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Although the bubble peak may have passed, this woman is trying to cash in. She may be a bit late, not only for the housing market, but for herself as she seeks her cash cow. This may be her last gasp to market this combo package before menopause. Although she still sports long hair and a slender...

http://msnbc.msn.com/id/10398130/ ".......insiders at Toll sold millions of their shares of the stock but directed more than $118 million of the shareholder's money toward the repurchase of about 2.8 million shares. So the company managers think it's a good idea to use company money to buy...

Sellers chop asking prices as housing market slows Cuts of up to 20% are now common as analysts see signs of a 'hard landing' By Kimberly Blanton, Globe Staff | December 9, 2005 Boston-area homeowners trying to sell their houses are sharply reducing asking prices -- in some cases, by...

Sales have in fact dropped off, way off. No natural disaster either. Parabolic bubbles collapse under their own weight. Always. OWP "Recurrent descent into insanity is not a wholly attractive feature of capitalism. The human cost is not negligible, nor is the economic and social effect. In...

From "Another Fu@ked Borrower" website...payment not up 7.5%, try 48%! OWP http://anotherfuckedborrower.blogspot.com/ Thursday, December 01, 2005 Welcome to the gun-show...now show me your ARMs! DAYUM!!! Mr. Greenspan should be a personal trainer...he has millions of home buyers working...

Pasted from the new web site "Another Fu@ked Borrower". http://anotherfuckedborrower.blogspot.com/ Thursday, December 01, 2005 Stock market bubble vs. Housing bubble...a lesson in LEVERAGE We can all pretty much agree that there was a stock market bubble....right? Anybody disagree there...

Which may be why people are leaving these bubble areas in droves....OWP http://www.nynewsday.com/news/printedition/longisland/ny-liinde014534035dec01,0,7022825.story?coll=ny-linews-print "More Long Islanders say they are considering moving away amid difficulties paying for the high cost of...

The deviation from trend of California is striking, none more than this chart of Fresno, Ca (Central Cali). Will Fresno and the rest of California eventually correct to the tune of 40%??? Can this chart simply level off in a sideways movement for the years necessary for wage gains to make the...

Crusing through Craig's List Las Vegas...the amount of brand new or near new empty homes is absolutely breathtaking. So much pain, so much debt, so little time! Live near Celine? http://lasvegas.craigslist.org/rfs/114113478.html http://lasvegas.craigslist.org/rfs/114077994.html And...

That sounds good, but relies on the assumption that there is actually "real" demand for all this housing, and that this real demand would be forced to seek rentals to keep a roof over their heads. I have contended all along that the recent hyper demand in house buying is a result of a sham mania...

http://www.latimes.com/classified/realestate/news/la-re-lew27nov27,0,2141207.story?coll=la-class-realestate-news HOUSING SCENE Many are unprepared for a downturn By Lew Sichelman United Feature Syndicate November 27, 2005 WASHINGTON — A sizable group of the country's most recent home...

Is this the payment schedule on one of those "fancy" loans.....omg, then fancy that. This is the classic "frog in the hot water" scenario. Slowly but surely over the next 5 years, the water will get hotter and hotter. At some point, maybe 2008-2011, hundreds of thousands of homeowners are facing...

Leverage like these people??? (pasted from message board) OWP "I have some friends in L.A. who are in the RE and mortgage industries (Realtor and lender). They have a house with a mortgage of about $400,000 and an SUV payment of $800/mo. They just purchased an $800,000 house using a...

I believe you absolutely nailed it with that statement. When a bubble pops people always have to "frame" it, that is to say come up with a reason their minds can encircle and tie a pretty bow on it. The "aerospace" explanation is often tossed around. Fact is, things just got overextended and...

Only ten short years ago...OWP DQNews Archived Article California Homes Being Sold at a Loss by Real Estate Analyst John Karevoll June, 1995 La Jolla, CA.— Fewer California homes are being sold for less than they were bought for, indicating that many potential sellers have...

It has also crossed my mind that coastal bubble areas seemed like high beta flyers like some Nasdaq issues, and that heartland were like "blue chips" and not volatile. I agree that adjustables will continue to shock and awe the weak hands as they continue to reset to higher market rates. The...

Sometimes it takes just a few things to turn the ship and establish a new trend (this time to the downside). Once a new trend is established the speculators, which have been bidding up this market, will avoid real estate as an asset class. Interest rates have headed up only slightly, and...

Often people think their own area is very special and exempt from downturns. The people in Orange County to the south also think thats only other areas will crash. I hear the same from people in pockets in Florida, that "crashes" or severe corrections only occur in other, usually distant...

http://quote.bloomberg.com/apps/news?pid=nifea&&sid=a3LvgTs0Ecks The average 30-year mortgage rate reached 6.37 percent last week, up from the low this year of 5.53 percent in July and the highest since April 2004. The Fed increases mean that payments by consumers who took out adjustable-rate...

The real estate crash continues.... http://www.tracypress.com/2005-11-21-biz-one.php "October was the first month in nearly 10 years that the city issued no building permits for new houses, even though builders hold entitlements that would allow them to take out permits for more than 600 new...