Friday, September 29, 2006

A Sign of Where We're Heading

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Original ad showed $40K markdown on new homes in Palm Coast. Here is the new ad, with no mention of markdown, just prices as low as $70/sq f...
6 comments:
Thursday, September 28, 2006

New Series: "Florida Bubble P.O.S. of The Week"!

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The easiest way to determine whether or not your town/state/region is in a housing bubble is to look at the prices of the P.O.S. (piece of s...
17 comments:
Tuesday, September 26, 2006

Snake Oil Saleswoman

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Man, I thought the NAR/FAR had all but won the contest for " Best Ability to Promulgate Lies About the Housing Situation With a Straigh...
6 comments:
Friday, September 22, 2006

Nothing for Certain in Florida Except Death & High Home Prices, Taxes, and Insurance

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Between the irrational runup in home prices, the 2004-2005 hurricanes, and the "Save Our Geezers" regressive property tax system, ...
3 comments:
Thursday, September 21, 2006

NAR - 2005 vs. 2006

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It is truly amazing sometimes, how the NAR can make bold forecasts about how great the housing market is, and how it always appears to be ...
6 comments:
Friday, September 15, 2006

Affordable Places to Live

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If you have the ability to move, you might want to think about one of these places to live. Thoughts that come to mind from going through th...
5 comments:
Thursday, September 14, 2006

Florida - Now #1 in Foreclosures

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Of course, it depends on where you get your data - from a local rag that occasionally chooses to ignore key statistics* or a national news o...
13 comments:
Tuesday, September 12, 2006

A Cautionary Tale from Japan

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For those who don't know, Japan had a housing boom of its own - peaking around 1989-90. The mania resulted from the same BS that was bei...
6 comments:
Monday, September 11, 2006

A Good "Use" of Your Tax Dollars

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From the Tampa Tribune. Seems that we don't have enough construction workers down here. 'With bustling construction of new condomini...
10 comments:
Friday, September 08, 2006

More Food for Thought

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More Bubble-Related news, commentary, and research to ponder.... 1. How to Survive the Coming Bubble - Or, should I say, "Coming Burs...
11 comments:
Thursday, September 07, 2006

NAR's Forecast - Going Down, Down, Down in a Burning Ring of Fire

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Our good friends at the NAR (National Association of Realtors) have just released their latest forecast for 2006. Although they keep talkin...
41 comments:
Wednesday, September 06, 2006

House Values - A History Lesson

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In case you haven't seen it.... Here's a chart that says it all - right now we are in the most UNCHARTED territory in the history of...
8 comments:

The Incredibly Expanding Mortgage

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The latest numbers from 2005 indicate that 36% (yes, over a THIRD) of all mortgages written last year were "non-traditional" - ARM...
67 comments:
Wednesday, August 23, 2006

Finally, A Change in Florida

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Our "good friends" at the FAR (Florida Association of Realtors) are loath to admit it, but they have released their official numbe...
14 comments:
Tuesday, August 22, 2006

Top Resources for Keeping Track of the Florida Housing Bubble

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In this extremely over-valued market, you can never have too many sources of information to keep an eye on things. As such, I have assembled...
6 comments:
Wednesday, August 16, 2006

Something Smells in the Bay Area (and its not Red Tide)

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As you know, the NAR (National Association of Realtors) and the FAR (Florida Association of Realtors ) just released their 2nd quarter numb...
19 comments:
Monday, August 14, 2006

A Tale of 2 Taxpayers

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The "Save Our Homes" tax system is creating a 2-tiered hierarchy where one homeowner can be paying 3-4 times the property taxes th...
10 comments:
Wednesday, August 09, 2006

Yet Another Faulty Forecast

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Similar to the Hillsborough County Schools blunder (see post below) on expected student population for 2006-07, the NOAA is now predicting f...
11 comments:
Tuesday, August 08, 2006

Wall Street Journal: Housing Market May Have Hard Fall

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From today's WSJ. Some say its cool, some say it's c-c-c-COLD! "Bubble or not, the biggest housing boom in recent U.S. history ...
4 comments:
Monday, August 07, 2006

Tampa, we Have a Problem

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Here in Tampa, the Hillsborough County School District (one of the largest in the country by population) has experienced phenomenal growth o...
4 comments:

Defaults on the Rise (like the ancient Phoenix!)

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As you may know from my profile, I lived in Phoenix for 8 1/2 years. It, like Tampa, has experienced an unrealistic surge in home prices ov...
3 comments:

Sample Resignation Letter

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Funny, Mary is resigning from her job today, and I agreed to help her with her resignation letter. Did a search on yahoo and found this link...
7 comments:

Greetings

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Sorry to be blunt about this - are blogs not overrated? It seems everyone has one, so who the hell is reading all of these? Personally, I en...
2 comments: