Having over eight years' worth of blog posts means all types of kooky things happen regularly - usually regarding comments left on old stories. Yesterday's comment-du-jour went back to June, 2011, which caused me to read a few other comments of the day. Reader LM left...
The hedgies got fired up this week over RealtyTrac's report of California foreclosures rising 57% last month - the post is featured at the top of their front page, and has great comments: www.zerohedge.com. At first glance, it would support my theory that banks...
Reader avgjoe took exception to the whole idea of foreclosures in this environment. Yesterday he said, "There are still people around me getn a free ride after 5 years. The banks have limited inventory by not foreclosing on people hoping for a bigger payday. Lets get...
From DSNews.com: As home prices improve and headlines spell out recovery, those on the ground in housing markets across the country are encountering a new threat: “zombies.” These so-called “zombie” foreclosures take place when a bank initiates foreclosure on a...
Hat tip to Booty Juice for sending in Nick's article on the Las Vegas market- and the effects of halting foreclosures: http://online.wsj.com/article/SB10001424127887323687604578467260571838502.html You'll need to be a subscriber to read the full article - but here are...
Hat tip to Ken for sending in this article from Forbes: http://www.forbes.com/sites/morganbrennan/2013/06/24/3-reasons-the-bubble-like-surge-in-home-prices-wont-last/ An excerpt that suggests one reason why prices are going up: In some cases banks are choosing to hold...
