1. Bearish turns (sounds like Bear Stearns) (financialexpress.com)
2. Bear Stearns Mortgage Funds Under Probe by SEC (washingtonpost.com)
3. Subprime mortgage shakeout claims another fund (marketwatch.com)
4. Further loan deterioration seen for Alt-A mortgage market (reuters.com)
5. No signs of recovery for housing (washingtonpost.com)
6. Analysts compare CDOs to “six-inch hooker heels” (rgemonitor.com)
7. Subprime lending: Business as usual (money.cnn.com)
8. House sales drop (bradenton.com)
9. Will Your House Do the NASDAQ Meltdown? (truthout.org)
10. 2 years of zero appreciation in California (drhousingbubble.blogspot.com)
11. San Diego House Sales May Keep Plummeting (kpbs.org)
12. Las Vegas and the Distressed Property Market (narreia.com)
13. Key West Condo Listing Prices Rapidly Declining (keywestchronicle.blogspot.com)
14. A bone to pick with today’s Miami Herald (eyeonmiami.blogspot.com)
15. Deflating the Housing Bubble (coffeehouse.tpmcafe.com)
16. TCW’s Gundlach sees subprime problem worsening (today.reuters.com)
17. House inventories, land investments hold risk for builders (marketwatch.com)

1. The Subslime That Ate Wall Street (salon.com)
2. House Price Index Reveals 2.7 Percent Decline In Value (allheadlinenews.com)
3. The Housing Mirage (biz.yahoo.com)
4. Realty’s summer slowdown hits early (heraldtribune.com)
5. How Low Can Florida Sellers Go? (tbo.com)
6. House sales dive 39% in Treasure Coast (palmbeachpost.com)
7. Now is a Bad Time to Buy (efinancedirectory.com)
8. The American Myth About House Ownership (rocktrueblood.blogspot.com)
9. Fewer People Are Starting Their Own Households (blogs.wsj.com)
10. Looking for Contagion in All the Wrong Places (pimco.com)
11. Events overseas cast a shadow on Federal Reserve meeting (mcclatchydc.com)
12. Banks ’set to call in a swathe of loans’ (telegraph.co.uk)
13. Towards a New Gold Standard (bullnotbull.com)
14. Map of the “Psychology of a Bubble” (latimesblogs.latimes.com)
15. Real Estate Slump/Dive (Take your pick) (eyeonmiami.blogspot.com)

1. Builder Lennar Sees “weak, and perhaps deteriorating, market conditions” (biz.yahoo.com)
2. Lennar swings to loss on lower house prices as supply builds (marketwatch.com)
3. Booms Were Made to Go Bust (finance.yahoo.com)
4. BIS warns of Great Depression dangers from credit spree (telegraph.co.uk)
5. US house sales fall; property glut hits new high (rawstory.com)
6. New house sales fall more than expected in May (money.cnn.com)
7. Housing slump drags on (newsobserver.com)
8. No Recovery In Housing Demand (bloomberg.com)
9. House prices fall at fastest rate in 16 years (marketwatch.com)
10. Price of vacant land down 35% in Minneapolis (startribune.com)
11. Further Proof of Housing Slump (biz.yahoo.com)
12. Stocks dip again as subprime fears weigh (reuters.com)
13. House Foreclosure Auctions on the Rise (efinancedirectory.com)
14. Rule #1, Read your Mortgage! (drhousingbubble.blogspot.com)
15. Should You Buy in a Sliding Real Estate Market? (audio – npr.org)

1. Houses Should Not Be a Commodity (irvinehousingblog.com)
2. Bear Stearns mortgage trouble should be a warning to investors! (ameinfo.com)
3. Put interest rates up, says bank of banks (money.guardian.co.uk)
4. Foreclosure surge signals uncertainty (heraldtribune.com)
5. No Short-Term Rebound In Housing (usmarket.seekingalpha.com)
6. Peak Suburbia (jameshowardkunstler.typepad.com)
7. Inventory of houses for sale rises to 15-year high (marketwatch.com)
8. Weakest housing sales since 2003 hits house values (money.cnn.com)
9. Prices down 10th month in a row (washingtonpost.com)
10. Goldman-issued subprime bonds lead downgrades (reuters.com)
11. Credit Agencies Start to Get Heads Out Of Asses (wallstreetexaminer.com)
12. Housing Slumps. Who’s Surprised? (fool.com)
13. Tick…. tick….. tick… BOOM! (market-ticker.denninger.net)
14. House price crash will be much worse second time around! (landlordexpert.co.uk)
15. Profiting from the Housing Bubble Popping (Charles Hugh Smith)
16. Different Sellers Have Different Needs (sfgate.com)

1. House Owners Out Of Touch With Realty Reality (biz.yahoo.com)
2. Borrowers Do Not Understand Their Mortgages (washingtonpost.com)
3. Rich Neighborhood Gets Foreclosure Notices (californiahousingforecast.com)
4. Stocks Decline on Mortgage Concern (bloomberg.com)
5. Teetering Hedge Funds Shake Housing Market (builderonline.com)
6. Bank Report Sees Much Worse Mortgage Defaults Coming (bloomberg.com)
7. Bear Stearns’ Foreclosure Listings – Tip of the Iceberg (Mish)
8. Billions in bonds backed by loans quickly losing value (nytimes.com)
9. Debating the Reasons Behind Recent Jump in Bond Yields (online.wsj.com)
10. 5 Major Failures of the Housing Market (drhousingbubble.blogspot.com)
11. Sellers Get More Without Agent (realestate.aol.com)
12. Number of properties listed for rent twice that of a year ago (mlive.com)
13. Stockbroker Brookstreet Killed By Bad Mortgage Bets (blogs.ocregister.com)
14. House Prices Literally Murder Berkeley Family (sfgate.com)

1. Irrational Housing: Insiders Out Early and the Duesenberry Effect (financialsense.com)
2. The subprime meltdown, continued: Bearish turns (economist.com)
3. Subprime Infecting Prime Lenders (drhousingbubble.blogspot.com)
4. Fallout from Bear Stearns funds raises worries on Wall St. (money.cnn.com)
5. Time to Give Up the House? (businessweek.com)
6. Banks fear rout on risky US bonds (telegraph.co.uk)
7. Stocks Fall on Concern About Losses in Mortgage Bonds (bloomberg.com)
8. Teetering hedge funds shake housing market (washingtontimes.com)
9. The true cost of owning a house (realestate.msn.com)
10. South Florida house prices to drop even more in next two years (sun-sentinel.com)
11. House Price Drop Likely To Continue (tbo.com)
12. Massive Discounts in Northern Virginia (novabubblefallout.blogspot.com)
13. The Anatomy of a Credit Bubble (irvinehousingblog.com)

1. Nose-dive in the housing market to cost Bay Area jobs (insidebayarea.com)
2. Florida house prices down 33% (tcpalm.com)
3. Is Subprime Toxic Waste Leaking into Investment Grade Mortgages? (seekingalpha.com)
4. Oahu houses overvalued (honoluluadvertiser.com)
5. Florida, California house prices likely to drop in 2 years (sun-sentinel.com)
6. Housing starts down (bankrate.com)
7. Rate Rise Pushes Housing, Economy to ‘Blood Bath’ (bloomberg.com)
8. Kansas City foreclosure rate skyrockets (kansascity.com)
9. Mortgage applications drop as rates remain high (usatoday.com)
10. Consumer Sentiment Wanes as Housing Slumps (Mish)
11. Merrill takes over $800 million Bear hedge fund assets (money.cnn.com)
12. Condo converter’s bankruptcy may be one of many more to come (miamiherald.com)
13. I assure you, there is no housing bubble (rocktrueblood.blogspot.com)

1. Foreclosures: Hardest hit ZIP codes (money.cnn.com)
2. Delinquencies, Foreclosures, Dumbness (Mish)
3. No prospect of any near-term relief, given the huge inventory overhang” (biz.yahoo.com)
4. Moody’s Downgrades Subprime Investments (biz.yahoo.com)
5. L.A. Asking Prices Slip Again, to $539K, as Inventory Climbs (latimesblogs.latimes.com)
6. Mortgages Give Wall St. New Worries (nytimes.com)
7. The Spring of House Sellers’ Discontent (usnews.com)
8. Subprime storm winds will keep blowing (usatoday.com)
9. Real-estate experts growing downcast over market (orlandosentinel.com)
10. Housing market not pretty in Florida and nation (sun-sentinel.com)
11. How the Housing Bubble/Credit Bubble Will Pop (Charles Hugh Smith)
12. Interview with Patrick Killelea (efinancedirectory.com)
13. Fannie Mae Sees Rise in Mortgage Fraud (thestreet.com)
14. Sun Belt Housing ‘Flips’ Backfire (builderonline.com)
15. Credit Suisse report on Mortgage Liquidity (PDF – billcara.com)

1. Signs of the beast (economist.com)
2. Housing market takes a hit (recordnet.com)
3. San Francisco Bay Area House Sales Still Slow (efinancedirectory.com)
4. Telling Good Analysis from Bad (irvinehousingblog.com)
5. Are You a Doomer? (itulip.com)
6. House builders’ confidence falls to 16-year low (marketwatch.com)
7. How the housing collapse is like the Iraq war (slate.com)
8. Will China Dump Treasuries? (Mish)
9. Thinking Inflation (baltimorechronicle.com)
10. Forecasters see housing slump persisting (articles.moneycentral.msn.com)
11. Robert Shiller: Vacation house prices could plunge (audio – marketwatch.com)

EasyHUD has always been a big fan of working smarter, not harder. As a result, we are always focused on HOW we can DO MORE with LESS EFFORT. It isn’t that I am lazy or don’t enjoy what I do … hardly. It has become sort of a game, a challenge. As I am working on a task, I am always thinking how I can prepare this task to be outsourced. For instance:

Until a few weeks ago, each morning I would scour the web looking for foreclosure related news articles to share with the EasyHUD community. Though not terribly time consuming, it DID require that I be near a computer every morning if I wanted to provide some consistancy for my blog readers. Well, I realized that if I used Camtasia to record my screen while I narrated how I searched for the news stories, formatted them for the blog, determined a headline, etc, then I could find someone who could watch the completed Camtasia video and perform the task for me every day. Better yet, I used an offshore staffing firm to perform the task and I created an opportunity where I was no longer tied to the computer, created a job (yes, I know it is a SMALL job) for someone, AND delivered the same quality of news to my blog readers. Honestly, do you care if I format the news each day as long as it gets done?

The real purpose of this post is to let you know that I am going to be teaching a 1 or 2 night tele-webcast showing you EXACTLY how you can use simple and inexpensive web based tools to put your real estate investing business on AUTOPILOT. I know that that claim has been made before by many of the “gurus” out there, but I recently built a fully functional wholesaling business that is pretty much run on autopilot and it took me less than 1 WEEK from start to finish. 1 week ago, this wholesaling business DID NOT exist, but if you were to see what has been done you would think this was a sophisticated operation being run by a team of 3-5 investors and admin staff. Truth is, it is run by ONE PERSON … PART TIME! In this tele-webcast I will be giving you the EXACT ROAD MAP I used to build an auto-pilot business, AND if you don’t feel like doing it yourself, I will show you how you can OUTSOURCE the process to the same team that I used to build the business I just mentioned.

The class will be starting in the next couple of weeks, and everyone who enrolls will be getting everything they need to really take their business to the next level PLUS you will get a bonus – the book that really kicked my outsourcing skills into high gear, Tim Ferriss’s WSJ and NYT Bestseller, The 4-Hour Workweek! Your copy is waiting for you below: