Watching A Train Wreck In Slow Motion

A report from the Virginian Pilot. "Two years ago Maurice Watkins' budding career as a real estate agent seemed off to a good start. Listings sold quickly, and buyers were aplenty. Now, the 28-year-old Norfolk resident spends hours each day in his apartment trolling career Web sites in search of a...
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The Best News We Can Possibly Ask For

9 News reports from Colorado. "The president of the National Association of Realtors says he doesn't know if we've hit the bottom in the housing crisis, but he's hoping the new stimulus bill will help those trying to buy or sell homes. Charles McMillan spoke to 9NEWS via satellite and said the...
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Those Cash Registers Now Tend To Be Liabilities

The Times Delta reports from California. "Jeff and Brittany Jenkins ran up against a hard new reality for Tulare County homeowners last year. Planning a move back to Phoenix to be close to Jeff's parents — his father had been diagnosed with cancer — the Jenkins put their Visalia home up for sale in...
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From Extremely Affordable To The Craziness Of The Era

It's Friday desk clearing time for this blogger. "Michael Smith moved 2,500 miles across Australia in July to earn A$120,000 ($80,000) as a blaster. Now the 30-year-old explosives expert is a motorcycle courier making half his former wage. Smith’s woes mirror those of Western Australia. The...
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HBB On The Road To Las Vegas

The following was put together by the lady organizing the LV meet-up. We are expecting a German documentary film-maker to do some interviews. "It’s official! The first International HBB Meeting will be held in Las Vegas Friday, February 20th through Sunday, February 22nd!" "We have two hotels at...
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Back To The 1950s

A report from the Daily Citizen. "U.S. Senator Johnny Isakson, R-Ga., spoke on the Senate floor last week and argued that Congress must take steps to jump-start housing demand in order to boost the slumping economy. On Jan.15, Isakson introduced the Fix Housing First Homebuyer Tax Credit Act to...
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Bitter Former Owners In California

The Ventura County Star reports from California. "Rose Vicente is tired of waiting. Sixteen months after she and her husband, Manny, put their Simi Valley home up for sale for $650,000, they decided they couldn’t put their life on hold any longer. Although they still are waiting for a buyer, the...
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What They Are Looking For Behind The Veil

Readers suggested a topic on the new administration. "I had hopes that Obama would bring in some new blood, to do some creative thinking on what needs to be done. But it appears that he is stocking his cabinet with Clinton area retreads/Democratic Party shills (Aka, the same people that had a big...
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How Much Blame Does He Deserve For This Mess?

Readers suggested a topic on the housing bubble and the outgoing President. "Since we are approaching the end of the Bush debacle, a very good topic would be how much blame he deserves for this mess. Throw out your shoes on the 20th. In the streets!" "How many of us would it take to buy us some...
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The Consequences Of Post Housing Bubble Policy

Readers added to my topic suggestion on policy. "There is a housing bubble question regarding the government and central bank that needs to be addressed at this point in time. What are the consequences of post housing bubble policy?" "It is well known that Japan had twin manias in both stocks and...
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