Critical News and Counter-Spin for October 2009 News: 115 Bank Failures in 2009 And Counting... [news from MarketWatch.com] Today was almost a double digit bank failure day and some are predicting triple digit day(s) before it is all over. Today's 9 bank closings bring our 2009 total to 115 bank
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10/30/2009
All else being equal, population growth will pull us out of the housing despair. And having so few housing permits, will only accelerate that. Now for the bad news... we overbuilt during the bubble years. According to my calculations based on government figures of one net person growth every 11
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10/28/2009
If you don't follow Inman news, I recommend it. Another good article about how the ripples of foreclosures are spreading out was just posted at: http://www.inman.com/news/2009/10/28/foreclosures-spread-bubble-markets An analysis of foreclosure-related filings at the metro level by data aggregato
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10/28/2009
In an article at http://www.globaledge.co.uk/news/us-shiller-warns-prices-could-be-bubbl-36169 Robert Shiller, the man who predicted the dot com bubble in his best-selling book Irrational Exuberance has warned that house prices in some areas of the US could be approaching bubble territory. ... an
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10/28/2009
From the LA Times - http://www.latimes.com/business/la-fi-foreclosures21-2009oct21,0,5605171.story Signs are emerging that a much-feared escalation of California home foreclosures may not happen, as banks respond to government pressure and scale back their repossessions of troubled properties. St
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10/22/2009
From MercuryNews.com - http://www.mercurynews.com/realestatenews/ci_13568327 WASHINGTON — Lawmakers are trying to extend and expand an $8,000 federal tax credit for first-time homebuyers, a stimulus-package tax break that many regard as a significant prop for the still-tottering economy. ... addi
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10/22/2009
What is new with Del Mar real estate and homes for sale. The inventory level tells the story. The following chart breaks down the inventory into price range categories by single family attached and single family detached homes. The information is current as of October 20, 2009. Price ranges with
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10/20/2009
What is new with Carmel Valley Real estate and Torrey Hills real estate - 92130 zipcode. The inventory level tells the story. The following chart breaks down the inventory into price range categories by single family attached and single family detached homes. The information is current as of Octo
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10/20/2009
With the end of the summer buying season for Rancho Santa Fe real estate and homes for sale, it is prudent to keep a close watch on the inventory level as it directly affects the the Rancho Santa Fe home prices and especially the time on market. The following chart breaks down the inventory into
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10/20/2009
Post originally at http://www.propertywire.com/news/north-america/foreclosure-worries-in-us-200910143584.html New financial incentives for distressed property owners and for real estate lenders in the US are to be announced next week. The US administration is bowing to calls from the industry to
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10/20/2009
