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News Archives
August 2009
| Friday, August 28, 2009 |
Condos sic judges on owners for back HOA fees
Orlando Sentinel
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Here in the land of perpetually overpriced homes, drunk on a little good news - MA
Boston Globe
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| Housing demand could snag on mortgage insurance Mortgage.freedomblogging.com |
How to Understand the Next Mortgage Crisis
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| Dishonest Realtors Come Clean in Time Magazine Lasvegassun.com |
| The House of Your Dreams, Nightmares AMERICANS aren’t just living the real estate collapse. They’re dreaming it. NYTimes.com |
Housing bottom premature. The clue? Foreclosure pipeline full
Daily Finance
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| FDIC's 'problem list' of troubled banks tops 400 Marketwatch.com |
Barney Frank says Ron Paul bill will pass
Washington Times
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In Depth: America's 100 Most Expensive ZIP Codes
Forbes
zips were ranked according to the median home price. Altos based its numbers on homes on the market as of Aug. 14, 2009, using Zoning Improvement Plan codes ...
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Brothers, facing foreclosure, sue broker, attorney
Connecticut Post
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| Thursday, August 27, 2009 |
More than half of Arizona mortgaged properties now underwater
Inside Tucson Business
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Las Vegas Home Sales Led by Foreclosures
TheStreet.com
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Beware The False Bottom In Housing
The Business Insider
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Fla. Court Wants Foreclosure Mediation
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| 4 Signs Your House Is About to Lose Value Despite signs that the real estate market is bottoming out, millions of homeowners are likely to find themselves in worse shape within the next two years. Realestate.aol.com |
| How Bernanke failed us Latimesblogs.latimes.com |
Loan Modification Misinformation
Examiner.com
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Freedom Fighters enjoy landmark win over the Federal Reserve
Examiner.com
A growing number of Americans are becoming frustrated with the corrupt nature of the Federal Reserve and are supporting Congressman Ron Paul's HR 1207, ..
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| Tuesday, August 25, 2009 |
Will the Home Resume Crashing After Tax Credit Deadline?
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More Foreclosures and Falling Prices on the Way in San Diego
... there's plenty of evidence of more foreclosures on the way, which would depress prices, say industry observers. San Diego-area median home prices rose Foreclosures to Keep Residential Market Down
San Diego Business Journal
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Housing: Still a Long Road to Recovery
BusinessWeek
One problem is foreclosures and other forced sales of homes. The National Association of Realtors estimates 31% of sales were "distressed transactions" in
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Economy drowning in underwater homeowners
Chicago Tribune
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Double-Dip Threatens Housing Recovery
Wall Street Journal
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Some saw the housing bubble and sold; trick now is spotting the bottom
Los Angeles Times
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California's unemployment rate hits record high
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California's housing depression could spread
The San Francisco Examiner
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25 Worst Real Estate Markets In The United States
NuWire Investor
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| 10 Reasons why there will be no Recovery in 2010 Financialoven.com |
THE FEDERAL RESERVE MUST DIE
Nolan Chart LLC
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Ladies & Gentlemen, Your 81st Bank Failure Of The Year
The Consumerist
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Obama to renominate Bernanke as Fed chief, scrutiny vowed
Reuters
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| Thursday, August 20, 2009 |
Guidelines threaten to derail housing recovery
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Study Shows Looming Health Crisis Tied To Nation's Housing Woes
Newsroom America
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Southern California Home Prices Fall on Foreclosures
Bloomberg
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House 'Under Water'? Do Like the Banks Do and Just Walk Away
AlterNet
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US mortgage bond yield premiums rise on Fed angst
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How Foreclosure Affects Your Credit Score
Ethiopian Review
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A loan modification becomes a nightmare for one unlucky Wells Fargo customer
Examiner.com
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Are Mortgage Companies Artificially Slowing Foreclosures To Boost Balance Sheets?
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Wells Fargo is sued over home equity lines of credit
Los Angeles Times
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Riverside County prices steady in July - CA
North County Times
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Deciphering The Good And Bad In US Housing
NuWire Investor
Foreclosures are still very high, making up about one-third of total home sales in June 2009. Housing construction is expected to increase only after the ...
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| Monday, August 17, 2009 |
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The New American Dream: Renting
Wall Street Journal
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Report: DC mortgages are $149 billion underwater
Examiner.com
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| Too Early For Housing Price Stabilization Mish's Global Economic Trend Analysis |
For bubble-timers, gauging the bottom is personal
Los Angeles Times
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Homeowners tell how banks failed to modify mortgages
Centre Daily Times
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No Down Bad Credit Home Loans - 5 Tips
Best Syndication
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As Inland home prices fall, affordability range widens - Southern California
Press-Enterprise
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Los Angeles school district will sharply raise taxes on property owners
Los Angeles Times
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| Friday, August 13, 2009 |
Foreclosures rise 7 percent in July from June
Daily Camera
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Nevada Leads in Foreclosures Again: Median Price Still Sinking
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Clock Ticking On $8000 Home Buyer Tax Credit
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WSJ: The Next Fannie Mae - FHA/Ginnie Mae
Forex Hound
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Housing Market Stabilizing...and other lies
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Denver-area home prices down 9.6% in a year - CO
Bizjournals.com
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Paul Krugman pays $1.7m for Manhattan apartment
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As homeowners head 'underwater,' another housing crisis looms
CNNMoney.com
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Why a Housing Rebound Could Take 20 Years
U.S. News & World Report
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| Buyer wants money back for townhouse "hell" Dailybusinessreview.com |
More US home sellers cutting prices: survey
Reuters
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The Federal Reserve Is Immoral
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| Wednesday, August 12, 2009 |
US housing still hurting
3 News NZ
Home prices fell at a slower rate in the second quarter compared to a year ago, but the persistent high level of "underwater" mortgages was a troubling sign ..
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Report: 25% of mortgage holders 'underwater'
USA Today
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East Bay homes with negative equity could pull down economy - CA
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The Strongest US Housing Markets
BusinessWeek
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US Home Prices Fall 12.1% In Q2 2009
istockAnalyst.com
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What If the Housing Bubble Never Happened?
BusinessWeek
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Fla. population shrinks for first time since WWII
USA Today
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The negative home equity nightmare: Housing won't stabilize until 2011
Daily Finance
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Who should we believe about our ‘economic crisis’? Peter Schiff, who got it right? Or Art Laffer, who got it wrong?
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Subprime troubles worsening, report says
SunJournal.com
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| Tuesday, August 11, 2009 |
Underwater Mortgages May Reach 30% by Mid-2010, Zillow Says
Bloomberg
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America's Best And Worst Housing Markets
Forbes
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Silicon Valley home price declines may spread to higher-end areas - CA
San Jose Mercury News
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US Q2 home prices fall, but rate slows: report
Reuters
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South Florida a hot spot for 'underwater' borrowers
Sun-Sentinel.com
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Home Prices Down in 13 Major Markets
Housing Wire
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Fed to dampen rate hike talk, halt Treasury buying
Reuters
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| Cash-strapped homeowners are finding short-sales are hard to come by SunSentenial.com |
| Fiat Money Created Out of Thin Air: The Bank Bailouts are Unconstitutional GlobalResearch |
IRS warns of First-Time Homebuyer Credit fraud
Boston Globe
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Builders Call on Congress to Extend and Enhance Home Buyer Tax Credit
Business Wire
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The Next Meltdown Will Come In 2012
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| Friday, August 7, 2009 |
Obama mortgage plan aids banks, not homeowners
World Socialist Web Site
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Fannie Mae reports $15 billion loss, asks US government (taxpayers) for $11 Billion!
OCRegister
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Housing begins to reverse 3-year recession in every US region, but 2nd Half Looks Rocky
Los Angeles Times
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Half of all mortgages to be underwater by 2011
BloggingStocks
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Southern California median home sales price surges in June
Los Angeles Times
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New wave of mortgage foreclosures may be coming
KTLA
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San Jose approves bailout of underwater loans to former police auditor
San Jose Mercury News
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A Mortgage Watchdog Group Is Born
New York Times
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The future for mortgage brokers: Back to square one?
National Mortgage Professional Magazine
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Bernanke Fights House Bill To Audit The Fed
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Mortgage-Bond Yields Rise to Two-Month High; Rates May Climb
Bloomberg
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Robert Shiller on Housing Speculators: If You Can Beat 'Em, Join 'Em
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| Tuesday, August 4, 2009 |
End of US housing slump? Not exactly
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Housing Remains in Deep Slump Despite Recent Uptick
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Banks Urged to Consider Higher Home-Equity Reserves
Bloomberg
Home prices in 20 large US cities have dropped 32 percent on average since peaking in July 2006, according to the S&P/Case-Shiller index. ...
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High-End Homes Frozen Out of Budding Housing Rebound
Wall Street Journal
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| Housing affordability and minimum-wage earners Las Vegas Sun |
| Is the Housing Bottom in, or is this just a Seasonal Uptick? Mish's Global Economic Trend Analysis |
Condo conversion values plummet farthest in housing bust
Palm Beach Post
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End the Fed? A not-so-crazy idea.
Christian Science Monitor
Congressman Ron Paul's bill may never pass, but history suggests the US economy would be better off without the Federal Reserve. By George Selgin Athens, ...
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Pulte Reports Loss as Homebuyers Prove Hard to Lure
Bloomberg
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| Monday, august 3, 2009 |
New wave of mortgage foreclosures may be coming
33 KDAF-TV
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South Florida condo conversions collapse
MiamiHerald.com
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Revealed: Realtors' incomes
Sarasota Herald-Tribune
Experience counts: The median gross income of a Realtor with two or fewer years of experience was $8100; it was $20700 among those with three to five years ...
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Home-price decline's halt may be final, or just pause
Las Vegas Sun
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| Obama Is Delaying the Economic Recovery American Spectator |
Realtor economist not ready to call bottom
OCRegister
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How a Housing Bubble Burst Into a Global Financial Crisis
Voice of America
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California's default rate soars to 9.5%
Los Angeles Times
About 1 in 10 Californians with a home loan is now in default, and there's growing evidence that the mortgage meltdown is spreading to ...
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