Real Estate News This Morning - February 7, 2008
February 7, 2008
The Morning Review of Today’s Top Real Estate Stories
Get your cup of coffee and settle in with this morning’s top real estate related stories right off the newswires!
In an effort to keep you informed, we have searched the wires and as you start your day, these are some of the more interesting stories affecting the real estate industry this morning. Check back throughout the day as we will add additional links as more stories are released.
If you hear about a story that you think our readers would be interested in, please email us the link and we will post it. Please email us the link.
Top Stories:
Bad Quote of the Day Continues:
Yesterday..in this very space, we quoted Lawrence Yun as follows (Denver Post)
“The subprime-mortgage crisis already is a thing of the past and should not affect the housing market going forward, Yun said. ‘The subprime mess is a Wall Street mess,’ Yun said. ‘They made a huge gamble, and they lost. Subprime is a past event that’s unrelated to homebuying.’” Lawrence Yun, National Association of Realtors
Well…I guess Larry forgot what he said. This was released this morning from the NAR:
“Areas with a high prevalence of subprime lending will continue to feel downward price pressure. Lawrence Yun, National Association of Realtors
Thanks Larry!
Las Vegas tops foreclosure list
Foreclosures: 100 worst hit zip codes
I GUARANTEE VALUE IF YOU BUY THIS HOUSE
Save The “Real Estate Is Local” Mantra…
America’s Middle Class In Trouble???
Don’t Mind The Chalky Outline, The Caution Tape..or The Smell
Owner Occupied Loans: Sure I am Going To Be Living In This House
Housing Correction Still Seen As Ongoing
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