At Mish's Global Economic Trend Analysis tells of nonprime lender Acoustic Home Loans that is now out of business. "Acoustic was the 27th-largest nonprime wholesale originator in the nation." Guess where they are located in Orange County (OC), California. Very appropriate.
Crash 2006, has a post titled 'Welcome to the ten dumbest realtor blogs'
Keep you eye on the rising mortgage interest rates. "Rates on 30-year mortgages climbed this week to their highest point in nearly four years, a development that could put a further crimp in housing activity" 'Could'? It will. The only question is: how much of a 'crimp'?
Housing.com Blog is doing a super job keeping up with the housing market and all it's excesses.
How about this island for 850k? Hattip to: Vancouver Housing Market Blog
Check out the new and very promising New Mexico Real Estate Blog.
I am still on vacation so postings will be light. Cheers.
Monday, April 17, 2006
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