Once again, it's time to Check "Some Assembly Rerquired" -- here's a tease or two: (please follow link to original)
'Nuff Said: “Dear Poor People, Thank You For Going Without Heat So We Can Buy Another Week of War”
Qualifications: Banks are beginning to insist that purchasers make 20% down payments in order to get a loan. Liberals are up in arms because this means people who shouldn't be buying a home won't be allowed to. Conservatives are worried that this will kill the profits from the mortgage securitization industry. Maybe the way to get Fannie and Freddie out of the mortgage business is to make the mortgage business go back to being a business, not a social project. Why would anyone with 20% to put down on a house buy in a market where prices are still falling? That level of stupidity should disqualify them for a loan.
Lawler: Observations on the Recent Surge in Net International Migration
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Today, in the Calculated Risk Real Estate Newsletter: Lawler: Observations
on the Recent Surge in Net International Migration
A brief excerpt:
NOTE: Hous...
5 hours ago
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