No matter who is riding inside, this is always a great sight - photo by Chris Stone: See the rest here.
Month: September 2011
SD Case-Shiller Index – July
From the wsj.com: U.S. home prices rose in July from a month earlier with a boost from seasonal demand, but were down from 2010 levels, according to the Standard & Poor's Case-Shiller home-price indexes. The housing market has been struggling to recover due to...
Leucadia West of I-5 Over $1M
In 2010, there were 19 detached sales over $1,000,000 west of the I-5 freeway in Leucadia. (roughly the area on map page 1147A,B, and half of C) This year, 22 have already closed, and Tyvek Estates and the Leucadia Collection are just getting started for about the...
Global Financial Collapse
Hat tip to Michael for finding this youtube of the documentary done a couple of years ago by a Canadian film company about the global financial crisis.A certain part-time blogger is featured at the 3:52-min. mark, with his concerns. Daniel mentioned it again today and...
San Diego Is #1!
Although NAR is urging realtors to contact their congress-people to whine about how lowering the loan limits will cause the world to end, it appears that Fannie/Freddie/FHA max loan amounts will be dropping next week. Hat tip to DS for sending this along, from Yahoo...
Setting Up December’s Bottom?
From HW - with no mention of last year's tax credit: The Standard & Poor's/Case-Shiller 20-city composite home price index, which will be released on Tuesday, likely rose 1.2% in July from the previous month, a Zillow Inc. forecast showed. The Case-Shiller, a key...
More on August’s NOD Blip
Hat tip to SM for sending this along, from Yahoo.com: It's no secret that Bank of America wants to put its mortgage-related woes behind it. But it appears that a key $8.5 billion settlement with large investors is playing a role in pushing many more people into...
Loans and Age Discrimination
Here's our next test of the short sale market. It exemplifies a risk that banks may be considering when deciding how much of the mortgage market they may want, once the government gets out:
Waiting Until Rates Rise
Excerpted from the latimes.com: The Federal Reserve's latest effort to prop up the economy has dropped mortgages into once unthinkable territory, with 30-year fixed-rate loans available for less than 4% — a record low. For people lucky enough to still have their...
Is U.S.A. Next?
Hat tip to Daniel for sending this along, from Spiegelonline: The people who could ultimately give Greece the coup de grace are not the kind to throw stones or Molotov cocktails, and they have yet to torch any cars. Instead, they are people like 60-year-old beverage...