Living in a Housing Bubble - Foreclosures gain on sales
For roughly every two homes sold in August in the capital region, one house went into foreclosure, according to the newest sales statistics released Thursday.
https://www.sacbee.com/103/story/378452.html
Run on British Bank: Northern Rock customers queue for cash as crisis hits high street
Despite Northern Rock's assurances that there was no need for customers to panic, queues continued to build steadily at the London branches visited by the Daily Telegraph today.
https://snipurl.com/1qqlu
Likelihood of a Recession Is Given Better Odds
Economic forecasters are boosting the odds of a recession over the next 12 months as the housing slump deepens and the credit crisis continues.
https://online.wsj.com/article/SB118954072982324112.html
Living in a Housing Bubble
In the interview, the Dr. dishes on the disconnect between median home prices and incomes, proposed mortgage bailouts, the way bubbles pop, and Real Homes of Genius.
https://snipurl.com/1qqlv
Dollar's retreat raises fear of collapse
Finance ministers and central bankers have long fretted that at some point, the rest of the world would lose its willingness to finance the United States' proclivity to consume far more than it produces - and that a potentially disastrous free-fall in the dollar's value would result.
https://www.iht.com/articles/2007/09/13/news/econ.php
From Information Clearing House
https://freepage.twoday.net/search?q=foreclosure
https://freepage.twoday.net/search?q=housing
https://freepage.twoday.net/search?q=recession
https://www.sacbee.com/103/story/378452.html
Run on British Bank: Northern Rock customers queue for cash as crisis hits high street
Despite Northern Rock's assurances that there was no need for customers to panic, queues continued to build steadily at the London branches visited by the Daily Telegraph today.
https://snipurl.com/1qqlu
Likelihood of a Recession Is Given Better Odds
Economic forecasters are boosting the odds of a recession over the next 12 months as the housing slump deepens and the credit crisis continues.
https://online.wsj.com/article/SB118954072982324112.html
Living in a Housing Bubble
In the interview, the Dr. dishes on the disconnect between median home prices and incomes, proposed mortgage bailouts, the way bubbles pop, and Real Homes of Genius.
https://snipurl.com/1qqlv
Dollar's retreat raises fear of collapse
Finance ministers and central bankers have long fretted that at some point, the rest of the world would lose its willingness to finance the United States' proclivity to consume far more than it produces - and that a potentially disastrous free-fall in the dollar's value would result.
https://www.iht.com/articles/2007/09/13/news/econ.php
From Information Clearing House
https://freepage.twoday.net/search?q=foreclosure
https://freepage.twoday.net/search?q=housing
https://freepage.twoday.net/search?q=recession
rudkla - 15. Sep, 09:47
