real azbroker

Case/Shiller Index: Are We Close to a Bottom?

T-bird is smoking too much of the green and white stuff or drinking too much of the bubbley. The currnt RE market conditions as almost all US homebuyers will agree, developed over less than 24 months (6/2004 - 6/2006) then went into the tank. where it has been for more than 24 months and will remain for at least another 6 - 12 months. Its cause as seen by the continuing failure of greedy lenders and speculators, e.g., Lehman, Fannie Mae, Freddie Mac, Countrywide, etc., etc. will not be cured until the feds make the failures subject to the free market and stop trying to be "lifesavers" with the public's money.

Bush and paulson need to keep their hands off. They help make the mess so stay away until the financial bums learn thier lesson.

Six High Yielding Electric Utilities

Dumped my MOT, after a big loss, and put it into PNW because it has a good 6%+ dividend. Also the AZ CorpCommission that sets electric rates has been reasonable with PNW/APS rate increase requests. PNW should grow results in the last quarter 0f 08 and more in 09.