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Recent Blog Posts
House Prices Rise Again In December 2006
on Jan 8, 2007 in house prices housing market house buying House Prices Rise 0.8% In December 2006The asking prices of residential property in the UK in December 2006 has risen by an average 0.8%. Other surveys show that in the same period house prices have risen by 1.2% (Nationwide), or in contrast has fal...
America Struggles to Afford Housing
on Jan 9, 2007 in Housing Bubble Housing Market It's no secret now that real estate values were grossly overstated a year ago. Many beleive it still to be true in areas like California and Florida. When real estate is over-valued, it means that housing prices are higher than what people can afford...
Great and Horrible Day For Republicans
on Feb 7, 2007 in housing market Iraq North Korea Guantanamo Bay Libby trial Good for Republicans: In raids in Iraq this morning, Iraqi and US forces captured the deputy health minister, reports the BBC. As for positive foreign relations, six-party negotiation talks with North Korea seem to be looking up, report many media, i...
How NOT To Live Like A King
on Feb 23, 2007 in California real estate Housing Bubble first time buyers Housing Market Living in the Inland Empire of sunny Southern California definitely has its perks. It's seventy degrees outside without a cloud in the sky.....in the middle of FEBRUARY. If I got in my car and drove west for half-an-hour, I'd be at the beach where it...
Easy Money Mortgages Disappear
on Mar 25, 2007 in housing market mortgages sub-prime lenders The sub-prime mortgage market has crashed. Major sub-prime lenders have gone bankrupt and some are under criminal investigation.Sales of new homes are well under estimates and in most parts of the country it is a buyer's market. The inventory of home...