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    • Wed Aug 20th 07:27 AM | Rating: 0 0
      Commented on:
      Southern California Home Sales Rise: No, That's Not a Typo
      This site is an excellent resource for real estate data and analysis in the California market:

      www.dqnews.com/News/Ca...


      View article »
    • Mon Aug 18th 15:30 PM | Rating: 0 0
      Commented on:
      The Great Consumer Crash of 2009
      I am aware that SA will re-publish an author’s work with a new title but it would seem that much of what you have published on SA has appeared elsewhere at an earlier time, perhaps even this article. While that does not take away from the quality of the analysis or conclusions, it strikes me as somewhat disingenuous to not disclose prior publication given the political overtones of your contributions.

      ____________________

      Published by SA August 17, 2008 - America's Fiscal Crisis: Tough Decisions Needed Now

      Previous title, Published May 2, 2008 - Why We Need Ron Paul

      www.lewrockwell.com/or...

      ____________________

      Published by SA August 13, 2008 - The Economic Cost of the Military Industrial Complex -

      Previous title, Published June 18, 2008 - Ron Paul and Dwight D. Eisenhower True Patriots

      www.lewrockwell.com/or...

      ____________________

      Published by SA August 6, 2008 - Corporate Fraud + Government Intervention = Bailout Nation

      Previous title Published June 18, 2008 – Corporate Fraud + Government Intervention = Bailout Nation

      www.lewrockwell.com/or...

      ____________________

      Published by SA August 4, 2008 - Delusions of Debt - Published

      Previous title Published July 26, 2008 – Truth is Treason in the Empire of Lies - Delusions of Debt – The Ron Paul Solution

      freethemarketman.wordp.../
      View article »
    • Mon Aug 18th 14:05 PM | Rating: 0 0
      Commented on:
      America's Fiscal Crisis: Tough Decisions Needed Now
      The above article seemed very familiar, sure enough it was posted by you in another forum several months ago with a different title. I know SA re-publishes but it would be nice to see a disclosure. (they also should have stuck with your original title )


      Why We Need Ron Paul
      by Jim Quinn
      May 2, 2008

      www.lewrockwell.com/or...
      View article »
    • Tue Jul 15th 18:56 PM | Rating: 0 0
      Commented on:
      Bill Ackman's Plan to Save Fannie and Freddie
      The links below are the video version of the above -- but my favorite scene is at minute 4 of part 2 where he rationalizes his short positions:

      Part 1
      www.cnbc.com/id/158402...

      Part 2
      www.cnbc.com/id/158402...
      View article »
    • Sat Jul 12th 11:30 AM | Rating: 0 0
      Commented on:
      Weekend Thinking: An Agency Recapitalization Proposal
      It does feel a bit like the weekend of March 15-16, I wonder who next weeks heroes and villains will be and if S&P will bounce off the glass bottom or shatter it? I've been meaning to dig out an old copy (video) of the interview with Marty Zweig from October 15, 1987 and his ominous comments - I'll provide the link if I can find it and get it uploaded
      View article »
    • Sat May 17th 12:19 PM | Rating: 0 0
      Commented on:
      Housing Prices Take Their Toll - Cramer's Mad Money (5/13/08)
      As predicted:

      April 16 -There is little doubt that next time we here from Bob he will be announcing that Aviano (Naples) has sold out (albeit for the second time) and that sales at Firano have doubled (Naples).-

      seekingalpha.com/artic...
      View article »
    • Wed Apr 30th 10:00 AM | Rating: 0 0
      Commented on:
      Foreclosures: Pick a State, Any State - Housing Tracker
      The link for non-prime mortgage info that you provided is fantastic -(it might be of value to make this a (semi-)permanent link on your housing tracker posts)

      www.newyorkfed.org/mor.../

      The appendicies are also an excellent resource:

      www.newyorkfed.org/reg...
      View article »
    • Thu Apr 24th 17:11 PM | Rating: 0 0
      Commented on:
      Condos With Embedded Puts
      So if the unthinkable happens and a Bear Stearns scenario occurrs with LEH, I wonder if the purchasers will be covered in the bailout. What a disaster – the developer is trying to offload 200 units while there are at least 100 listings of re-sales at the West Bay Club plus the shadow market inventory, properties that the builders are stuck with etc. -- all in a development that when fully built out in 2010 was to have had just a 1,000 units.

      The link below is to just some of the MLS re-sales at West Bay:

      www.swfhomes.com/West-...
      View article »
    • Thu Apr 24th 10:07 AM | Rating: 0 0
      Commented on:
      Bill Miller: Credit Panic Ended With Bear Stearns
      A quotation from the above article:

      "For planning purposes, here is my forecast: I think we will do better from here on, and that by far the worst is behind us."

      and a quotation from an earlier article (November '07)from the same author as he discussed Countrywide Financial (CFC) that currently trades in the $5 range.

      "The price action on both sides was driven by emotion -- first fear, then relief -- and was hardly the result of a careful analysis of Countrywide's long term business value. That, by the way, we think is in the $40's compared to its current price of about $14-15."



      seekingalpha.com/artic...
      View article »
    • Wed Apr 23rd 16:10 PM | Rating: 0 0
      Commented on:
      Anti-Foreclosure Measures and Lenders Rights - Housing Tracker
      From the Sunday NY Times:

      CAPE CORAL, Fla. — In a county with one of the nation’s highest foreclosure rates, empty houses have attracted a new type of nonpaying tenant: bees

      Tens of thousands of honeybees, building nests in garages, rafters, even furniture left behind.

      When a swarm came to the foreclosed ranch house at 3738 Santa Barbara Place in Cape Coral, town officials called B. Keith Councell, a fourth generation beekeeper and licensed bee remover.



      www.nytimes.com/2008/0...
      View article »
    • Sat Apr 19th 23:16 PM | Rating: 0 0
      Commented on:
      Option ARMs and the Next Wave of Foreclosures - Housing Tracker
      Sorry for the excessive focus on Naples, FL and area– the following two articles are an interesting commentary and perhaps bellwether for the quasi-residential / commercial market, notwithstanding Blackstone’s investment versus the divestement of (an other “old salt”) Jack Antaramian.

      www.naplesnews.com/new.../

      www.naplesnews.com/new.../
      View article »
    • Fri Apr 18th 19:24 PM | Rating: 0 0
      Commented on:
      Option ARMs and the Next Wave of Foreclosures - Housing Tracker
      And these headlines from the market that Bob Toll says offers a "Glimmer of hope" in an otherwise weak selling season:

      Naples foreclosure rate climbing the charts

      www.naplesnews.com/new.../


      Home sales fall in March by 12% in Naples area

      www.naplesnews.com/new.../
      View article »
    • Fri Apr 18th 09:14 AM | Rating: 0 0
      Commented on:
      The Housing Problem: What Inning is It?
      Interesting article – what I find a bit frustrating is the lack of proper citations e.g. “a recent AP-AOL survey” and separately a link to a subscription service to an article written by the author.

      At least Hussman provides the full text of his article both on SA and his own site along with appropriate backup data.
      View article »
    • Wed Apr 16th 19:05 PM | Rating: 0 0
      Commented on:
      Homebuilders Remain Pessimistic - Housing Tracker
      Back at the end of February Robert Toll made the following comment:

      “We have seen a few glimmers of hope, for example, in the Naples, Florida area and the suburban Washington D.C. market. The improvement in Naples, which was a tremendous market before the downturn, is noteworthy because from March 2006 through late 2007, it seemed as though we couldn't give away a home there.”
      www.primenewswire.com/...

      I finally got around to visiting Toll’s two Naples developments to get a better understanding of these “Glimmers of Hope”.

      The Aviano development (150 homes) came online in September of 2004 and sold immediately even with anti-speculation restrictions that included a purchase limit of one house per person and no re-sales during the first 12 months of ownership. Toll is still active at the development, however, as it is tries to unload six or so “Quick Delivery Homes” which is a euphemism for homes that have been completed but that the buyers walked away from. Toll is offering these at a discount of up to 40% from the original price with additional incentives.

      Toll’s second development in Naples called Firano, came online in September 2006. Scattered across the 112 home sites of the development are 8 or so houses that have been completed and another three under construction. Of the completed houses two are part of the “Quick Delivery” program (discounted in the 20-30% range with additional incentives). An additional 10 lots are either sold or on hold.

      As I looked across the empty wasteland of their Firano development, what Toll calls a “glimmer” appears to me to be an hallucination. It is indeed a sad commentary that the CEO of America’s largest luxury homebuilder would even comment on the few “quick delivery houses” at Aviano or the handful of properties that have been sold at Firano.

      There is little doubt that next time we here from Bob he will be announcing that Aviano has sold out (albeit for the second time) and that sales at Firano have doubled.
      View article »
    • Mon Apr 14th 13:19 PM | Rating: 0 0
      Commented on:
      Housing Market Tracker - Texas Slumps, Florida Perks Up Slightly
      This headline from the front page of the Sunday edition of Naples Daily News (FL)

      Market Turning Around for $300,000 and Under Homes

      www.naplesnews.com/new.../

      Inside the 172 page paper there are no less than forty pages of real estate ads (new and used) plus a sixty page full color insert featuring hundreds of open houses and hundreds of other listings.
      View article »
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