Tuesday, February 26, 2008

Yet Another Bad Month for the Case-Shiller HPI

From their respective peaks through December, the low, mid, and high tiers were down 26.3%, 21.0%, and 13.1%.

The tally for calendar year 2007 was: -23.1% for the low tier, -16.0% for the middle tier, -8.6% for the high tier, and -15.0% overall.

Yet Another Bad Month for the Case-Shiller HPI | Piggington's Econo-Almanac | San Diego Housing Bubble News and Analysis

Friday, February 22, 2008

URI Foundation Donation

Not the most noble reason to make a donation, but URI provided me the education to get out of Rhode Island.
I'm sure Rhode Island is a nice place for many, but 21 years of my life there was enough ! I hope this helps:

Sunday, February 17, 2008

Music Video Retro Flashback

I added the YouTube Video Player at the bottom of this blog, and it appears I have gone back and found lots of old stuff like:

Kate Bush, Aimme Mann (and some old Til' Tuesday stuff), Veruca Salt (and some Nina Gordon). Rilo Kiley (and Jenny Lewis with Watson Twins), etc .....

Got some Sarah Silverman comedy stuff in there, too !

Not all of my videos are showing up in the player,
so you can access them all here

Flame Wars: The Street Says Mac Users are Pretentious Assholes, PC Users are Cheapskates

Flame Wars: The Street Says Mac Users are Pretentious Assholes, PC Users are Cheapskates

Saturday, February 16, 2008

Home loans failing at record rates; foreclosures up 257% over Jan. '07

Marc Carpenter, a San Diego real estate agent who specializes in defaults, says sometimes it's better for consumers to go into foreclosure than to keep sinking into debt.

One of those people is Dave Pierce, a veteran real estate agent who recently went into default on a five-bedroom, 3,864-square-foot Torrey Highlands home, which he bought for about $1 million 3½ years ago.

Despite his 30 years in the real estate business, Pierce says he misjudged the market, getting in over his head with financing much like thousands of other San Diegans. He can't refinance his loan because his home is now worth far less than he paid for it. He is seeking permission from his lender to do a short sale, selling the home for $790,000 and repaying less than the full amount of his loan.

SignOnSanDiego.com > Home loans failing at record rates; foreclosures up 257% over Jan. '07

Thursday, February 14, 2008

Three's Company

That's 3 REALTORS® on the same small cul-de-sac all foreclosing away.
Bubble Markets Inventory Tracking: Three's Company

I was wondering how many realtors were out there,
so I went to the National Association of Realtors website
Found this Nice table of members

A graph is worth more than a table, so I made one



It looks like 750,000 realtors were enough for several decades.
Now about 1.3 million, almost twice as many as we need ?

Saturday, February 02, 2008

Hillary Housing Care

No need to be responsible.
If you made a bad decision,
the rest of us will bail you out !

Video - CNBC.com