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Archive for the ‘foreclosure’ Category

Obama's policies are so destructive, even his union pals are getting …

directorblue.blogspot.com12/21/11

In fact, when it comes to jobs, Obama's policies are so bad that even his union pals are starting to notice. The latest to take notice is the Communications Workers of America union. It reported last month that AT&T's $39 billion …

PJ Media » Obama's Policies Are Gutting the Middle Class

pjmedia.com12/16/11

One of Obama's core claims is that the policies of the past, coming from largely Republican administrations espousing and carrying out conservative ideas, are what brought the economy to the brink, and that those ideas and …

There’s a very old joke in advertising circles that goes like this:

A big firm gets an account to launch a new brand of dog food and it’s an all-hands-on-deck operation.

People working flat-out on logos, slogans, music, endorsements, product placement, and ads suited to every medium.

Launch day comes, and everything goes perfectly, but after a couple of weeks, sales are wretched and it becomes clear that the campaign is tanking.

The whole staff of the adverizing agency gathers in a big conference room for a gloomy post-mortem and each element of the launch is second-guessed, and recriminations fly.

Finally, a junior writer in a seat against the wall timidly raises his hand and puts forth his opinion:

“Maybe the dogs didn’t like it?”

Obama’s Policies? Maybe The Citizens Don’t Like Them?

Leading Democrats and pundits are forlorn and dismayed that the president and congress haven’t gotten credit for what they consider to be an impressive record of accomplishment.

Rescuing the banking system and the U.S. auto industry, passing the stimulus, health care, financial and regulatory reform.

But the dogs, I mean "citizens" just didn’t like them.

In a survey released last week, Gallup found that of five major pieces of legislation, only the financial regulatory reform enjoys majority support. 

What’s Clear Is That:

The failure of the stimulus to produce jobs cast a pall over everything else, and the majority of the public regards the year spent debating health reform as a diversion from what it thinks should have been a sustained focus on the economy and IMHO they’re right!

The Bottom Line For The Dems

The Dems can neither run on their record nor run away from it and their only hope is to convince the American people that giving power to an opposition party in its angriest and least moderate mood would only make things worse.

And when you can only run on a platform of, "THEY will only make things worse".

Then surely you’re in very big trouble?

Home values continue to drop in Whatcom County – Business News …

www.bellinghamherald.com2/24/12

Since the end of 2006, the local home price index has depreciated 11.3 percent. Washington state continues to be hit particularly hard by declining home values, according to the report. The purchase-only home price index in …

Getting The Best Results From Real Estate Buying | Genealogical …

irgs.net2/25/12

As with all investments, timing is essential when it comes to purchasing real estate. As essential as real estate might be to the progress of society, its price does not continue to rise permanently. At some point, like the stock …

Home Prices Drop By Record Amount

According to the National Association of Realtors, whose records go back to 1979, the median U.S. price for an existing single-family home dropped a record 15.6% to $174,100 in the second quarter of this year.

But Home Sales Increased

Meanwhile, sales of new homes increased by 11% for new homes and 3.6% for existing homes, which suggests that it’s a buyer’s market, and that buyers are taking advantage of the falling prices.

The total dollar reduction was $27.8 billion, and the states that were hardest hit were Nevada (15%) and Florida (13%) and a quarter of would-be sellers lowered prices by around 10%.

Which States Reduced Had The Most Reductions?

Connecticut, Massachusetts, Rhode Island and Illinois had the highest share of homes with price reductions of around 33%.

Then came,

Oregon 29%, followed by,

Washington
New Jersey
Minnesota
New Hampshire
Maryland.

Which Cities Were Worst Hit?

Jacksonville, Florida 38%
Portland, Oregon 35%
Milwaukee, Minneapolis, Boston and Seattle 34%
Albuquerque, New Mexico, and Chicago 33%
Detroit; 16%
Las Vegas 15%
Miami 13%
New York City and Phoenix 12%
San Francisco and Los Angeles 10%

* Undeveloped land and foreclosed properties were excluded from the above estimates.