Blog Anthology, Posts 181 - 190

My primary blog has moved to LaneBailey.com and that is where all of the new material shows up. you might also check out my website, Garage Homes USA.

Probably the biggest story in real estate for 2007 has been the meltdown of the "Sub-Prime Mortgage" market. Big players went out of business, and the implosion touched (like a Three Stooges Smackdown) every part of the real estate market. Everybody put your heads on the desk is about one of the things in the aftermath. The President announced a plan that is intended to ease the burden on homeowners that are looking at resets, but I think the unintended consequences are going to reverberate in the market for years.

Continuing my Top Ten series, I hit cars. Again, I couldn't just pick cars that are on every corner, nor the ones that every teenager is already drooling over. Top Ten Nastiest vehicles you have never heard of... is that list. Land Rover power, Subaru power and GM EcoTech power aren't the first things that come to mind when SuperCars come up... but read and you will see.

Since it was almost Christmas, I tossed out a Christmas present from me. It's a nice little music video... a classic... but a bit twisted.

Heads Down needed a part two. Sometimes doing the right thing hurts is the part two. People ask me if I have a heart when I say that the government shouldn't be stepping in to save the homes of the majority of people facing foreclosure. I do, and I know that it sucks. But, what if the "cure" causes harm that prevents tens of thousands of other from having a chance to buy their dream home?

Bubbleheads are a favorite topic. If you don't know who the bubbleheads are, they are the ones that preach about the impending implosion of home prices. They quote each other as proof... I don't like that. Housing apocalypse revisited examines some claims about the coming devaluation. I cited the sources for all of my claims.

Despite the fact that I think the NAR does some good things, they really need to project a little more of a grip on reality when they talk about the market. It doesn't help with the credibility to always say the same thing... no matter what is going on. It seems like they just want to Say it until it's true... NOT!

The better way to look at everything is to find the positive... only if it is there. There is some good news in this market, and Seth Godin helped me find it. Of course, there are people that absolutely NOT get into real estate in this market... or any market.

Do you Plugoo? I just set up a widget on my blog to allow people to catch me on IM (anonymously) if I am online.

Another video quickie. This one is one of Those crazy Europeans drifting a truck. It just looks wrong... I mean really wrong. Tune in and turn on.

For international buyers, US Property on sale 17% off. I looked at the past few years and compared exchange rates with property values. The weakness of the US Dollar is creating a great buying opportunity in the US. Florida is on sale to the Canadians. Atlanta is a GREAT place for international businesses to create a presence.

I look forward to seeing you over at LaneBailey.com.