Archive for February, 2008

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Home Index Sees Steepest Decline In 20 Years

Tuesday, February 26th, 2008

The S&P/Case Shiller home price index says U.S. home prices dropped 8.9 percent in the final three months of last year.

Widespread House Price Declines In Fourth Quarter

Tuesday, February 26th, 2008

Pockets of Strength Remain; Coasts, Midwest Show Biggest Declines
WASHINGTON, DC – U.S. home prices fell in the fourth quarter of 2007 according to OFHEO’s seasonally-adjusted purchase-only house price index. The index, which is based on data from home sales, was 1.3 percent lower on a seasonally-adjusted basis in the fourth quarter than in the […]

Existing Home Sales Drop To New Low

Tuesday, February 26th, 2008

Sales of existing homes fell for the sixth-straight month in January, dropping to the slowest sales pace on record.

Georgia Couple Retires On $275M Jackpot

Monday, February 25th, 2008

A Georgia iron worker and his wife claim $275 million in the Georgia Mega Millions lottery.

More Than Half Of American Households Saving

Monday, February 25th, 2008

About half of all U.S. households report adequate savings progress, a new survey finds.

January Housing Inventory Increased To A 10.3 Month Supply Compared To 9.7 In December

Monday, February 25th, 2008

We did find the housing inventory numbers increased, which is key. We are looking at the 10.3 month supply compared to 9.7 in December. In January, we were up in terms of inventory, that seems to be a problem. We are not anywhere close to that, for existing home prices, is not good at all […]

Price Of Gas Jumps 16 Cents In Two Weeks

Monday, February 25th, 2008

The average price of gas rose by 16 cents over the past two weeks.

Economists See Increased Signs Of Recession

Monday, February 25th, 2008

More economists are looking at all the bad news and saying recession seems to be inevitable.

Economists See Increased Signs Of Recession

Monday, February 25th, 2008

Job growth is faltering, consumer confidence plunging. The fallout from the worst housing slump in a quarter-century grows. Wherever you look, the signs are unmistakable that the economy is in trouble.

Is it Barack Obama OR ‘Baroke Obama’? When Barack Tries To ‘Stick It to the Man’ We All Loose

Saturday, February 23rd, 2008

Debate over Barack Obama’s $10 Billion housing bailout plan.
Did you know that you, the tax payer, will foot the bill?
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