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Home-price 'correction' forecast CSUF foresees up to a 20% dip by 2006 but no need to panic. By JAMES B. KELLEHER The Orange County Register http://www.ocregister.com/ocr/2004/10/27/sections/business/business/article_288939.php House prices in Orange County could drop by as much as 20...

http://www.siliconinvestor.com/readmsg.aspx?msgid=20753944 "We live near both Orange and San Diego Counties, in Riverside County. The new tract homes next door start at 890K. I don't see lines at the sales office and we're supposedly the 'poor neighbor' of those two counties. They have tract...

http://www.siliconinvestor.com/readmsg.aspx?msgid=20690062 "Most of you know that my wife and I are realtors. We live and work in Roswell and Alpharetta, which are suburbs north of Atlanta. About three months ago, Margaret listed her home with us. She is an elderly widow, about 75, and still...

I guess we should let the Navy Seals and the Seabees (Naval construction forces) train in Kansas...the Seal Strike Teams can practice amphibious assault training while rowing through the corn fields. hello.... Camp Pendelton probably takes up .00001% of the real estate of S. Califorina...

Today at http://piggington.com/ ... 10.17.04 - Mortgage Fraud: the Last Piece of the Puzzle "I'd like to begin with a quote from Marc Faber, a world-renowned investment writer with an unparalleled knowledge of financial market history: The "bubble" model always involves a...

In five years, today's ARMs may drown housing market 08:53 PM CDT on Sunday, October 10, 2004 By DANIELLE DiMARTINO / The Dallas Morning News http://www.dallasnews.com/sharedcontent/dws/bus/columnists/ddimartino/stories/101104dnbusdimartino.d... How risky is your mortgage? Most...

Fireworks factory in the Netherlands explodes...the end of the video is huge with slo mo shockwave. (Not really a "joke", more along the lines of something amazing to watch. I understand people were killed, although this is not shown here.) http://70.84.2.68/fireworkfactory.wmv

You would sure think so...but everywhere I read people of very modest means are spending 800k or more for homes they can barely afford using interest only variable loans with low teasers. They think further appreciation is a slam dunk. A major setup for disaster, coming soon.

http://www.economist.com/displaystory.cfm?story_id=3176456 "...Since the mid-1990s prices have increased more than twice as much in real terms (ie, after adjusting for inflation) as in the 1970s or the 1980s." "Calculations by The Economist show that home prices are now at record levels in...

This is simply not so. Major home builders are really nothing more than land developers. It takes a number of years to move a large rural ungraded parcel through environmental, planning, grading, street improvement, etc and into finished lots ready for homes. Builders vie with each other to...

Don't turn up your nose at what you don't know about. I know someone that has owned trailer parks for 40 years....he is worth about 10 million now. Very little upkeep, tenants stay in place for a long time (where else can they live so cheap), etc. It's not glamorous but it may be worth...

how to spot a rich man...

very funny stuff on ebay...scroll down a bit in ebay listing and read. http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=62054&item=8107675670&rd=1

I can see happening today exactly the same thing as yesterday in the other thread. Waggie makes soapbox statements about Bush or Schwarzenegger or the UC educational system and people step up to rebut him or present another view. When the argument gets hashed just a bit rather than answer...

http://www.latimes.com/news/local/la-me-airlift3jun03,1,4266804.story?coll=la-headlines-california Gov. OKd Costly Mission to Brazil The state's tab was $147,187 for a plane and 15 people to bring an ailing legislator home. By Robert Salladay Times Staff Writer June 3, 2004...

oh....you two are back...did you both take a dinner break?:p

http://www.latimes.com/news/local/la-me-ucla3jun03,1,1871722.story?coll=la-headlines-california UCLA Seeks Funds to Lure, Keep Top Faculty, Students By Stuart Silverstein Times Staff Writer June 3, 2004 Spurred by intensified competition for star professors and top graduate students...

Wonderful. There is no money for everyone that wants to go because of prior govt mismanagement. What do we do now???