Archive for September, 2007

28th September

Phaseout of mortgage interest deduction proposed … and other foreclosure news!

  1. In Praise of the Housing Bust (realclearpolitics.com)
  2. Housing Sales and Prices Drop As Consumer Confidence Retreats (moneymorning.com)
  3. New house sales hits 7-year low, missing forecasts (money.cnn.com)
  4. August New House Sales Awful (calculatedrisk.blogspot.com)
  5. Sales Decline Sharply, Fall in Prices Points to Recession (efinancedirectory.com)
  6. Prices Drop Most Since 1970 (bloomberg.com)
  7. Economy at Scariest Since Depression, Says Mortgage Icon (falseflagnews.com)
  8. Phaseout of mortgage interest deduction proposed (washingtonpost.com)
  9. Limiting The Mortgage Gain Loophole (paper-money.blogspot.com)
  10. The rapidly changing landscape of the Los Angeles real estate market (latimesblogs.latimes.com)
  11. Euro could replace dollar as top currency (today.reuters.com)
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27th September

Buying A House In A Short Sale … and other foreclosure news!

  1. Think Housing’s Bad? You Ain’t Seen Nothing Yet (seekingalpha.com)
  2. US Housing Crash Deepens As the US Drifts Towards Stagflation (marketoracle.co.uk)
  3. Housing woes deepen in CA central valley (modbee.com)
  4. S. Florida house sales keep sliding (miamiherald.com)
  5. Tumbling house prices in Vegas (bloomberg.com)
  6. How Subprime Woes Can Affect You, Too (kiplinger.com)
  7. SPCase-Shiller Index Shows 13th Straight Decline (seekingalpha.com)
  8. Housing Bust Turns Real Estate Appraisals Upside Down (seekingalpha.com)
  9. Courts and Lenders Plan to Alter Loans to Stave Off Foreclosures (efinancedirectory.com)
  10. Adjustable-rate mortgages: now it hurts (newsday.com)
  11. House Panel Passes Tax Rise on Vacation-Home Sales (bloomberg.com)
  12. Short Sale May Be an Option When Mortgage Debt Looms Too Large (realestatejournal.com)
  13. Buying A House In A Short Sale (real-estate.lawyers.com)
  14. Miami, Florida: 50% Off! (youtube.com)
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26th September

House sales continue down… and other foreclosure news!

  1. US House Price Decline Accelerates (biz.yahoo.com)
  2. Glut of unsold houses rises to 18-year high even as prices fall (marketwatch.com)
  3. House sales, prices continue to fall (msnbc.msn.com)
  4. Housing Market May Face More Bad News (money.cnn.com)
  5. America’s House-Mortgage Meltdown Has Just Begun (lewrockwell.com)
  6. New reports point to further distress in housing market (latimes.com)
  7. The Loan That Keeps On Taking (nytimes.com)
  8. House Sales Slip; Builder Reports Loss (nytimes.com)
  9. Doctor Housing Bubble Blog: Press Zero for Reset: Are we out of the Subprime Mess? (drhousingbubble.blogspot.com)
  10. Privatizing Profits, Socializing Risk: Hypocrisy and Housing (Charles Hugh Smith)
  11. English housebuyers encouraged to lie for mortgages (telegraph.co.uk)
  12. Empty Houses, Empty Lots (modbee.com)
  13. Housing doldrums continue (palmbeachpost.com)
  14. House sales continue down (money.cnn.com)
  15. Lennar post big loss on housing woes (news.yahoo.com)
  16. Is the Fed Deflating? (Mish)
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25th September

Surviving The Housing Bust … and other foreclosure news!

  1. An Interview with Robert Shiller (indexuniverse.com)
  2. Risky Loans Help Build Ghost Town of New Homes (nytimes.com)
  3. Band-Aid On A Bullet Wound (viewfromsiliconvalley.com)
  4. A Buyer’s Market (irvinehousingblog.com)
  5. Bubbles leave a residue that can take years to shift (ft.com)
  6. Surviving The Housing Bust (seekingalpha.com)
  7. Drop mortgage bailout plan (app.com)
  8. Government Lies About Inflation (bloomberg.com)
  9. Calculating the Inflation Tax (greatdepression2006.blogspot.com)
  10. Please Define Dollar (gold-eagle.com)
  11. Miami housing markets headed sharply lower (eyeonmiami.blogspot.com)
  12. Builder Confidence at All Time Low (efinancedirectory.com)
  13. Lender Nationstar halts U.S. loans (washingtonpost.com)
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24th September

House prices to drop much lower: Greenspan … and other foreclosure news!

  1. Investors See Four Year’s Worth of Housing Slump (housingwire.com)
  2. House prices to drop much lower: Greenspan (news.yahoo.com)
  3. We’re in deep doodoo (Mike Morgan)
  4. Worldwide bubble trouble (search.japantimes.co.jp)
  5. Houseowners Just Don’t Understand Lower Value Of Houses (cnbc.com)
  6. Can’t sell? It’s the price, stupid! (nytimes.com)
  7. Mortgage fraud inflated prices, true extent still unknown (ajc.com)
  8. Las Vegas cancellation rate 53 percent in August (inbusinesslasvegas.com)
  9. The New Money Pit: Housing Bust Gets Worse (msnbc.msn.com)
  10. Bernanke Has Snookered Us All (lewrockwell.com)
  11. Housing-related risk to U.S. economy (schwabtradinginsights.com)
  12. Recession may be good for what ails us (palmbeachpost.com)
  13. No Bubble Here (drhousingbubble.blogspot.com)
  14. NAR Actively Pushing for New Caps for Freddie and Fannie (efinancedirectory.com)
  15. Miami Condo Auction Shenanigans (blog.miamicondoinvestments.com)
  16. Bad Decisions Were Ours (gurufocus.com)
  17. Fear Drives Baghdad’s Housing Bust (washingtonpost.com)
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21st September

Fed Rate Cut Will Not Solve Problems in Housing … and other foreclosure news!

  1. Fears of dollar collapse as Saudis take fright (telegraph.co.uk)
  2. Schumer gets whopping real estate industry donations (opensecrets.org)
  3. Are we headed for an epic bear market? (articles.moneycentral.msn.com)
  4. Mortgage woes ‘exceed forecasts’ (news.bbc.co.uk)
  5. H.R. 1852 Objective Number One: Bailout the Lenders (drhousingbubble.blogspot.com)
  6. Northern Rock Shares Drop After England Limits Guarantee (bloomberg.com)
  7. In Crisis, 2 Fed Chiefs Seem Alike (nytimes.com)
  8. Has the Fed gone too far? (money.cnn.com)
  9. Lower rates won’t turn around housing market just yet (chicagotribune.com)
  10. The Fed Cut and Housing Markets (seekingalpha.com)
  11. Fed Rate Cut Will Not Solve Problems in Housing (efinancedirectory.com)
  12. Treasurys continue to drop on inflation concerns after Fed cut (marketwatch.com)
  13. Federal Reserve’s Joy Division (minyanville.com)
  14. Bernanke’s Bullet Misses The Mark (minyanville.com)
  15. A recession is the cure, not the problem (europac.net)
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20th September

Become an EXPERT At “Virtual” Real Estate Investing … in 1 HOUR???

Well, you may not learn EVERYTHING there is to know about virtual investing in the next hour, but if you listen to the replay of the webinar and download the slides from the training, you will know ENOUGH about this method of Real Estate investing that is quickly becoming the smart choice for advanced investors across the USA.
http://www.VirtualInvestingSeminar.com/replay

After what seemed like MANY technical difficulties, we finally got the replay ready and the slides up. And I am serious when I tell you that this 1 hour webinar is so in depth that you will have a better understanding than 99% of the investors out there when it comes to knowing how to use the internet to buy and sell houses.

There are things in this webinar that are very inexpensive that you can apply to your existing Real Estate Investing business almost immediately. This is probably the only place online you can really learn about this method of investing … and for the EasyHUD community it is FREE!

So if you are an investor who wants to start implementing some of the smartest real estate investing strategies, you should visit the site and go through this material ASAP!

The sooner you embrace technology in your business, the easier it will be for you to transition into what will certainly be the NEXT PHASE of Real Estate Investing:
http://www.VirtualInvestingSeminar.com/replay

Learnin’ & Earnin’ (virtually!),
Chris Daigle
Owner, EasyHUD.com
Host, VirtualInvestingSeminar.com

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20th September

Traders expect 26.2% fall in San Francisco prices … and other foreclosure news!

  1. Bay Area foreclosure activity skyrockets (sfgate.com)
  2. Traders expect 26.2% fall in San Francisco prices (lansner.freedomblogging.com)
  3. Builders’ confidence falls to lowest level ever (marketwatch.com)
  4. Builder confidence: Bad and getting worse (money.cnn.com)
  5. Fed Rate Cut May Not Help Borrowers Much (npr.org)
  6. Good feelings created by Fed’s rate cut could recede as fast as they rolled in (iht.com)
  7. What the Fed giveth, it may soon have to taketh away (news.yahoo.com)
  8. Fed rate cut unlikely to help housing fundamentals (marketwatch.com)
  9. Federal funds rate definition (en.wikipedia.org)
  10. Mortgage Hot Potato (theguerillablog.blogspot.com)
  11. Stupid people with stupid money (mises.org)
  12. Have Investors Gotten Ahead of Themselves? (seekingalpha.com)
  13. Lenders spend more time reviewing loans (dailybusinessreview.com)
  14. Subprime Borrowers to Give Back Houses at Record Pace as Rates Rise (bloomberg.com)
  15. Downey Financial’s Non-Performing Assets Increase Exponentially (creditbubblestocks.com)
  16. How George Soros Predicted the Mortgage Crash (fool.com)
  17. Recession: Bitter pill or good medicine? (ajc.com)
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19th September

August foreclosures zoom … and other foreclosure news!

  1. Bernanke Panics (Mish)
  2. Rate Cut Does Not Fix Bad Lending (cnbc.com)
  3. Interest-rate cut won’t help all caught in credit crunch (sfgate.com)
  4. California Jumbo Loans Under Threat (bloomberg.com)
  5. August foreclosures zoom (biz.yahoo.com)
  6. Foreclosures jump 115 percent in August (centralvalleybusinesstimes.com)
  7. Crash Test Economy (portfolio.com)
  8. In credit crunch, location matters (usatoday.com)
  9. Fed has abandoned the fight against inflation in favor of a subsidy (seekingalpha.com)
  10. “Fed” up with Al (nypost.com)
  11. Ex-Fed chief blind to own manipulations (news-journalonline.com)
  12. House ownership mania is behind this mass hysteria (politics.guardian.co.uk)
  13. Spread of banking panic in England forces ministers to guarantee savings (guardian.co.uk)
  14. Video of run on Northern Rock bank in Scotland (youtube.com)
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18th September

Real Estate Inventory Still Building … and other foreclosure news!

  1. The secret’s out on phantom bids (thestar.com)
  2. Should the Fed cut rates or not? (articles.moneycentral.msn.com)
  3. Too much hope may be pinned on Feds powers (moneyweb.co.za)
  4. Greenspan sees double-digit interest rates coming (reuters.com)
  5. Shocked, shocked! (jameshowardkunstler.typepad.com)
  6. Greenspan: Not My Fault (money.cnn.com)
  7. Let’s point fingers at subprime’s real villains (signonsandiego.com)
  8. Subprime Mess: No One’s Fault But Our Own (seekingalpha.com)
  9. Banks’ dark off-balance-sheet world (articles.moneycentral.msn.com)
  10. Closing of the U.S. Home ATM Dooms the Global Economy (Charles Hugh Smith)
  11. Real Estate Inventory Still Building (seekingalpha.com)
  12. Hovnanian’s Fire Sale Burns Other Builders (thestreet.com)
  13. Northern Rock savers withdraw 9,600 pounds per second (business.scotsman.com)
  14. The onus is now on Brown to clean up housing mess in England (politics.guardian.co.uk)
  15. Credit crunch attracts a wave of opportunism (signonsandiego.com)
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