Declining Housing Prices are a Good Thing
Friday, October 5th, 2007 Posted in news | No Comments »Michael Kinsley has an interesting article in the September 3rd, 2007 issue of Time Magazine stating that declining house prices are a good thing. Now, before you start yelling at your computer and sending nasty emails, give the article ...
Credit Crunch Overseas
Tuesday, September 18th, 2007 Posted in news | No Comments »The September 18th issue of The San Diego Union Tribune has an article reporting that people have been lining up outside Norther Rock, PLC in Britain to get their money out of the troubled bank, prompting the government to state ...
Houses Getting Cheaper for our Canadian Neighbours
Thursday, September 13th, 2007 Posted in news | No Comments »The Euro recently broke $1.38 US, a new all time high. So not only are houses going down in US dollar prices, but they're going down even faster in Euro's. Maybe we'll be able to sell all those new ...
New Houses for Sale
Wednesday, September 12th, 2007 Posted in news | No Comments »One of the areas to watch in the San Diego housing market is the new home market. It is really amazing to see all of the new houses being built, especially in the North County. Everywhere you drive you can ...
Housing Prices Falling
Tuesday, September 11th, 2007 Posted in news | No Comments »House prices are falling, which we all knew, but now its becoming official. Standard & Poors' nationwide housing index fell 3.2% in the second quarter, the steepest rate of decline since they started the index in 1987. The supply ...
Houses More Affordable
Tuesday, September 4th, 2007 Posted in news | No Comments »Well, apparently housing is now more affordable in California than it used to be. According to the San Diego Union Tribune, the number of Californian's able to afford and entry level home in the state rose in the second ...
Home Sales Decline
Wednesday, August 29th, 2007 Posted in news | No Comments »Home sales in the US declined for the fifth straight month in July, while the inventory of unsold homes rose to a record of 4.59 million units at the end of July, according to a story in the San Diego ...
News
Tuesday, August 28th, 2007 Posted in news | No Comments »Associated Press reported last week that Toll Brothers' 3rd quarter profit plunged nearly 85%. The companies CEO said that the quarterly cancellation rate was the highest since the company went public 21 years ago... Read story. Countrywide Financial, the biggest ...