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Housing

BUBBLETALK - Open thread to talk about the housing crash, mortgage meltdown
2009-06-04 19:29:00
Keep it clean, keep it short, use tinyurl and have at it...
BUBBLETALK - Open thread to talk about the housing crash, mortgage meltdown
2009-05-27 06:48:00
Have at it..And vote early and vote often for HP at this REIC blog contest (current hilarious leaderboard here). You can vote once a day supposedly...Vote for this siteReal Estate Blog Contestpresented by the FHA Loan Center
BUBBLETALK - open thread to talk about the housing crash and mortgage meltd
2009-01-03 21:14:00
Nah, home prices never go down.Post random thoughts, articles that I missed (use tinyurl.com and hit the highlights only), and tell us what's on your mind
BUBBLETALK - New thread to talk about the housing crash, mortgage meltdown
2008-12-09 15:36:00
Bubbles are for bathtubs. Not.Post random thoughts, articles that I missed (use tinyurl.com and hit the highlights only), and tell us what's on your mind
BUBBLETALK - Open thread to talk about the housing, credit, dollar and mort
2008-11-19 22:53:00
And the pressure builds...Post random thoughts, articles that I missed (use tinyurl.com and hit the highlights only), and tell us what's on your mind
BUBBLETALK - Open thread to talk about the housing crash and mortgage meltd
2008-10-29 18:38:00
Post article highlights (use tinyurl.com for the link), random thoughts and word from the street here...Yup, right on schedule, it's getting ugly out there (no matter what realtors on commission tell you)
BUBBLETALK - new thread to talk about the housing crash, mortgage meltdown,
2008-10-13 10:45:00
Post articles (use tinyurl and hit the highlights), let me know what I missed, talk about what's on your mind, and have a good chatAh, the smell of housing napalm in the morning...
BUBBLETALK - Open thread to talk about the housing collapse, dollar downfal
2008-09-29 12:36:00
Getting ugly out there now...Post article snippets, use tinyurl.com, keep it clean, have a good chat
BUBBLETALK - Open thread to talk about the mortgage meltdown, housing crash
2008-09-14 23:52:00
Things fall apart. The center will not hold...Post interesting articles (snippits only), use tinyurl.com, let me know what I've missed, chat about random topics, and keep it clean for the kids.
BUBBLETALK - New thread to talk about the mortgage meltdown and housing col
2008-08-29 15:07:00
Post articles (use tinyurl and hit the highlights), interesting facts or just let us know what's on your mind.Yes, the housing bubble burst, the crash is here, mortgages are melting down, and it's O-V-E-R. Now we just deal with the mess.
BUBBLETALK - New thread to talk about the mortgage meltdown and housing col
2008-08-17 14:16:00
HousingPANIC is here.Use this thread to post articles (use tinyurl and hit the highlights), talk about random topics, and have a good chat
BUBBLETALK - New thread to talk about the mortgage meltdown and housing col
2008-08-07 18:51:00
Keep it clean, don't post full articles, use tinyurl.com for long links, let me know what I missed, talk about general stuff here, and have a good chat
BUBBLETALK - Newest thread to talk about the global housing crash and mortg
2008-07-25 15:16:00
What's on your mind? Post housing bubble / housing crash article highlights, use tinyurl, let me know what I missed, and have a good chat
Nightly Ramble: Oil down again; Eliminate nukes? Yeah, right; Housing Up,N
2008-07-17 15:01:00
Oil is down again… third straight day this has happened…. another $4  That’s about $15/bbl… on the hope that Congress will get out of the way of drilling. And remember, gang, I told you this would start happening about midsummer.  Pelosi meanwhile is being stupid. For the record, gang, I added nothing to DavidL saying we look for Pelosi’s removal  from office, because I agree with it.  the woman needs to leave. Now. So, Obama plans to rid the world of all known diseases all Nuclear weapons. I guess it would take a Messiah to put that particular genie back in the bottle, huh? And what Democrat since FDR has NOT made such a pledge at some point during his election? We see how well it’s worked previously, once exposed to reality. (OK, yes, hat was a nod to Monty Python) I see housing starts are up. Gee,  nobody saw that one coming, huh? Obama says “Debate ME not Michelle”. Fine. Mr Obama, when are you going to toss your wife und...
By: BitsBlog
BUBBLETALK - new thread to talk about the housing collapse
2008-07-06 10:22:00
What's on your mind? Post housing bubble / housing crash article highlights, use tinyurl, let me know what I missed, and have a good chat
Guns in the Housing Projects?
2008-06-28 05:34:00
Guns in the Housing Projects? While we were graduate students we and a few other students were invited to live in the General Grant Housing Project on 125th in lower West Harlem. The aim was to initiate some desegregation there where virtually all residents were either African American or Latino/a. It worked ...
BUBBLETALK - new thread to talk about the housing collapse
2008-06-19 06:51:00
Here's the thread for random thoughts, articles you think I should post (use tinyurl and don't post full articles) and general discussion about the housing crash underway
Housing crisis hits 90210 'hoods
2008-06-10 16:41:00
This 5 bedroom, waterfront home is new to the market in Medina, Wash. and listed at $8.9 million. Quick Vote Which issue should McCain and Obama make their highest priority?
By: Get rich
Housing crisis hits 90210 hoods
2008-06-10 14:55:00
This 5 bedroom, waterfront home is new to the market in Medina, Wash. and listed at $8.9 million. Quick Vote Which issue should McCain and Obama make their highest priority?
By: Get rich
Spring 2008 Housing Market Outlook for the GTA
2008-06-10 09:21:00
I just wanted to pass on some highlights from the Spring 2008 Housing Market Outlook for the GTA. I am sure you will find this information useful. Here are some highlights: “More home buyers will meet their housing needs through the purchase of an existing home, in response to increasing choice in the ...
Cranston Comprehensive Plan Draft: Now Available Online
2008-06-09 19:17:00
As promised by the Planning Department, the drafts from sections of the Comprehensive Plan Update are now online for residents to download and review. The drafts of the following sections are posted online: Historic Preservation, Housing, Natural/Cultural Resources, Open Space, and Services & Facilities. The Introduction to the Comp Plan is also there. ...
Is Greenspan’s housing ‘froth’ distasteful after 3 years?
2008-06-09 09:00:00
Three years ago today — June 9, 2005 — then-Fed czar Alan Greenspan gave real estate watchers a new word: “froth.” He told Congress: Although a “bubble” in home prices for the nation as a whole does not appear likely, there do appear to be, at a minimum, signs of froth in some local markets where home prices seem to have risen to unsustainable levels. … plus, he said … The apparent froth in housing markets may have spilled over into mortgage markets. The dramatic increase in the prevalence of interest-only loans, as well as the introduction of other relatively exotic forms of adjustable-rate mortgages, are developments of particular concern. To be sure, these financing vehicles have their appropriate uses. But to the extent that some households may be employing these instruments to purchase a home that would otherwise be unaffordable, their use is beginning to add to the pressures in the marketplace. If you can stomach more, full text of the speech IS HERE! And here&...
Mekong Housing Bank to Sell $123 Million in Certificates of Deposit
2008-06-09 08:38:00
Mekong Housing Bank, a Vietnamese state-owned lender, said it plans to raise 2 trillion dong ($123 million) selling certificates of deposit to ensure it has sufficient working capital. The Ho Chi Minh City-based bank will sell dong-denominated certificates of deposit which yield as much as 15.8%, and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
5 - Tracking the Arcadia and San Gabriel Valley Housing Marke
2008-06-08 00:00:00
This is an informative web-log chronicling the real estate market in and around the city of Arcadia, California.
Where presidential candidates stand on housing...
2008-06-07 18:25:00
Where McCain and Obama stand on housing WASHINGTON - June 6, 2008 - As the race for the presidency shapes up as a contest between Sen. John McCain, the presumptive Republican nominee, and Sen. Barack Obama, who claims the Democratic nomination, here are their initial positions on housing and related economic issues. McCain: 1. Proposes to spend up to $10 billion to allow some homeowners to trade high-interest, adjustable-rate mortgages for fixed-rate loans. 2. Proposes a suspension of the 18.4-cent federal gas tax and 24.4-cent diesel tax during the summer. 3. Supports a middle-class tax cut by doubling the personal tax exemption for dependents to $7,000. 4. Calls for a simpler tax system with two tax rates and a generous standard deduction. 5. Supports making permanent the 2001 and 2003 income tax cuts and proposes cutting the corporate tax rate to 25 percent from 35 percent and allowing businesses to immediately write off capital expen...
Insider QA hears housing to be ‘healthy’ by ’09’s e
2008-06-07 09:42:00
Steve Rodgers took over late last year as CEO of Prudential California Realty, overseeing more than 90 offices from San Diego to San Luis Obispo area, including 21 in Orange County. The company is owned by Home Services of America, a division of Warren Buffet’s Berkshire Hathaway. We asked him recently how Prudential California is weathering the housing slowdown and his view of the market in O.C. Us: How has the slowdown in home sales affected Prudential California’s O.C. operations? Rodgers: The slowdown in the real estate market has caused us to look at all company expenses, streamline our budgets. We have streamlined some of our sales staff. There has been a natural attrition; some Realtors are committed to real estate as their sole profession and have stuck. Other agents have expressed interest in, and have moved on to, other endeavors. We have consolidated some offices in Orange County and all Southern California, where there was redundancy — two or more offic...
Champ Holyfield in housing trouble
2008-06-07 05:43:00
I have no idea how you can make so much money and lose it. First of all, I’m pretty sure that you don’t need a 56,000 sq foot house. Evander Holyfield’s house is being foreclosed. It seems the bank wants its money. 3 wives. 11 children. Add up to ...SHARETHIS.addEntry({ title: "Champ Holyfield in housing trouble", url: "http://www.whereistheoutrage.n-et/wordpress/2008/06/06/champ-h-olyfield-in-housing-trouble/" });
No End In Sight For U.S. Banking Crisis
2008-06-07 05:31:00
The Wall Street Journal, with a little bit of help from federal regulators, managed to torpedo hopes earlier today that the United States was approaching an end to a banking crisis brought on by the housing bust. Michael Corkery, Jonathan Karp, and Damian Paletta wrote: Until now, most of the damage to banks from the ...
Idico urban and housing developer mobilises idle capital from shareholders
2008-06-07 03:23:00
Idico Urban and Housing Development Investment Joint Stock Co (coded UIC) recently passed the plan to mobilise capital from the 2007 dividend payment and idle capital from shareholders. Last year, UIC made a total revenue of 510.781 billion dong and 14.265 billion dong from pre tax profit, which is expected to be 705... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
All Good Housing News, All The Time
2008-06-07 02:43:00
It amazes me how much adults can revert back to acting like children. Confronted with a harsh economic reality, I see more and more people refusing to acknowledge what is actually going on around them. On a day when the New York Times ran a story that said almost one in eleven mortgages ...
Can You Still Stop Foreclosure In The Current Housing Crisis? Posted By :
2008-06-07 00:19:00
In spite of reports stating foreclosures are showing evidence of decline in some states the overall numbers are still increasing nationwide. With over a million loans in default and more expected now through the end of 2008 the overall outlook is bleak. A recent study by United College Marketing Services has shown that student credit lines have increased to over $6,000. Credit card usage has tripled since 2001 amongst teenagers as well. Since eighteen year-olds in many countries and most U.S. states are eligible for a card without parental consent or employment, the likelihood of increased balances, unwise use of credit and damaged credit scores increases. Read more about Finance and Credit.
So What Do The Experts Think Of The Housing Bailout?
2008-06-06 17:29:00
Interesting article on Bloomberg today discussing the proposed FHA backed "voluntary" housing bailout proposed by Congressman Butt Pirate Barney Frank (D-MA) and Sentaor Shit Eater Christopher Dodd (D-CT).As you know I am against it. But it passed the House 266-154 and would consist of FHA (meaning you and me) insuring 300B worth of already toxic and unaffordable mortgages in the hopes that this will save the housing market and, by extension, the economy.As usual Congress doesn't have a clue. Here is what some of the people in the mortgage / finance industry had to say about it.Part of the plan is changing the terms of the loan so it is more affordable. But what happens if the borrower still defaults?``Clearly, if you recast the mortgage lower and it still goes bad, you're just prolonging the agony and making the loss severity worse than it is now,'' said Frank Castro, formerly chief credit officer at GSC Group and managing director of structured finance research at Merrill Lync...
Realtors Getting Kicked When They?re Down
2008-06-06 04:02:00
These days, I may not be so happy, after all After all that I have gained I still feel sad when I?m all alone I may have felt that path? Decay? I may not be so swift, after all All the chances you have given me I just let you go -The Rentals, ?These Days? (1995) As if the times weren’t tough enough ...
Housing Bubble ? 5 biggest mistakes by real estate investors
2008-06-06 01:02:00
The housing bubble left many investors with empty pockets. There are many people talking about real estate housing bubble for years now. (...)
3 Captivating Housing Stories: Trouble in the 90210: When Beverly Hills I
2008-06-05 20:40:00
The bigger they are, the harder they fall. That mantra is now being witnessed first hand by many prime areas of Los Angeles County. Luxury properties have a very specific and niche based market. They cater to a very unique audience that usually resides outside the confines of the average ...Related Posts:?Real Homes of Genius: Today we Salute you Beverly Hills. When the 90210 Simply Isn’t Enough.?10 Percent Unemployment in California: Which Counties are Hurting the Most and What it Means for Housing.?Foreclosures jump statewide by 40% in California in just one quarter! Welcome to California?s Gold!?How Many People Overpaid for Their Home in Los Angeles County? Trying to get a Raw Number of Households Underwater.?This Housing Mess is Getting Ugly and Your Face Shows it. Unintended Consequences of Lost Home Equity.
The housing depression
2008-06-05 13:22:00
According to CNN Money: Toll Brothers head says market could fall by 20% and recovery could be up to three years away PHILADELPHIA (AP) — The chief executive of Toll Brothers Inc., the nation’s largest luxury-home builder, said Wednesday the housing industry is in a “depression” and any recovery could be two or three years away. In candid ...
Steady GTA Resale Housing Market in May
2008-06-05 11:58:00
Steady GTA Resale Housing Market in MayTORONTO, June 4, 2008 — The Greater Toronto Area resale housing market recorded 9,411 transactions in May, Toronto Real Estate Board President Maureen O’Neill announced today. On a year-over-year basis the GTA average price increased four per cent to $398,148 in May from the May 2007 average of $382,787. Prices ...
Product review: Canon G9 with Canon WP-DC21 housing and Inon UCL-165 closeu
2008-06-05 02:52:00
Phew, long post title.... Here's the Canon housing for the G9, and the same housing with a Duron M67 adapter and two Inon UCL-165 closeup lenses added on to the housing. Pat and I recently picked up Canon G9 cameras and their associated Canon housings. We really love macro shots and saw some amazing stuff on one of the scuba message boards several months ago and were lusting for whatever allowed those pictures to be taken. After some sleuthing, not all posters want to share for some reason, we found the trick was by adding Inon UCL-165 closeup lenses. This is a common practice by some people who have housings with threaded ports, you can add "wet" lenses to in effect get either closer or a more wide angle look. The Canon G9 and other simialar series Canons however have an oval port, which requires a 67 millimeter threaded adaptor. The one we found is manufactured in France and is readily available through one or two Japanese mailorder houses (google Yuzo Kanda to find the one...
Write Downs, Credit Losses Approach $400 Billion Mark
2008-06-04 23:29:00
From Bloomberg yesterday: The biggest banks and securities firms have booked about $387 billion of writedowns and credit losses since the beginning of last year, as the collapse of the U.S. housing market led to losses on securities tied to the value of home prices. Source: ?Wachovia?s Thompson Joins Prince, O?Neal Toppled by Subprime? Peter Robison Bloomberg, June 3, 2008 Share ...
Wall Street Strategists Warn Of ?Credit Recession? Lasting More Than Two Ye
2008-06-04 23:01:00
Earlier today, some Wall Street strategists sounded the alarm over a ?credit recession? which may last more than two years and result in a massive consolidation of the U.S. financial sector. Reuters? Jennifer Ablan, Dena Aubin, and Walden Siew reported: The fallout from deteriorating subprime mortgages and the broader housing and credit crisis will eventually ...
Forget ‘08 and ‘09! Housing’s recovery seen far off
2008-06-04 21:23:00
What major builders are saying today … • “I believe the industry will continue to face rising pressures for certainly the next 12 to 18 months,” said Don Tomnitz, D.R. Horton’s president and chief executive, adding that “2010 will be the earliest we get a more solid homebuilding environment.” (Read MORE HERE!) • The chief executive of Toll Brothers Inc., the nation’s largest luxury-home builder, said Wednesday the housing industry is in a “depression” and any recovery could be two or three years away. (Read MORE HERE!) That pessimism was echoed by Zacks.com builder stock analyst Mario Ricchio: “We continue to recommend underweighting housing and housing-related stocks. The builders have another six to eight quarters of poor earnings ahead of them. Given the prospect of a further decline in housing starts, lower median home prices, and aggressive incentive use, industry profit margins ar...
Royal LePage Housing Report On Price Appreciation Over 10-Year Period
2008-06-04 14:58:00
CANADA’S URBAN ENCLAVES APPRECIATE MORE THAN SUBURBAN SURROUNDINGS OVER 10-YEAR PERIOD; HOWEVER, PRICES IN BOTH AREAS DOUBLE A mature house near the subway or a new home with a big yard; both... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
April Sales: Still Not Looking Good for the Housing Market
2008-06-04 10:50:00
From a report released by the National Association of Realtors, it seems that home sales for the month of April slowed down. It is therefore not surprising that inventory of homes for sale soared by 10 percent and home prices dropped by 8 percent.
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