The Crack of Doom – Week of April 23, 2007

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!

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13 Comments for this entry

  1. NVmike says:

    Home sales “very sick,” figures hint

    Summary (South Florida)

    Homes : 21 months of inventory
    Condos: 27 months of inventory

  2. John M. says:

    NVmike -

    Nice dig (Linda Rawls of the Palm Beach Post has been one of the best MSM reporters on RE in Florida).

  3. manfre says:

    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.

  4. John M. says:

    manfre -

    Regret the delay approving your post. Igor sometimes puts things in jail if they have more than one link.

  5. John M. says:

    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? ;)

  6. wcvarones says:

    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

  7. 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

  8. 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

  9. 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

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