The mainstream media is fond of quoting the ivory-tower guys who all blame incomes, tight money, unemployment, foreclosures, shadow inventory, tax-credits, etc., for our housing woes. It is surprising that anyone else can get a word in - I wonder if anyone can hear...
You know by now that the banking lobbyists must be working overtime trying to convince Congress to sweep the MERS debacle under the rug. This video doesn't have the answers, but at least it brings the issues to the forefront. The best is a quote by Thomas Jefferson...
From our friend Nick at the WSJ: In April, the Obama administration formally rolled out a new program, called Home Affordable Foreclosure Alternatives, that was designed to spur more short sales, where banks allow homeowners to sell their homes for less than the...
The Case-Shiller Index is out for September. In San Diego it dropped 1% from August, the second consecutive monthly decline. What will it mean? It'll mean homebuyers will want to wait some more. San Diego C-S Index gain/loss since: 1 year ago: +4.96% 2 years ago:...
Welcome back from the long holiday weekend everybody - hope it was great! I took off the last five days to help my mother with moving, so I'm just getting back in the swing. After checking the November sales yesterday (repeated below), the pendings for this month...
Hat tip to Kingside for sending this along, after seeing the video on the 6-day construction of a Chinese office building - from the WSJ, dated June, 2009: A nearly finished, newly constructed building in Shanghai toppled over, killing one worker. As can be seen in...
From the nctimes.com: In its bid to gain local control of the state-owned Del Mar Fairgrounds and racetrack, the city of Del Mar is betting big on a trifecta of Arizona businessmen and horse owners ---- Michael Pegram, Karl Watson and Paul Weitman. If they can line up...
From the WSJ: Here’s a rarity: A $39,900 house in Manhattan’s West Village, where townhomes often go for millions. On Monday afternoon at the corner of Washington and Charles Streets in the West Village, entrepreneur Michael de Jong stood in a winter coat, giving...
As we're wrapping up the holiday weekend, I'm running a little thin on material. There are at least eight guys in the world who have the name James Klinge. One is an artist - here is an example of his work below:
