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- If This Is Victory
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Then I don’t want to know what defeat would be. Even I am getting tired of writing about Gretchen Morgenson columns, but this one cries out for demystification. Anyone who wants to claim that any homeowner who stops foreclosure and keeps her home has necessarily "won" anything or received any particular financial benefit needs to read this post. This is a profoundly important issue: the whole…
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26 July, 2008| housingblogs |
Comments (0) @ 21:21
- Stop The Bailouts
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This is what you need to know, and what you need to do. …
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26 July, 2008| housingblogs |
Comments (0) @ 20:08
- The $600,000 - $800,000 Pool and Landscape
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In September of 2005 REALTOR® Toby purchased a 3,915 sqft McMansion in the new development of Varadero adjacent to Lake San Marcos. He then embarked on a mission to out-spend and out-do all of the flippers of the land. Finally, his masterpiece is accomplished!1…
Original Source: bubbletracking.blogspot.com
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26 July, 2008| housingblogs |
Comments (0) @ 19:28
- The $600,000 - $800,000 Pool and Landscape
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In September of 2005 REALTOR® Toby purchased a 3,915 sqft McMansion in the new development of Varadero adjacent to Lake San Marcos. He then embarked on a mission to out-spend and out-do all of the flippers of the land. Finally, his masterpiece is accomplished!1…
Original Source: bubbletracking.blogspot.com
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26 July, 2008| housingblogs |
Comments (0) @ 19:28
- Summary and Text: Foreclosure Prevention Act of 2008
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UPDATE: I’m reading the summary now - I’m trying to figure out if it is up to date. Latest Major Action: 7/23/2008 Resolving differences — House actions.For those with the time, here is the summary of the Foreclosure Prevention Act of 2008
And here is the complete text….
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26 July, 2008| housingblogs |
Comments (0) @ 16:22
- HousingPANIC Quote by a Bald-Faced Liar of the Day
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“It’s not the government’s job to bail out speculators, or those who made the decision to buy a home they knew they could never afford”-…
Original Source: housingpanic.blogspot.com
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26 July, 2008| housingblogs |
Comments (0) @ 13:19
- Talkaboutit or Fuggetaboutit 3
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For all the Goodfellas, Babes and Wiseguys, this thread remains at the top for open discussion, anytime anywhere, outside the ‘kool-aid drinkers’ club. What’s goin on with Real Estate or financial news in your boro, hood or head. …
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26 July, 2008| housingblogs |
Comments (0) @ 12:44
- Open Thread 7-26-2008
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Heartlight — Neil Diamond
Are the rich foreigners going to come buy our overpriced real estate? Not if they are from this planet. Perhaps ET and his buddies will come down to save us?
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26 July, 2008| housingblogs |
Comments (0) @ 12:32
- Innovative, Responsible And Vibrant In California
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The Press Telegram reports from California. “Home sales across California jumped nearly 18 percent during June compared with a year earlier as discounted foreclosures lured buyers back into the real-estate market, a trade association said Friday. However, the median resale price plunged in every region of the state from year-ago levels, falling 38 percent statewide and 32 percent in Los Angeles, said the California Association of Realtors.”
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Original Source: thehousingbubbleblog.com
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26 July, 2008| housingblogs |
Comments (0) @ 11:48
- US Government to Responsible Americans: Screw You
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Well, that’s that. Housing rescue bill heads to Bush for signature
Congress passed the most significant housing legislation in decades Saturday, offering help to struggling homeowners and seeking to stabilize a troubled housing market that has dragged down the economy.
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26 July, 2008| housingblogs |
Comments (0) @ 11:09
- Graphs: Existing Home Sales
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Here are some graphs (and analysis) based on the Existing Home sales report from the National Association of Realtors (NAR). (note: I was out of town this week, and couldn’t post these earlier)
Click on graph for larger image in new window.
The first graph shows existing home sales, on a Seasonally Adjusted Annual Rate (SAAR) basis since 1993.
Sales in June 2008 (4.86 million SAAR) were the…
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26 July, 2008| housingblogs |
Comments (0) @ 11:08
- Southwest Contractor Magazine - Design & Construction Competition
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Southwest Contractor is seeking entries for its annual awards competition. Entry is free. The deadline is Aug. 22nd, but we will accept entries a few days after that in case any are in transit. If you don’t have a project to submit this year, please share this with a colleague. Thanks!
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26 July, 2008| housingblogs |
Comments (0) @ 11:07
- Are Portland Home Sellers Getting the Hint?
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A reader of the blog pointed this listing out to me:$80,000 price drop!! Amazing deal at this price for a one-of-a-kind home with tons of potential in a fantastic neighborhood. Entire top floor is huge master suite with deck and view. Daylight basement with own entrance and 1/2 bath would be perfect work space/studio/convert back to garage/etc. One year home warranty. Near Hillsdale shops, Mult.Village, Gabriel Park, OHSU……
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26 July, 2008| housingblogs |
Comments (0) @ 11:06
- Fannie Freddie - Stop The Bailout
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26 July, 2008| housingblogs |
Comments (0) @ 11:00
- Meet Clarence Medina at the Contemporary Hispanic Market
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Meet Clarence Medina at the Contemporary Hispanic Market
From Chimayo to Taos and along the Rio Grande, Clarence Medina’s paintings take you on the “high road tour to Taos” honoring his rich heritage. Always a popular artist at The Contemporary Hispanic Market in Santa Fe, the artist will be available to meet and greet at booth 17 on Lincoln Ave.
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26 July, 2008| housingblogs |
Comments (0) @ 10:59
- Taos Milagro Rotary Club Scholarship Fund
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Taos Milagro Rotary Club Scholarship Fund
The Taos Milagro Rotary Club as presents their Second Annual Scholarship Fundraiser, the Taos Chile Challenge….
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26 July, 2008| housingblogs |
Comments (0) @ 10:49
- HACIENDA HERITAGE PHOTOGRAPHY EXHIBIT EN DIVINA LUZ AND HACIENDA RECUERDOS
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FOR IMMEDIATE RELEASE:
25 July 2008
CONTACT:
Morris Witten, Executive Director
575-758-0505 director@taoshistoricmuseums.org
HACIENDA HERITAGE PHOTOGRAPHY EXHIBIT EN DIVINA LUZ AND HACIENDA RECUERDOS
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26 July, 2008| housingblogs |
Comments (0) @ 10:42
- And then the government decided that the taxpayers should foot the bill for the behavior of flippers, gamblers, fraudsters and stupid bankers
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A sad day for all American taxpayers.A sad day for anyone who made wise and ethical financial decisions.A sad day for the free market.And a sad day for your children, their children, their children and their children, who’ll now end up paying for this disaster.And to think, this is just the start. The bailouts are here HP’ers. The bailouts are here….
Original Source: housingpanic.blogspot.com
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26 July, 2008| housingblogs |
Comments (0) @ 9:58
- Senate passes landmark housing bill
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The Senate on Saturday overwhelmingly passed a landmark housing bill that will offer up to $300 billion in loans for troubled homeowners and establish a government rescue plan for mortgage finance giants Fannie Mae and Freddie Mac.
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Original Source: rss.cnn.com
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26 July, 2008| housingblogs |
Comments (0) @ 9:07
- Home Shopping Crisis Network: When the Ballyhoo Years Turn Into Relics of Excess. Lessons from the Great Depression Part XVI: Items That Sold in the Credit Bubble.
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During every bubble the excess capital that is created usually has to go to some form of conspicuous consumption. With the technology bubble we had groceries delivered to your home by van, sock puppets, and a Beanie Baby mania. It seems when money is flowing, those with the capital want to spend on conspicuous items and bid prices sky high. Those bean filled animals which sold for hundreds of dollars on eBay are now sold at your local liquor store for $5 with a coupon for a free Sprite.
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26 July, 2008| housingblogs |
Comments (0) @ 9:04