Apr
8
No News is Good News
April 8, 2008 | 1 Comment
Not much to report on the house front, as everything is ticking along with House #2. We knocked out the fairly short list of repairs and changes the buyers requested this weekend, including replacing a few doors, patching and staining some of the concrete skirting around the house, and other odds and ends. It’s down […]
Mar
4
LOL Ben Bernanke
March 4, 2008 | 3 Comments
I try to cut folks like Ben some slack, as they’re trying to steer a huge, lumbering ship that takes years to nudge the wheel even a few degrees to one side or the other, and are often hamstrung by policy decisions made many years earlier by predecessors that they had no control over. But […]
Dec
4
Mortgage Bailout Plans and Schadenfreude
December 4, 2007 | 2 Comments
My wife had an interesting tale to relate from a weekend of Christmas shopping, which basically boiled down into bumping into the mortgage banker that we used for the last two loans at a local retail outlet. Except, umm, she didn’t recognize him at first, as he was working there, not shopping.
Which I suppose is […]
Sep
6
Foreclosures, Owner Financing, Short Sales, and Other Fun Stuff
September 6, 2007 | 4 Comments
Not a lot of good news in the data coming out so far this month, as far as anyone clinging to the hope that the worst is behind us in the struggling US housing market. The numbers for total pending listings in July released yesterday were pretty terrible, dropping to levels not seen since 9/11/2001, […]