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I’d be on the lookout for more of these types of suits in the future as real estate sales and their role in the bubble come more in to foucs. We’ve put a lot of time and energy in on the mortgage side of the game; but there is plenty of blame/shame to heap on Realtors who pushed borrowers, sellers and loan originators in to uncomfortable situations.
R…
Original Source:
29 Julio, 2008| housingblogs |
Comments (0) @ 22:04
Ok, now we are getting somewhere, albeit slow as molasses.
Treasury Secretary Paulson is pushing for covered bonds as a financial instrument to c…
Original Source: matrix.millersamuel.com
29 Julio, 2008| housingblogs |
Comments (0) @ 21:23
Ok, now we are getting somewhere, albeit slow as molasses.
Treasury Secretary Paulson is pushing for covered bonds as a financial instrument to c…
Original Source: matrix.millersamuel.com
29 Julio, 2008| housingblogs |
Comments (0) @ 21:23
It didn’t receive much notice, but Democratic presidential candidate Barack Obama (pictured) committed some news over the weekend when h…
Original Source: feeds.latimes.com
29 Julio, 2008| housingblogs |
Comments (0) @ 21:19
It didn’t receive much notice, but Democratic presidential candidate Barack Obama (pictured) committed some news over the weekend when h…
Original Source: feeds.latimes.com
29 Julio, 2008| housingblogs |
Comments (0) @ 21:19
It didn’t receive much notice, but Democratic presidential candidate Barack Obama (pictured) committed some news over the weekend when h…
Original Source: feeds.latimes.com
29 Julio, 2008| housingblogs |
Comments (0) @ 21:19
Nobody should be surprised to learn that the HPI was down again in May. Here’s a view from the peak:
read more…
Original Source: piggington.com
29 Julio, 2008| housingblogs |
Comments (0) @ 20:29
From Jim the Realtor (4 min 16 sec): A Countrywide REO, 3br/2ba, 1,100sf house sold for $465,000 in 2005, now being offered for $180,900. That is 39% of the 2005 price (61% off).
Vista is an improving area (in general), although this is a low end area. It’s hard to believe someone paid $465,000 for this in 2005!…
Original Source:
29 Julio, 2008| housingblogs |
Comments (0) @ 17:39
From Jim the Realtor (4 min 16 sec): A Countrywide REO, 3br/2ba, 1,100sf house sold for $465,000 in 2005, now being offered for $180,900. That is 39% of the 2005 price (61% off).
Vista is an improving area (in general), although this is a low end area. It’s hard to believe someone paid $465,000 for this in 2005!…
Original Source:
29 Julio, 2008| housingblogs |
Comments (0) @ 17:39
Just to post the official announcement.
From the LA Times: Mervyns department stores files for bankruptcy "After careful consideration of available alternatives, the company’s management board determined that a Chapter 11 filing was a necessary and prudent step that allows us to operate our business without interruption as we seek to restructure our debt and other obligations in a controlled,…
Original Source:
29 Julio, 2008| housingblogs |
Comments (0) @ 17:03
Just to post the official announcement.
From the LA Times: Mervyns department stores files for bankruptcy "After careful consideration of available alternatives, the company’s management board determined that a Chapter 11 filing was a necessary and prudent step that allows us to operate our business without interruption as we seek to restructure our debt and other obligations in a controlled,…
Original Source:
29 Julio, 2008| housingblogs |
Comments (0) @ 17:03
How very appropriate that his home got him into trouble.Greed.Corruption.Welcome to the American Congress, circa 2008….
Original Source: housingpanic.blogspot.com
29 Julio, 2008| housingblogs |
Comments (0) @ 17:01
How very appropriate that his home got him into trouble.Greed.Corruption.Welcome to the American Congress, circa 2008….
Original Source: housingpanic.blogspot.com
29 Julio, 2008| housingblogs |
Comments (0) @ 17:01
We are currently testing a new advertising system, which allows bids to be placed in real-time. This will be replacing the AdSense banner at the top of the site.
The "Your ad here, right now: $0" text is not a glitch….
Original Source: housingdoom.com
29 Julio, 2008| housingblogs |
Comments (0) @ 16:47
Tribune Co. has picked two New York commercial real estate brokerages to market the Los Angeles T…
Original Source: feeds.latimes.com
29 Julio, 2008| housingblogs |
Comments (0) @ 15:35
The BBC News reports on California. “In May 2006, at the height of the housing boom, Karen Trainer bought a $500,000 apartment in California - with money borrowed from her bank. By this year, Karen still owed $500,000 on her mortgage, but her apartment was worth $200,000 less. So she was deep in negative equity and, to make matters worse, the interest rate on her loan was about to increase. ‘I thought ‘this is crazy,’ Ms Trainer says. ‘It just does not make financial sense.’”
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Original Source: thehousingbubbleblog.com
29 Julio, 2008| housingblogs |
Comments (0) @ 15:33
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Original Source: housingpanic.blogspot.com
29 Julio, 2008| housingblogs |
Comments (0) @ 14:39
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Original Source: housingpanic.blogspot.com
29 Julio, 2008| housingblogs |
Comments (0) @ 14:39
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