How about a little perspective on our where we are in the current market cycle? I heard a Wall Street type mention this video while I was at the Real Estate Connect event in NYC last week. PLEASE watch this – it will help you get some perspective on what we are heading for and give you a "head start" on preparing for what’s coming for:

I am fortunate enought to call Jack Sternberg a good friend. If you’ve never heard of Jack, let it suffice
to say he is a REI Rockstar … this guy has been at this business for over 30 years and there isn’t a scenario
he can’t solve. As a result of his expertise, he gets targeted by national media from time to time to address
Real Estate related news and this time it is the WSJ that has come calling for his words of wisdom.

But Jack is missing ONE thing for his story – An interview with YOU!

Here is what they told him he needs:

"I am looking for individuals who are unloading their "mini portfolios" of property. But what I really need
are small-time residential real estate investors who are working on shedding residential investment property
or on handling the downturn. I want to get a group of, say, five such investors and talk about their mistakes,
options, the whole emotional process of failure (due to miscalculation, naivete, plain old greed, or just bad
timing) and rebuilding…. Perhaps there are some EasyHUD students who might be willing to share a story of
rebuilding from scratch after making a mess in the current environment? — but the primary goal for me is locating
some willing-to-talk investors who have some pending doom on their hands…"

If this sounds like you, email Jack at story@EasyHUD.com ASAP since the deadline for the story is tomorrow (Friday).

Learnin’ & Earnin’ (Virtually!),
Owner, EasyHUD.com
Owner, EasyForeclosureWebsites.com
Host, VirtualInvestingSeminar.com

PS If you think your story is newsworthy, you need to email Jack ASAP at story@EasyHUD.com!

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)

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)

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)
    

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)

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)

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)

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)

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)