1. Sales and house prices in free fall (nytimes.com)
2. Realty reality: Housing prices are headed way down (latimes.com)
3. New house sales at 12-year low after 9% drop (money.cnn.com)
4. New House Sales: Ugly! (seekingalpha.com)
5. New House Sales: A Stunning Slide (businessweek.com)
6. Decline in American house prices not over yet (business.timesonline.co.uk)
7. Defaults moving beyond sub-prime (latimes.com)
8. Housing market plunged deeper into despair (hosted.ap.org)
9. ‘Eminently Rational’ Housing Slump (blogs.wsj.com)
10. Pimco Predictions (pimco.com)
11. How experts got housing wrong (money.cnn.com)
12. Buyers screwed when builders go bankrupt (realestate.msn.com)
13. Dueling Fools: 2008 Bear (fool.com)
14. Credit Crisis? Just Wait for a Replay (nytimes.com)
15. Dave Barry on Subprime and the Economy (paul.kedrosky.com)
16. Hope don’t pay my bills (youtube.com)

1. House Prices Post Record Decline (businessweek.com)
2. House prices fell faster in October (sfgate.com)
3. Shiller: Single-Family Housing Market Is “Grim” (seekingalpha.com)
4. 10 Houses throughout the Golden Bubble State (doctorhousingbubble.com)
5. Housing woes reflected in Census Bureau figures (kansascity.com)
6. International House Prices in 2007 (efinancedirectory.com)
7. October House Prices Post Record Decline (biz.yahoo.com)
8. Citi May Write Down $18.7B (sfgate.com)
9. Subprime derivatives made some on Wall Street rich (bloomberg.com)
10. Mortgage Probes Face Big Hurdles (washingtonpost.com)
11. Property confidence crash: 75% see falls (thisismoney.co.uk)
12. The Solvency Crisis (prospect.org)
13. The Original Subprime Crisis (nytimes.com)
14. Christian Group Profits in Housing for Recovering Addicts (earnedmedia.org)
15. Ron Paul on Mad Money w Jim Cramer (youtube.com)

1. House Prices Declined at Faster Pace (bloomberg.com)
2. House Price Decline Hits New Record (seekingalpha.com)
3. House prices post record annual drop (news.yahoo.com)
4. U.S. house prices fall record 6.7 percent in October (tcpalm.com)
5. Edgy buyers, mortgage crunch spell more housing gloom in 2008 (marketwatch.com)
6. Biggest Housebuilder Writedowns Are Yet to Come (bloomberg.com)
7. Peter Schiff Replies to Deflation Rebuttal (Mish)
8. Houseowners with forgiven loan debt get unfair tax break (usatoday.com)
9. Blame abounds for housing bust (washingtontimes.com)
10. Are We Having a Housing Crisis Dj Vu? (seekingalpha.com)
11. Even Hot Housing Markets Can Go Cold (businessweek.com)
12. The Credit Crunch (post-gazette.com)
13. Don’t bet the farm on it all turning out OK (business.smh.com.au)
14. So Long SuperSIV, We Hardly Knew You (researchrecap.com)
15. Web Entrepreneurs Fail in Miami’s Condo Market (nytimes.com)
16. Mortgage Meltdown (nytimes.com)
17. How a development became a housing debacle (sptimes.com)
18. Lessons from US Mortgage Securitization Debacle (PDF – oecd.org)

1. Crisis may make 1929 look a ‘walk in the park’ (telegraph.co.uk)
2. Will they Call them ‘Bushvilles’? (financialarmageddon.com)
3. The Sound of a Bubble Bursting (nytimes.com)
4. Trim tax loopholes, legislative analyst urges (dailynews.com)
5. Unpaid credit cards bedevil Americans (news.yahoo.com)
6. Dollar’s Fall Is Felt Around The Globe (washingtonpost.com)
7. US Dollar & Bond Insurers (goldseek.com)
8. Rebuttal to: Not Your Father’s Deflation (Mish)
9. Inflation may cause Treasury bond yields to spike (reuters.com)
10. Hog wild for China (money.cnn.com)
11. Banks abandon plan for Super-SIV (washingtonpost.com)
12. Retirement plan interrupted by foolish house purchase (money.cnn.com)
13. Foreclosing on Christmas due to foolish house purchase (latimes.com)
14. Condo crash burns big, sophisticated investor, too (palmbeachpost.com)
15. Mortgage Fraud Cases overwhelm investigators (nytimes.com)
16. Paul Krugman video (youtube.com)
17. Economy Comics (thecomicnews.com)

1. Builder talks of 35% SoCal price cuts (lansner.freedomblogging.com)
2. Central CA prices down 23% so far (modbee.com)
3. Demand for food does not mean $1,000 for a gallon of milk (seekingalpha.com)
4. Americans ‘walk’ from loans (business.theage.com.au)
5. Housing market outlook for 2008 is bleak (money.cnn.com)
6. U.S. housing crash to deepen in 2008 after record drop (dailyreportonline.com)
7. American banks: Unhappy new year (economist.com)
8. SIV ’superfund’ fails (marketwatch.com)
9. SEC probing mortgages based on inflated appraisals (news.yahoo.com)
10. Fraud Seen as a Driver In Wave of Foreclosures (online.wsj.com)
11. Getting a loan ‘rescission” (online.wsj.com)
12. SEC Probes Wall Street on Mortgage-Related Asset Pricing (seekingalpha.com)
13. Economics ain’t pretty (atimes.com)
14. America flunks finance and economics (charlestonbusiness.com)
15. Economic 9/11 (earthfiles.com)
16. Free Market myths (opednews.com)
17. Lying, Crying and Fire Sale Buying Begins (infozine.com)
18. Sellers dumping realtors (venturacountystar.com)
19. The year in financial cartoons (msnbc.msn.com)

1. Time To Buy? Not So Fast (seekingalpha.com)
2. Real estate pros look for exits (baltimore.bizjournals.com)
3. Bay Area house sales at two-decade low (sfgate.com)
4. Truth of the 10 Percent Southern CA Price Drop (doctorhousingbubble.com)
5. Idaho foreclosures have more than doubled over last year (idahostatesman.com)
6. Irish House prices falling 1,500 Euros per month (rte.ie)
7. Fannie Mae execs to face shareholders (money.cnn.com)
8. Ex-Fannie boss says Bush White House instigated accounting scam (money.cnn.com)
9. Jeb Bush, subprime mortgage salesman (eyeonmiami.blogspot.com)
10. Why the Government Continues to Exacerbate the Problem (blownmortgage.com)
11. Peter Schiff on Housing Market and Bailout Plan (seekingalpha.com)
12. MBIA details huge mortgage exposure, shares collapse (news.yahoo.com)
13. Bond Insurer Cut to Junk (nytimes.com)
14. “Teaser freezer” plan is no panacea (schwabinsights.com)
15. When Mortgages Made Sense (newsweek.com)
16. Smugglers Trashed My House (coloradodaily.com)
17. Please Don’t Destroy My American Dream (iowahawk.typepad.com)

I got an email this morning from Cory Boatright (EasyHUD forum moderator and Short Sale expert) that has a killer resource for Real Estate Investors. Most of us have used Zillow in to help us perform some basic due diligence on properties but the common complaint is that Zillow isn’t terribly accurate … but hey, what other options did we have?

Now, Cory has shared a resource that has helped his team and it looks like it provides waaaaay better comps. Read all about it at Cory’s Blog!

1. Southern California prices down 10% (reuters.com)
2. Top 10 U.S. Housing Markets to Drop 8% in 2008 (seekingalpha.com)
3. A Look at Past U.S. House Price Corrections (efinancedirectory.com)
4. Dispelling The Myth That A House Is A Good Investment (millionairemommynextdoor)
5. US housing crisis reverberates around the globe (news.yahoo.com)
6. Confidence in US housing market spirals lower (guardian.co.uk)
7. U.S. Housebuilder Confidence Declines To All Time Low (allheadlinenews.com)
8. Housing – Simple As That (financialsense.com)
9. Fed Shrugged as Subprime Crisis Spread (nytimes.com)
10. Deal With Devil Funded Carrera Crash Before Bust (bloomberg.com)
11. Guilty plea in Bay Area subprime mortgage scam (sfgate.com)
12. 31 Accused in Florida of Falsifying Home Loans (nytimes.com)
13. FBI Probes Virginia Mortgage Scam (washingtonpost.com)
14. Fed proposes new rules to clean up mortgages (rte.ie))
15. Bail Out 4 All (bailout4all.info)

1. Investors own about one-fifth of Bay Area houses in foreclosure (sfgate.com)
2. The Continuing Crisis: It’s Not Over Yet (goldmoney.com)
3. Presidential Candidates On The Mortgage Bailout (efinancedirectory.com)
4. Democrats may commit the real mortgage fraud (chicagotribune.com)
5. Money-Market Rates Fail to Respond to Bank Measures (bloomberg.com)
6. London Leads Biggest England House-Price Drop Since 2002 (bloomberg.com)
7. Questions for John Bogle (money.cnn.com)
8. Renters driving down condo prices (washingtonpost.com)
9. Renters won’t cover your mortgage (palmbeachpost.com)
10. Mortgage-Relief Plan Divides Neighbors (online.wsj.com)
11. Reckless Lending By Central Banks and Its Consequences (safehaven.com)
12. Greenspan: Throw Cash At Mortgage Crisis (seekingalpha.com)
13. Greenspan Spins the Housing Bubble (tpmcafe.com)
14. Housing industry looks to make taxpayers liable for their mistakes (bizjournals.com)
15. Paulson Favors Fannie, Freddie Buying Jumbo Mortgages (bloomberg.com)
16. Subprime Securities Market Began as Group of 5′ Over Chinese (bloomberg.com)
17. Failure Beyond Finance (jameshowardkunstler.typepad.com)
18. Walk away, and do it now! (walkaway.blog.com)

1. Price drop is deepest of the year in Twin Cities (startribune.com)
2. Today’s house-buyers are learning things the hard way (amarillo.com)
3. Money pits (star-telegram.com)
4. House prices show big drop (sptimes.com)
5. How low must housing prices go? (marketwatch.com)
6. Mortgage bailout just makes it worse (articles.moneycentral.msn.com)
7. Houseowner bailout is a lousy idea (articles.moneycentral.msn.com)
8. Fannie Mae: Beyond Economical Repair? (seekingalpha.com)
9. 1,336 foreclosures auctioned — only 17 sold (modbee.com)
10. Fed to pay 85 cents on the dollar for mortgages with no value (dealbreaker.com)
11. After The Money’s Gone (nytimes.com)
12. 2 states probe Countrywide house loans (latimes.com)
13. Frozen markets and the waiting game, by gimleteye (eyeonmiami.blogspot.com)
14. Look What They’reSaying About the Housing Market (seekingalpha.com)
15. Crash To Deepen in 2008 After Record Drop (bloomberg.com)
16. Jim Rogers: Bernanke is an Idiot (moneynews.newsmax.com)