Homes for all of Us

Who would forget the tragedy Hurricane Katrina brought to the US in 2005? ... they can make a lot of families’ dream homes come true. They have the best architects, engineers and contractors ... , people are still far from recovery. People there still have no homes. I applaud the efforts [more...]

Date: 2008-10-20 00:04:03

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An Anti-Masterpiece Of Timing In California

The Mercury News reports from California. “John Gronley bought his dream home nine years ago for $625,000. Its paper value peaked at $1.6 million in 2005. Then, just like it did across the country, the money got funny — one foreclosure in the neighborhood, and asking prices for nearby homes were plummeting and pulling Gronley’ [more...]

Date: 2008-10-04 17:43:14

Sunday Night Stats - Buying at 2005 Prices

Before posting my thoughts of the week regarding where home prices are going, I have been doing a lot of thinking about “Rethinking the American Dream”.  I found this post ... for those same homes. Also, you have to look at a sample small enough to evaluate, in this case I used [more...]

Date: 2008-11-24 19:07:35

Aquilo que o politicamente correcto anda a esconder

Significantly, a disproportionate number of subprime borrowers belonged to ethnic minorities ... in Boston who had obtained loans for single-family homes in 2005 had been given subprime mortgages ... minority homeowners by the end of the decade, Bush signed the American Dream Downpayment Act in 2003 [more...]

Date: 2008-11-23 18:44:01

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