Wednesday, November 30, 2005

PBS Interview with David Lereah

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David Lereah [ my nemesis ] is the cheif economist for the National Association of Realtors was interviewed on PBS by Gwen Iffill. GW...
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2006 mortgage conforming limit rises to $417,000

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"The conforming limit will rise to $417,000 in 2006, an increase of almost 16 percent over the 2005 limit of $359,650. That's the l...
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Tuesday, November 29, 2005

It's the Inventory Stupid!

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Not convinced that the bubble is about to burst? Calculated Risk posted this : "The 496,000 units of inventory is the all time record f...
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New Home Sales Shoot Up?

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The Commerce Department reported that: Sales of new homes soared at a record pace in October in what could be a last hurrah for the booming ...
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Great Story On Another F*cked Borrower

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Check out the Post "I need to do a refi cash-out to get money to pay my mortgage." . Amazing the stories that are coming out of th...
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Monday, November 28, 2005

Pop Goes the Bubble

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US External Debt and The Bubble

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In the book The United States as a Debtor Nation it says the following: More fundamentally, even if foreign investors give the United State...
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Jim Kunstler's Post

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Check out Jim Kunstler's Season's Greeting Post . Sure sometimes Kunstler get the facts wrong and is overly dire; but makes solid ...
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60 Minutes Piece on McMansions

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Here is the link to the story ' Living Large '. Read it.
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Ads on Housing Bubble Blogs

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About a month ago Ben Jones over at The Housing Bubble added Google Ads to his blog. Some of these ads are from companies that are in re...
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