cheaprealty net

Peter describes a general scenario for an economic crisis, that focuses on getting out of the US Dollar.

Prices are falling everywhere -  a breakdown of the current numbers and whether the bottom is anywhere in sight.  Emphasis on the problems in Florida, California, Nevada and Arizona, and how they are driving the aggregate numbers for the whole country lower.

Thanks chachiarkola.

Check out some real estate commentators.  They start out with the old "Is it time to buy or sell?" question.  Then they proceed to put some body blows on prospective sellers, to soften them up for aggressive pricing in the spring.  'Cause no sales = no commissions.  Industry spin?  Maybe, but it's interesting to see the industry turning on the same sellers who were encouraged to list higher and higher when money was free.  Now the pendulum has swung back and its time to soften up the sellers and knock those sugar plum fairies out of their heads.

Sorta slick.  Thanks kellerwilliams.

"The Miami grassroots group Take Back the Land has launched a campaign to help some of the victims of the foreclosure crisis. The group has been helping homeless families illegally move into vacant homes that have been foreclosed."

- press release

Food for thought, which right trumps, property rights or the right to shelter?  The aftermath of a housing crash, these questions become relevant.