Saturday, July 31, 2010

Which end is up?

Is your head buried in the sand while your backside protrudes skyward for the whole world to come along and kick? Tay appention, here are some more interesting links for you to explore as you attempt to grasp a portion of the reality that has become the US housing market, and to an extent represents both the national and global economies . . .


http://www.benzinga.com/10/07/404577/foreclosures-continue-to-dramatically-increase-in-2010

interesting take on future of US housing market, and possibly US economy in general



http://money.usnews.com/money/personal-finance/real-estate/articles/2010/07/16/6-reasons-the-housing-market-hasnt-recovered.html

US News & World Report You’ve heard them all from us before, so here they are 6 reasons the housing market isn’t recovering, summarized by US News & World Report



http://www.reuters.com/article/idUSN2924663420100729

Reuters Lowest interest rates on record lead only to refinances, not new sales



http://finance.yahoo.com/news/Foreclosure-activity-up-apf-648738451.html?x=0&sec=topStories&pos=3&asset=&ccode=

Reuters Foreclosure activity continues to increase . . .



http://www.bloomberg.com/video/61784926/

Bloomberg Co Creator of Case Shiller housing index says US housing is “dead in the water.”