Magic word

The magic word for today is....."prolonged deterioriation in housing ", this is singularly the most important sentence in the whole article; click here

smoke and mirrors?click here

Different;click here couldnt the same be said about residential re????

The green eyed gremlin of greed....click here

GMAC

click here cars and homes......speaking of which, GMAC is the proud owner of 55 broward properties as of today, I never knew they did home loans.....

thanks 140 we saw the article about fannie renting earlier: here it is from wsj:click here or everyone will have a house whether they want one or not...almost... some of these loans as I understand could be more than 600k? I might be wrong.amazing. everyone wants to prop things up. or is so sure that the inflated prices of earlier will return and are doing their level best to assure same. not.....

Here is a goodie a friend sent to me: The housing bust final chapter:
click here

272 a day, act surprised would you.....click here

Game

why the game is rigged;click here and then there's the shadow inventory being held back by banks who want to manipulate the market. If I owned almost 1k properties I would probaby do the same thing.

short sales: click here

clogging:click here

Deliberate:click here or put options in real estate 101.

walking away

click here I know someone who did this, took the money borrowed and bought another home in another state and now is getting that loan refinanced, amazing. Im doing something wrong here....

How to get 100k a year tax free almost.....we happened to know someone who lives in this neighborhood, lien here:click here pur chase here:click here .you can now view foreclosure sales for sarasota county with calendar at: http://www.sarasota.realforeclosee.com, looks like lots more in the pipe line. note these are not liens but sales. house is a tear down in our opinion be interesting to see what it eventually sells for.

with all the hype its difficult to know whats real when the person telling you something has a vested interest in convincing you of something.

speaking of shadow inventory: (broward records only)
bank ownership as of 11/3/09, note some may be actual banking sites, commercial property etc.

deutsche 971
hsbc 326
jp morgan 18
regions 24
wamu 83
us bank 419
la salle 123
wells frgo 412
chevy chase 12
aurora 216
b of a 184
wachovia 119
bnk of ny 297
bnk of ny mellon 136

300Billion and counting:click here

Over

far from over or the fat lady hasnt sung:click here
waiting for the mcmansion to drop:click here

43 percent..... believable,

click here

How come none of the local rags are dancing in the streets from yesterday pending sales/???hmmmmmmmm

ah.. pending home sales:click here

slashed

click here how bout they were over priced to start with?

Foreign:click here

Kings X:click here

History of home values;click here

Faux numbers;click here

more drywall:clickhere

Holes

gaping holes that is, in option arms;click here

Over and over/click here

I didn't know this, chinese drywall and taxes: click here which brings to question, if someone is looking at property and finds a tax reduction due to stated drywall issues, would not that bring a question mark as to anyone wanting to purchase????? or you cant have it both ways.

more bad press;click here

Moodys

problems with Alt A and other products:click here

google and real estate: click here

this is very cool: crime reports on a map for pb county: click here

Rigged

the game is rigged but then you knew that....click here

Shiller speaks:click here we love the comments, especially about the shadow inventory.

Vacant: click here

Auction:click here

Sliders

Mortgage applications that is: click here

Dippidity do down:click here

stuck:click here

Foreclosures worst cities:click here

million

3 million and counting that is: click here

New home sales:click here

More plumping:click here

Foreclosures falling;click here wonder why that is?? courts jammed up ?

case shiller

fails to tame the bears: click here

Uncle adds 5 percent to price of housing:click hereso sayeth the banksters.

2010:click here

hard road

long road back, click here

Foreclosures:click here

more later after the numbers come out.

Unhealthy

this is unbelievable this is still.... going on. click here

Fantasy housing numbers: click here

We like the comments on this one, especially, a mortgage is nothing more than a put option.....click here interesting comment.

Real estate agents are not lawyers:click here and shouldnt be considered financial advisers either in our opinion.

" dumb as lawn furniture"? click here

Rising

Foreclosures that is: click here

Walking away: click here

shadow market; click here

walkaways in south florida:click here

2010

This article is calling for March 2010 but we have seen lots of properties that have recas dates of August 2010 if that means anything. click here

Existing home sales:click here we wonder, with reported abuse of the tax credit, no money down scams, just how much of this is organic and how much is get rich quick schemes?

Short sales;click here

Deeper look at the data:click here

scams

more scams in housing: click here

More fraud discussion: click here

Foreclosure profits:click here and then there is the Florida Default law group, who seems to have hit a home run.

We read in the review that banks are going to start going after debtors for judgements for balance due on mortgages. the article mentioned colleciton agents etc. after foreclosures and short sales.

why the tax credit is toxic:click here

Mortgage

applications plummett: click here

Freefall:click here

Another leg down: click here


retreat:click here

Homebuilder

click here the home builder blues.

Yesterdays report;click here

Avoidable continue:click here

You knew this was going to happen....click here

It's back.....clickhere

Prices to fall further:click here

flipper

folly: click here

banks more receptive:click here

massive shadow inventory:click here

clogging: click here

we are 29th:click here

rents

rents and job, or 50k people lose jobs in florida: clickhere did I read this correctly.

meanwhile the used house sales men are dancing in the streets :click here huh.... how about from yesterday one in four are in foreclosures????? I dont get it....

and new home continues to to fall click here

backlog: click here

The villagers are restless: click here

Miami

one in four in florida: click here

25 million and counting: click here

FHA :CLICK HERE

2010:

click here

Florida

only in Florida... or so it seems, click here

The FHA incompetent, imagine that...click here

Florida unemployment highest in 24 years: click here

Lessons; click here

higher

and higher: click here

Foreclosures jump: click here

Hopeless:click here

Its a disaster: click here

wellington

the crooks in wellington got indicted:click hereat least some of them did.I wonder how wide spread this is. you will never know.... how bout those fish eh...

glug glug: click here

Flippers folly: here's one owned by la salle bank took them almost 3 months to decide to sell it; listing here: click here

Purchase/foreclosure here: click here and of course every salesman I ever talked to is sending me this listing not mentioning of course that its a repo.

I wonder how the flippers on the next streets feel about this:

I call this one a jack in the box, now you see it now you dont because they keep taking it off the market an putting it back on 3 times I have noted:
listing here;

click here this time staged, with some furniture.
purchase here; click here

then there is wachovia who owns 3317 NE 39th:

click here

and HSBC who owns the house across the street: click here

and flipper here: click here
purchase here; click here

Then there's Engle homes, hope nobody who bought one of these has any issues,
like chinese drywall or anything else, seems they are out of luck,
click here

Foreclosure worst of all time !!!!click here