And the $hitstorm grows ever more with no end in sight....OWP The New York Times August 4, 2008 Housing Lenders Fear Bigger Wave of Loan...
As predicted much earlier in this thread, the home builders are starting to fail. They have taken many months to burn through cash on hand and now...
Wonder where all the housing bulls have gone from this thread??? Check this property out, it last sold sold 11/09/2007: $571,500. Zillow...
Either someones random thoughts.....or maybe...could it be....still more visual symptoms of the end of the biggest credit bubble in history, the...
I have heard that lenders are so buried that they don't even send notices for many months to home owners that are behind. Probably thats why the...
Nice chart, it will be wild to see the other side of that wave too. I hear that the chart of the NOD's is even wilder. OWP
Yup...during the last real estate blowout (early-mid 90's) DHI traded as low as a buck and change. There is a reason all the owners of these...
SoCal home woes could mean 50% price drop June 20th, 2008, 12:02 am Economist Chris Thornberg said Southern California home prices likely...
"Its just a flesh wound" (ignoring two gangrenous legs)....OWP
Zillow or not real estate is going down fast. This web site...(see chart) http://recomments.blogspot.com/2008/02/its-not-different-here.html...
That in a nutshell is the problem here, what ever happened to thinking of a house as a place to live? In the last few years morons just thought...
http://www.lvrj.com/business/15870347.html My favorite part of this article I link was the math. Total sales in January = 881 Number of...
Around the corner from me there is a house that sold for 440k on 12/14/2007. It had previously sold for 631k on 2/14/2006 ! Someone took a solid...
Very true...and due to the bubble popping in progress, millions have/will have negative net worth. Like this guy... "About eight weeks ago...
I for one appreciate hearing real words from the trenches...not clap trap from news orgs. I have been reading the same sort of stuff off the...
Un F'ing believable! Where do you start with this post.... Sure, those buyers will be right back! [img] OWP
Wow...after over two years Convert is here still trying. At least you are not trumpeting the latest DHI press releases anymore! (remember my post...
And this proves what exactly? That when looking through the rear view mirror that the sky is blue and that all is well? Big whoop. And...
Are these your neighbors? OWP http://cbs5.com/30minutes/local_story_266005029.html Brian is a Bay Area mortgage broker. "Michael" is his...
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