Real Estate Blog

Today’s reverse crash resulted in the Dow up $889.35 to close at $9,065.12. From peak to recent trough, the Dow has moved from its all-time high of $14,164 on October 9, 2007 to a low of $8,176 on October 27, 2008. That’s a decline of $5,988 or 42%. It earned back about 10% of that today.

So, let’s try to figure out what caused all this exuberance and determine if it’ll hold.

Over the weekend it was reported that emerging markets’ debt, currencies, and stocks are crashing, a series of events that the US will be relatively unscathed by, for a change. **not much bearing on the Dow unless there’s more to this story, but go on**

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A 2003 NY Times article gives us insights into our current financial crisis.

The rest is here:
The Almost-Averted Crisis

The genesis of our current financial crisis began with the GSEs, but the decisions which led to this crisis came largely from Washington.

See the original post here:
The Genesis of Our Current Mortgage Crisis

It’s no secret in Washington that RESPA reform — that’s the acronym for the real estate settlement rules that govern all home sales and financings — is a hot potato that nobody seems able to handle.

Read more:
Washington Report: Industry Critics and RESPA

Pardon my blunt tone, but honestly, do hardworking American citizens need more debt on their shoulders? Congress, the Senate and now President Bush apparently think so.

The signing by President Bush of the new housing bill is supposed to help keep 400,000 homeowners from foreclosure by refinancing them into lower-interest FHA loans, backed by $300 billion in federal aid. This funding may be funded federally, but it will be coming from taxpayers’ pockets.

My beef? I did not gamble on an adjustable rate, low interest/no interest loan. I did not choose to purchase a house that was hundreds of thousands of dollars beyond my means. I certainly did not choose for my children to be saddled with more national debt and for my family to take a hit in taxes.

Could a dysfunctional Congress totally blow its only opportunity to help thousands of home owners avoid foreclosure?

See original here:
Washington Report: Congress Versus Homeowners in Foreclosure?

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
The property has three rooms on each floor and corridors.<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
The nearest SPA centre is around 50km away. <br />
The river of Danube is 30km away and daily boat trips are available. <br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
Free hold.<br />

View original post here:
Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
The property has three rooms on each floor and corridors.<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
The nearest SPA centre is around 50km away. <br />
The river of Danube is 30km away and daily boat trips are available. <br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
Free hold.<br />

Credit:
Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
The property has three rooms on each floor and corridors.<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
The nearest SPA centre is around 50km away. <br />
The river of Danube is 30km away and daily boat trips are available. <br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
Free hold.<br />

Excerpt from:
Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
The property has three rooms on each floor and corridors.<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
The nearest SPA centre is around 50km away. <br />
The river of Danube is 30km away and daily boat trips are available. <br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
Free hold.<br />

Here is the original post:
Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
The property has three rooms on each floor and corridors.<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
The nearest SPA centre is around 50km away. <br />
The river of Danube is 30km away and daily boat trips are available. <br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
Free hold.<br />

Excerpt from:
Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
The property has three rooms on each floor and corridors.<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
The nearest SPA centre is around 50km away. <br />
The river of Danube is 30km away and daily boat trips are available. <br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
Free hold.<br />

Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
The property has three rooms on each floor and corridors.<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
The nearest SPA centre is around 50km away. <br />
The river of Danube is 30km away and daily boat trips are available. <br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
Free hold.<br />

Excerpt from:
Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
The property has three rooms on each floor and corridors.<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
The nearest SPA centre is around 50km away. <br />
The river of Danube is 30km away and daily boat trips are available. <br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
Free hold.<br />

Read more here:
Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
The property has three rooms on each floor and corridors.<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
The nearest SPA centre is around 50km away. <br />
The river of Danube is 30km away and daily boat trips are available. <br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
Free hold.<br />

Read the original post:
Country estate (16k) in a picturesque & unexplored area in the county of Montana