What Does A Parent Tell An 18 Year Old?

Readers suggested a topic on family and planning for the future. "So…….what does a parent tell an 18 year old about what she should do to get ready for the future? I have no idea what to tell her. An education is a major investment, and if the present trends continue, a total crap shoot on whether...
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How Will The Hurricane Effect The Decline?

Readers suggested a topic on hurricanes and housing. "Hurricane Irene is going to slam into the bubble territories of NJ, NY, CT, RI and MA. These bubble states have barely come down (especially Long Island and NYC) since the pop of 2006." "How will the hurricane effect the decline? Empty houses...
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The Feast Is Nothing More Than An Empty Promise

It's Friday desk clearing time for this blogger. "Hundreds of at-risk homeowners poured into the Palm Beach County Convention Center on Friday in hopes of saving their homes. According to U.S. Rep. Ted Deutch, D-Boca Raton, maintaining homeownership is pivotal in turning the economy around. 'The...
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Sellers Are Grateful To Have An Offer

The Star Tribune reports from Minnesota. "While second-home values have started to slip in the past two years, cabin values held their value better than primary homes. Linda and Woody Holder have lived on Big Sandy Lake in Aitkin County for several years in their 'dream home,' a 2,800-square-foot...
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Upside-Down Or Underwater, It Means Trouble

The Times Picayune reports on Louisiana. "The average price per square foot of homes in the New Orleans area fell 5 percent in the first half of this year, according to new data from the New Orleans Metropolitan Association of Realtors. All parishes except Orleans have entered their fourth year of...
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Like Passengers On The Deck Of The Titanic

As I'm in Phoenix for the first part of this week, a post on Arizona. Kaiser Health News. "In the fourth year of a depressed real estate market, experts say thousands of seniors remain unable to move into senior housing because they can’t sell their homes quickly enough or for the price they need....
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A Sign Of The Bubblepocolypse

A reader suggested a topic on the Australian housing bubble. "I want to talk about the craziness going on in Australia right now. Pure hilarity down there. I’ve been entertaining myself watching 'The Renovators,' a show currently on TV down under. The market down there is insanely deluded, to an...
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What Constitutes Progress

Readers ss a topic on house buying, financing and owning. "I’d like a better understanding about the historical context of home financing/owning/buying. 1) The evolution of FHA, HUD, VA loans, etc. (And how were homes purchased prior to the invention of the 30 year mortgage?) 2) Historical down...
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The New Housing Market

It's Friday desk clearing time for this blogger. "The number of people who bought previously occupied homes fell in July for the third time in four months. This year is on pace to be the worst in 14 years for home sales. Since the housing boom went bust in 2006, sales have fallen in four of the...
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