Many thanks to Aaron at Implode-O-Meter for helping Doom to a record day last Thursday. 
We’ll accept help from wherever it comes from. As always, twist and I are anxiously awaiting your latest finds. Just drop them in the Reply box, and don’t forget to feed Igor his tasty little anti-spam word!
Home sales “very sick,” figures hint
Summary (South Florida)
Homes : 21 months of inventory
Condos: 27 months of inventory
NVmike -
Nice dig (Linda Rawls of the Palm Beach Post has been one of the best MSM reporters on RE in Florida).
Here is an example of reality hitting a kind of “need to sell” home seller in the Phoenix market per comments on Phoenix Craigslist. The perspective is quite interesting, “my house should be worth x, not y.”
http://forums.phoenix.craigslist.org/?ID=61747486
And, then another post/complaint from the would be seller.
http://forums.phoenix.craigslist.org/?ID=62275749
Enjoy.
manfre -
Regret the delay approving your post. Igor sometimes puts things in jail if they have more than one link.
manfre -
By the way, how did you manage to get accused of being a poet when your only sin was having a rhyming post heading?
I know the rent is in arrears
It’s even worse than it appears…
NEWS ALERT
from The Wall Street Journal
April 24, 2007
Existing-home sales took the biggest tumble in 18 years during March as poor weather struck demand. Home resales fell to a 6.12 million annual rate, a 8.4% decrease from February’s revised 6.68 million annual pace. The median home price was $217,000 in March, compared with $213,600 in February but 0.3% below $217,600 in March 2006.
For more information, see: http://wsj.com/article/0,,SB117742111424480428,00.html?mod=djemalert
i´m back at least for today from my mini vacation
U.S. House Prices Slide As Property Glut Grows
http://immobilienblasen.blogspot.com/2007/04/us-house-prices-slide-as-property-glut.html
stock market rallies since 1900 / chart
http://www.chartoftheday.com/20070427.htm?T
Comparative Math Quizzes / Minyanville
http://immobilienblasen.blogspot.com/2007/04/comparative-math-quizzes-minyanville.html
Sale of the century – buy backs / economist
http://immobilienblasen.blogspot.com/2007/04/sale-of-century-buy-backs-economist.html
china / stock market frenzy / economist
http://immobilienblasen.blogspot.com/2007/04/china-peoples-republic-in-grip-of.html
Fed drained $5.25 billion from the U.S. banking system
first in three years
http://forum.themarkettraders.com/read-m/26/7193/7193#msg-7193
Hedge Fund Borrowing Propping Up the Dollar and Stock Market / rodger rafter
must read!
http://rebalancing.blogspot.com/2007/04/hedge-fund-borrowing-propping-up-dollar.html