Comments on: Will the housing credit become untouchable?

By: Wedding Party Supplies

Wedding Party Supplies — Sat, 31 Oct 2009 14:54:32 +0000

I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.

By: Kids Birthday Party

Kids Birthday Party — Fri, 30 Oct 2009 02:22:01 +0000

Great stuff. Nice to read some well written posts. A long way between them.

By: skep-tic

skep-tic — Thu, 15 Oct 2009 00:56:59 +0000

#172

“Does anyone know what the proposed new income phase-out for the extended first-time buyer tax credit will be? Now it is currently approx. 150k for a married couple, but the linked articles indicate the proposed extension will eliminate the income cap for “all but the highest” income earners.”

************
If you can afford a house in NJ/NY/CT, you probably won’t qualify!

By: skep-tic

skep-tic — Thu, 15 Oct 2009 00:53:28 +0000

#154

“so far, seems like the best time to buy a house since peak was mid 08 to early 09. won’t be better than that til the incentives are gone.”

I believe that with respect to much of the country, but I was bidding on houses in Westchester and CT from Nov 08 to March 09 and sellers almost universally were in dreamland at that time. We didn’t have the foreclosure volume that existed in the west at that time either. I ultimately renewed my lease because I could not find sellers who were serious.

By: HEHEHE

HEHEHE — Wed, 14 Oct 2009 21:33:56 +0000

The Great One’s go in pairs

Captain Lou Albano Dies at 76

http://buzz.yahoo.com/buzzlog/93095/?fp=1

By: Sean

Sean — Wed, 14 Oct 2009 21:20:10 +0000

Corzine must be worried so he is calling in the ONE again. Obama will be in Hackensack on October 21 to stump for Corizne.

By: toshiro_mifune

toshiro_mifune — Wed, 14 Oct 2009 21:19:36 +0000

#204 – NO! Who’ll stop Cindy Lauper acting so crazy and having fun!

Seriously, he was 76? Wow, I had no idea.

By: Veto That

Veto That — Wed, 14 Oct 2009 21:18:51 +0000

Meter, when you do FHA, they PMI is capped at a more reasonable level.

By: Sean

Sean — Wed, 14 Oct 2009 21:10:18 +0000

re: #201 -Captain Lou Abano Dead at 76

By: meter

meter — Wed, 14 Oct 2009 20:43:09 +0000

I don’t understand this 3.5% down strategy. Doesn’t the PMI kill you on the payments?

By: Escape from NJ

Escape from NJ — Wed, 14 Oct 2009 20:30:17 +0000

Watergap (189)

Dude, you stole my handle. You will be hearing from my lawyers.

By: BC Bob

BC Bob — Wed, 14 Oct 2009 20:26:15 +0000

“Bruce Wasserstein, a Wall Street investment banker who helped pioneer the hostile takeover in the 1980’s and turned the mergers and acquisitions business into a high art, died Wednesday.”

http://dealbook.blogs.nytimes.com/2009/10/14/bruce-wasserstein-lazard-chief-dies/?hp

By: ruggles

ruggles — Wed, 14 Oct 2009 19:50:32 +0000

Actually, “This is a blog for people who are considering the move out of NJ”…but never will.

By: Schumpeter

Schumpeter — Wed, 14 Oct 2009 19:44:59 +0000

plume (198)-

It makes perfect sense. In fact, all this will happen here someday.

By: Comrade Nom Deplume

Comrade Nom Deplume — Wed, 14 Oct 2009 19:31:44 +0000

CNBC describes this as lunacy, and it is, but given the facts, it is also perfectly plausible.

http://www.cnbc.com/id/33310096/

In what has become a surreal world, cash is king, a cratering market is “hot” even if prices aren’t high, and buyers that would be courted here, are shunned. What happens in Vegas may not stay in Vegas.