Archive for August, 2007

31st August

Record Foreclosures in Key West… and other foreclosure news!

  1. Record Foreclosures in Key West, FL (keywestchronicle.blogspot.com)
  2. Subprime loans face big hikes (csmonitor.com)
  3. Flippers fuel foreclosures (money.cnn.com)
  4. Fed in no rush to cut interest rates (money.cnn.com)
  5. House Buyers Forced to Change Tactics (washingtonpost.com)
  6. Cleaning Up on the Meltdown (businessweek.com)
  7. Contraction in housing market to be worse than expected (forbes.com)
  8. Housing sector faces crappy 2008 (pbn.com)
  9. Yen Gains As Traders Shun Riskier Assets (bloomberg.com)
  10. US housing crash reminds England due for correction (telegraph.co.uk)
  11. San Francisco Prices Down 4% (latimes.com)
  12. Examining the Psychology of the Housing Industry (drhousingbubble.blogspot.com)
  13. Environmentalists and the Housing Crisis (counterpunch.org)
  14. Countrywide Played Huge Role in Housing Crisis (efinancedirectory.com)
  15. Grab a rope: It’s time to lasso some personal responsibility (seattletimes.nwsource.com)
  16. Schneider Small Cap Fund Sinks to Last Place on Mortgage Stocks (bloomberg.com)
  17. Pigs Borrow Too Much, Pay Later (time.com)
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31st August

San Francisco Prices Down 4% … and other foreclosure news!

  1. Record Foreclosures in Key West, FL (keywestchronicle.blogspot.com)
  2. Subprime loans face big hikes (csmonitor.com)
  3. Flippers fuel foreclosures (money.cnn.com)
  4. Fed in no rush to cut interest rates (money.cnn.com)
  5. House Buyers Forced to Change Tactics (washingtonpost.com)
  6. Cleaning Up on the Meltdown (businessweek.com)
  7. Contraction in housing market to be worse than expected (forbes.com)
  8. Housing sector faces crappy 2008 (pbn.com)
  9. Yen Gains As Traders Shun Riskier Assets (bloomberg.com
  10. US housing crash reminds England due for correction (telegraph.co.uk)
  11. San Francisco Prices Down 4% (latimes.com)
  12. Examining the Psychology of the Housing Industry (drhousingbubble.blogspot.com)
  13. Environmentalists and the Housing Crisis (counterpunch.org)
  14. Countrywide Played Huge Role in Housing Crisis (efinancedirectory.com)
  15. Grab a rope: It’s time to lasso some personal responsibility (seattletimes.nwsource.com)
  16. Schneider Small Cap Fund Sinks to Last Place on Mortgage Stocks (bloomberg.com)
  17. Pigs Borrow Too Much, Pay Later (time.com)
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30th August

What were they thinking?

Long story, but I was searching for some information about a person who I may be working with that has also worked for Billy Blanks of Tae-Bo notoriety. Being the diligent businessman that I am, I wanted to research who this person had done work for in the past. WHen I did a search for Billy Blanks, this is the first video that popped up. If this doesn’t make you crack a smile, you ain’t breathin!

Billy’s Especially Fun when you’re Drunk!

Add to My Profile | More Videos

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30th August

Housing Crisis Keeps Buyers on Sidelines … and other foreclosure news!

  1. Price Decline to Accelerate - Count On It (buttonwood1792.blogspot.com)
  2. House prices suffer worst fall in index history (news.yahoo.com)
  3. U.S. Housing Numbers: Bad and Worsening (seekingalpha.com)
  4. But The Worst Is Yet To Come (safehaven.com)
  5. Oversupply of Rentals Weighs on Builders (nbnnews.com)
  6. Subprime Mortgage Woes Spreading To High End (biz.yahoo.com)
  7. Subprime inflicts new damage as banks seek cash (news.yahoo.com)
  8. Miami has 23,000 condos on market (sun-sentinel.com)
  9. In Washington, Aid to Real Estate Gamblers Debated (nytimes.com)
  10. ‘Subprime Chuck’ Schumer Plays Fool in Crisis (bloomberg.com)
  11. Median price, sales of houses decline in FL (flatoday.com)
  12. FL foreclosure cases being filed at fastest rate in 30 years (floridatoday.com)
  13. House loan nightmares grow in Idaho (idahostatesman.com)
  14. Some of the Biggest Upside Down Flippers are Realtors (rocktrueblood.blogspot.com)
  15. Lenders Stop Offering House Equity Loans (efinancedirectory.com
  16. What Will Fix the Mortgage Mess? (businessweek.com)
  17. Housing Crisis Keeps Buyers on Sidelines (nytimes.com)
  18. Mortgage Applications Drop As Rates Rise (bloomberg.com)
  19. Fund managers reaped windfalls trading housing debt (kansascity.com)
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29th August

Prices keep falling … and other foreclosure news!

  1. Glut of houses hits 16-year high (money.cnn.com)
  2. House Prices: Steepest Drop in 20 Years (biz.yahoo.com)
  3. National median price not to return to peak for more than a decade (blogcritics.org)
  4. Calculated Risk: ARM Reset Charts (calculatedrisk.blogspot.com)
  5. Why gazillionaires are begging the Fed to cut interest rates (slate.com)
  6. Biggest Threat to the U.S. Economy is Subprime Defaults, Not Terrorism (efinancedirectory.com)
  7. How Owner’s Equivalent Rent Duped the Fed (seekingalpha.com)
  8. Let the prices fall, let markets find their equilibrium (eyeonmiami.blogspot.com)
  9. How to lowball a house seller (articles.moneycentral.msn.com)
  10. It’s not even a buyer’s market; it’s a nobody market. (sfgate.com)
  11. The Housing Demographics of Los Angeles (drhousingbubble.blogspot.com)
  12. South Florida housing sales stay sluggish (miamiherald.com)
  13. Subprime mortgage: state by state (money.cnn.com)
  14. Is the housing crash finally here? Sellers say yes (palmbeachpost.com)
  15. Subprime Crisis Hits Municipal Bond Market (seekingalpha.com)
  16. Blight moves in after foreclosures (latimes.com)
  17. Prices keep falling (video - cosmos.bcst.yahoo.com)
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28th August

Jack Sternberg IS Real Estate

In the high end elite real estate investment circle, they call Jack Sternberg “Obi Wan Kenobe” because he knows SOOOO much about real estate. But after 30 years at the real estate game you would expect nothing less!

Why am I telling you this? Because I am lucky enough to live in New Orleans, Louisiana, the same city as Jack. After many hours (and several cups of coffee) at the cafe recently, he agreed to be a guest on an upcoming EasyHUD tele-training … and what he will be teaching will be one of the most ADVANCED real estate tele-trainings we have ever done.

This call is also for those who are frustrated by their lack of progress with Short Sales and Pre-Foreclosure investing. Jack is going to show you a complete plan on how he has more buyers than he has HOUSES!

Keep your eyes peeled for upcoming emails that will include the call details.

Remember, JACK STERNBERG = REAL ESTATE

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28th August

Short Sale, Big Problem … and other foreclosure news!

  1. Your House Is Worth Less? Good! (time.com)
  2. House prices seen falling further before rebound (msnbc.msn.com)
  3. Financial Extinctions: The Subprime Meteorite Has Hit (Charles Hugh Smith)
  4. Anatomy of the Bank Run (lewrockwell.com)
  5. Mortgage meltdown: Here come the judgments (biz.yahoo.com)
  6. Overheating sees house price downturn in Europe (telegraph.co.uk)
  7. Subprime assets infect many money market funds (buffalonews.com)
  8. The US dollar and the real economy (onlinejournal.com)
  9. Flips, scams blamed in California housing decline (reuters.com)
  10. Liquidity, “A Well Run Dry” (greatdepression2006.blogspot.com)
  11. Back to School (jameshowardkunstler.typepad.com)
  12. $100K in equity is worth $0 if you can’t sell (sfgate.com)
  13. Gimme Shelter (economist.com)
  14. Bringing Down the House (tcsdaily.com)
  15. Short Sale, Big Problem (community.groco.com)
  16. Buying Real Estate “Subject To” (groco.com)
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27th August

Ground Zero of the Real Estate Bust … and other foreclosure news!

  1. Sob Stories (washingtonpost.com)
  2. Late loans soar on troubled mortgages (biz.yahoo.com)
  3. Ground Zero of the Real Estate Bust (time.com)
  4. Government Cautions That Their Housing Numbers Aren’t Worth Much (nalert.blogspot.com)
  5. US lending chief fears a recession (rte.ie)
  6. Bill Gross Wants PIMCO Bailout (Mish)
  7. Your House: Breaking the Bank (biz.yahoo.com)
  8. Not So Smart (businessweek.com)
  9. Tax Deduction Under Fire for ‘McMansions’ (washingtonpost.com)
  10. Beware Bailouts (newyorker.com)
  11. Federal Reserve allows Citigroup to break key banking rule (money.cnn.com)
  12. The Fed’s Subprime Solution (nytimes.com)
  13. Yes, Housing Will Get Worse. But How Bad? (usnews.com)
  14. Subprime Profiteers Go Belly Up (news.yahoo.com)
  15. 3 Reasons Why This Credit Bubble is worse than 1929 (drhousingbubble.blogspot.com)
  16. Don’t Be Fooled by Headlines: New House Sales Are Down (efinancedirectory.com)
  17. Is the Normalization of Housing Prices a Realistic Expectation? (seekingalpha.com)
  18. When Trust fails, Credit Markets collapse (finfacts.com)
  19. Rate cuts won’t cure ailing market (articles.moneycentral.msn.com)
  20. Interactive Graphic: House Prices Across the Nation (nytimes.com)
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23rd August

Foreclosures up 60% in Hawaii … and other foreclosure news!

  1. Cuyahoga County Treasurer Jim Rokakis on Foreclosures (video - player.clipsyndicate.com)
  2. Subprime letter from Hayman’s Kyle Bass (ftalphaville.ft.com)
  3. Hedge-Fund Con Men at Heart of Credit Crisis (koreatimes.co.kr)
  4. Foolish Concerns, Foolish Optimism, Foolish Logic (Mish)
  5. Pushing Fed to Act Early if Not Often (nytimes.com)
  6. Affordability Over Sustainability - A Cause of the Crisis (financial.seekingalpha.com)
  7. Builder in Spain Crashes, Founder Keeps New York Pad (bloomberg.com)
  8. Foreclosures up 60% in Hawaii (honoluluadvertiser.com)
  9. Treasury, Urged to Act, Finds Few Tools (washingtonpost.com)
  10. Two Irresistible Reasons Housing Will Retrace to 1997 Prices (Charles Hugh Smith)
  11. Further shocks likely (canada.com)
  12. Mortgage job losses surpass 40,000 (miamiherald.com)
  13. Disclosure Failure Leads to Mortgage becoming “UnSecured” (bigpicture.typepad.com)
  14. Federal Nonconformists (paper-money.blogspot.com)
  15. Foreclosures Rise, Moratorium Proposed (efinancedirectory.com)
  16. US financial markets rocked: what is really happening (brookesnews.com)
  17. Buying A House In 1906 (viewfromsiliconvalley.com)
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22nd August

California leads nation in foreclosures … and other foreclosure news!

  1. They’re not making any more land (sfgate.com)
  2. Two casualties of mortgage meltdown lost $1.8bn on Monday (finfacts.com)
  3. Second-largest private US mortgage company files for bankruptcy (bloomberg.com)
  4. Capital One shuts loan unit (economictimes.indiatimes.com)
  5. Hudson City Bancorp: The anti-Countrywide (money.cnn.com)
  6. Housing crash to reverse in 64 years (eyeonmiami.blogspot.com)
  7. 93% Surge in US house repossessions (news.bbc.co.uk)
  8. California leads nation in foreclosures (bizjournals.com)
  9. Ground Zero in San Diego’s Mortgage Mess (voiceofsandiego.org)
  10. 3 New Market Behaviors (drhousingbubble.blogspot.com)
  11. Missing: A Realistic Assessment of Where Prices Are Headed (usmarket.seekingalpha.com)
  12. High Risk Credit (safehaven.com)
  13. Risk Returns With a Vengeance (insurancenewsnet.com)
  14. Was the Mortgage a Mistake? (washingtonpost.com)
  15. Fed Fails So Far In Bid to Reassure Anxious Investors (online.wsj.com)
  16. Bernanke’s 16 Gun Salute (Mish)
  17. Sub-prime fallout weighs on firms (news.bbc.co.uk)
  18. Mortgage crisis to hit house builders harder (marketwatch.com)
  19. Drunken Rant About Housing (youtube.com)
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