Archive for May 31st, 2008

Greenspan Apparently Suffering From "Bubble Blindness"

From Reuters yesterday: MONTREAL (Reuters) – Former U.S. Federal Reserve Chairman Alan Greenspan said on Friday that he does not expect another "bubble" in world markets for a long time, and that central banks at any rate do not control the long-term interest rates that can be related to bubbles.

Builders: "Agents Drag Your Customers Way Out Here, We'll Pay Your Gas"

For developments far from the center of town, apparently the potential of a large cobroke isn’t enough to entice agents any more. More and more often, the builders are offering to kick in with gas money- this D.R. Horton offer being the most I’ve seen so far.  Usually the builders just offer a one trip gas card: [Thanks L!]