Pending home sales

here's a well put little chart with an eye opening view:click

deliquencies rise:click

old listing, new news, remember 3701 N.E. 34th. paid 775k had a bunch of
plaster architectural features? anyways zip sent me a note it was being adverted as a short sale with asking of 599. dont see it now. someone bought it no doubt,
here is original purchase:

click

Property taxes to increase; click

Hope you had a fun weekend. will try and publish at least twice weekly. wrist still painful.

Plunge Alert

Exisitng home sales plunge; imagine that...




Homes no longer a path to wealth :click 20 years????existitng home sales

Fla realtors get bp dollars:

click

McMansions

are now ixnay in Fort Lauderdale:click

Huge mess coming:click

15 signs headed for total collapse:click

my view, in about 60-90 days from now, those recasts that are happening will start the foreclosure ball steaming along. All those catch me if you can, loans will now be
escalated to points unpredicted.

more foreclosures of builders:

click

Plunge

what goes up.... must come down....click

mcmansion ville horror??click we love the comments

Foreclosure fun:click

appeal deadlines:click

27%

foreclosures and other events caused home values to plummet:click

Economic problems from foreclosures:click

Federal reserve and foreclosures:click

Florida foreclosures the bigger they are:click

get the lead out, new rules concerning homes built before 1978. click

Drywall litigation heats up:click

trapped

19 percent of all home owners trapped:click

More foreclosures could cause double dip recession:

click

Home flippers back:click

first chinese drywall case gets 2.5 million:click

My my

prices in McMansionville tank:click love the comments.

Glug glug: underwater:click

Fell upon this auction site, not sure about it as I havent had the time to research it: click

Biggest losers: LHP....click

sellers

unhappy with realtors:click

here's a list of significant foreclosures, seems Ocean Bank wants their money:
click hotels, condos, you name it. impressive list.

New tax on sale:click

Foreclosures

Oh lookie Florida is first again;click

wait till the end of August when all those exotic interest only catch me if you can loans recast....

oil causing problems for us all:
click

thanks for ref for Pam. will give her a call. Seems nobody is buying the pigeon holes in south beach:

click

case shiller

prices increase in So. Fla. click

Thanks 140 re 51 st. interesting, the seller signed an option to sell in Feb of this year and buyer must have not exercised option,

click I read about all sorts of issues with lead with homes built before 1978 if my memory serves me correctly. has to do with paint. expensive as I recall. not that this had anything to do with this situation.

real estate listing here:
click

speaking of LHP. I sent one of those used house salesmen in LHP an inquiry. told them I might be interested in renting one of their listings. told them I was a home owner with a paid for home, and good tenant etc. self employed. net worth over 1 mil.
never heard back. imagine that. I will remember should I have a need for future services in that area to be sure and avoid this company. typical. times must be ultra good in lhp for the used house salesmen. I will however write the owner directly should I have further interest. Thinking about renting my house and renting out a house further south. want pool, dock, etc. don't want to decrease my standard of living as they say.

Max's mcmansion seems typical. Was out in wellington today on an errand at the mall.
nobody there. I wonder if the city of wellington is still employing janitor fish for the plethora of green pools. no doubt they are.

wrist getting better

Ms. J.

zip

here's a nice little chart from zip showing Florida the worst place to sell a home.
surprise surprise click

death

of blogs ???click

Mortgages

here's a nice little chart:click

3 more years:click

bank repos up..click

More

Gimme more.... foreclosures that is click

shadow inventory?click

double dippers;click

surge:click

50 thousand

foreclosures that is click wait till the Aug recasts in the upper level mtgs..

guess where the 10 worst real estate markets are ?.click

More free home tricks:click

Home loan apps at 13 year low;click

Foreclosures

Up surprise surprise, wait till those recasts in August eh....click

and speed it up would yah? does someone see the coming tsunami?click

Prepare for a dramatic decline in housing, didnt some say housing prices to tank?click


The rich... are walking away:click

Biggest loser

almost half of homes sold, sold at a loss: click

fire sale? we several golf club communities fall into foreclosure:click

Home prices are still to high and going to tankclick

wrist getting better, can type w/both hands although painful.

Worst

case scenario,
we have been watching the oil spill thing, whats the worst case scenario? how about all those wf property owners. One in Pensacola has filed a class action. BP fund managers says not enough money to pay property owners:click never mind oil on your beach what about dead animals and fish and a slurry of noxious toxins?

we saw where the used house salesmen were losing deals of people backing out of WF property.

With the long range predictions of the oil marching up the coast from the keys, what
will this do to sinking values? Time will tell.

Ms. J.

Falling

property values fall in PB county:click

Foreclosures sales on the rise:click


case shiller Florida falling:click

Glug Glug

44 percent underwater, 1 in 5 walkaway?click

The what ifs, what if the oil spreads further here and more walkaways and cancelled contracts?

Here's a dandy little chart from condo vultures that shows more added inventory, could it be sense of something bad coming like a sea of toxins?click I know I am over reacting.

Plunger alert

2630 N.E. 38th listing here, click nice work on the part of the used house salesman with the photo of the stained head (toilet).

purchase here:click

thanks 140, looks like a tear down to me.

Ms. J

Collapse crash

Worst collapse in new home sales ever:click gee wonder why ?

We lived in Sobe 5 years ago and visit, stay over on a friends boat every few months. We were just there a few weeks ago. If anything its 10 times worse as there are a lot more condos. I have gotten spoiled here with Whole Foods, Publix green market and Carmines all within striking distance and I can find a place to park my car anytime of the day at the supermarket. The homeless outside of the gate at miami beach marina were a new finding. I had to wait for a prescription for pain meds after having a root canal almost 5 hours. As said the everyday business of living is like living in a large city with few resources. The local health care leaves something to be desired as well in my experience.

Buyers picky

picky;click here

August is coming with recasts galore, throw in oil contamination and a hurricane and we would be in deep trouble.

No recovery in sight:

click here

got the hardware out of my wrist last friday..

South Beach, we lived there for 2 years at Sunset Harbour Marina on our boat.

What it is, fun, great restaurants, great gyms, events. The down side, grocery shopping is a nightmare, so is anything to do with getting a prescription filled,
buying a home item, only one small hardware store and parking is a nightmare to do any of the above. 12-15 to park at a restaurant, no free valet there and isolation from real world needs.

Fun place to visit but I wouldnt want to live there again,

Ms. J

up

told yah... act surprised would you.......click

bubble

bubble oil and trouble

here's a goody from the times click
still typing w/one hand. been watching the oil thing, this in my opinion has high probabilty of failure and has a high probability of coastal damage here, especially if we have a hurricane. if interested theoildrum.com is ameeting place for geologist and other petro professionals, the implications of real estate destruction is something to be considered.
the press has been silent regarding gulfstream fluid communication and the potential
for air and water contaminates.
there is even unsubstaniated rumor of planned mass evacuations if needed.

we live on an island, across street from water, and will keep a keen eye on events.

ms. j