10 Comments for this entry

1. jan-martin feddersen says:

   April 27, 2007 at 4:36 AM

   hello,

   have put my links in the “crack of the doom” thread.

   have a nice weekend
2. jan-martin feddersen says:

   April 27, 2007 at 6:01 AM

   Fact and Fantasy / comstock

   http://www.comstockfunds.com/index.cfm?act=Newsletter.cfm&CFID=17363476&CFTOKEN=10357829&category=Market%20Commentary&newsletterid=1301&menugroup=Home
3. NVmike says:

   April 27, 2007 at 11:26 AM

   re: New planet

   Aha! So God is making more dirt!
4. Chuck Ponzi says:

   April 27, 2007 at 12:12 PM

   Hate to burst your bubble, but I’ve understood that there’s a good possibility that this new “planet” is 5 times the mass of Earth, as well as potentially completely covered with water.

   Habitable? Maybe if you live on a houseboat or are Kevin Costner’s Waterworld character, it would work, but that whole 20 light years away thing is a little hard to come by. Too bad the government hasn’t admitted to the stargate program yet.

   Chuck Ponzi
   http://www.socalbubble.com
5. jan-martin feddersen says:

   April 27, 2007 at 10:44 PM

   David M. Walker, Comptroller General of the United States at Colbert /

   http://immobilienblasen.blogspot.com/2007/04/david-m-walker-comptroller-general-of.html
6. NVmike says:

   April 28, 2007 at 2:30 PM

   I’d like to see more of these retractions from last December’s “we’ve hit bottom!” and “the worst is behind us!” crowd:

   Foreclosures could lead to opportunities

   About-face: In his latest take on the Las Vegas housing market in light of new home sales remaining weak, new home prices dropping and inventory of existing homes increasing, Smith said he appears to have underestimated what was happening when he predicted at the end of 2006 that the market was bottoming out.

   Smith said any suggestions that the market was going to improve by the end of 2007 appears to have been just wishful thinking. He said a recovery may not happen until 2008 or even 2009 based on the current trends.

   Smith said he wouldn’t be surprised if some neighborhoods saw home prices drop as much as 20 to 30 percent because of a glut in those areas. Other neighborhoods where fewer homes are on the market would remain the same, he said.
7. twist says:

   April 28, 2007 at 8:41 PM

   NVMike-

   It was hard to believe that Dennis Smith is making sense. I’m not sure if I can make the adjustment if the other LV cheerleaders come on board. I’m trying to picture myself saying, “Steven Bottfeld summed it up best when he said…” and I’m having a hard time.
8. jan-martin feddersen says:

   April 28, 2007 at 11:10 PM

   Abn Amro “won’t Touch This”, Comparison of UK and US housing markets

   http://immobilienblasen.blogspot.com/2007/04/abn-on-uk-housing-wont-touch-this-plus.html
9. jan-martin feddersen says:

   April 28, 2007 at 11:13 PM

   wanted to add that the abn ambro report includes also a great chart from france, china, netherlands, japan, germany
10. NVmike says:

    April 29, 2007 at 7:54 AM

    Interesting:
    A New Law May Hurt More Than It Helps (NY Times)

    NEW YORK STATE’S Home Equity Theft Prevention Act, which took effect on Feb. 1, is meant to protect homeowners who have defaulted on their mortgages from predators intent on bilking them out of their property. But lawyers and title insurers say the law may have some unintended consequences.

    The law applies to the owner of a one- to four-family home who is facing foreclosure or who is more than two months behind on mortgage payments. If he sells the house to avoid foreclosure, under some circumstances he can rescind the sale for up to two years.
    …

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