A DAILY LOOK AT THE STORIES YOU SHOULD BE READING

Real Estate

- People are not buying existing homes and they are not buying new homes.

- In breaking news, real estate agents are not paid to get you a good deal.

- Oversupply + 100 degrees in the summer = more value declines for Arizona

- Hanging out at the Mall may be a thing of the past.

Finance

- Ken Lewis might be a leeeeeetle too optimistic.

- JP Morgan’s Jamie Dimon lays off 12,000 people as a “precautionary move to ensure that the company has financial flexibility should economic conditions worsen”.  Ironic

- Job losses at a 27 year high and the stock market is up as of this posting.  Makes sense to me.

- If our wagon is hitched to GM, we are all in big trouble.

Ciriosly Funny

- Finally, an effective crocodile repellent.  Phew, just in time for the flocks of summer swamp-goers.

This entry was posted on Thursday, February 26th, 2009 at 9:18 am and is filed under Mortgages. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.