***A pretty good article with decent stats*** U.S.News & World Report A Housing Crisis Checklist Friday July 27, 3:33 pm ET By Alex...
I think they will give a statement that can be interpretted either way...toward a tightening or loosening bias. They will intentionally confuse...
Ben Stein a conspiracy theorist? I got a chuckle out of that one. Ben's the man. You gotta give props to a guy who can work in the white house,...
Ben Stein's latest article puts the scope of this "crisis" into perspective. http://finance.yahoo.com/expert/article/yourlife/41148
A fair and balanced response deserves a fair and honest answer. I'll hit them one by one. 1. These stats have always had the same bias. The...
LOL! So does that mean that if I don't throw in the towel, there will be no bottom? Free houses for everyone! :) Just two comments: 1. If...
Thats because its making me a fortune. For the last two years, if I had listened to the bears, I'd have missed out on low interest rates waiting...
This post is a long list of trite bearish statements. 1. The U.S. will set new records for forclosures in the next 2 years. 2. This is...
http://www.census.gov/compendia/statab/tables/07s1175.xls The above link gives the foreclosure rate from 1990 to 2005. The current rate just...
***This article says one foreclosure was filed for every 134 U.S. households. Good data from a surprising source. Wonder why these articles...
***Home ownership is down 0.5% over the last 3 quarters. Some of you may not remember way back to 2003 but those were rough times. I don't know...
That is a really cool graph. It is food for thought, and compelling. Based on how the numbers fall, the housing price index and build cost are...
http://investmenttools.com/median_and_average_sales_prices_of_houses_sold_in_the_us.htm Hope this link isn't too long, but its so cool. Among...
Thats a simplistic way to look at it. You shouldn't compare housing cost to income if you are looking at the purchase price. Instead, you should...
That would be me. I called a bottom a couple of months back. Guess it was a blip. Didn't count on the subprime fallout, but what the hey. Good...
That sounds right. And if you make a level payment every month, the amount of time that it will take to pay it off is different depending on how...
I always thought of it as a pass-through. You are paying 6% on the outstanding principal. The bank takes that money, and then turns around and...
Cash out and buy bonds after the peak
Or they die before they ever get to enjoy it. For me, its the area under the curve. Trying to maximize the area of my happiness vs. time curve....
I saw one once. I'm not saying it was little green men. But, I'm an amateur astronomer and I'm always looking up. Didn't have time to get a...
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