From the PMI Group:
Fall Real Estate and Economic Trends
(click to enlarge)
There’s no longer any doubt that the housing market is cooling. As homeowners or prospective homeowners we pore over each new data point, trying to figure out where the market is going. And who can blame us? For most of us, a home is still the biggest purchase we’ll ever make—and a significant part of our retirement plans. Only time will tell whether we’ll ultimately experience a slowdown, isolated price dips, or a more substantial correction. In the meantime, as we watch the data, it’s important to understand what we’re seeing.
A Note from the US Consulate in Hong Kong
American Citizens Services Newsletter
Pandemic Influenza — Preparing for Possible Shelter-In-Place
U.S. Consulate General for Hong Kong and Macau
November 3, 2006
The U.S. Department of State recently sent a cable to all diplomatic and consular posts entitled “Pandemic Influenza: Preparing for Possible Shelter-In-Place”. The cable’s main intent was to provide guidance to all staff regarding “shelter-in-place”. That is, in the event of severe pandemic influenza with high morbidity, the public may be advised to self-quarantine. Therefore, current guidance notes that families should be prepared to “shelter-in-place” for up to twelve weeks, and maintain sufficient food and water supplies to accommodate that entire period.
http://hongkong.usconsulate.gov/ci_avian_2006110301.html
What happened to the Forum? I wanted a listing of porn sites 24/7!!!
Now I am being moderated —- feh!
Time to get some lessons of the past mistakes.
http://www.bankrate.com/brm/news/mortgages/200611092_avoiding_underwater_mortgage_a1.asp
Risk vs Reward???
“Now I am being moderated —- feh!”
It’s ABOUT time!
;-) I keed, I keed.
Time for a Negroni after raking have the yard.
A couple of days (weeks?) ago, someone asked here why we people are so interested in following every little detail….
I noticed the second sentence of the grabber paragraph.
I’m gonna bookmark this one for later use.
“Avian Flu”
don’t worry about it, your not a bird.
“flu shots”
man, I never do those damn things. Not worth the risk. Just wash your hands frequently and before you eat.
SAS
know what. Im sorry. Scrap that. I dont think it works 100%.
JB so as to avoid confusion maybe you can delete that one.
this bloc wrote an interesting piece over at the “greenspanmess blog”.
http://themessthatgreenspanmade.blogspot.com/2006/11/ponzi-revisited.html
SAS
Ponzi reminds me of 1925 Florida RE. Must reading if anybody decides to ignore history;
http://www.stock-market-crash.net/florida.htm
“People in the North heard about the real estate prices “doubling and tripling”, causing a snowball effect. Capital was rapidly pumped into the real estate market. Whole golf communities were developed, such as Temple Terrace. Resorts and retirement communities were developed almost overnight. Mansions were sprawling in every area, as were swimming pools. As always, waterfront property was the most desirable. Florida was seen as a veritable Utopia.”
Ahh! This is all rubbish! We live in New Jersey, we have Bubble Wrap all around us because we’re so close to new york!
These days, I’m trying to remember to be humble, and also not to go for the first house I think is a bargain.
It’s a real challenge. Trying.
I mean on the humble part. ;P
Whenever I see something of interest, I take a deep breath, and go shop on eBay. I just bought 4 items tonight, trying to avoid looking at the new house listings.
I’m like a junkie, and eBay is my patch.
JB,
Could you re-open the forum.
Thanks,
-Sapiens
Maybe it’s my eyes, the late hour, or the inbibin’, but I thought I lived in a blue state…
Go Rutgers!
How did Florida escape the Top 10? Is New Hampshire really that crazy?
BTW,
Things are starting to slow in the coastal regions of NC/SC. Look out below.
Pat says:
>> Whenever I see something of interest, I take a deep breath, and go shop on eBay. I just bought 4 items tonight, trying to avoid looking at the new house listings.
Times when I come to this forum-
a) a realtor calls with a price reduction (but house still overpriced)
b) new listings in my inbox
c) i need to drop off my fat rent check ($2200 for a 3 br condo in somerset)
d) general itch to make an offer..
trying to stay away from buying, but it’s getting hard.
This is the first time i’m renting in more than 7 years. I’ve lived in Georgia.. (great 3br ranch on a 3/4 acre lot bought @ 145k), then in Kansas (4br, 3ba, fenced lot.. @225K)
Don’t regret coming to NJ but for the house prices!
ks2nj,
Interested in a 3br/2ba in Clifton, $1,500/mo?.
jb
Jim, $1500 is enticing!
I need to stay close to Rutgers, bush campus (new bruns) though :(
I am so new to nj, I had to look up clifton on the map – it’s about 38miles.
Thanks
The best ‘patch’ for staying strong, is the fat interest deposit each month from the bank into your account.
Ebay costs money, just pull out the monthly bank statement and look it over, for free.
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