We’ve just received a report from Doom Castle that Mrs. Twist is travelling in North Arizona, and after long searching has found the only place left in America absolutely free of the internet.
But just because the boss is enjoying real life today, it doesn’t mean you have to. Feel free to let us know what you think of un-inverted yield curves, non-core inflation, or any other bubble related topic that’s on your mind.
It’s Friday 
As always, this post’s for you!
UK House Bubble
Mish's Global Economic Analysis
Ohio Fraudclosure
Bubble Meter
Northern Virginia Housing Bubble Fallout
Breaking News Relevant Articles© Copyright 2012 Housing Doom | Copyright© 2011, AuthentiCraft, Inc.
Checking the engine / Economist
http://www.economist.com/finance/displaystory.cfm?story_id=9307810
This is Just Criminal / Rodger Rafter
http://rebalancing.blogspot.com/2007/06/this-is-just-criminal-on-wednesday.html
I will be in the same part odf the country in a few weeks. While I am looking forward to it, not being connected will take a biit getting used to.
Just an FYI….Interest rates are on the rise and we may be moving into the 7% rates soon.
Hey aaaaudio,
Where do you see these rates at?
This is an interesting property for a cool million. No I’m not a realtor and I’m not trying to sell it, it’s just a neat property, it has 9 fireplaces!
http://www.starkhomes.com/vp/ListingServlet?SITE=STARK&ScreenID=LISTING_DETAIL_P&EXCEEDLIMIT=Y&totalFound=0&showMap=N&cd_MLS=269805
Leitch House 752 E. Gorham Street 1857-1858
The superb William and Jane Leitch house is one of Madison’s most important nineteenth century buildings and our best example of the mid-19th century Gothic revival style. William Leitch was born in England, came to New York in 1829 and moved to Madison in 1858, having written ahead to get construction started on his family’s new house. Madison sandstone was used for the walls, slates covered the roof and woodwork was carved in lacy medieval designs. The house cost almost $14,000 to build, in a day when a good frame house could be built for $500.
Leitch, a merchant, was elected Mayor of Madison in 1862, 1863 and 1864. The next owners were Carolyn and M. Ransom Doyon, Doyon serving as Mayor in 1888 and 1889. The Doyons were followed by Bella and Nils Haugen, a lawyer and prominent figure in the progressive movement.
Designated April 17, 1972
National Register of Historic Places
From Bubble talk to double talk:
http://www.fool.com/investing/general/2007/06/06/from-bubble-talk-to-double-talk.aspx
Study analyzing home sale prices from 1998 to 2004 find that FSBO sellers sold homes at or above agent listed home prices.
http://www.nytimes.com/2007/06/08/business/08home.html?ex=1338955200&en=f78f255aa51ccc6e&ei=5090&partner=rssuserland&emc=rss
The findings fly in the face of studies by the National Association of Realtors. The group has said that houses sold via its members’ local multiple listing services get a 16 percent premium over homes sold by their owners.
Forgot to quote my quote in my previous post. Oops.
metroplex -
http://news.google.com/news?um=1&tab=wn&client=safari&ie=UTF-8&oe=UTF-8&rls=en&q=mortgage%20rates
Its as high as 6.875 here in Tucson as of today.
I am a mortgage broker and see Wells Fargo wholesale rates, First Magnus wholsesale as well. I also looked at mortgage market guide market comentary and they are saying we are still 100 basis points from the stable zone. Wells Fargo YSP at 6.625% 30 year fixed showed .6% The 30 year bond is 5.5% I think as of yesterday. 10 yr is a little over 5 as well. Hope this helps some of you.
Jason