Greece is junk...Who's next?

Click on the title above or the link below to review an article by the Associated Press and learn of Greece's debt crisis.

http://finance.yahoo.com/news/As-Greece-falters-fears-apf-3966475294.html?x=0

Good info, probably more conservative than reality will prove to be, as Ouch! believes we are still at least 5 years from a bottom.

Click on the title above or the link below to review a Businessweek article to learn Housing Rebound at Least 3 Years Away.

http://www.businessweek.com/news/2010-04-28/housing-rebound-at-least-3-years-away-ranieri-says-update1-.html

Just as Ouch! shared here on SmashedFeet, here comes the commercial leg down . . .

Click on the title above or the link below to review a Businessweek article to learn why Tourists May Leave Real Estate as Rates Rise.

http://www.businessweek.com/news/2010-04-27/-tourists-may-leave-real-estate-as-rates-rise-sternlicht-says.html

Bank Of America expecting to see foreclosures increase 600% read on...

Click on the title above or the link below to review an article by The Market Oracle to learn about the US Housing Market Crash Update.

http://www.marketoracle.co.uk/Article18742.html

Watch the 1st few minutes of this if you are one of those who thinks the economy and real estate markets are actually improving

Click on the title above to watch a video by ThinkBigWorkSmall.

CNN Money article on spike in new foreclosures . . . sounds more and more familiar

Click on the title above or the link below to review a CNN Money article on the foreclosure spike in the 1st quarter of 2010.

http://finance.yahoo.com/news/Foreclosures-spike-7-in-first-cnnm-2289163466.html?x=0&.v=2

Foreclosures rising

Foreclosure filings keep on rising, up another 16% from last year and 7% from just last quarter, the rate of rise is increasing - if you believe the worst is behind us please explain these facts? How can the worst be behind us if more properties are going into foreclosure than ever before and that number is growing???

Click on the title above or the link below to review the article by MarketWatch.

http://www.marketwatch.com/story/us-foreclosure-filings-up-in-first-quarter-2010-04-15?reflink=MW_news_stmp

Ouch! Thinks this is overly optimistic, but better info than most are presenting

Click on the title above or the link below to review an article by HousingWire and learn why Peak House Prices Will Return to Sand States After 2025.

http://www.housingwire.com/2010/04/09/peak-house-prices-will-return-to-sand-states-after-2025-fiserv/

Merrill Lynch accused of same fraud as Goldman Sachs

Click on the title above or the link below to review an article by Offshore Inn to learn Merrill Lynch Accused of Same Fraud as Goldman Sachs.

http://offshoreinn.com/investing/merrill-lynch-accused-of-same-fraud-as-goldman-sachs-tip-of-the-iceberg-of-fraud-charges/

Housing double dip coming in US

Click on the title above or the link below to review an article by MoneyWeek and learn how US housing market heads for a double dip.

http://www.moneyweek.com/news-and-charts/economics/us-housing-market-heads-for-a-double-dip-48006.aspx

WOW - Apparently banks are in such a mess they are foreclosing on the wrong properties!

Click on the title above or the link below to review an article by the St. Petersburg Times and learn how Bank of America forecloses on the wrong home.

http://tampabay.com/news/business/realestate/bank-of-america-forecloses-on-house-that-couple-had-paid-cash-for/1072632

Home ownership no longer the American Dream

Click on the title above or the link below to review an article from Mortgage Lending News and learn why Renting Is Now the New American Dream.

http://mortgagelendingnews.com/component/content/article/14-top-news/4875-renting-is-now-the-new-american-dream

Are people not paying their mortage, spending that money on shopping and thereby causing an artificial boost to the US economy? Hmmm

Click on the title above or the link below to review a CNBC article and learn if Mortgage Defaults May Be Driving Consumer Spending.


http://finance.yahoo.com/news/Mortgage-Defaults-May-Be-cnbc-1964280202.html?x=0&sec=topStories&pos=6&asset=&ccode=

David Walker speaks on how US can avoid triggering global depression

Click on the title above or the link below to review a Yahoo Finance article and ask yourself who will bail out America?

http://finance.yahoo.com/tech-ticker/u.s.-standard-of-living-unsustainable-without-drastic-action-former-top-govt.-accountant-says-458329.html?tickers=%5Edji,%5Egspc,dia,spy,tlt,IXJ,xlv&sec=topStories&pos=8&asset=&ccode=

Something to think about

Click on the title above or the link below to review an interesting article by Warren Buffet's partner Charlie Munger...worth the read per Ouch!

http://www.slate.com/id/2245328

New home sales drop to lowest levels on record!

Click on the title above or link below to review a Business Week article and think about Sales of New U.S. Homes Dropped to Lowest on Record.


http://www.businessweek.com/news/2010-03-24/sales-of-new-u-s-homes-dropped-in-february-to-lowest-on-record.html

New Home Sales Fall Again – No kidding!

Click on the title above or the link below to review a Reuters article


http://finance.yahoo.com/news/New-homes-sales-fall-durable-rb-3267311932.html?x=0&sec=topStories&pos=main&asset=&ccode=

Meredith Whitney discusses why housing double dip is about to begin.

Click on the title above or the link below to review a CNBC article to learn why the Housing Market Sure to Double Dip.


http://www.cnbc.com/id/35887306