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The Housing Bubble
has
popped, home prices are falling, foreclosures are soaring, and economy sinking!
Housing Crash Hits America: Subprime Crisis, plunging values, causing an Economic Storm! (Attention dial-up users, page might take 10-90 seconds to fully load due to the graphic content and page size) |
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NO MORE LIES! Mainstream media lied to us for years by telling us that the housing bubble didn't exist and that home price would never fall. Now millions face foreclosure and have had their lives torn-apart. Wait until you hear what else is being covered-up! Get daily updates on housing, the economy and political truth that the mainstream media doesn't want you to know! Click below to listen now!  24 hr looping feed! Housing Bubble & economy Links
Inventory Tracker 90's bust vs. current bust price tracker: Southern California
House data
Charts Housing Bubble Casualty
Paper Economy Piggington's Southern California Collapse - o - Meter charles hugh smith-Weblog and wEssays
The Return of
Depression Economics
Greenspan's Bubbles The
First-Time Boom Bust: Home Prices, The 2nd Great Depression: House Poor: How to Buy The 106 Common Mistakes Cash in on the Coming Timing the Real Estate Property Management |
Friday, May 09, 2008
Top 10 US Housing Price Crash Cities Profiled:
Fannie Mae may lose $2 bln-$2.5 bln more this year: FBR
Housing Market Crash Predicted By Ron Paul And Alan Greenspan
PR Wall Street (press release), VA Ron Paul, as well, understood the consequences of the housing bubble. In a speech made into the Congressional Record on September 6, 2001, he stated, ... Lender "workouts" Don't Work? (OR) How Many ARM's Set To Reset in 2008...?
No quick fix to glut of home foreclosures (AZ)
Tucson Citizen, AZ When they began defaulting on the loans, the housing bubble burst. In 2007 there were nearly 4500 foreclosure filings in Pima County, according to ...
The six scariest real estate markets Wednesday, May 7, 2008
Real estate's next buying opportunity Rising gas prices, declining suburbs Los Angeles Times, CA "The gas price spike popped the housing bubble," according to a new report from the group "CEOs for Cities," which adds, "Growth in housing prices was ...
Investors Take Fannie Mae Loss in Stride
Foreclosures Up More Than 50% In State, County
(CT)
TheDay, CT New London County single-family home prices are down about 4 percent so far this year. Sales are off 24 percent. Statewide, prices dropped 7 percent in ... Merrill Expects US Consumer Loan Defaults to Rise (Update2) Bloomberg ``Continuation of falling home prices, rising food prices, rising energy prices and higher unemployment will result in a pull back on the part of US ...
Lender listings drag down Twin Cities home prices
(MN)
US Bankruptcies Jumped in April, as Banks Tightened
Lending Rules
ABN Newswire (press release), Australia He said in a speech in New York that mortgage delinquencies will weigh on economic growth, pushing home prices down further, hurting the broader economy and ...
Fannie Mae sees sharper home-price declines, loses
$2.2B
It’s Going to Get Worse!
RI 1Q home sales drop by 23%, prices 10%
(RI) This Weeks Biggest Loser: Tampa, Florida Monday, May 5, 2008
Orange County, CA Prices: From Front Page to Short Sale
Jose Canseco is the latest victim of the housing bust
Financial worst may not be over
MiamiHerald.com, FL Home prices and sales continue falling month after month, leaving a key part of the financial sector unclear. ''I think the reality of it is, nobody knows ...
Discounted Homes, Going, Going, Gone …
KRIS-TV, TX With home prices sliding and foreclosures rising, real estate has become the fastest-growing category of auctions, according to the National Auctioneers ...
Rebuttal To SmartMoney US Housing Market Bottom Call
Hidden Mortgage Risks Abound in US Home Market
Bloomberg While it's a given that home prices will continue to fall in most major markets in the immediate future, you have to defy the conventional wisdom on what ...
No recovery for new homes seen in 2008
Asia Getting Fed Up With Bernanke's Rate Cuts
Berkshire’s Munger: Subprime Makes “Enron Look Like a
Tea Party”
Friday, May 2, 2008
Home Prices Fall in 22 US Cities as Foreclosures Reach
Record!
Now's not the time to be flip about housing
FORECLOSURES MULTIPLY AND VIOLENCE ERUPTS IN HOMEOWNER ASSOCIATIONS
Last week in Pompano Beach, Florida, Patrick Dellisanti, 57, walked into the clubhouse of his homeowner association brandishing a gun and demanded to speak with an employee of the association over the $4,000 fees charged to the condo of his 80 year old mother. He took two employees hostage. There has been many such acts of violence in homeowner associations. Some observers say that these murders are the tip of an iceberg. All across the country, homeowners complain that homeowner associations have become fraud riddled cash registers for lawyers and other vendors, who seek any excuse to fine and sue homeowners. Homeowners report that the courts routinely rule against the homeowner and for the homeowner association, granting lawyer fees in excess of a millon dollars in some cases. Reports indicate that foreclosures are higher in homeowner associations than in non-homeowner association housing. AHRC News Services, CA Lenders and borrowers Salt Lake Tribune, United States Let the housing bubble burst. Home borrowers who fail to repay mortgages should suffer the same consequences as any other nonpaying debtor. ... Home Depot to Close Stores, Trim Expansion Briefing.com, CA The world's largest home improvement retailer came under pressure once the housing bubble burst. Year-over-year earnings have fallen in each of its five ...
Bank of America May Not Guarantee Countrywide's Debt
With Much Blood-Letting to Come, the US Housing Finance
System Needs Replacing
No recovery for new homes seen in 2008
Rich And Famous New York Enclave Experiences Slump In
Home Prices
House panel passes sweeping mortgage aid bill
The Coming Rental Crisis Thursday, May 1, 2008
Average Homeowner Will Lose $85000 in Wealth This Year
Index: Home Prices Plunge 19.4 Percent in Year
A Manic Depression
HoweStreet.com, Canada Housing bubble bursts, check. Huge financial institutions closing their doors, check. Well at least the worst is over, right? Wrong. ...
Disappearing now: $6 trillion in housing wealth
Los Angeles Times, CA "At this rate of price decline, the excesses of the housing bubble will have largely disappeared by the end of the year. At the same time, the price decline ...
Latest rate cut by Fed may be last
Spike in gas prices help burst housing bubble
Case-Shiller Shows Steep Declines In Home Prices
HoweStreet.com, Canada Leave it to the government and the Fed to cause the housing bubble, to totally screw up measurement of the housing bubble, and to screw up the measurement ...
S.D. Housing Prices Continue to Drop, But Property
Taxes Expected to Increase (CA)
Is the Fed Bankrupting America? Monday, April 28, 2008
Must Government Inflate Home Prices?
Lew Rockwell, CA Bond guru Bill Gross says the government must move in support of home prices to make sure the credit markets don’t melt down. ...
Home Sales, Prices Tumbling As Spring Buying Season Starts (CT)
Foreclosure in Fontana? A 27-year-old ponders walking
away (CA)
Why the housing crisis will be worse "out there"
Countrywide CEO got $22.1 million for 2007:
Now that the housing bubble has burst...
Housing slump hits builders
(MI)
Presidential candidates call for government to rescue
homeowners
Homeowners warned about home loan rate rises by big
banks
SCHOLAR THREATENED FOR WARNING OF HOUSING BUBBLE
Amid storm of blame for crisis, brokers defend their
industry
Goldman Sachs mortgage head Dan Sparks quits
Mass. foreclosures up 140% in a year
Record number of foreclosures in Pittsburgh region in
first quarter
Bizjournals.com, NC The number of foreclosures in the Pittsburgh region set a record high in the first quarter with 1187 homeowners returning their keys to the bank. ...
Lower prices can put 'real' in real estate
(TAIPEI)
Palm Beach Post, United States The housing bubble burst because it was unsustainable, and the burst followed two bad hurricane years that pushed up insurance rates. ... . .
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