LAN Crashed Yestersday
My internet provider crashed yesterday afternoon, so I haven't been able to post or check news. Any links are appreciated as the tech guys work out the problem. Please check back soon, as I will get back up to speed shortly.
The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole. ATTENTION: Backup Blog at: http://thehousingbubble2.blogspot.com/
Thursday, May 12, 2005
Previous Posts
- Home Prices Up, Pay Down: "No Concern" For Fed
- Bikini Clad Realtor: "It's Got People Thinking"
- Mortgage Firms Compete Over Diminishing Market
- Arizona Spikes Higher
- Miami Condo Inventory Hangs Over Developers
- Insider Selling Continues At Countrywide
- RE Boom Takes Over The Economy
- "Creative Mortgage Products" Result In Foreclosure
- Experts: This Will Level Off, Honest!
- RE Speculation Scams Drawing Scrutiny: UK
Links
- HOME
- 10 Year US Bond
- Fannie Mae
- National Mortgage News
- Origination News
- Demos
- Mortgage Bankers Assoc.
- OFHEO
- Center for Economic and Policy Research
- Fitch Ratings
- Realty Times
- Inman News
- US Treaasury
- BlogKits-Building Blog Relationships
- House Price Crash UK
- The Money Files
- San Diego Real Estate Chrono-Collapsometer
- Bay Area Housing Crash Continues
- HouseBubble.com
- Vancouver Housing Market Blog
- housingbubble.com
2 Comments:
BEFORE YOU CASH IN
http://www.nypost.com/realestate/43612.htm
'You'll repay when you sell. If you sell your home, you will be required to pay off your home-equity line of credit in full - just as you have to pay off your outstanding mortgages. "If you are likely to sell your home in the near future, consider whether it makes sense to pay the up-front costs of setting up a line of credit," says McCue-Perez.'
I never knew this. Yikes! This will be painful, when prices drop and owners need to sell. How many Boomers are thinking about this?
Great post Melody,
Please watch the Houston market for us.
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