It’s Monday, Fannie and Freddie have both been rebranded as "Feddie" and housing is going to the dogs, I mean cats: [Thanks M!]
Cats on a bank-owned roof: Bobcats claim foreclosed house
The foreclosure market is getting wild in Lake Elsinore: "Taking advantage of a slump in local real estate, a family of bobcats has moved into a foreclosed Lake Elsinore home, lolling about on fences and walls and riveting an entire neighborhood."
Neighbors first noticed the feline squatters Aug. 27 hanging out on a side wall of the empty house in the Tuscany Hills development…. The foreclosed home is one of several on the block. Its lawn is brown but still being watered by the sprinklers. The house sits right up against barren, chaparral-covered hills.[Follow the link for some great comments]
We’ve been wondering what to do with the excess housing supply- perhaps "wildlife habitat" is something to think about.
What else is there we should be thinking about today? We expect the news to come by fast and furious with the Fannie and Freddie takeover, and we’d like to catch what’s important on the sidebar. If we’re missing anything, please post it here- just humor Igor and give him the antispam word. It keeps him busy and out of trouble.
The comments section is just too funny. This one was my favorite:
“As I’ve said here before, the impending birth of little ones seems to wipe out any objections that would-be home buyers might have to taking the plunge. Plus, I think these animals just got tired of trying to time the bottom of the market and decided to make the move.
Posted by: sfvrealestate”
FELINE POWER
Interesting. Pumas are pretty danged dangerous, though. I wouldn’t go near them.
But then again, I wouldn’t touch most Phoenix area ‘taco-moderne’ Mcmansions, with a ten - foot pole.