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DR Horton is down over 11% this week alone...how are you "managing" your position? Does "Convert" have a stop loss??? Toll Bros down even more, almost 13%. OWP

how can this be???!!! owp :-) http://www.washingtonpost.com/wp-dyn/content/article/2006/01/25/AR2006012502044.html?referrer=emailarticle ""In a report yesterday, Goldman Sachs Group Inc. said the December figures suggest that 'housing market conditions are deteriorating rapidly.' The $7,000...

http://passport.ocregister.com/register/common/intercept.jsp?duri=http%3a%2f%2fwww%2eocregister%2ecom%2focregister%2fmoney%2fabox%2farticle%5f949773%2ephp "A yellow warning light is shining on the Orange County real estate market's dashboard. The number of delinquent property tax payments has...

That actually sounds like it could work out really well....interesting idea. OWP

Hey, is it too late to squeeze out the door? lol...OWP http://www.signonsandiego.com/news/business/20060116-1132-bn16sales.html "San Diego County resale house prices tumbled last month by the biggest number in 18 years of record-keeping and contributed to the smallest year-to-year rise in...

Looks like Centex is starting to hurt. Funny, they didn't have to cut prices at this same time last year. People were standing in line fighting for the chance to buy one of these turds. Should the people that bought last year (gotta get in now before we are priced out of the market, remember?)...

By activity, do you mean inventory? This was posted on a real estate blog elsewhere....inventory up how many hundred of percent? OWP " 4:48 PM FLic said... I've been tracking housing supply in the $300-$400 range (3br/2ba) in the Sarasota/Bradenton area since July. Not inclusive...

This is great news...I would love to dump Microsoft and would do so in a heartbeat. Everything Google I have tried is great...anyone using Google's Picasa? I love it...and free! Even the hiring at Google is unconventional...interesting questions on their test given to applicants include...

Someone should frame this article for future reference...especially this quote "...as long as my property is appreciating, I personally don't care too much what my mortgage balance is.'" This is the perfect picture of a bubble with a nice bow on it (and the possible "pin" that likely will pop...

http://www.voiceofsandiego.org/site/apps/nl/content2.asp?c=euLTJbMUKvH&b=486837&ct=1748713 "Stephen G. Bishop thought becoming a real estate appraiser would be a good idea. A couple of years ago, he got himself an appraiser's license and went to work as an trainee appraiser in the thick of San...

Exactly...I posted a month ago about how much the monthly payment could go up...the example here showed it could raise 48%! Suddenly flipping isn't fun anymore! OWP From "Another Fu@ked Borrower" website...payment not up 7.5%, try 48%! OWP http://anotherfuckedborrower.blogspot.com/...

Jem....I understand what you are saying. But your statement "the ratio should be the cost of finance to income" to me represents the whole problem in a nutshell. That people have gone out and chased up the value of these homes with all this "cheap" money simply because they could afford the...

http://realtytimes.com/rtapages/20051227_california.htm California Market Timer Pessimistic by Blanche Evans Robert Campbell, author of The Campbell Real Estate Timing Newsletter, a subscription-based bimonthly newsletter, says that his biggest concern about the California housing market is...

http://www.thedesertsun.com/apps/pbcs.dll/article?AID=/20051229/COLUMNS26/512290309/1215 Year of the 'perfect economic storm' around the bend Vic Gainer Special to The Desert Sun December 29, 2005 "During the past two or three years, I have met many people who are renting here in the...

Orlando inventory spikes hard.... http://orlando.bizjournals.com/orlando/stories/2005/12/19/daily26.html "Also notable this month, ORRA says, is the number of existing homes available for purchase, 9,685, a 163 percent increase above November 2004's 3,681 homes. 'The area's inventory is now at...

Thanks, this is a great one too. Left as a comment on the message board about the "900k house on margin" I posted above...OWP "Robert Coté said..." "Wall and McConnell need their brains pictured on the side of a milk carton. "Missing, presumed dead." "Let's really do the...

This couple (article pasted) made a haphazard $900,000 decision to make an "investment". What would any financial planner say if someone bought $900,000 worth of a particular stock-on margin? The financial insanity and risks are just starting to become apparent. OWP...

http://piggington.com/node/166 "Church of the Soft Landing" December 15, 2005 - 9:53pm "It is often argued, usually by real estate permabulls, that there is widespread concern about a decline in home prices. This pessimism is routinely blamed for the slowdown we've seen in sales and price...

http://www.cbsnews.com/stories/2005/12/15/eveningnews/main1131821.shtml In last year's red-hot real estate market, homes like Letty Mallery's were selling for a million bucks, often in a day. But Letty's home has been on the market for five months and hasn't moved." "Like a lot of booming...

http://www.zwire.com/site/news.cfm?BRD=2256&dept_id=457707&newsid=15751862&PAG=461&rfi=9 "Baby Boomers to the rescue has been the markets' mantra now for at least a decade. This would pretty much apply to all markets, from stock to real estate. Let's take a closer look at this supposed...