at 1.1 percent a month for two years and prices will be up 30 percent. That is the miracle of compounding….
Original Source: ukhousebubble.blogspot.com
-
16 July, 2008| housingblogs |
Comments (0) @ 13:23
- US inflation hits 5 percent
-
The alarms bells are screaming; the warning lights are flashing red; US inflation is raging. Last month, inflation hit 5 percent.In June alone the US CPI jumped up 1.1 percent. If it continues to grow at 1.1 percent a month, in 12 months time, the US will have an inflation rate of 14 percent. Let it go at 1.1 percent a month for two years and prices will be up 30 percent. That is the miracle of compounding….
Original Source: ukhousebubble.blogspot.com
-
16 July, 2008| housingblogs |
Comments (0) @ 13:23
- The IndyMac fiasco: A three-day run of federal incompetence
-
On day three of the financial hostage drama otherwise known as IndyMac Federal, someone needs to say it: the government’s takeover of IndyMac has been a stunning display of cluelessness and incompetence, and has given bank customers every reason to feel anxious and angry….
Original Source: feeds.latimes.com
-
16 July, 2008| housingblogs |
Comments (0) @ 13:10
