Posts
![[Most Recent Quotes from www.kitco.com]](http://kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent USD from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
Remember this?
Wednesday, January 16, 2008
The photo below is from "Home sales, prices are down sharply" in today's LA Times - a reminder of a bygone era when all you had to do in order to get rich in California real estate was to pitch a tent, pick out a house, and sign on the dotted line.
3 comments:
My Favorite is still this from the NY Times article
". In Miami, Ron Shuffield, president of Esslinger-Wooten-Maxwell Realtors, predicted that a limited supply of land coupled with demand from baby boomers and foreigners would prolong the boom indefinitely.
"South Florida," he said, "is working off of a totally new economic model than any of us have ever experienced in the past."
Hope they hung onto those tents - might have to live in them....
Contra Costa Supervisors Call for Foreclosure Moratorium
http://www.kcbs.com/Contra-Costa-Supervisors-Call-for-Foreclosure-Mora/1489371
MARTINEZ, Calif. (KCBS) -- The six-month, voluntary moratorium on mortgage foreclosures approved by county supervisors would benefit the area’s entire economy and not just home owners, members of the board said Tuesday.
The supervisors adopted the measure calling on lenders to limit foreclosures as more than $4.5 million in private money becomes available in the county to increase the number of credit counselors available to home owners struggling with rising interest rates.
Post a Comment